#Despite
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in Hyundai Motor India's stock surged nearly 5% despite a 22% dip in Q4 FY26 net profit. The shares of Hyundai Motor India jumped nearly 5% on Monday as brokerages maintained their ‘Buy’ ratings on the stock even after the automaker reported a 22% drop in net profit to Rs 1,256 crore for Q4 FY26, compared with Rs 1,614 crore in the year-ago period. For the full financial year FY26, Hyundai Motor India reported a 2% YoY rise in revenue to Rs 70,763 crore, while net profit declined 4% YoY to Rs 5,543 crore from FY25.
Also in this newsletter: European Commissioner for the Economy Valdis Dombrovskis tells Europe Today that a prolonged and escalating war in the Middle East could mean a 'stagflationary shock' for Europe.
