<ul><li>Hyundai Motor India Ltd. reported a stronger-than-expected fourth quarter performance driven by improved average selling prices, favorable product mix, and lower discounting.</li><li>Jefferies downgraded Hyundai to underperform, citing a fall in India private vehicle market share to a 20-year low and a subdued growth outlook.</li><li>Brokerages caution about Hyundai's medium-term growth prospects due to concerns over market share, muted domestic outlook, and expensive valuations.</li><li>Across brokerages, Hyundai's improved ASPs and feature-rich product mix were acknowledged as primary drivers of fourth-quarter margin outperformance.</li></ul>

Hyundai Motor Q4 Review: Premiumisation Lifts Margins But Growth And Market Share Worries Linger

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