Hyundai in top gear: 3 reasons Goldman Sachs says the Creta maker will outpace Industry
Goldman Sachs initiates coverage on Hyundai, predicting a 23% increase in share price with a Buy rating. The company is expected to outgrow the Indian car industry with new SUV launches and upcoming greenfield capacity additions. Hyundai is set to deliver 8% growth annually over 3 years, while the domestic car industry is expected to grow at 5.3%.