Hyundai Shares Rise After Supplier Plant Fire; Company Expects Full Production Recovery by June 22

Shares of Hyundai Motor India traded higher on Thursday after the automobile manufacturer provided an operational update following a fire incident at the manufacturing facility of one of its key suppliers, Mobis India Limited.

At 12:10 pm, Hyundai Motor India shares were trading at Rs 1,934.50 on the National Stock Exchange, up Rs 43.50 or 2.30 percent from the previous close, reflecting positive investor sentiment after the company's reassurance on production continuity and sales outlook.

In a regulatory filing, Hyundai Motor India stated that it is taking all necessary measures to restore normal production activities, including sourcing automotive components from alternative locations, following the fire incident at the manufacturing plant of Mobis India Limited.

The company clarified that operations at its Pune plant and Chennai Plant 2 remain largely unaffected and are continuing as usual. According to the automaker, the temporary production disruption is primarily limited to Chennai Plant 1.

Hyundai further informed investors that Chennai Plant 1 is expected to regain its production pace by June 15, 2026. The company added that all production operations across its facilities are projected to return to normal by June 22, 2026.

The automaker stated that it is currently assessing the full extent of the impact of the incident on its operations. However, it expressed confidence that any production loss resulting from the disruption would be largely recovered within the next quarter.

On the sales front, Hyundai reassured investors that the incident is not expected to significantly affect retail performance in June 2026. The company said it has adequate inventory available across its dealer network to meet customer demand during the temporary disruption.

The update provided relief to the market, as Hyundai emphasized both operational resilience and supply-chain management measures following the supplier plant fire. With production recovery timelines already outlined and retail inventory remaining sufficient, the company expects to restore normal manufacturing operations while minimizing the overall impact on business performance.