Despite the GST 2.0 lift-off, Hyundai Motor India’s stock has fallen 20% from the record high it touched in September 2025, as investors reassess the company’s growth outlook amid mixed signals on demand and margin concerns emanating from its newest plant. While analysts continue to forecast steady revenue growth supported by exports, a richer product mix and currency tailwinds, concerns over the limited benefit from the GST rate cut and near-term headwinds have kept investors on edge. Here’s what experts are saying.