Hyundai Motor India Shares Slump As Trading Begins In Asia’s Biggest IPO Of The Year
The stock fell 34% when trading commenced but recovered to close at 1,819.6 rupees, down 7.16% from its IPO price, on the first day of trading in Mumbai. The company’s IPO was priced at 1,960 rupees a share, at the top end of its marketed range. Shares of parent company Hyundai Motor edged down about 1% in South Korea.
Romaine Jackson of ION Analytics cites tailwinds in India positioning it as an attractive market for South Korea's chaebols ...
Shares of Hyundai Motor India rose 6 percent to Rs 1,929 in the afternoon on October 23, following its market debut. However, the biggest IPO in India disappointed investors, as it listed at a ...
While several media reports indicated a potential hybrid launch by 2026, Unsoo Kim, MD and President, Hyundai Motor India did ...
Hyundai India aims 30 per cent annual production capacity expansion by 2028 with the help of the Talegaon plant.
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