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Hyundai Motor India's shares drop 7% on trading debut
Still see short-term downside for Hyundai Motor India's stock: Analyst
Prashanth Tapse of Mehta Equities believes Hyundai Motor India has long-term growth potential thanks to its lead in the sports utility and electric vehicle segments. He suggests that 1,700 to 1,750 rupees is a good entry point into the stock given some short-term challenges.
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.
Hyundai's Lackluster Trading Debut After Record IPO Drags Down India Auto Stocks
Hyundai Motor India’s IPO raised $3.3 billion in the listing A key challenge for Hyundai in India would be to defend its position as the country’s No. 2 carmaker from rivals Tata Motors and Mahindra & Mahindra.
Hyundai Motor India's shares drop 7% on trading debut after record IPO
Hyundai Motor India shares fell 7% on their trading debut Tuesday after a record $3.3 billion initial public offering.
Hyundai Cements Commitment For India, Debuts LARGEST IPO Ever!
Hyundai has cemented its commitment to the Indian market by debuting the largest IPO ever valued at Rs 27,870 crore
Hyundai India's Shares Plunge by 7% on Market Debut
Hyundai Motors India just had an Initial Public Offering. It was India's largest IPO ever. Hyundai India managed to raise $3.3 Billion. But the markets weren't as kind to Hyundai India. The company saw its share prices fall by about 7% on listing day,
Opinion
Hyundai’s India IPO Harks Back to Another Era
In the 1970s, New Delhi forced multinationals to cut stakes in local units. Now they're doing it willingly, which may have a salutary impact on markets.
Hyundai Motor India Makes Lackluster Debut After Record Listing
The South Korean automaker’s Indian affiliate a made a tepid trading debut after the biggest-ever listing in India.
Hyundai India's record $3.3 bln IPO subscribed 42% on 2nd day of bidding
Hyundai India's $3.3 billion IPO was subscribed in 42% on the second day of bidding on Wednesday, led mostly by employees, who were offered shares at a discount and already oversubscribed their part of the offer.
Hyundai India share price rebounds 6% a day after muted stock market debut. Should you buy?
Hyundai Motor India share price climbed 5% today, rebounding after a weak IPO debut. A host of brokerages have bullish calls on the newly-listed automaker.
3d
Hyundai India shares drop 6% on market debut after record IPO
Shares of Hyundai Motor India dropped as much as 6% in their market debut on Tuesday, after a tepid response from retail ...
3d
Hyundai Motor India drops 7% on debut after country's biggest IPO
Hyundai Motor India's shares fell 2% in their market debut on Tuesday, after a tepid response from retail investors to the ...
1d
on MSN
Hyundai Profit Declines on Weaker Car Sales, Geopolitical Risks
Hyundai Motor Co. reported third-quarter profit that fell short of analysts’ estimates as tepid vehicle sales around the ...
1d
Hyundai Motor India launches historic IPO, paves way for innovation and growth in automotive sector
Since commencing operations in 1996, the company has introduced a diverse range of models tailored to meet the needs of ...
The Financial Express
2d
Hyundai refuses to give timeline for hybrid launch in India but sees EVs and CNG taking pole position in demand chart
While several media reports indicated a potential hybrid launch by 2026, Unsoo Kim, MD and President, Hyundai Motor India did ...
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