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Hyundai Motor India Shares Slump

Hosted on MSN · 7h

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 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.

Reuters on MSN · 2d

Hyundai Motor India Drops 7% on Debut After Country's Biggest IPO

BENGALURU/MUMBAI (Reuters) -Hyundai Motor India shares fell 7.2% on their market debut on Tuesday after retail investors gave a lukewarm reception to the country's biggest ever initial public offering (IPO) amid concerns about a lofty valuation and an auto industry slowdown.

12hon MSN

Hyundai Motor Q3 profit misses forecast as demand slows; shares slide

Hyundai Motor Co warned on Thursday of slowing demand and intensifying competition, but stuck to its 2024 earnings target ...

Hyundai Motor India Hits Stock Market Today After $3.3 Billion Offering; GMP Hints At Muted Listing

Institutional investors showed strong demand, flooding in on the final day, while retail investors purchased only about half ...

Hindustan Times7d

initial public offering

Hyundai Motor's $3.3 billion IPO in India has only attracted 42% subscriptions amid weak market sentiment.

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