Hyundai Motor India Shares Fall On Debut

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'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 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 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.
Heard on the Street: Hyundai IPO Could Steer India's Market in New Direction
Hyundai Motor’s initial public offering was a dud by India's red-hot standards. But the price it got could still attract companies such as Walmart and South Korea's LG Electronics to list their subsidiaries there.
Hyundai Motor India Shares Fall On Debut After Record IPO
Hyundai Motor had a lacklustre Indian market debut on Tuesday after raising $3.3 billion in the country's biggest-ever initial public offering, with shares closing 7.1 percent down from their issue price.
Hyundai to become more localized brand after IPO in India: top salesperson
GURUGRAM, India - Abhishek Gupta, one of the top car salesmen in India, expects Hyundai Motor’s latest stock listing here will enhance its corporate identity as a more localized carmaker and present a more approachable image to customers.
Large multinationals keen on IPOs in India despite Hyundai's weak debut: Citi
On Tuesday, Hyundai Motor India listed at ₹1,934 on the National Stock Exchange, a discount to its IPO price of ₹1,960, but Citi's Rahul Saraf said many clients are encouraged by the listing.
Hyundai Motor rakes in record US$3.3B on Indian IPO
This was the Hyundai Motor Group’s first overseas listing, with Executive Chairperson Chung Eui-sun meeting Indian Prime Minister Narendra Modi to pledge increased cooperation,
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