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Hyundai Motor India Shares Slump
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.
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 Motor India drops 7% on debut after country's biggest IPO
By Nandan Mandayam and Dhwani Pandya 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.
Hyundai Motor India Faces Rocky IPO Debut
Hyundai Motor India's IPO experienced a challenging debut, closing over 7% lower than its issue price of Rs 1,960 on the first trading day. Despite the muted performance, the company's status as India's second-largest passenger vehicle manufacturer and its focus on the SUV segment supports its growth outlook.
Hyundai Motor India IPO Prospects Dim in Gray Market Trading
India’s unregulated gray market is indicating that the excitement around Hyundai Motor India Ltd.’s $3.3 billion initial public offering — poised to be the country’s biggest ever — is cooling.
Hyundai Motor India set to price shares at top of range to raise $3.3 bln, sources say
Hyundai Motor India is set to price its shares at 1,960 rupees to raise $3.3 billion in its initial public offering, according to two sources with direct knowledge of the matter.
Hyundai Motor India's shares jump 5% on second day, making up for dull debut
Retail investors were largely unenthusiastic about this IPO, subscribing only 0.5x to the offer. The issue sailed over and managed to get a 2.37x subscription thanks to QIBs (qualified institutional buyers),
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Hyundai Motor Q3 profit misses forecast as demand slows; shares slide
Hyundai Motor Co on Thursday reported a 7% fall in third-quarter operating profit in a sign the global slowdown in car demand ...
abp LIVE
2d
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 ...
18h
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 ...
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Hyundai Motor India IPO Listing Live Updates: Hyundai Motor India shares decline 7.16% to 1,819 on debut, Sensex plunges over 900 points
Hyundai Motor India, the Indian subsidiary of the South Korean automotive giant Hyundai Motor, is poised to make its ...
7d
Hyundai Motor India Public Issue Subscribed Over 2 Times On Last Day
Hyundai Motor India Ltd's initial public offering has been subscribed 2.34 times till 4 p.m. on its third and last day on ...
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