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 made its debut at the Indian stock exchange and while it shares saw initial hiccup, driving on D-Street may reflect ...
Institutional investors showed strong demand, flooding in on the final day, while retail investors purchased only about half ...
Hyundai Motor's $3.3 billion IPO in India has only attracted 42% subscriptions amid weak market sentiment.
Chakri Lokapriya, Managing Partner at RedStrawBerry LLP, shares his insights on Hyundai's IPO, recommending investors to subscribe. He highlights Hyundai's strong market position in India, much ...
Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, has received capital markets regulator Sebi's approval to float an initial public offering (IPO), people familiar ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback