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, Q3
Hyundai Motor had a lacklustre Indian market debut on Tuesday after raising $3.3 billion in the country's biggest-ever ...
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.
Hyundai Motor India, the Indian subsidiary of the South Korean automotive giant Hyundai Motor, is poised to make its ...
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