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Hyundai India stock falls as much as 4.6% after record IPO

Kiran Murali & Prerna Lidhoo     calendar22 Oct 2024

In the first 30 minutes of trading, shares were trading at Rs 1,844.65 on the NSE, down 4.9% from the listing price.

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The IPO will help us become a truly local champion in India: Hyundai's Jaehoon Chang  News
The IPO will help us become a truly local champion in India: Hyundai's Jaehoon Chang 

By Prerna Lidhoo & Kiran Murali calendar22 Oct 2024

The company will launch advanced EV models, localize EV supply chains and invest in EV infrastructure across India, C...

Hyundai Motor Group taking next big step in India with IPO, Executive Chair Euisin Chung News
Hyundai Motor Group taking next big step in India with IPO, Executive Chair Euisin Chung

By Kiran Murali and Prerna Lidhoo calendar22 Oct 2024

Hyundai India’s IPO, which was a pure offer of sale, is now the largest in India to date.

Hyundai India IPO: Shares start trading at Rs 1,934, a discount of 1.3% News
Hyundai India IPO: Shares start trading at Rs 1,934, a discount of 1.3%

autherKiran Murali calendar22 Oct 2024

This IPO is the largest in the country to date, surpassing Life Insurance Corp’s Rs 21,000-crore IPO two years ago.

Mercedes-Benz opens Europe's first battery recycling plant News International
Mercedes-Benz opens Europe's first battery recycling plant

autherAutocar Professional Bureau calendar22 Oct 2024

Mercedes-Benz becomes the first car manufacturer worldwide to close the battery recycling loop with its own in-house f...

Volkswagen Virtus crosses 50,000 units in domestic wholesale sales in India News
Volkswagen Virtus crosses 50,000 units in domestic wholesale sales in India

autherAutocar Professional Bureau calendar21 Oct 2024

Volkswagen recently introduced new variants of the Virtus- Virtus GT Line and Virtus GT Plus Sport in India.

Tata Punch sells 458,000 units since launch, is best-selling PV in January-September 2024 Analysis Sales
Tata Punch sells 458,000 units since launch, is best-selling PV in January-September 2024

By Ajit Dalvi calendar21 Oct 2024

Launched on October 18, 2021, the popular compact SUV sold with petrol, CNG and electric powertrains is both India’s b...

Nissan Magnite facelift looks to challenge hatchbacks, entry level SUVs Feature
Nissan Magnite facelift looks to challenge hatchbacks, entry level SUVs

By Mayank Dhingra calendar20 Oct 2024

The refreshed Magnite gets a raft of changes including an uprated safety kit with six airbags, three-point seatbelts a...

Maruti Suzuki takes huge lead in car, SUV exports in H1 FY2025, Volkswagen is the new No. 3 Analysis Sales
Maruti Suzuki takes huge lead in car, SUV exports in H1 FY2025, Volkswagen is the new No. 3

By Ajit Dalvi calendar19 Oct 2024

Maruti Suzuki India, the passenger vehicle export leader since FY2022, is well set to retain its No. 1 exporter title ...

Vehicle exports from India rise 14% in H1 FY2025, SUVs, 2-wheelers and CVs drive revival Analysis Sales
Vehicle exports from India rise 14% in H1 FY2025, SUVs, 2-wheelers and CVs drive revival

By Ajit Dalvi calendar19 Oct 2024

After the 5.5% decline in FY2024 to 4.5 million units, exports of made-in-India vehicles see revival in the first half...