Hyundai Motor India shares slip to Rs 1,745, down over 10 pc of IPO price
Shares of Hyundai Motor India, that were listed at Rs 1,931 apiece, have slipped more than 10 per cent from its IPO price.
Shares of Hyundai Motor India, that were listed at Rs 1,931 apiece, have slipped more than 10 per cent from its IPO price.
The chiefs of Hyundai Motor Group and Toyota Motor Corp said on Sunday that the two carmakers will cooperate in the motor sports division in their first public appearance at a racing event.
Shares of Hyundai Motor India are set to start trading on the Indian stock market on Tuesday, following last week's $3.3 billion IPO subscription process.
Car and SUV manufacturers have agreed to offer discounts of 1.5 per cent of the ex-showroom price of a new car or Rs 20,000 whichever is lower
Hyundai and Kia's second-quarter operating income likely rose 1 per cent and 11 per cent, respectively, from the same period of last year, the survey showed.
India is becoming increasingly important for Hyundai and its affiliate Kia Corp, as they scale back their presence in China and exit the Russian market.
Car maker Hyundai Motor India Ltd on Thursday said it would launch the Hyundai IONIQ5 as the battery electric vehicle (BEV) built on the electric global modular platform (E-GMP).
Hyundai's sales climbed 7 percent to 60,604 units last month from 56,761 a year ago, while Kia's were up 12 percent to 58,276 from 52,067 during the same period, the data showed, reports Yonhap news agency.
Hyundai Creta Is already a big hit in the market but now Hyundai Creta facelift will be introduced to the world towards the end of the year
In 2022, Hyundai aims to sell 4.32 million vehicles, 10 percent higher than its sales of 3.89 million units a year ago.
