The festival season often sees retail investors pulling back from the stock market as they become more focused on consumption rather than investment
Also plans to expand EV portfolio and production capacity
Market analysts remain cautious on Hyundai Motor India, recommending profit booking and re-entry at lower levels, citing market volatility and the company's disappointing listing
Hyundai Motor India, the country’s second-largest carmaker, made a shaky start on the stock exchanges. The shares listed at Rs 1,931 on the BSE, down 1.47 per cent.
The debut may set the tone for a string of other billion-dollar-plus deals coming to the market in India
On Wall Street, both the Dow Jones Industrial Average and S&P 500 closed lower, retreating from record highs as Treasury yields increased.
Hyundai's compatriot LG Electronics Inc. is also reported to be preparing for a potential IPO of its Indian unit
Fees from handling equity share sales hit Rs 3K cr in 2024
The share allotment for Hyundai Motor India Ltd’s IPO, is expected to be finalised on Friday, October 18. Here’s a quick guide on how you can check your IPO allotment status online
Hyundai Motor IPO Allotment: Hyundai India's shares in the grey market are now trading at a discount of around Rs 30 against the upper end of the IPO price of Rs 1,960
Today, the Supreme Court upheld the validity of Section 6A of the Citizenship Act, 1955, allowing citizenship for immigrants who entered Assam before January 1, 1966.
Sensex fell below the 81,000 mark. NSE Nifty slipped below 25,000 in trade
In its IPO, Hyundai Motor India Limited (HMIL) is seeking a valuation of 26.3 times its 2023-24 (FY24) earnings, approximately 10 per cent lower than the market leader, Maruti Suzuki India Limited
Get ready for India’s largest-ever IPO! Hyundai Motor India’s ₹27,870 crore IPO will open for subscription from October 15-17, 2024.
At 6:30 AM, GIFT Nifty Futures were trading about 49 points lower at 25,069, suggesting a negative start for Indian markets.
Shares of Garuda Construction and Engineering ended with a 12.5 per cent gain on Tuesday
Experts attribute this phenomenon to large IPOs absorbing market liquidity, subsequently weighing on the overall market performance
Today, the Election Commission of India announced the schedule for assembly elections in Maharashtra and Jharkhand.
Over 260 companies in India have raised more than $9 billion through IPOs so far this year, according to LSEG data. That's already higher than the $7.42 billion raised during the same period last year
42.4 mn shares allotted to 225 funds at Rs 1,960 apiece