Home Market
Market

Hyundai share price Today IPO Listing 2024 Live Updates: Hyundai Motor India makes discounted debut

By admin
0
478
Hyundai share price Today IPO Listing 2024 Live Updates: Hyundai Motor India makes discounted debut

Go to Live Updates

Hyundai IPO 2024 Live Updates: India’s largest-ever IPO yet, made its D-Street debut on October 18. The stock was listed at a discount of 1.3% on National Stock Exchange while it debuted on BSE at Rs 1,431, a discount of 1.48% to the issue price. 

Hyundai Motor India was subscribed to a total of 2.37 times, driven primarily by qualitative institutional buyers. However, the retail and non-institutional segments didn’t show much interest. The retailers booked the issue 0.5 times while the NIIs subscribed to it 0.6 times.

Also Read Waaree Energies IPO 2024 Live Updates GMP: Check latest GMP, Price Band, Allotment Date, Listing & More Hyundai Motor India lists at 1.3% discount Hyundai Motor India makes disappointing debut, lists at 1.3% discount on NSE Hyundai Motor India IPO Highlights: Check Hyundai India IPO GMP, allotment, price band and how to check application status online Live UpdatesHyundai share price Today IPO Listing 2024 Live Updates: Hyundai India shares fell 2.27%  15:01 (IST) 22 Oct 2024 Hyundai Motor India Share Price Live: Expert’s view on Hyundai IPO post listing

“Considering the large size of the IPO, Hyundai Motors India listing close to the IPO price, with no listing gains, is not a surprise. We like the company fundamentals with a medium to long-term perspective, owing to its favourable product mix, superior return ratios and growth potential in the export market which is supported by ongoing expansion plans. The launch of Creta EV in Q4FY25E is now a key event to track in the near term,” said Mrunmayee Jogalekar, Auto Research Analyst with Asit C Mehta Investment Intermediates.

14:18 (IST) 22 Oct 2024 Hyundai Motor India Share Price Live: Hyundai Moto India share price falls 6%

Shares of Hyundai Motor India are available at a discount of 6% on NSE. The stock fell to an intra-day low of Rs 1,840 after listing on the bourses at a price of Rs 1,934 on NSE) and Rs 1,931 on BSE.

13:40 (IST) 22 Oct 2024 Hyundai Motor India Share Price Live: Master Capital Services on Hyundai IPO

“It is anticipated that with an improved market share in key segments due to a favourable product mix,

 » Read More

Previous articleUltraTech Cement Share Price Today Live Updates, 22 Oct, 2024: UltraTech Cement on the radar
Next articlePaytm shares slide 7.7% after Q2 results as revenue declines and one-time gain helps profit
adminhttps://businesstimes.co

Related Articles

Money

Kissht parent’s AUM crosses Rs 4,000 crore in FY25

admin - 0
OnEMI Technology, the parent company of digital lending platform Kissht, has grown its assets under management (AUM) by 55% in the financial year 2024-25, to more than Rs 4,200 crore, founder and executive director, Krishnan Vishwanathan, said. In FY24, their AUM had doubled to Rs 2,700 crore. He added that while the overall unsecured loan
Read more
Industry

Lower tech spending to hurt IT sector

admin - 0
Indian IT services sector may face indirect challenges due to the reciprocal tariffs, as analysts highlight potential disruptions in economic growth that could affect technology spending particularly in key verticals such as manufacturing, logistics, and retail. The tariffs are designed to boost American manufacturing but could increase costs for US businesses. This, in turn, could
Read more
Industry

Industry sees gains in electronics over China, Vietnam

admin - 0
With a reciprocal tariff rate of 27% imposed by the United States starting April 9, India stands in a favourable position compared to competitors like Vietnam (46%), Thailand (36%), and China (54% – 34% reciprocal plus additional 20% ). However, it will face challenges from manufacturing nations such as Turkey, Brazil, and the Philippines, with
Read more

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

Money

Kissht parent’s AUM crosses Rs 4,000 crore in FY25

admin - 0
OnEMI Technology, the parent company of digital lending platform Kissht, has grown its assets under management (AUM) by 55% in the financial year 2024-25, to more than Rs 4,200 crore, founder and executive director, Krishnan Vishwanathan, said. In FY24, their AUM had doubled to Rs 2,700 crore. He added that while the overall unsecured loan
Read more
Industry

Lower tech spending to hurt IT sector

admin - 0
Indian IT services sector may face indirect challenges due to the reciprocal tariffs, as analysts highlight potential disruptions in economic growth that could affect technology spending particularly in key verticals such as manufacturing, logistics, and retail. The tariffs are designed to boost American manufacturing but could increase costs for US businesses. This, in turn, could
Read more
Industry

Industry sees gains in electronics over China, Vietnam

admin - 0
With a reciprocal tariff rate of 27% imposed by the United States starting April 9, India stands in a favourable position compared to competitors like Vietnam (46%), Thailand (36%), and China (54% – 34% reciprocal plus additional 20% ). However, it will face challenges from manufacturing nations such as Turkey, Brazil, and the Philippines, with
Read more
Industry

Indian textile exporters to get an edge over key competitors

admin - 0
US President Donald Trump’s decision to impose universal reciprocal tariffs on imports has given India’s textile industry—especially apparel exporters—an edge over competitors like Vietnam, Bangladesh, and China, which face even higher tariffs. The Trump administration on Thursday announced a flat 27% tariff on Indian goods with some exemptions. In comparison, India’s main competitors—Vietnam (46% tariff)
Read more
Market

Rupee rebounds on less-harsh tariffs, weak dollar

admin - 0
The rupee staged a strong comeback on Thursday, strengthening by 7 paise against the dollar after weakening by nearly 25 paise in morning trade. Gains were driven by the view that US tariffs were less severe than feared. The fall in crude oil prices and weakening of the dollar index also helped the rupee rebound.
Read more
Load more
© businesstimes.co