Mumbai, Oct 22, 2024 (AFP) - Hyundai shares close 7.1% down in India after IPO debut

NAMPA / AFP

2024-10-22

Hyundai Motor had a lacklustre Indian market debut on Tuesday after raising $3.3 billion in the country's biggest-ever initial public offering, with shares closing 7.1 percent down from their issue price. Shares of the automaker fell in the first day of trade on the Mumbai bourse to 1,820 rupees ($21.65), down from their issue price of 1,960 rupees. asv/gle/smw ...

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