Nuvama has a ‘hold’ recommendation on Ambuja Cements with a target price of Rs 667 (+19%). The company is merging Shanghi Industries and Penna Cement with itself for operational efficiencies…
Indian food-delivery platform Swiggy Ltd. is seeking to sell shares for as much as 390 rupees ($4.64) each in an initial public offering that may raise $1.35 billion, people familiar…
The initial public offering of Hyundai Motor India Ltd, the Indian subsidiary of South Korean automaker Hyundai, saw an 18 percent subscription on its first day of bidding on Tuesday.…
Hyundai IPO price does not provide significant valuation comfort compared to Maruti. (AI image) Hyundai IPO: Hyundai Motor India (HMI), the second-largest passenger vehicle (PV) manufacturer in the country, is…
NEW DELHI: IPO-bound Hyundai Motor India Ltd will explore opportunities for exporting its upcoming electric vehicles from the country to other similar markets to enhance its position as a production…
Hyundai Motor India's IPO marks a significant milestone, as it becomes the first automaker to go public in India since Maruti. (AI image) Hyundai IPO 2024: Hyundai Motor India has…