Hyundai Motor India’s Shares Fall 5% After Record IPO, But Long-Term Optimism Persists
Mumbai – Hyundai Motor India’s shares fell nearly 5% on their trading debut after its blockbuster $3.3 billion initial public offering (IPO), the largest in Indian history by capital raised. The stock opened at 1,874 rupees on the Bombay Stock Exchange (BSE), below its issue price of 1,960 rupees, despite the IPO being oversubscribed by […]