Monday, June 10, 2024

Hyundai Motor gearing up to drive into Indian capital market

Hyundai has hired several investment banks to manage the IPO and is targeting a valuation of $22-28 billion. The IPO could lead to a rerating of the Indian automobile sector and benefit Hyundai's closest rival, Maruti Suzuki.

from Auto-Industry-Economic Times https://ift.tt/YNS9saQ
at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Proposed GST hike may not shake up used car market much

The proposed GST increase on used small cars will have minimal impact on demand, say analysts. The rise in GST will slightly affect car deal...