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
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