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2024-10-16 07:10:28| The Economic Times

Hyundai India's Rs 27,870 crore IPO was subscribed 20% by the second day. Retail investors led with 29% subscription. The offer is an OFS with all proceeds going to Hyundai Motor Global. Analysts recommend subscribing for long-term gains citing Hyundai's strong brand and growth prospects.


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2024-10-16 06:52:16| The Economic Times

Dipan Mehta of Elixir Equities recommends long-term investment in Hyundai's IPO due to its strong product profile and EV strategy, though a tepid listing is expected. Reliance is considered weak in the current environment, while export-oriented stocks are not attractive due to mild rupee depreciation. Avenue Supermarts faces challenges from quick commerce innovations.


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2024-10-16 06:26:13| BBC News | Business | World Edition

The firm aims to secure the new funding as a walkout by more than 30,000 workers enters its second month.


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