{
Tarun Garg

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}

Hyundai Motor to Increase Car Prices Starting January 2025

Hyundai Motor has announced a price increase across its model range, effective January 1, 2025, due to rising input and logistics costs. The adjustment will affect all MY25 models, with increases of up to Rs 25,000. Shares of Hyundai Motor India traded flat, showing a slight gain of 0.42%, but remain over 4% below their IPO price.
Moneycontrol
Indian Rupee Hyundai Motor Co Tarun Garg
Finance & Economy, Market Report
06:49 05.12.2024

Hyundai Motor India faces weak stock debut despite strong investor interest

Hyundai Motor India experienced a weak stock debut on October 22, listing at a 1.32% discount at Rs 1,934, below its IPO price of Rs 1,960. Despite strong interest from sovereign funds and mutual funds, Tarun Garg, COO, noted that the stock price will ultimately be determined by investors. Emkay Global Financial Services initiated coverage with a 'reduce' rating, citing concerns over limited launches and lower earnings growth prospects.
Moneycontrol
Hyundai Motor Company KOR Tarun Garg
Finance & Economy, Market Report
11:58 22.10.2024
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