Hyundai Motor India faced a rough debut in the public markets as its first quarterly earnings report post-IPO delivered dismal results, sending shares down nearly 3%. The automaker reported a 16% year-over-year drop in net profit for the second quarter of the fiscal year 2025, hitting ₹1,338 crore, along with a revenue decline of 8.3%, […]
Hyundai Motor India is gearing up to launch one of the most anticipated IPOs in recent memory, marking the first public issue by an automaker in India since Maruti Suzuki’s landmark listing in 2003. The Hyundai India IPO is set to open on October 15 and is expected to fetch up to ₹27,870 crore ($3 […]
Hyundai Motor India Limited (HMIL) has sealed the deal with an Asset Purchase Agreement (APA) to acquire key assets at General Motors India’s (GMI) Talegaon Plant. This momentous agreement encompasses the assignment of land, buildings, and other crucial assets at the plant. As an enhancement to Hyundai’s steadfast dedication to the Indian automotive arena, this […]