Hyundai Motor India makes muted debut on the BSE
Hyundai Motor India has debuted at Rs 1931.00 on the BSE, down by 29 points or 1.48% from its issue price of Rs 1960.00.
The scrip is currently trading at Rs 1869.65, down by 90.35 points or 4.61% from its issue price.
It has touched a high and low of Rs 1968.80 and Rs 1846.00 respectively. So far 9.93 lakh shares were traded on the counter.
The offering, which was open for subscription between October 15, 2024 and October 17, 2024 was subscribed 2.37 times. The issue price was fixed at Rs 1960.00 per share i.e. at upper end of price band of Rs 1865-1960 apiece.
Hyundai Motor India primarily manufactures and sells four-wheeler passenger vehicles and parts, such as transmissions and engines in India and outside India.