The FinTech Hub
Source: Live Mint Was this surprising? I am not too sure. In some of the so-called expert WhatsApp groups, people claimed they expected the stock price to drop right from the start. Meanwhile, opinions from the research fraternity are mixed: Several well-known brokerages are recommending buying the stock, predicting a 20% rise, while others suggest…
Source: Live Mint The issue—a milestone for both the company’s parent Hyundai Motor Co. (HMC) and the Indian stock market as the country’s largest public offering so far—is a key part of Hyundai’s strategy to enhance the valuation of its global businesses as part of the South Korean government’s Corporate Value-Up Program. The programme seeks…
Source: Live Mint While the passenger vehicle market is currently facing headwinds, is Hyundai’s IPO a strategic gamble? With the beginning of the festivities, could the timing signal the beginning of a new growth chapter for the company, capitalizing on increased consumer sentiment and potential market rebound? As HMI prepares to gauge investor sentiment, a…
