Hyundai Motor India is set to launch a Rs 25,000 crore IPO, the largest in India’s history. Nomura suggests Hyundai deserves a higher valuation than Maruti Suzuki due to its stable market share and strong sales performance. The IPO will involve an offer-for-sale of up to 142.2 million shares by Hyundai Motor Co.
Posts in category Economic Times
Colgate-Palmolive shares 0.0% as Nifty gains (26-09-2024)
A total of 798 shares changed hands on the counter till 11:26AM (IST).
Stock market update: FMCG stocks down as market rises (26-09-2024)
The 30-share BSE Sensex was up 215.54 points at 85385.41
Trent remains a great story despite the high valuation, wait for dips in CAMS: Hemang Jani (26-09-2024)
Hemang Jani, a market expert, highlights key stocks like Trent and CAMS in the current bull market. He discusses PB Fintech’s healthcare foray plans and provides insights into the auto sector, particularly the two-wheelers and OEMs. He says he is not too excited about the passenger vehicle story at this point, Jani advises caution with high-valuation stocks but sees potential in certain sectors.
Tube Investments stock price down 0.82 per cent as Sensex climbs (26-09-2024)
As of 30-Jun-2024, promoters held 44.78 per cent stake in the company, while FIIs held 27.41 per cent and domestic institutional investors had 10.36 per cent.
Share market update: Most active stocks on D-Street today in terms of volume (26-09-2024)
The NSE Nifty index was trading 59.9 points up at 26064.05
Share price of United Spirits falls as Sensex gains 245.69 points (26-09-2024)
A total of 1,952 shares changed hands on the counter till 11:16AM (IST)
Stock market update: Stocks that hit 52-week highs on NSE (26-09-2024)
Mukta Arts, Newgen Software, Sonam Clock, Sree Rayalaseema and Refex Industries, hit their fresh 52-week highs at 11:15AM.
HDFC Bank picks Rs 1 crore worth of stake in SME IPO with 64% GMP (26-09-2024)
HDFC Bank has acquired a stake worth Rs 1 crore in the SME IPO of Sahasra Electronics Solutions, representing 35,600 equity shares in the company ahead of its public offering. Sahasra Electronics Solutions, which specializes in electronics solutions for system design and manufacturing, raised approximately Rs 53 crore in the anchor round prior to the IPO launch.
SRF shares up 0.05% as Nifty gains (26-09-2024)
The stock quoted a 52-week high price of Rs 2697.45 and low of Rs 2081.25.