A total of 10,677 shares changed hands on the counter till 11:21AM (IST)
Hyundai Motor India Limited – HMIL (01-10-2024)
If someone asks me what is the motivating force for Hyundai,
I would have a ready answer: a desire for better.
_Chung Ju-Yung, Founding Chairman
Hyundai Motor is a South Korean multinational automotive manufacturer and headquartered in Seoul South Korea, which was founded in 1967.
Currently, the company owns 33.88 percent of Kia Corporation and fully owns two marques including its luxury cars subsidiary, Genesis and their electric vehicle brand Ioniq.
In 1996, Hyundai Motor India Limited was established with a production plant in Irungattukottai near Chennai.
HMIL’s first car, the Hyundai Santro was launched on 23 September 1998 and was a runaway success. Within a few months of its inception, HMIL became India’s second-largest automobile manufacturer and the largest automobile exporter. Hyundai Motor India Limited (HMIL) is a wholly-owned subsidiary of Hyundai Motor Company (HMC), South Korea and is the largest passenger car exporter and the second largest car manufacturer in India.
As HMC’s global export hub for compact cars, HMIL is the first automotive company in India to achieve the export of 10 lakh cars in just over a decade. HMIL currently exports cars to more than 87 countries. It has been the number one exporter of passenger cars in the country for the eighth year in a row.
Hyundai Motor India is the second-largest auto OEM in the Indian passenger vehicle market since fiscal 2009.
HMIL has an extensive sales and service network across India, with 1,366 sales outlets and 1,550 service outlets as of 31 December 2023. This network is next only to market leader Maruti Suzuki and ensures wide reach and customer support across rural and urban areas.
2023 Sales Volume by Region
2023 Sales by Vehicle Type
Last 5 Months Sales – India
Financial Information
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Biggest IPO ever in Indian history
Hyundai Motor India has received approval from Sebi for its ₹25,000-crore IPO, set to be the largest in India’s history and could surpass previous records held by LIC and Paytm.
Offer For Sale : 14,21,94,700 shares (representing a 17.5% stake, by its South Korean parent, Hyundai Motor Co.) It aims to reach a valuation of $30 billion.
Tentative date
Open: 16th October 2024
Close: 18th October 2024
Allotment: 21st October 2024
Listing : 23rd October 2024
Retail Allocation : 35%
Au Small Fin Bank shares rise 0.55% as Sensex slides (01-10-2024)
A total of 11,852 shares changed hands on the counter till 11:16AM (IST)
Buy Escorts Kubota, target price Rs 4,974: Hem Securities (01-10-2024)
Hem Securities has buy call on Escorts Kubota with a target price of Rs 4,974. The current market price of Escorts Kubota is Rs 4,220.15.
Stock market update: Stocks that hit 52-week lows on NSE (01-10-2024)
Asian Paints, Bajaj Auto, Maruti Suzuki, HUL and Tata Steel were among the top losers on NSE.
Investec initiates ‘Buy’ rating on Aadhar Housing Finance, projects 28% upside (01-10-2024)
In the report, Investec noted that Aadhar is the largest and most diversified housing finance company in India. The company’s dual underwriting model enhances its operational efficiency and risk management capabilities, allowing it to cater to a broader customer base effectively.
Bank of Baroda shares gain 0.58% as Sensex falls (01-10-2024)
On the technical charts, the RSI of the stock stood at 58.05.
Stock market update: Nifty IT index advances 0.44% in a weak market (01-10-2024)
The Nifty IT index was trading 0.44 per cent up at 42132.2.
Smallcap momentum portfolio (01-10-2024)
Hi @visuarchie,
am trying to modify the spreadsheet ( your template )after NSE rejig. For the new stocks, example AADHARHFC getting an error : #N/A, when evaluating GGOGLEFINANCE the query for the symbol AADHARHFC returned no data.
Used the same formula from previous week, except AADHARHFC was typed in a cell which became empty after rejig. What am i missing ? Please help. Thanks
Buy Man Infraconstruction, target price Rs 240: Axis Securities (01-10-2024)
Axis Securities has buy call on Man Infraconstruction with a target price of Rs 240. The current market price of Man Infraconstruction is Rs 190.3.