Subscribe for Hyundai Motor India IPO; Asit C Mehta

IPO

Asit C Mehta, Hyundai Motor India Ltd

Hyundai Motor India (HMI), the Indian subsidiary of the Hyundai Motor Company (HMC), is the second largest PV OEM in India since FY09. In FY24, HMI had a domestic PV market share of 14.6%. It is also the second largest exporter of PVs, with a volume share of 24.3% in the total PV exports from India in FY24. It offers 13 PV models currently, spanning across price points and powertrains.

Valuation and Outlook

We recommend to ‘Subscribe’ as we are positive on the long term growth and performance prospects of Hyundai Motor India.

For all IPO report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

asit_Hyundai Motor India_151024