Hyundai Motor India made its stock market debut today, October 22, with shares listed at ₹1,931 on the Bombay Stock Exchange (BSE) and ₹1,934 on the National Stock Exchange (NSE). Both prices reflect discounts of 1.32% and 1.48%, respectively, from the IPO price of ₹1,960. The initial public offering (IPO), conducted from October 15 to 17, garnered only moderate investor interest, leading to a muted market entry. This lack of enthusiasm has contributed to a decline in overall market sentiment, with stock prices plunging despite Hyundai’s strong brand presence and promising outlook. The weaker-than-expected listing highlights ongoing caution among investors in the current economic environment.
