“Signs of inventory reduction policies becoming less widespread also helped boost production and sustain high levels of business confidence in the outlook for the year ahead among manufacturers,” Chris Williamson, chief business economist at S&P Global Market Intelligence, said in a statement.
Hyundai GMP indicates 3% loss for IPO investors on listing day
Hyundai Motor India’s shares currently trading at a discount to the issue price of Rs 1,960. The grey market premium (GMP) stands at Rs 1,903,