While yearly revenue jumped by 16.4% to Rs 4,539.31 crore, the company experienced a decline on a quarterly basis. Profit fell by 34.3% and revenue dropped by nearly 22% compared to the previous quarter.
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,