Outflows caused by Hyundai Motor routing funds to its parent in South Korea after the IPO also put pressure on the rupee, dealers said. The automaker is listing its stock in the biggest-ever IPO in the country – and the biggest initial share sale in the world in 2024.
Sona BLW Precision shares rise 3% on new plant launch in Manesar, Haryana
Shares of Sona BLW Precision Forgings rose nearly 3% following the inauguration of its new driveline plant in Manesar, Haryana. This development aims to meet