Hyundai Motor India shares fell 7.2% on their market debut on Tuesday after retail investors gave a lukewarm reception to the country’s biggest ever initial public offering (IPO) amid concerns about a lofty valuation and an auto industry slowdown. The stock listed at 1,934 rupees on the National Stock Exchange, below its offer price of… Continue reading Hyundai Motor India shares plunge 7% on debut after country’s biggest IPOHyundai was targeting a valuation of $19 billion via the offering.
Tag: JLR
Hyundai Motor India eyes 15% market share in EV segment backed by new launches
Post listing, Hyundai Motor India (HMI) is looking to penetrate the EV segment, as it eyes a 15% market share in the near future, backed by a series of upcoming launches and a robust localisation strategy. India’s second largest car maker Hyundai Motor India debuted on the stock exchanges on Tuesday. This IPO has become the… Continue reading Hyundai Motor India eyes 15% market share in EV segment backed by new launches
Tata Motors begins delivery of 150 LNG trucks to Clean Green Fuel and Logistics Pvt. Ltd
Tata Motors has started delivering its Tata Prima 5530.S LNG trucks to Clean Green Fuel and Logistics Pvt. Ltd, a company focused on green fuel retailing and logistics. This delivery follows an order for 150 trucks, with the first batch handed over in Ahmedabad on October 22, 2024. The remaining trucks will be delivered in… Continue reading Tata Motors begins delivery of 150 LNG trucks to Clean Green Fuel and Logistics Pvt. Ltd
@Tata-JLR: JAGUAR TCS RACING UNVEIL PROTOTYPE JAGUAR I-TYPE 7 AHEAD OF 2024/25 ABB FIA FORMULA E PRE-SEASON TESTING
ABOUT JAGUAR TCS RACING Jaguar returned to racing in October 2016, becoming the first luxury manufacturer to join the all‑electric ABB FIA Formula E Championship. In 2024, Jaguar TCS Racing won the ABB FIA Formula E Teams’ World Championship, Jaguar’s first World Championship win since 1991. Jaguar also won the newly created Manufacturer’s Trophy… Continue reading @Tata-JLR: JAGUAR TCS RACING UNVEIL PROTOTYPE JAGUAR I-TYPE 7 AHEAD OF 2024/25 ABB FIA FORMULA E PRE-SEASON TESTING
Hyundai India drops on listing day after record $3.3b IPOIts IPO was oversubscribed more than two-fold, led by institutional investors.
Hyundai Motor India’s shares dropped 5% in their market debut on Tuesday, after a tepid response from retail investors to the country’s largest-ever initial public offering over its pricing. The stock listed at 1,934 rupees on the National Stock Exchange, compared to its offer price of 1,960 rupees, and was last trading at 1,860 rupees at… Continue reading Hyundai India drops on listing day after record $3.3b IPOIts IPO was oversubscribed more than two-fold, led by institutional investors.
India showcases green hydrogen bus to Bhutan’s Prime Minister
Hardeep Singh Puri, Minister of Petroleum & Natural Gas showcased a hydrogen-fuelled bus to Bhutan’s Prime Minister, Tshering Tobgay, and his delegation today as part of a demonstration of India’s growing advancements in green hydrogen mobility. The bus, developed by IndianOil, highlights India’s efforts to promote sustainable transportation solutions, according to the Press Information Bureau.… Continue reading India showcases green hydrogen bus to Bhutan’s Prime Minister
Tata Motors wins order to supply 1000 bus chassis to Uttar Pradesh State Road Transport Corporation
Tata Motors has received an order from the Uttar Pradesh State Road Transport Corporation (UPSRTC) to supply 1,000 units of the Tata LPO 1618 diesel bus chassis. The order was won by Tata Motors following a competitive e-bidding process conducted via the Government tendering process, and the bus chassis will be supplied in a phased… Continue reading Tata Motors wins order to supply 1000 bus chassis to Uttar Pradesh State Road Transport Corporation
Tata Motors wins order to supply 1000 bus chassis to Uttar Pradesh State Road Transport Corporation
Tata Motors has received an order from the Uttar Pradesh State Road Transport Corporation (UPSRTC) to supply 1,000 units of the Tata LPO 1618 diesel bus chassis. The order was won by Tata Motors following a competitive e-bidding process conducted via the Government tendering process, and the bus chassis will be supplied in a phased… Continue reading Tata Motors wins order to supply 1000 bus chassis to Uttar Pradesh State Road Transport Corporation
Tata Punch sells 458,000 units since launch, is best-selling PV in January-September 2024
The Tata Punch, launched on October 18, 2021, turned three years old a few days ago. The popular compact SUV, which is currently sold with petrol, CNG and electric powertrains, has since launch sold an estimated 458,199 units in the domestic market. Having identified a ‘white space’ in the Indian PV market, Tata Motors launched… Continue reading Tata Punch sells 458,000 units since launch, is best-selling PV in January-September 2024
Toyota Land Cruiser Prado explored for India, may be launched in 2025
The recently unveiled Toyota Land Cruiser Prado is set to arrive in India in the second half of next year, Autocar India can confirm. This latest-generation SUV made its global debut last year and is being introduced slowly in international markets. Toyota Land Cruiser Prado will sit below the LC300 in India The new Land… Continue reading Toyota Land Cruiser Prado explored for India, may be launched in 2025