Hyundai India IPO could trigger a sector-wide positive re-rating for auto stocks

Hyundai Motor India’s upcoming IPO, valued at ₹27,870 crore, is set to be the largest public offering in the sector and is expected to attract substantial global interest and foreign capital. Analysts believe this could lead to a sector-wide re-rating for the auto industry. Hyundai Motor India’s upcoming IPO, valued at ₹27,870 crore, is set to be the largest public offering in the sector and is expected to attract substantial global interest and foreign capital. Analysts believe this could lead to a sector-wide re-rating for the auto industry.  Economic Times

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