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Hyundai Motor India IPO: Diwali celebration in South Korea! Should Indian stock investors cheer?

By Business Today - 4 weeks ago
Despite contributing only 6.5 per cent of Hyundai's global revenues and 8 per cent of its profitability, Hyundai’s India unit will be valued at 42 per cent of the South Korean parent's market capitalisation on listing, Aequitas Investments said.

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