Shares of Hyundai Motor India dropped as much as 6% in their market debut on Tuesday, after a tepid response from retail investors to the pricing of the country's largest initial public offering. The stock listed at 1,

Hyundai is India's No. 2 carmaker with a 15% market share. Its record $3.3 billion IPO was oversubscribed more than two-fold last week, led largely by institutional investors, but pricing concerns deterred retail participation.

Hyundai Motor India shares fell over 4% on their trading debut Tuesday after a record $3.3 billion initial public offering.

Shares of Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, on Tuesday made a muted market debut and further fell by nearly 6 per cent against the issue price of Rs 1,960. The stock listed at Rs 1,

Amid this decline in the stock post listing, should investors add Hyundai Motor India to their portfolio for the long term or should they wait for the right opportunity?

Hyundai Motor India's shares dropped 5 per cent in their market debut on Tuesday (Oct 22), after a tepid response from retail investors to the country's largest ever initial public offering over its pricing.

Hyundai Motor India has established a strong franchise in India; however the lack of major launches, including key growth driver historically in passenger vehicle segment, over the next 12 to 18 months,

This is the first IPO for a unit of the South Korean automaker outside South Korea. Unlike a traditional IPO, in which a firm sells fresh shares, Hyundai Motor India's listing is

Hyundai Motor India's shares fell 2% in their market debut on Tuesday, after a tepid response from retail investors to the country's largest ever initial public offering.

Hyundai Motor had a lacklustre Indian market debut on Tuesday after raising $3.3 billion in the country's biggest-ever initial public offering, with shares down nearly five percent from their issue price in early trade.