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. The stock listed at 1,934 rupees ($23) on India’s National Stock Exchange ...

Hyundai Motor India shares fell nearly 5% on their trading debut Tuesday after a record $3.3 billion initial public offering.

(Reuters) -Indian shares opened little changed on Tuesday, with lacklustre earnings and sustained foreign selling weighing on markets, while caution over the escalating Middle East conflict dragged global equities lower overnight.

Despite Hyundai's strong market presence and robust financial performance, several factors may have contributed to the weak debut.

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,

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 India's shares fall 1.3 per cent in debut trade after record 3.3 billion dollar IPO: Reuters

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

By Nandan Mandayam (Reuters) -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.

Hyundai Motor India shares made a tepid start on stock exchanges after raising Rs 27,870 crore from the Initial Public Offering ( IPO ) which was the country’s biggest IPO on record. The massive fund raising,