Hyundai becomes India’s 5th most valuable automaker by market cap

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Hyundai has go India?s 5th astir invaluable automaker successful presumption of marketplace valuation. Following its listing connected the Bombay Stock Exchange (BSE), Hyundai Motor India?s marketplace capitalization (MCAP) stands astatine Rs 1,47,914.98 crore.

Maruti Suzuki is the astir invaluable automaker successful India, with a marketplace headdress of Rs 3,74,796.16 crore. Mahindra & Mahindra has the second-highest MCAP of Rs 3,58,583.97 crore, followed by Tata Motors astatine Rs 3,23,669.61 crore and Bajaj Auto successful 4th spot with an MCAP of Rs 2,89,274.58 crore.

Hyundai Motor India Ltd listed astatine Rs 1,931, down 1.47% against the contented terms of Rs 1,960 connected the BSE. One of the astir anticipated IPOs of the twelvemonth had a lukewarm effect and the banal was down 7.12% astatine the extremity of the opening day. On the NSE, the banal ended astatine Rs 1,819.60, down by 7.16%.

The Hyundai IPO was the biggest since LIC?s archetypal stock merchantability of Rs 21,000 crore. It was besides the archetypal IPO by a carmaker successful implicit 2 decades, the past being Maruti Suzuki?s listing successful 2003.

Source: ET Auto

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Last edited by TusharK : 25th October 2024 astatine 10:50.

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Last edited by Senotrius : 25th October 2024 astatine 10:48.

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Found immoderate absorbing Hyundai India numbers from screener.in:
https://www.screener.in/company/HYUNDAI/consolidated/

- FY24 sales/profits person been updated finally. They clocked Rs. 6,000 cr profits
- This means Hyundai's valuations are comparable to that of Maruti (both trading astatine 24 times earnings)
- Hyundai's 14% marketshare generated Rs. 70,000 cr revenues arsenic against Maruti's 40% marketshare generating Rs. 140,000 cr revenues. This implies mean gross per car sold of Hyundai is approx 40% higher than that of Maruti
- Operating nett margins of Hyundai and Maruti is akin (13%)
- Hyundai Korea cleaned retired approx Rs. 9,000 cr, successful the signifier of dividends earlier IPO. It shows dividend payout ratio successful FY24 arsenic 140%
- But unbend folks! Hyundai has kindly near down Rs. 9,000 cr currency successful the piggy bank. It was Rs. 17,000 cr the erstwhile year.
- Like Maruti, determination are nary loans (debt)
- Hyundai car inventory (worth Rs. 3,000 cr) is comparable to that of Maruti (Rs. 5,000 cr)

Some 35% to 40% of Bajaj Auto's revenues travel from exports. They besides ain 50% of KTM

Last edited by SmartCat : 25th October 2024 astatine 12:02.

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