4 weeks ago
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1st October 2024, 17:03
| #1 |
| BHPian Join Date: Jul 2021 Location: Chennai Posts: 246 Thanked: 1,861 Times | Window dressing earlier Hyundai IPO? Generally the monthly income information of Hyundai and Tata volition beryllium disposable to the nationalist earlier noon connected the 1st moving time of the pursuing month. Mahindra's income information volition beryllium disposable astir 1 PM.
Surprisingly, Mahindra's income information (for September 2024) was disposable contiguous by 11 AM. I deliberation Mahindra had timed the trader dispatches perfectly to dethrone Hyundai (and Tata) and look arsenic the 2nd largest Auto shaper successful India, conscionable successful clip to spoil Hyundai's party. Hyundai has conscionable released (4:45 PM) its September 2024 income data: Domestic income 51,101 vehicles! 39 much than Mahindra! Hyundai was readying its IPO this period and it would person had to participate banal markets arsenic India's 3rd largest car shaper (at slightest for this month) and not arsenic the second.
I conjecture they were engaged the full time cooking up numbers truthful arsenic not to suffer their 2nd spot successful the IPO month! |
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1st October 2024, 17:23
| #2 |
| Senior - BHPian
Join Date: Mar 2008 Location: Dubai Posts: 4,172 Thanked: 7,346 Times | Re: Window dressing earlier Hyundai IPO? Quote:
Originally Posted by Geta I conjecture they were engaged the full time cooking up numbers truthful arsenic not to suffer their 2nd spot successful the IPO month! However unsurprising it volition beryllium if true, the bulk of the IPO assemblage knows Hyundai centrifugal is mode bigger than Mahindra motors (at slightest cars division) wide and anyways oversubscribe it. 39 cars oregon 3900 cars implicit Mahindra is not going to alteration that story.
If a 2-doors motorbike showroom successful Delhi tin rise 4800Cr for a 12Cr IPO - God Bless the Auditors/underwriters of Hyundai IPO! |
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1st October 2024, 17:31
| #3 |
| BHPian Join Date: Jul 2021 Location: Chennai Posts: 246 Thanked: 1,861 Times | Re: Window dressing earlier Hyundai IPO? Quote:
Originally Posted by svsantosh However unsurprising it volition beryllium if true, the bulk of the IPO assemblage knows Hyundai centrifugal is mode bigger than Mahindra motors (at slightest cars division) wide and anyways oversubscribe it. 39 cars oregon 3900 cars implicit Mahindra is not going to alteration that story. Of people what you accidental is true. What is arsenic existent is that marketplace reacts to moods, trends and sentiments too. So Hyundai moving a small overtime to support the trends and sentiments successful its favour is rather understandable. My volition was conscionable to constituent retired that, who would person imagined specified a happening happening! |
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