In today’s briefing:
- Hyundai Motor India: Anchor Investor Lock-In Period Ends Today
Hyundai Motor India: Anchor Investor Lock-In Period Ends Today
- Lock up expiry today of 21.2 million shares held by Hyundai Motor India (HYUNDAI IN)‘s anchor investors. This could improve free float to 17.5% with rest held by the parent.
- Hyundai India Management is positive about its CY2025 outlook and expects to grow by similar numbers or more in 2025 as it did in 2024.
- Creta Electric’s launch is scheduled on Jan 17th; Hyundai hopes to replicate the growth and excitement seen with its original Creta model.
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