Hyundai Motor India IPO: Could boost Maruti Suzuki India shares
Hyundai Motor India IPO: Emkay Global suggests that Maruti Suzuki might trade at comparable valuations to Hyundai. This is due to Suzuki’s heavy reliance on India and its alliance with Toyota, balanced by Hyundai’s strong global presence and premium brand positioning. With Hyundai’s Indian subsidiary, Hyundai Motor India, making strides as the second-largest passenger vehicle…