In today’s briefing:
- Muthoot Microfin Lockup Expiry – Pre-IPO Investors Well in the Money Despite the Stock’s Performance
- Hyundai Motor India: Can It Thrive Amidst a Rapidly Evolving Mobility Landscape?
Muthoot Microfin Lockup Expiry – Pre-IPO Investors Well in the Money Despite the Stock’s Performance
- Muthoot Microfin (MUTHOOTM IN) raised around US$115m in its Indian IPO, after pricing the deal at the top end of its IPO range at INR291/share.
- Muthoot Microfin is a microfinance institution providing micro-loans to women customers with a focus on the rural regions of India.
- In this note, we will talk about the lock-up dynamics and updates since our last note.
Hyundai Motor India: Can It Thrive Amidst a Rapidly Evolving Mobility Landscape?
- India’s passenger vehicle industry is shifting towards alternative fuels and facing intense competition, amidst changing customer preferences.
- Despite a growing vehicle market, Hyundai Motor India (HMIL) faces a tough battle to defend its market share given changing industry dynamics.
- With more competitors in the fray, including its parent group company Kia and EV leader BYD, Hyundai Motor India is in for a challenging ride.