The markets have been buoyant for the last couple of years. Also, the price multiples are quite high in India for automobile stocks compared to other large markets. There are many such reasons why this is the opportune time for Hyundai to list in India.
Hyundai India, much like group firm Kia, seems to be one to let the buyer decide. The company has left both its and its buyers options open, offering everything from CNGs in its entry-level cars to diesels in its SUVs to high-end EVs like the Ioniq 5. - Overdrive