30 Mar 2026 | 5 Mins Read
India's biggest IPO sees 10% decline after worst listing month
Flipitmoney
Hyundai Motor India's stock fell 2.5% on March 30, extending losses below its issue price of ₹1,960. The stock dropped 19% in March, the worst month since its October 2024 listing. Supply chain disruptions due to the US-Iran war, rising aluminum prices, and increased costs affected the stock. It trades below key moving averages and is considered "oversold".