HYUNDAI invests ₹21 crore in FPEL TN Wind Farm
Hyundai Motor IHyundai Motor India Ltd invested ₹21.46 crore in FPEL TN Wind Farm Private Ltd as a second tranche, acquiring 25.58 lakh equity shares. This takes Hyundai Motor India's stake in the entity to 26.49%. Meanwhile, the company reported a 14% increase in third-quarter net profit to ₹1,572 crore and an EBITDA margin of 13.9%.
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