New Delhi, May 22 -- Hyundai Motor India share price in focus: Hyundai Motor India's share price declined by 3% on Thursday, May 20, settling at Rs.1,854 per share amid a broad-based sell-off in the Indian equity market. Despite the dip, the stock has been on a steady upward trajectory in recent weeks, rebounding sharply from its April 7 low of Rs.1,541.

Since then, it has rallied nearly 20%, bringing it within close range of its IPO price of Rs.1,960-just 5.4% below its latest trading value. Notably, the stock has yet to breach its IPO price since its market debut, despite multiple attempts that were met with resistance and pullbacks.

The highest level the stock has touched since listing was Rs.1,929 per share, recorded in early Februa...