LG Electronics India Jumps in Debut
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Shares of consumer electronics giant LG Electronics India Ltd are set to debut on the stock exchanges today, October 14. The Rs 11,607.01 crore initial public offering (IPO) attracted strong investor interest during the subscription period. The IPO allotment was finalised on Friday, October 10.
Shares of LG Electronics India listed made a bumper Dalal Street debut on Tuesday, listing at 50% premium over IPO price. The stock opened at Rs 1,715 and Rs 1,710.10 on BSE and NSE, respectively.
Following a strong debut, LG Electronics India is seeing bullish projections from top brokerages, with potential target prices indicating significant upside. Analysts cite market leadership, strategic positioning,
LG Electronics India Ltd’s Initial Public Offering (IPO) has seen an overwhelming investor interest, with subscriptions exceeding 54 times. After the bidding window closed on October 9, all eyes are now on the IPO allotment results,
LG Electronics India unveils the Essential Series, a new line of home appliances designed for Indian households. The series combines durability, thoughtful design, and performance, including refrigerators,
The South Korean consumer-electronics giant guided for quarterly operating profit to fall 8.4%—a smaller decline than market consensus.