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LG India leaps 48% on debut, eclipses korean parent's mcap
Business Standard
|October 15, 2025
Thestrong debut, according to analysts, reflected pentup demand from investors who missed out on the IPO, attractive relative valuations, and expectations of sustained consumption growth.
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Nearly half a dozen brokerages initiated coverage on the stock, setting target prices between %1,700 and 21,820.
India’s home appliances and consumer electronics market is projected to expand at an annual pace of 11 percent between 2024 and 2029 to reach %11 trillion. LG holds one of the largest market shares across major categories, including televisions, washing machines, refrigerators, air conditioners and ovens.
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