LG Electronics
1,518.80
-23.30(-1.51%)
Market Cap₹1,03,091.95 Cr
PE Ratio47.48
Company Performance:
1D-1.51%
1M+8.23%
6M-10.12%
1Y-10.12%
5Y-10.12%
View Company Insightsright
More news about LG Electronics
21Jan 26
LG Electronics India Shares Trade 21% Below Listing Price as Morgan Stanley Cuts Target
LG Electronics India shares are trading 21% below listing-day highs on BSE and NSE. Morgan Stanley maintained its 'overweight' rating but cut the target price 13% to ₹1,623.00 from ₹1,864.00, citing moderation in growth expectations and margin pressures across key segments.
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20Jan 26
JM Financial Initiates Coverage on LG Electronics India with ₹1,630 Target Price
JM Financial initiated coverage on LG Electronics India with 'Buy' rating and ₹1,630 price target, citing market leadership with 25% share across categories and 12.8% industry-leading margins in FY25. The company plans ₹5,000 crore investment in third manufacturing facility in Andhra Pradesh, operational by FY27E. Despite 18 of 20 analysts recommending 'Buy', shares traded lower at ₹1,352.50, down 23% from post-listing highs.
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20Jan 26
LG Electronics India Clarifies No Customs Duty Demand of ₹119.15 Crores Raised Against Company
LG Electronics India Limited clarified on January 20, 2026, that no differential duty demand of ₹119.15 crores has been raised against the company by customs authorities. The clarification followed detailed examination of an Order-in-Original from the Commissioner of Customs at Jawaharlal Nehru Custom House, correcting information from an earlier disclosure dated January 17, 2026. The company issued this clarification to ensure accurate information is available to stakeholders and stock exchanges.
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16Jan 26
LG Electronics India Board Approves Key Leadership Changes in January Meeting
LG Electronics India Limited announced key leadership changes following its January 16, 2026 board meeting, reappointing Dongmyung Seo as Whole-Time Director for four years effective January 27, 2026, and appointing Jongha Hwang as Chief Strategy Officer effective January 16, 2026. The appointments were made in full regulatory compliance with formal documentation submitted to stock exchanges.
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08Jan 26
LG Electronics India's Three-Month IPO Anchor Lock-in Ends, 1.5 Crore Additional Shares Eligible for Trading
LG Electronics India's three-month IPO anchor lock-in period ends today, releasing 1.5 crore shares for trading. The stock trades at ₹1,454.60, showing 28% gains from issue price but 15% below listing price. Q2 results showed mixed performance with 27% decline in net profit to ₹389 crore despite 1% revenue growth to ₹6,174 crore. Analysts maintain positive outlook citing strong brand positioning and distribution network.
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08Jan 26
LG Electronics Shares Hit Lowest Level Since Listing as Lock-in Period Expires
LG Electronics India shares reached their lowest point since listing, trading at ₹1,432 with a 1.68% decline as the three-month shareholder lock-in period expired, freeing up 15.2 million shares representing 2% of outstanding equity. Despite the negative market reaction, 16 out of 18 analysts maintain buy ratings, though the stock has corrected 17% from its peak of ₹1,749 while still maintaining a 28% gain from its ₹1,140 issue price.
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05Jan 26
LG Electronics India Signs APA with CBDT, Reports Q2 Profit Decline of 27.3%
LG Electronics India Limited signed an Advance Pricing Agreement with CBDT covering 2014-2023, eliminating ₹172.00 crore direct tax and ₹315.00 crore royalty payment contingent liabilities while requiring ₹17.71 crore net tax payment. The company reported mixed Q2 results with 27.3% profit decline to ₹389.00 crore despite 1% revenue growth, reflecting challenging market conditions in consumer durables sector.
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27Dec 25
CRISIL Reaffirms LG Electronics India's AAA Credit Rating on Strong Financial Performance
CRISIL Ratings Limited has reaffirmed LG Electronics India's 'AAA/Stable/A1+' rating on bank facilities worth ₹618.27 crore. The company showed strong financial performance with 14% revenue growth to ₹24,371.00 crore and 46% increase in profit after tax to ₹2,203.00 crore. LG maintains zero debt, ₹4,284.00 crore in cash reserves, and plans a ₹5,000.00 crore expansion over 4-5 years. The company leads in washing machines and refrigerators, with strong positions in TVs and ACs.
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24Dec 25
LG Electronics India Receives First 'Reduce' Rating from Avendus Spark Amid Market Share Concerns
Avendus Spark initiated coverage on LG Electronics India with a 'reduce' rating and a price target of ₹1,536.00, the lowest on the street. The bearish stance is based on anticipated market share erosion and increased competition in premium product categories. Despite this, the company maintains strong in-house manufacturing capabilities and is expanding with a third facility in South India. The stock closed 0.9% lower at ₹1,546.60, down 12.00% from its post-listing high. Out of 18 analysts covering the stock, 16 still maintain buy recommendations.
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24Dec 25
AvendusSpark Initiates Coverage on LG Electronics India with Reduce Rating, Target Price ₹1,536
AvendusSpark Securities has initiated research coverage on LG Electronics India Limited, assigning a 'Reduce' rating with a target price of ₹1,536.00 per share. The rating suggests the brokerage's cautious stance on the large-cap consumer durables stock's near-term performance relative to market expectations.
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23Dec 25
LG Electronics India Partners with K-pop Star JOSHUA for Essential Series Campaign
LG Electronics India has announced a partnership with JOSHUA from the K-pop group SEVENTEEN to promote its Essential Series appliances. This collaboration aims to leverage K-pop's growing influence in India, targeting Gen Z and millennial consumers. The campaign focuses on how LG's appliances simplify daily life, with JOSHUA's calm confidence aligning with the brand's vision. SEVENTEEN's global success, including high Billboard rankings and world tours, adds weight to this partnership. JOSHUA's solo achievements and collaborations further enhance his appeal as a brand ambassador.
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20Nov 25
Morgan Stanley Initiates 'Overweight' Rating on LG Electronics, Sets Rs 1920 Price Target
Morgan Stanley has initiated coverage on LG Electronics with an 'Overweight' rating and a price target of Rs 1920. This rating suggests that the investment bank expects LG Electronics' stock to outperform the average total return of stocks in their coverage universe over the next 12-18 months.
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13Nov 25
LG Electronics India Reports 27% Profit Drop Despite Steady Revenue Growth
LG Electronics India's latest quarterly results show a 1% increase in revenue to ₹6,174.00 crore, but a significant decline in profitability. Net profit fell by 27.3% to ₹389.00 crore, while EBITDA decreased by 27.7% to ₹547.50 crore. The EBITDA margin contracted by 3.5 percentage points to 8.9%. Despite the profit decline, the company maintains strong market positions in key product categories and has outlined future growth initiatives, including manufacturing expansion and increased focus on exports and commercial solutions.
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08Nov 25
LG Electronics India Announces Q2 FY26 Earnings Call
LG Electronics India Limited (LGEIL) has announced a conference call on November 14, 2025, at 4:00 PM IST to discuss Q2 and H1 FY26 financial results for the period ending September 30, 2025. The company will provide an investor presentation prior to the call, available on stock exchanges and their website. Participants can join via dial-in numbers and engage in a Q&A session. LGEIL has notified stock exchanges of this interaction, ensuring compliance and transparency.
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LG Electronics
1,518.80
-23.30
(-1.51%)
1 Year Returns:-10.12%
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