LG Electronics India shares hit Rs 1,542.40, up 35.3% from the Rs 1,140 IPO price. Q4 FY26 revenue rose 8% YoY to Rs 8,050 cr, but EBITDA fell 10% to Rs 950 cr (margin 11.7%). Nomura, MOFSL, JM, Nuvama and Elara stay constructive with TPs of Rs 1,730–1,820, citing Sri City expansion, in-house compressors by Q3 FY27 and Rs 5,000 cr capex.

Business Today · Latest · 5/25/2026, 8:20:32 AM

CEA Nageswaran flags rupee defence as FY27 priority after 6% YTD slide and $23bn FPI outflows. Modi's swadeshi pitch—delay gold buys, skip overseas trips, prefer local goods—directly hits jewellery chains, outbound travel agents, and import-heavy premium retail, while tilting wallet share to domestic brands.

Indian Express · Business · 5/15/2026, 1:50:32 AM

CEA Nageswaran flags halting rupee fall as FY27 priority after 5% slide, $23bn FPI exodus and CAD breaching 2% of GDP. Modi's swadeshi nudge — avoid non-essential overseas travel, gold buys, favour local goods — could redirect discretionary wallets toward domestic retail and Make-in-India brands.

Indian Express · Business · 5/15/2026, 1:48:41 AM