CLSA picks LG Electronics India as top consumer durables bet with Rs 1,830 target
CLSA initiated coverage on LG Electronics India with an Outperform rating and Rs 1,830 target, citing premiumisation, rising appliance penetration, strong distribution and local manufacturing. The brokerage forecasts 13% revenue and 24% PAT CAGR through FY26-FY29, joining 31 buy calls on the stock.
CLSA initiated coverage on LG Electronics India with Outperform rating and Rs 1,830 target, citing premiumisation, rising appliance penetration, strong distribution and local manufacturing. Forecasts 13% revenue and 24% PAT CAGR through FY26-FY29.