LG Electronics India trades 35% above IPO; brokerages back capex-led upside despite Q4 margin dip

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.

LG Electronics India trades at Rs 1,542.40, 35.3% over its Rs 1,140 IPO; brokerages back capex-led upside despite Q4 EBITDA dip to Rs 950 cr.

Business Today · Latest · 5/25/2026, 8:20:32 AM · Ask about this →

LG Electronics India + Elara Capital + JM Financial + Motilal Oswal + Nomura + Nuvama +