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Livesquawk • 4 weeks ago

JPMorgan maintains Buy on LG Electronics India with a ₹1,620 target, citing mid-teens FY27 revenue growth. Growth drivers include strong AC, premium appliances demand, exports, localization, and Andhra Pradesh plant ramp-up.

ScoutQuest • 4 weeks ago

LG Electronics India faces INR 242.3 Cr penalty from IT Dept for FY 2013-14. The firm plans to appeal the order, citing a strong case on UP Govt incentives.

ScoutQuest • 4 weeks ago

FTSE and Sensex rebalancing adds LG Electronics India, Lenskart, Groww. Other additions include Tata Capital, ICICI Pru AMC, Meesho, Tenneco Clean Air India.

Livesquawk • 1 month ago

FTSE Index to rejig holdings at 3 PM, adding $66M (Rs 6.23B). LG Electronics included in FTSE portfolio during this index update.

ScoutQuest • 1 month ago

UBS is bullish on internet companies and CLSA maintains a view on LG Electronics. Jefferies expresses optimism regarding PB Fintech.

Livesquawk • 1 month ago

CLSA initiates Outperform on LG Electronics India with a ₹1,830 target, citing double-digit appliance growth. Key drivers include rising penetration, premiumisation, brand leadership, wide distribution, and margin expansion via integration.

Livesquawk • 1 month ago

Citi initiates Buy on LG Electronics India with ₹1,800 target price. Cites strong market share, localization, structural growth, and ₹50bn plant expansion.

ScoutQuest • 2 months ago

LG Electronics India Q4 FY26 revenue rose 8.1% YoY to ₹8,054 cr. Full-year FY26 revenue grew 1% to ₹24,605 cr; net profit at ₹1,685 cr.

The Economic Times • 2 months ago

India Inc boosts exports, extends hedging, deepens localisation to counter weak Rupee. Firms plan to export Indian market-exclusive products to nearly two dozen countries.

ScoutQuest • 2 months ago

LG Electronics India received addenda to eligibility certificate, increasing total incentives to INR 881.9 Cr. Incentives cover SGST refunds, duty exemptions, power subsidy, valid till Apr 2040 for investments from Nov 2017-Oct 2025.

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