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LG Electronics India Ltd shares rose 2.25 per cent on Friday to Rs 1,444.60. The stock opened at Rs 1,406 and moved between Rs 1,401 and Rs 1,453. The company’s market capitalisation stands at about Rs 98,080 crore.

LG Electronics India is trading well below its post-listing highs. The stock hit a 52-week high of Rs 1,749. It later fell to a recent low of Rs 1,325.50. This marks a decline of about 24.2 per cent from the peak.

At the current price of Rs 1,444.60, the stock is still down around 17.4 per cent from its 52-week high.

LG Electronics India made its market debut in October 2025. The IPO price was fixed at Rs 1,140 per share. On listing day, the stock opened at Rs 1,710.10 on the NSE and Rs 1,715 on the BSE. This translated into a listing premium of around 50 per cent over the issue price.

After early volatility, the shares settled near the Rs 1,682–1,689 range on the first day. However, the stock has remained under pressure in the months that followed. Concerns around valuations and broader market volatility weighed on sentiment.

Even so, IPO investors who are still holding the shares are sitting on gains of about 26.7 per cent in just around three months, based on the issue price and the current market price.

HDFC Securities has initiated coverage on LG Electronics India with an ADD rating. It has set a target price of Rs 1,545 per share.

In its note, the brokerage said it values the stock at 38 times Mar-28E adjusted earnings per share. It likes the company for its leadership in core product categories, strong brand equity and steady product innovation. HDFC Securities also pointed to LG’s healthy balance sheet, robust return ratios and low working capital needs.

LG Electronics India is a leading player in washing machines, refrigerators, panel televisions and inverter air conditioners. The company benefits from the broader LG Group ecosystem across R&D, manufacturing and automation. This helps improve efficiency and supports regular first-in-industry product launches.

HDFC Securities expects LG Electronics India to deliver steady growth over the medium term. It forecasts revenue, EBITDA and adjusted profit after tax CAGR of about 8 per cent each over FY25–28E. The brokerage believes regular product launches and leadership in key categories will support this growth.

LG Electronics India has scheduled a board meeting on February 11, 2026. The board will consider and approve unaudited financial results for the quarter and nine months ended December 31, 2025. The trading window has been closed for designated persons since January 1, 2026, and will reopen 48 hours after the results are announced.

The stock has corrected sharply from its highs after a strong IPO debut. Brokerage coverage suggests limited upside in the near term, but stable fundamentals over the medium term.