LG India’s blockbuster IPO lifts parent stock; analysts raise targets
Published on 20/10/2025 06:10 PM
LG India’s blockbuster IPO lifts parent stock; analysts raise targetsShares of LG Electronics India have cooled after their blockbuster debut on October 14, slipping 0.2% to ₹1,665.20 on the NSE on Monday — marking the fourth straight session of declines since listing.By Yoosef K October 20, 2025, 6:10:09 PM IST (Updated)2 Min ReadChoose CNBC TV18 on Google
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Shares of LG Electronics Inc, the South Korea-based parent of LG Electronics India, rallied as much as 10% in Seoul on Monday — their sharpest single-day gain since May 2024 — after analysts, including Meritz Securities, raised price targets following the strong debut of its Indian subsidiary.Continue Reading with CNBC-TV18 Access MembershipPriority Access and Networking: CNBC-TV18's flagship events Interaction with CNBC-TV18's journalists Webinars & LIVE Q&As with India Inc. Leaders Exclusive CNBC-TV18 studio & newsroom tours Premium business insights, expert opinions & analysis Curated lifestyle privileges & offers