New Delhi : LG Electronics India made a strong debut on the National Stock Exchange (NSE) on Tuesday, listing at Rs 1,710.10, over 50 per cent higher than its issue price.

Soon after the listing, the stock surged further and touched a high of Rs 1,749 in early trade, reflecting strong investor confidence.

The issue price of the share was Rs 1,140 per share. Following the robust listing, the market capitalisation of LG Electronics India rose sharply to Rs 1,16,640.25 crore.

The company, a leading manufacturer and distributor of home appliances and consumer electronics (excluding mobile phones), had raised around Rs 11,607 crore through its public issue.

The Initial Public Offering (IPO) of LG Electronics India received an overwhelming response from investors, with the issue being subsc

See Full Page