LG Electronics Share Price: India’s IPO market witnessed a historic day on Tuesday as LG Electronics India made a blockbuster debut. The stock opened at Rs 1,710 on the NSE, sharply above its issue price of Rs 1,140, up 50.4 per cent. Early trading saw it touch Rs 1,749, and it eventually closed at Rs 1,689.40, up 48 per cent, making it the most successful billion-rupee IPO in India since 2021.
LG: Three decade in the Indian consumer electronics market
With over three decades in the Indian consumer electronics market, LG has been in the consumer electronics market for more than three decades now. The company leads in key categories including OLED TVs (63 per cent market share), front-load washing machines (37 per cent), and side-by-side refrigerators (43 per cent). Analysts say the comp