After a blockbuster subscription to its initial public offering (IPO), shares of LG Electronics India debuted with a premium of 50% on the bourses on Tuesday, October 14.

The stock listed at ₹ 1,710.10 on the NSE as against an issue price of ₹ 1,140. Meanwhile, the stock debuted at ₹ 1,715 on the BSE, rising 50.4%.

The stock climbed to an intra-day high of ₹1,749 on the NSE, compared with its issue price. LG Electronics shares ended 50% higher on its trading debut.

Prashanth Tapse of Mehta Equities recommended allotted investors to 'hold' the stock for the long term, citing LG's dominant market position , diversified product portfolio, and steady growth outlook, while cautioning about possible short-term volatility.

For non-allotted investors, Tapse suggests adopting a 'wait an

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