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BSE LIVE NSE LIVE 26 Aug, 2025 12:21 Volume Todays L/H More ×

Nomura has initiated coverage on LG Electronics India with a ‘buy’ rating and a target price of Rs 1,800 per share, a day after the stock made a blockbuster debut on the exchanges with a nearly 50 percent listing gain. The brokerage said India’s favourable demographics and a structural shift towards premiumisation across categories position the company for sustained growth over the medium term.

According to Nomura, premiumisation is emerging as a secular theme in India’s consumer electronics market, providing a tailwind for revenue expansion. The firm believes value creation will depend on companies that innovate and localise their products to capture rising

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