LG Electronics India stock surges 8% on strong Q1 earnings beat, nears 52-week high
LG Electronics India stock, which listed in October 2025, is up nearly 15% year-to-date and trades at a trailing P/E of 58.71x
LG Electronics India's shares rose 9.59% to close at ₹1,729.70 on strong Q1 earnings, nearing a 52-week high. The stock hit ₹1,736.10 during the session and was up 10% intraday before settling. Volume surged to 98.32 lakh shares with a turnover of ₹1,664.76 crore. The results beat expectations, with EBITDA increasing 8% to ₹9.0 billion.
Analysts see the stock as entering a bullish phase, with Mayank Jain at Share.Market by PhonePe noting it has surpassed its all-time high, signaling strong buying interest. The Home Entertainment segment led the quarter with a 49% YoY increase in EBIT and a 3.4 percentage point margin expansion. Management expects mid-teen revenue growth and a double-digit EBITDA margin for FY27. The stock is up 15% YTD and has a trailing P/E of 58.71x.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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