LG Electronics India made a strong debut on Dalal Street, listing at a 50% premium over its Rs 1,140 issue price. The IPO’s success, rare among India’s Rs 10,000-crore-plus issues, is attributed to reasonable valuations, dominant market positioning, and robust earnings visibility. With a diversified portfolio across home appliances, TVs, and ACs, LG continues to outpace peers in margins and growth.
Why FIIs are dumping bluechips to hunt small & midcaps
Foreign institutional investors are shifting their focus from India’s top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is