LG Electronics India debuted at a 50% premium after a record-breaking Rs 11,607 crore IPO, sparking FOMO among investors. Despite near-term caution due to stretched valuations, brokerages like Emkay and Motilal Oswal remain positive on long-term growth prospects.
PLI 2.0 for mobiles set to reward scale, exports; Dixon a key beneficiary: Motilal Oswal
The government’s new mobile phone manufacturing incentive scheme is set to favour companies with scale, export capabilities and strong domestic supply chains. Motilal Oswal said