
LG Electronics India shares experienced a significant decline, hitting an all-time low, following the expiry of its three-month IPO anchor lock-in period. Approximately 15 million shares, representing 2% of the company's equity, became eligible for trading. This event, coupled with recent quarterly results showing a 27% drop in net profit, contributed to selling pressure. Despite the dip, the stock remains above its issue price, and some analysts suggest accumulating shares, citing strong brand positioning and long-term growth potential.
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