LG Electronics share price expands a day after listing the crossword puzzle. Should you buy, sell or hold?

LG Electronics India share price extended the profit for the second consecutive day on Wednesday, October 15. The home appliances and seller stock electronics stock rose to 1 percent to £ 1708.35. LG Electronics shares made a bumper stock market on Tuesday, with a 50 percent premium above the IPO price. The stock was listed at £ 1715 on the BSE and at £ 1,710.10 on the NSE. Prior to the listing, the shares of LG Electronics IPO traded at £ 1,562, indicating a 37 percent premium. LG Electronics IPO was entirely an offer for sale of 10.18 crore shares, with a price tire fixed at £ 1.080 to £ 1.140 per share. LG Electronics’ £ 11,607 Crore IPO has become the most overwritten public offering in the Indian stock market, attracting a total of nearly £ 4.5 Lakh crore. The segment reserved for qualified institutional buyers (QIBs) was transferred large at 166.51 times, while the part of the non-institutional investors saw 22.44 times a subscription. The Retail Individual Investors (RIIS) category received 3.54 times subscription. LG Electronics share price: Should you buy, sell or hold? The brokerage firm Motilal Oswal started covering LG electronic shares and gave ‘Buy’ rating, with a target price of £ 1,800 each, which impedes 58 percent rising potential. “We start covering the cover with a buying rating and a TP of INR1 800, which is at 40x FY28E EPS. Lgeil must trade at higher multiple, given the strong yield ratios, higher OCF conversion and a strategic focus on localization.” Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or brokerage companies, not coin. We advise investors to check with certified experts before making investment decisions.