LG Electronics India Listing: A Blockbuster Debut

The shares of LG Electronics India made a remarkably strong debut on the National Stock Exchange (NSE) today.

Key Listing Details

MetricValue
Issue Price₹1,140
Listing Price₹1,710 (A premium of 50%)
Closing Price₹1,689.90
Daily Gain₹549.90 (Up by 48.24%)

LG Electronics India witnessed a phenomenal market entry, listing on the NSE at ₹1,710, a robust 50% premium over its issue price of ₹1,140. Despite a slight pull-back from its opening price, the stock maintained a spectacular run, closing the day at ₹1,689.90, marking an impressive gain of 48.24% and sending a strong positive signal to the market.

LG India Achieves Dual Success: Strong IPO Listing Paired with MD’s Viral Hindi Speech

LG Electronics India had a stellar start to its public life on Tuesday. The company’s shares listed on the NSE at ₹1,710.10, soaring over 50% past the issue price. But the buzz wasn’t limited to the markets: LG India’s Managing Director, Hong Ju Jeon, captured national attention and appreciation by delivering a significant portion of his listing ceremony address in flawless Hindi, making the debut a major moment for both business and cultural engagement.

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