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CLSA picks LG Electronics India as top consumer durables bet with Rs 1,830 target
CLSA initiated coverage on LG Electronics India with Outperform rating and Rs 1,830 target, citing premiumisation, rising appliance penetration, strong distribution and local manufacturing. Forecasts 13% revenue and 24% PAT CAGR through FY26-FY29.
Reported figures
From the report. Source details below
- Rs 1,603 high
- 2.13% surge
- 31 buy calls
The source
First seen