LG Electronics India listing today: Motilal Oswal sees 58% jump ahead!

Motilal Oswal gives a ‘Buy’ rating and Rs 1,800 target price for LG Electronics India, predicting a 58% stock value increase in 12 months. Strong market position, premiumisation and localisation strategies, and a wide distribution network make it well-equipped to capitalise on growth in the Indian consumer durables market.