The quarter’s standout was the Home Entertainment segment.

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Shares of LG Electronics India were trading sharply higher on Friday, rising as much as 8.63 per cent to touch an intraday high of ₹1,714, just shy of its 52-week high of ₹1,749 hit in October 2025, after the consumer durables company reported a robust set of first-quarter results late Thursday.At 12.05 pm, the stock was quoted at ₹1,703.40, up ₹125.10 or 7.93 per cent from its previous close of ₹1,578.30. Traded volume stood at 65.85 lakh shares with turnover of ₹1,105.84 crore, indicating heavy interest from market participants. The stock opened at ₹1,620, suggesting the gap-up was sustained and even extended through the morning session. Sell orders outweighed buy orders, 68 per cent to 32 per cent, pointing to some profit-booking near the highs.What brokerages sayMotilal Oswal Financial Services covers the stock with a Buy rating and a target price of ₹1,580 (now below the current market price), flagged the results as a beat on EBITDA. The brokerage noted that EBITDA came in at ₹9.0 billion, approximately 8 per cent ahead of its estimate, with operating margins expanding 1.1 percentage points year-on-year to 12.5 per cent against an estimate of 11.8 per cent. The firm said it would review its price target following the management conference call scheduled for Friday afternoon. Revenue and adjusted PAT were broadly in line with estimates.The quarter’s standout was the Home Entertainment segment, where EBIT jumped around 49 per cent year-on-year to ₹3.2 billion, a roughly 39 per cent beat over Motilal Oswal’s estimate,with margins expanding 3.4 percentage points to 19.1 per cent. The Home Appliances and Air Solutions segment, which accounts for the bulk of revenue at ₹55.8 billion, grew 14 per cent year-on-year with margins steady at 11.6 per cent.Management guided for mid-teen revenue growth and an early double-digit EBITDA margin for FY27, supported by premiumisation, export ramp-up, and scaling of B2B and AMC businesses. The company also cited its Sri City manufacturing facility and deepening localisation as structural margin supports.The stock, which listed in October 2025, is up nearly 15 per cent year-to-date and trades at a trailing P/E of 58.71x. Its free-float market cap stood at approximately ₹17,346 crore as of midday Friday.Published on August 14, 2026