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LG Electronics shares rally 9% as lock-in expiry frees up 44 crore shares: Here's how stock performed since IPO
LG Electronics India shares are in focus as a six-month lock-in period ends today, freeing over 44 crore shares for trade. The stock, which listed at a premium in October 2024, has seen volatility since its debut. Analysts maintain a positive outlook, citing market leadership and growth plans.
Trade Setup for April 15: Nifty holds 23,500 support but bulls aim for a retest of 24,000
Wednesday's session will see stocks like ICICI Prudential Life, ICICI Prudential AMC, Just Dial react to their quarterly results, while names like LG Electronics India, Bharat Coking Coal, and Rubicon Research see their respective shareholder lock-ins end.
Tata invests ₹1,500 crore more to charge up iPhone biz
Tata Group has infused ₹1,500 crore into Tata Electronics to scale up its iPhone manufacturing business, alongside plans for further investments. The group has also increased capital in its Pegatron India unit. Analysts say the move reflects long-term capacity expansion, as Tata strengthens its role in Apple supply chains and pushes into semiconductors.
Stocks to Watch for April 15: Vedanta, ICICI Prudential, LIC, LG Electronics India and more
From ICICI Prudential AMC and Just Dial reacting to their quarterly results to LG Electronics India and Bharat Coking Coal seeing their respective shareholder lock-in ending, these are the important stocks that should be on your radar for Wednesday's trading session.
Three stocks will see equity worth over ₹76,000 crore free up for trade on Wednesday
All three stocks, Rubicon Research, LG Electronics India, and Bharat Coking Coal, whose respective shareholder lock-in ends on Wednesday, are trading above their IPO price.
PLI 2.0 calls ring louder: India eyes 35% global mobile output; $130 billion production
India's electronics sector is set to significantly boost global mobile phone production. A new production-linked incentive scheme aims to achieve 30-35% of worldwide output by 2031. This ambitious plan targets substantial manufacturing and export growth. The initiative seeks to strengthen India's supply chain and manufacturing ecosystem.
Pick LG Electronics and KEI over Blue Star, advises this analyst
PL Capital prefers diversified players over companies that specialise in air conditioners alone.
Electronics sector sees women outpace men in employability
The staffing firm said women are highly sought because they demonstrate greater dexterity, consistency and process discipline. Employers also report that hiring women leads to lower absenteeism, reduced attrition and an improved work culture, Nipun Sharma, CEO, Teamlease Degree Apprenticeship told ET.
Amber Enterprises arm to raise ₹328 crore via rights issue; company to invest ₹296 crore
Amber Enterprises India Limited announced IL JIN Electronics (India) will raise ₹328 crore via a rights issue. Amber also approved an extra ₹296.02 crore investment in IL JIN.
Retailers roll out festival discounts amid inventory pressure, Gulf war concerns
As concerns over the Gulf war loom large, Indian retailers are slashing prices on electronics and home appliances to attract cautious consumers and clear their stock. With a noticeable dip in smartphone and TV sales, many anticipate further hikes in product prices. Shoppers are tightening their belts and re-evaluating their purchasing habits.
GNG Electronics expands DBS credit line to ₹800 crore to boost working capital
GNG Electronics signed a supplemental working capital agreement with DBS Bank India, raising its credit facility to ₹800 crore to support growing needs.
Bharat Electronics wins new orders worth Rs 1,011 crore
Bharat Electronics said that it has secured additional orders worth Rs 1,011 crore since the last disclosure on 25 February 2026.