Whalesbook
Brokerage firm Jefferies has initiated coverage on LG Electronics India with a 'buy' rating and a target price of ₹1,900, suggesting a 17.2% upside. Jefferies highlights the company's strong market leadership, premium brand, diversified product mix, and robust balance sheet cash as key strengths. They believe LG Electronics India is a strong play on India's discretionary spending, expecting a return to consistent double-digit revenue growth.