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Asia

LG Electronics India Launches Convertible Chest Freezer Range

LG Electronics India (NSE:LGEINDIA, BOM:544576) entered India's chest freezer market with a range of convertible chest freezers that can switch between chilling and deep-freezing modes.The range covers 102-liter, 205-liter, 315-liter and 530-liter capacities, with select 315-liter and 530-liter models carrying BEE 5-star ratings under the 2026 standards, according to a Thursday filing on Indian bourses. Select PRO models operate across a temperature range of -31°C to +10°C.

BOM:544576NSE:LGEINDIA
Asia

Jefferies Adjusts LG Electronics India's Price Target to INR1,750 From INR1,660, Keeps at Buy

LG Electronics India (NSE:LGEINDIA, BOM:544576) has an average rating of buy and mean price target of 1,734.01 Indian rupees, according to analysts polled by FactSet.

BOM:544576NSE:LGEINDIA
Asia

LG Electronics India's Consolidated Profit Slips in Fiscal Q4

LG Electronics India's (NSE:LGEINDIA, BOM:544576) profit declined to 6.93 billion Indian rupees in the fiscal fourth quarter ended March 31, from 7.55 billion rupees a year ago.Earnings per share contracted to 10.21 rupees from 11.12 rupees a year earlier, the consumer electronics company said in a filing to the Indian stock exchanges. The EPS was lower than the 11.29 rupees estimated by the analysts polled by Visible Alpha.Revenue from operations in fiscal Q4, however, increased to 81.5 billion rupees from 74.5 billion rupees a year ago. This was a tad lower than Visible Alpha's estimate of 81.0 billion rupees.

BOM:544576NSE:LGEINDIA

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