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LG India stock soars 50% on debut, sets D-Street record
LG India stock jumps 50% on listing, marking a landmark IPO debut and investor enthusiasm in India.
LG Electronics India's IPO listing delivered a dazzling performance, with its shares climbing 50% above the issue price on debut. The turnaround marked one of the strongest receptions for a billion-dollar IPO in India, surpassing many expectations. The aggressive inflows reflect investor appetite for consumer and manufacturing names, especially as policy support and festive demand reinforce sentiment. Market watchers now look at valuation sustainability and peer response ahead.