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LG India Shares: Lock-in Ends, Market Awaits
8 Jan
Summary
- LG India's shareholder lock-in expires January 8.
- Over 15 million shares become eligible for trading.
- Stock target lowered to ₹1,536 by Avendus Spark.
LG Electronics India's shares are set to be a focal point for investors as the company's crucial three-month shareholder lock-in period concludes on January 8, 2026. This event will make a significant volume of shares available for trading on the open market.
Approximately 15.2 million shares, equating to about 2% of the company's outstanding equity, will transition from restricted to freely tradable status. Based on recent market valuations, these shares represent a substantial sum of ₹2,211 crore, prompting anticipation regarding potential market movements.
Despite this impending liquidity, it is important to note that the expiry does not necessitate immediate selling. Furthermore, LG Electronics India has recently received its lowest price target since its listing, with Avendus Spark initiating coverage at ₹1,536 per share, reflecting evolving market dynamics and competitive pressures.
