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For investors who missed out on the LG Electronics IPO or didn’t secure an allotment, the excitement—and the fear of missing out—is palpable, especially after the stock debuted at a staggering 50% premium. While it has eased slightly from its all-time high, valuations remain elevated, suggesting caution for those eyeing an entry. After surging as much as 2.3% today, the stock eventually settled back near its previous close, highlighting both its momentum and volatility.“Post the solid listing, LG trades close to 55x TTM PE/ While we like the company for its strong distribution and brand image, valuations are now at par to other listed peers,” Aishvarya Dadheech, Founder and CIO of Fident Asset Management told ETMarkets. What should you do now? Dadheech recommends waiting for a better entry point, and suggests waiting for some formal guidance by the company in the coming months. “Also its main revenue driving segments such as Washing machine & Refrigerator is seeing strong competition from MNCs and growth has been slowing down on high COVID base,” he added.Also read: Smallcap stock makes over Rs 2 crore in LG Electronics IPO after bumper listingDespite the near-term caution, the long term growth story remains intact. Emkay Global Financial Services has given a price target of Rs 2,050 per share, implying an upside potential of 22% from the last close on the NSE. The company over the last 3 decades, built a formidable franchise which leads in key large appliance categories with premium positioning, leveraging its global R&D strength, brand power, and superior execution, the brokerage added.Motilal Oswal has assigned a target price of Rs 1,800 per share premised on 40x FY28E EPS. “We expect LGEIL to trade at higher multiples, given the strong return ratios, higher OCF conversion, a strategic focus on localization, targeted growth in high-margin B2B and AMC revenues, and a leadership position across key product categories,” the domestic brokerage said in a note.Prabhudas Lilladher, with a price target of Rs 1,780 per share, values the company at 42x FY28E earnings. “We believe LGEIL is well-positioned to capitalize on the growth opportunities in home appliances and consumer electronics given its 1) market leadership across products, 2) strong manufacturing capabilities, 3) diverse product portfolio, and 4) strong brand loyalty,” analysts said.The Rs 11,607 crore initial public offering (IPO) of LG Electronics India broke all records to get bids worth Rs 4.39 lakh crore over the three-day subscription period. The IPO subscription figures surpassed Bajaj Housing Finance's total bids of Rs 3.2 lakh crore in 2024.At about 1:20 pm, shares of the company were trading at Rs 1,694, higher by 0.2% from the last close on the NSE.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

A day after its alliance partner Bihar unveiled 100 names, the ruling JD(U) on Wednesday rolled out its first list of 57 candidates, setting the stage for a fierce poll battle.According to the first list released by Nitish Kumar-led JD(U), Anant Singh is fielded from Mokama while Kaushal Kishore is fighting contest from Rajgir. Additionally, Cabinet minister Maheshwar Hazari will be contesting the polls from Kalyanpur, Ratnesh Sada from Sonbarsa and Ajay Kushwaha from Meenapur.The list also included turncoats like Shyam Rajak, who returned to the JD(U), quitting RJD about a year ago, and don-turned politician Anant Kumar Singh, who had filed nomination papers from the Mokama assembly seat on Tuesday.JD(U) state unit president Umesh Kushwaha has also been fielded from the Mahnar seat.According to the seat-sharing arrangement announced earlier, the NDA has allotted 101 seats each to the BJP and JD(U). Other alliance partners, Lok Janshakti Party (Ram Vilas), Rashtriya Lok Morcha (RLM), and Hindustani Awam Morcha (HAM), have been allotted 29, 6, and 6 seats respectively.The Election Commission has scheduled the Bihar Assembly elections in two phases, on November 6 and 11, 2025, with counting and results to be declared on November 14, 2025.— Jduonline (@Jduonline)