Is LG Electronics India a Buy now? 5 reasons why Motilal Oswal sees 17% upside
LG Electronics India's quarterly earnings have raised concerns, but Motilal Oswal is optimistic about the newly listed consumer electronics company. They have a target price of Rs 1,890, with a potential upside of 17%, and believe in its long-term earnings potential despite short-term margin pressure. While revenue grew modestly, EBITDA and PAT saw a decline of 28% and 27% respectively.