LG Electronics India’s shares faced selling pressure as the company’s three-month lock-in period expired, causing the stock to hit an all-time low on the BSE. The share price plummeted by 4.4% to Rs 1,392.8 in early trading and remained down by 2.51% at Rs 1,419.90 by 1:30 pm.
The decline was primarily due to the conclusion of the lock-in period, which prevented certain shareholders from selling their shares for a specific time after the listing. Approximately 15 million shares, equivalent to about 2% of LG Electronics India’s total equity, became tradable post the lock-in period, as per Nuvama Institutional Equities.
LG Electronics India currently holds a market capitalization of Rs 2,559.97 crore. Although the stock is trading nearly 17% lower than its listing price of Rs 1,715 on the BSE, it remains around 25% higher than its issue price of Rs 1,140 per share. The company had a successful debut on Dalal Street on October 14, 2025.
On the financial front, LG Electronics India reported a decline in net profit by 27.3% year-on-year to Rs 389.43 crore in the September quarter (Q2FY26), compared to Rs 535.7 crore in the same period last year. Despite a marginal 0.9% growth in net sales to Rs 6,170.4 crore, the company’s quarterly results were considered weak by Emkay Global Financial Services.
Emkay attributed this performance to GST-related demand postponement by dealers and consumers, weak consumer sentiment, and reduced business-to-business revenue in the home electronics segment due to tariff-related issues. However, the brokerage highlighted that LG Electronics managed to increase its market share in home appliances and electronics, reinforcing its leadership position in these segments despite the challenging market conditions.
