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LG REFRIGERATOR SHARE
BSH rolls out mass market products in India for first time globally, cuts entry range prices to rival LG, SamsungGerman appliance giant BSH Home Appliances is making a significant push into India's mass market for the first time globally. By partnering...
A German and a Chinese walk into a hot Indian corporate battlegroundIndia's consumer durables market is heating up as global giants like Bosch enter the mass segment and tech firm Xiaomi expands into large a...
LG Electronics India shares fall 4% after Q4 results. What is Morgan Stanley saying?LG India shares fell to ₹1,474 on BSE after Q4FY26 net profit dropped 8% YoY to ₹693 crore, even as revenue grew 8% to ₹8,054 crore. Sequen...
Amba Auto IPO heads for market debut today. Check GMP ahead of listingAmba Auto Sales and Services is set for its stock market debut with grey market signals indicating a flat listing. The Rs 65.1 crore IPO, p...
LG India's strong product line to sustain margins, drive stock upsideLG Electronics India shares are performing well, rising 8% in the past month. Analysts are optimistic, recommending 'buy' due to steady mar...
LG India says no demand problem; GST pause delayed purchases, not business outlookLG Electronics India posted steady Q2 performance despite GST-linked disruptions, reporting 1% revenue growth, industry-leading 8.9% EBITDA...
LG India Q2 profit slips 27% but TV and AC market share climbsLG Electronics India reported a 27% YoY fall in Q2 net profit to Rs 389.4 crore, though revenue grew 1% to Rs 6,174 crore. Despite GST tran...
LG Electronic India FY24 revenue rises 7.5% to Rs 21,352 cr, profit grows 12.3% to Rs 1,511 crLG Electronics India saw a 12.35% increase in profit, reaching Rs 1,511.1 crore for FY24. Revenues rose by 7.48% to Rs 21,352 crore. The ho...
LG invests Rs 200 crore to start premium refrigerator production in IndiaHong Ju Jeon, managing director of LG Electronics India said, localization has been a key differentiator as we have continuously developed ...
Likely curbs on imports lift shares of refrigerator companiesShares of Voltas and Whirlpool India declined 0.8% each on Friday, while Havells fell 1%. BPL shares gained 5%. NSE's benchmark Nifty50 fel...
LG India FY20 results: Net profit rises 21%, revenue at Rs 16,009 crThe company’s sales grew across product segments such as refrigerators, washing machines and air-conditioners during the financial year, wi...
LG India shuffles top deck again even as demand stays lacklustreCompany veteran Rajeev Jain, who was heading modern retail, brand shops and sell out which involves drawing up strategies to ensure last mi...
LG Electronics fails to grow its sales in Indian market in FY14"Focus on premiumisation and exclusive stores, exit from CRT TV space and inability to crack the smartphone code have hurt co’s growth."
LG aims Rs 6,000 cr market in refrigeration with 20% growthLG Electronics is targeting a turnover of Rs 6,000 crore in the refrigeration segment by the end of this year with 20 per cent growth in vo...
LG falls back on mass products to push revenuesAfter focusing on high priced appliances, LG has realised that Indian consumers do not easily shift to latest appliances.
LG aims Rs 5,300 crore revenue from refrigerator business this fiscalLG Electronics has set a target of mopping up Rs 5,300 crore revenues from its refrigerator business this fiscal, a senior company official...
- LG eyes Rs 4k cr income, 35% share in fridge segment by year-end
"Two million direct cool refrigerators were sold in 2010 and in 2011, the aim is to sell 2.6 million units," the statement said.
- Consumer durable majors gear up for big summer sale
With yet another summer round the bend, consumer durables big guns are kicking into gear.
- LG targets 1.5 mn refrigerator sales in India
In tune with its plan to capture 28 per cent market share in the domestic refrigerator segment, home appliances manufacturer LG Electronics...
- Whirlpool, LG Electronics in patent row over refrigerators
Whirlpool Corp, the world's top appliance maker, filed a patent infringement suit against LG Electronics Inc's refrigerators sold in the Un...