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LG Electronics India Stock Plunges to Record Low After Lock-in Expiry

LG Electronics India's share price fell to a record low on the BSE following the expiry of a three-month lock-in period, which made approximately 15 million shares eligible for trading. The company's weak September quarter performance saw a 27.3% year-on-year decline in net profit, despite marginal sales growth. Brokerage Emkay Global attributed the weak results to GST-led demand postponement and weak consumer sentiment. However, the company reportedly gained market share in home appliances and electronics, strengthening its leadership during a challenging period.

Key Points: LG Electronics India Shares Hit Record Low Post Lock-in

  • Stock hit record low on BSE
  • Lock-in expiry released 15M shares
  • Q2 net profit fell 27.3% YoY
  • Market share grew despite challenges
  • Trading 17% below listing price
2 min read

LG Electronics India shares hit record low after lock-in expiry

LG Electronics India stock fell to an all-time low after a 3-month lock-in period ended, releasing 15 million shares. Q2 profit dropped 27.3%.

"The company's quarterly results were weak, in line with industry peers. - Emkay Global Financial Services"

Mumbai, Jan 8

LG Electronics India shares came under selling pressure on Wednesday after the expiry of the company's three-month lock-in period, pushing the stock to an all-time low on the BSE.

The share price fell as much as 4.4 per cent to Rs 1,392.8 during early trade. At 1:30 pm, the stock was still down 2.51 per cent or Rs 36.50 at Rs 1,419.90.

The decline was largely linked to the end of the lock-in period, which restricts certain shareholders from selling their shares for a fixed time after listing.

With the lock-in ending, around 15 million shares -- about 2 per cent of LG Electronics India's total equity -- became eligible for trading, according to Nuvama Institutional Equities.

The company currently has a market capitalisation of Rs 2,559.97 crore. The stock is trading nearly 17 per cent below its listing price of Rs 1,715 on the BSE, though it remains about 25 per cent higher than its issue price of Rs 1,140 per share.

LG Electronics had made a strong debut on Dalal Street on October 14, 2025.

On the financial front, LG Electronics India reported a weak performance in the September quarter (Q2FY26).

The company's net profit fell 27.3 per cent year-on-year (YoY) to Rs 389.43 crore, compared with Rs 535.7 crore in the same quarter last financial year.

Net sales grew marginally by 0.9 per cent to Rs 6,170.4 crore, according to its earlier exchange filing.

Emkay Global Financial Services said the company's quarterly results were weak, in line with industry peers.

The brokerage attributed the performance to GST-led demand postponement by dealers and consumers, weak consumer sentiment, and lower business-to-business revenue in the home electronics segment due to tariff-related issues.

However, Emkay noted that LG Electronics managed to gain market share in both home appliances and electronics, strengthening its leadership position in these categories despite the challenging environment.

- IANS

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Reader Comments

P
Priya S
Not surprised. The quarterly results were weak. When consumer sentiment is down, durable goods are the first to get hit. My family postponed buying a new AC because of budget constraints. Many middle-class families are doing the same.
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Aman W
Respectfully, I think the management should have communicated the lock-in expiry impact better to retail investors. Many small investors who bought at listing are now sitting on losses. Transparency is key in our markets.
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Sarah B
Interesting to see they gained market share even in a tough quarter. That says a lot about brand loyalty. Our LG fridge has been running for 12 years without a single issue! That kind of trust matters more than one quarter's numbers.
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Karthik V
The GST-led demand postponement point is very real. Dealers are waiting for clarity, consumers are waiting for discounts. It's a wait-and-watch game across the electronics sector. Festive season next year will be the real test.
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Nikhil C
Still 25% above issue price is not bad at all! The listing price was probably too optimistic. This correction brings it to more realistic levels. Smart money will accumulate now. 💹

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