LG Electronics Stock Outlook: Nuvama, Emkay bullish post Q4 results; see exports, premium products in drivers seat – Check target prices
Brokerages remain positive on LG Electronics India after the company reported its March quarter earnings, even as margin pressure from currency depreciation, higher commodity costs and promotional spending weighed on profitability. Both Nomura and Emkay Global Financial Services have retained their ‘Buy’ ratings on the stock, citing strong demand in premium appliances, rising exports and…
