LG Electronics India Shares Drop 4% on Lock-In Expiry, Down 18% Since Listing

Shares of

nics India Ltd tumbled over 4% on Wednesday to hit a record low of ₹1,393, as the three-month post-IPO lock-in period for anchor investors expired, unlocking additional supply. Approximately 1.52 crore shares—representing about 2% of the company's equity and valued at over ₹2,200 crore based on recent closing prices—became eligible for trading. While this does not guarantee immediate selling, it often triggers short-term volatility due to potential profit-booking by pre-IPO shareholders. Outlook Ahead: Analysts expect near-term pressure but maintain a positive long-term view, citing LG's strong brand, market leadership in appliances and consumer electronics, and ongoing market share gains. Most brokerages retain 'Buy' ratings, advising investors to monitor upcoming quarters for sustained recovery.