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ICICI Securities raises LG Electronics India target to Rs 2100

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ICICI Securities upgraded LG Electronics India to a BUY rating with a target price of Rs 2,100. The brokerage cited record Q2FY27 revenue growth and an EBITDA margin expansion of 63bps. Management reaffirmed FY27 targets of mid-teen revenue growth and early double-digit EBITDA margins.

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