Even as market share rose, profits fell sharply, and newly unlocked shares flooded the market, what triggered LG Electronics India’s shares to hit a record low after listing?
LG Electronics India shares slid sharply on Wednesday, January 7, 2026, as selling pressure emerged following the expiry of the company’s three-month post-listing lock-in period. The stock touched a record low on the Bombay Stock Exchange (BSE) during early trade, reflecting heightened supply in the market.
The share price fell by up to 4.4 per cent to ₹1392.8 in morning trade. Losses narrowed later in the session. By 1:30 pm, the stock was trading at ₹1419.90, down 2.51 per cent, or ₹36.50, from the previous close.
Market participants linked the decline to the end of the lock-in period, which had restricted certain shareholders from selling their holdings since the company’s listing. With the restriction lifted, nearly 15 million shares became available for trading.
This represents around 2 per cent of LG Electronics India’s total equity, according to estimates by Nuvama Institutional Equities.
The increased availability of shares added to near-term supply pressure. The company’s market capitalisation now stands at about ₹2559.97 crore. The stock is trading almost 17 per cent below its listing price of ₹1715 on the BSE. However, it remains around 25 per cent above its issue price of ₹1140 per share.
LG Electronics India debuted on Dalal Street on 14 October 2025, attracting strong initial investor interest. Sentiment has since softened amid concerns over earnings momentum.
In its September quarter results for Q2 FY26, the company reported a weaker financial performance. Net profit declined 27.3 per cent year on year to ₹3.8943 billion, compared with ₹5.357 billion in the same period last year. Revenue growth was modest. Net sales rose 0.9 per cent to ₹61.704 billion.
Emkay Global Financial Services described the quarterly performance as weak, in line with broader industry trends. The brokerage cited GST-related demand deferrals, subdued consumer sentiment, and lower business-to-business sales in home electronics due to tariff challenges.
Despite these headwinds, Emkay noted that LG Electronics India gained market share in both the home appliances and consumer electronics segments.
