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CORPORATE FRANCHISE BUSINESS OPPORTUNITY IN INDIA

Upcoming LG India IPO nears valuation of South Korea parent

LG Electronics India's upcoming IPO values the company at $8.7 billion, nearly matching its South Korean parent's market capitalization. Priced at ₹1,080-1,140 per share, analysts find its 35.1x P/E ratio attractive and cheaper than local peers like Whirlpool and IFB. SBI Securities has assigned a 'Subscribe' rating due to its superior return profile.

from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/consumer-durables-and-information-technology/consumer-electronics/upcoming-lg-india-ipo-nears-valuation-of-south-korea-parent/124282298
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