# LG Electronics Shares Slip 3% After Hitting 52-Week High As Investors Book Profits

> LG Electronics India shares saw profit booking after touching a fresh 52-week high, driven by a strong operating performance in the June quarter.

**Type:** article · **Category:** Market · **Published:** 2026-08-17 · **Source:** TrendKia
**Canonical:** https://trendkia.com/en/market/lg-electronics-shares-slip-3-after-hitting-52-week-high-as-investors-book-profits-17689 · **Language:** English
**Tags:** LG Electronics, Stock Market, Brokerage Report, Profit Booking, Quarterly Results

Shares of LG Electronics India Limited fell nearly 3% during Monday trading as the household appliances stock experienced profit booking after hitting a fresh 52-week high. The company reported a better-than-expected operating performance for the June quarter of FY27, bolstered by solid revenue growth and strong operational execution.

## Trading Session Movements
At 1:25 pm on Monday, August 17, the LG Electronics India share price was trading 3.17% lower at Rs 1,676.95 per share on BSE, carrying a market capitalization of Rs 1,13,694.38 crore. Earlier in the session, the stock touched a fresh 52-week high of Rs 1,755.55 per share on BSE, while its intraday low touched Rs 1,670.15 per share.

## Breakdown of Financial Results
The company delivered a stronger-than-estimated operating performance, powered by higher-than-expected revenue and margins in its HE segment. Its well-diversified product portfolio across multiple categories has successfully driven growth across various demand cycles. Consolidated net profit for Q1FY27 jumped 27.2% year-on-year to Rs 652.8 crore, compared to Rs 513.2 crore in the corresponding period of the previous year.

Meanwhile, the company's revenue expanded by 15.5% to reach Rs 7,233.3 crore, up from Rs 6,262.9 crore a year ago. Operating profitability also saw a significant boost, with EBITDA surging 26.2% to Rs 904.2 crore against Rs 716.2 crore previously. Consequently, the EBITDA margin expanded to 12.5%, improving from 11.4% in the year-ago quarter.

## Brokerage Outlook and Long-Term Projections
Motilal Oswal, in its report released on Monday, August 17, stated that they remain positive on the long-term growth prospects of LG. This optimism is underpinned by broad-based category growth, premiumization, rising localization, strong brand positioning, and an increasing contribution coming from exports and B2B businesses.

The brokerage maintained a 'Buy' recommendation with a long-term target price of Rs 2,000 per share. Motilal Oswal noted that they increased their EPS estimates by approximately 7% and 10% for FY27 and FY28 respectively, following upward revisions in revenue and margin projections. The target price is arrived at by valuing LG at 45x FY28E EPS.

## Stock Price Trajectory and Historical Context
The consumer electronics maker's stock hit its new 52-week high mark during the session. Looking back, the stock had dipped to a 52-week low of Rs 1,300 per share on January 21, 2026. The share price has rallied roughly 12% so far in 2026, registering gains of 6.7% over two weeks and approximately 6.15% over three months.

## What this means for you
**Across India:** Investors tracking the consumer durables sector should closely monitor valuation shifts and profit-booking trends in major appliance stocks.

## Questions & Answers

### 1. Why did LG Electronics India shares fall recently?
The shares fell nearly 3% due to profit-booking by investors after the stock hit a fresh 52-week high.

### 2. What was the company's net profit for the June quarter?
The consolidated net profit rose 27.2% year-on-year to Rs 652.8 crore.

### 3. What is the target price set by Motilal Oswal?
The brokerage maintained a 'Buy' recommendation with a long-term target price of Rs 2,000 per share.

### 4. When did the stock hit its 52-week low this year?
The stock touched its 52-week low of Rs 1,300 per share on January 21, 2026.

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