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LG Electronics India sets 5–6% AC price hike for October 1, 2026
LG Electronics India announced a 5-6% air-conditioner price hike effective October 1, 2026. Motilal Oswal reiterated a BUY rating with a Rs 2,080 target, citing premiumization, localization and growth momentum, while expecting other product prices to remain largely stable.
- Air conditioner price hike
- 5-6%
- Motilal Oswal target price
- ₹2,080
- Projected FY29 margin
- 13%
Reported figures
From the report. Source details below
| FY28 margin expansion: | 70 basis points |
|---|---|
| FY29 margin expansion: | 40 basis points |
| Projected FY29 margin: | 13% |
| Target September 2028 EPS multiple: | 45 times |
| Current FY28 EPS multiple: | 40 times |