Prabhudas Lilladher Recommends 'BUY' on LG Electronics India, Sets Target at Rs 1808

• Prabhudas Lilladher maintains a 'BUY' rating for LG Electronics India with a revised target price of Rs 1,808.
• Home Appliances & Air Solutions revenue declined 9.8% YoY, but the company gained market share.
• Home Entertainment saw 1.7% YoY revenue growth, driven by Information Display business.
• Segment margins contracted in both Home Appliances and Home Entertainment due to various cost pressures.
• FY27/FY28 earnings estimates revised downwards due to recycling costs, upfront AMC, and new plant fixed costs.