Today: 11 June 2026
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KRX:066570.KS 6 October 2025

LG Electronics India IPO Frenzy: Grey Market Hints at 22% Surge as Local Arm Outshines Global Parent

LG Electronics India IPO Frenzy: Grey Market Hints at 22% Surge as Local Arm Outshines Global Parent

LG Electronics India’s ₹11,607 crore IPO opens October 7–9, 2025, with shares priced at ₹1,080–₹1,140 and listing set for October 14. Grey market trades suggest a ₹250 premium over the issue price. The company leads India’s home appliances market, reporting FY25 revenue of ₹24,367 crore and profit of ₹2,203 crore. At the upper price band, valuation stands at 35–38 times FY25 earnings.

Stock Market Today

  • Nasdaq Nears Correction as Technical Signals Indicate Market Stress
    June 11, 2026, 7:47 AM EDT. Nasdaq Composite approaches a correction, a decline of 10% or more from recent highs, signaling mounting market concerns. Technical indicators suggest increasing bearish momentum and potential downside risk. Analysts warn that added pressure may come from high-profile firms like SpaceX entering financial markets, potentially intensifying volatility. Investors should monitor market breadth and momentum metrics closely as risks to the bull market build.

Latest articles

SpaceX IPO: SPCX $135 Listing Meets $250 Billion Demand

SpaceX IPO: SPCX $135 Listing Meets $250 Billion Demand

11 June 2026
SpaceX’s $75 billion IPO is over three times oversubscribed with $250 billion in investor demand, setting a $135-a-share price for a potential $1.75 trillion valuation, but 2025’s $4.94 billion net loss and a 94x price-to-sales ratio highlight risks as investors weigh Starlink growth against heavy AI and rocket spending.
Tesla Shares Bounce After Belgium FSD Approval Puts Eyes Back on Europe Autonomy

Tesla Shares Bounce After Belgium FSD Approval Puts Eyes Back on Europe Autonomy

11 June 2026
Tesla stock rebounded in premarket trading after Belgium became the fifth EU country to approve its Full Self-Driving supervised software, shifting investor focus back to Tesla’s autonomy and software revenue growth, a key driver of its valuation, after a 3.8% drop Wednesday; further European approvals remain a critical catalyst for future gains.
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