LG Electronics India announced its entry into the domestic chest freezer market with a new range of convertible models targeting commercial customers. The new lineup is designed for various applications, including frozen food, ice cream, dairy, and pharmaceuticals, offering the flexibility to switch between cooling and freezing modes. The range includes models with capacities from 102L to 530L in both PRO and PLUS variants.
Following the announcement, shares of LG Electronics India saw a positive response in the market. The stock was trading around ₹1,668, marking an approximate gain of 2.5% from its previous reference level of about ₹1,628. The share price opened near ₹1,610 and climbed steadily throughout the day, reaching levels close to ₹1,675 around midday before settling slightly lower.