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LG Electronics Shares May Rally 22%, Says Motilal Oswal - Check Target Price

According to the brokerage, LG Electronics is well placed to benefit from structural premiumisation across TVs, refrigerators, washing machines and ACs, while the expanding LG Essential portfolio provides an additional growth factor by broadening its addressable market. Over the medium term, Motilal Oswal expects Sri City capacity expansion, deeper localisation and increasing exports to further strengthen the growth and profitability profile. NDTV Profit's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy. Motilal Oswal Report Domestic brokerage firm Motilal Oswal values LG Electronics Ltd. at 45 times Sep'28E earnings per share to arrive at a target price of Rs 2,080 and has reiterated Buy rating implying a potential upside...

In A First, Classmates To Be Chiefs Of Indian Army And Navy Together

For the first time in Indian military history, two classmates, Lieutenant General Upendra Dwivedi and Admiral Dinesh Tripathi, will be service chiefs of Indian Army and Navy.

Navy Chief Admiral Dinesh Tripathi and Army Chief Designate Lt Gen Upendra Dwivedi studied at the Sainik School, Rewa, in Madhya Pradesh. They were together in the school from class 5th-A in the early 1970s.

The roll numbers of the two officers were also around each other, as Lt Gen Dwivedi's roll number was 931 and Admiral Tripathi's was 938.

Their bonding was strong from the initial days in the school and they remained in touch all along, even though they were in different forces.

A defence official who knows both the officers said strong friendships among the senior leadership in the military matter a lot in strengthening the working relationship between the forces.

"This rare honour of nurturing two prodigious students, who would go on to lead their respective Services 50 years later, goes to Sainik School, Rewa, in Madhya Pradesh," Defence Ministry Spokesperson A Bharat Bhushan Babu said in a tweet.

The appointments of the two classmates have also come around the same time, in a gap of around two months.

Admiral Tripathi took over the command of the Indian Navy on May 1, while Lt Gen Dwivedi will be taking over his new appointment tomorrow.

Lt Gen Dwivedi has had a long tenure as the Northern Army Commander where he's had exposure to the ongoing operations in the military standoff on the Line of Actual Control in eastern Ladakh.

Born on July 1, 1964, Lt Gen Upendra Dwivedi was commissioned into the Jammu & Kashmir Rifles of the Indian Army on December 15, 1984.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



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