India's Pranavi Urs returned a superb four-under 66 in the third round to take a three-stroke lead and place herself in strong contention for an individual gold medal at the Asian Games women's golf competition on Friday. The 23-year-old from Mysuru, who is making her Games debut, has a total of 15-under 195, three shots clear of Singapore's Shannon Tan, who stumbled to a one-over 71 in the third round to surrender the lead she had held overnight. A stroke behind Shannon was China's Yin Ruoning. She signed for a flawless four-under 66 for a total of 11-under 199. Pranavi's card was studded with five birdies against a solitary bogey on the par-four 14th hole. She played a blemish-free front nine, picking up shots on the first, third and eighth holes. Her other two birdies came on the 13th and 18th holes. It was a big third-day leap, traditionally known as 'Moving Day' in golf, and it also lifted the Indian women's team, comprising Pranavi (66-63-66)...
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 of 22% from the reports current market price of Rs 1,711.
The brokerage's positive view on LG Electronics is supported by its diversified product portfolio, strong brand franchise, multiple avenues for sustainable revenue growth and better margin profile vs peers.
The company 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.
Recent trends across large-screen TVs, French-door refrigerators and fully automatic washing machines highlight LG Electronics's ability to drive value growth even in a mixed demand environment. Over the medium term, Motilal Oswal expects Sri City capacity expansion, deeper localisation and increasing exports to further strengthen the growth and profitability profile.
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