LG Electronics stock gains on Marriott deal and strong Q1
Published on 09/02/2026 at 21:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
LG Electronics stock (KR7066570003) is drawing attention after the company said on September 2, 2026, that it will work with Marriott International on a cloud-based guest room platform. Moneycontrol also shows the India listing at INR 1,653.20 as of September 2, 2026, down 0.74 percent, with market capitalization at INR 112,215 crore.
Marriott adds a fresh angle
According to the LG Global Newsroom release, the platform starts with a 40-hotel pilot in the United States and Canada. That gives the stock a concrete operating backdrop, not just a branding headline.
Quarterly numbers still matter
Moneycontrol lists financial results for the quarter ended June 30, 2026, with revenue of INR 24,604.91 crore and net profit of INR 1,685.09 crore. Revenue rose from INR 24,366.64 crore in fiscal 2025, while net profit fell from INR 2,203.35 crore, a clear comparison investors can read into immediately.
Two more market figures sharpen the picture: the share trades 5.80 percent below its 52-week high of INR 1,755.00, and the day range on September 2, 2026, ran from INR 1,644.10 to INR 1,667.30. The stock also changed hands on volume of 200,141 shares in the snapshot.
Why the June quarter still shapes the stock
The latest report period and the Marriott pilot are the two numbers that frame the move today.
Hospitality platform focus
LG says the Marriott project combines smart hotel TVs, cloud technology and device management. The rollout starts in 40 locations, which makes hospitality a visible growth lane rather than a generic theme.
Price still near the high
As of September 2, 2026, the India listing stood at INR 1,653.20 on Moneycontrol, versus a 52-week high of INR 1,755.00 and a 52-week low of INR 1,304.10. That leaves the stock near the upper end of its annual range while the market waits for the next earnings update.
LG Electronics stock facts
- Company: LG Electronics India Ltd.
- ISIN: KR7066570003
- Ticker: LGEINDIA
- Trading venue: NSE and BSE
- Price (as of September 2, 2026): INR 1,653.20
- Market capitalization: INR 112,215 crore (as of September 2, 2026)
- Sector / Industry: Consumer Durables / Domestic Appliances
- Index membership: BSE 200, BSE 500, Nifty 200
