New Delhi, Oct. 14 -- LG Electronics IPO shares entered the Indian stock market with a 50% premium over the issue price, surpassing both analyst and grey market expectations. The shares opened at Rs.1,715 on the BSE and Rs.1,710 on the NSE, compared to the issue price of Rs.1140 apiece. Apart from its bumper opening, what stood out in the listing ceremony was LG India's managing director, Hong Ju Jeon's speech, which he delivered in Hindi.
He began his speech with the traditional Hindi greeting, 'Namaste.' The South Korean MD of LG Electronics India went beyond just a brief greeting; he delivered the entire speech in Hindi, ending with Dhanyawaad.
Hong Ju Jeon's speech went viral on social media, with netizens lauding his Hindi-speaking...
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