LG Electronics India Shares Jump 4.5% on Q1 Profit Surge

LG makes televisions, refrigerators, washing machines and other things you might have at home.

The company sells these products in India and recently told everyone how much money it made.

The company did very well in the first three months of the new year.

Its profit went up by about 27 percent compared with the same time last year.

Because of that, people who buy small pieces of the company were happy.

The price of one piece, called a share, went up by 4.5 percent.

Smart money experts called analysts think the company will keep doing well.

They believe the company's TVs and fancy premium products are selling well.

Some analysts gave the company a higher target price for its shares.

That means they believe the share price can go even higher in the future.