India, Oct. 15 -- A lesser known stock caught strays off LG India's listing-day pop in a good way, so much so that its shares rose to a 52-week high.

On Tuesday, shares of LG Balakrishnan & Bros Ltd. rose to a 52-week high of Rs.1,640 on the BSE, on a day when LG Electronics India Ltd. listed on India's stock exchanges at a 48% premium over its IPO price. That's roughly a 15% gain for the auto components maker from its previous close of Rs.1,367.60.

According to an ET report that cited brokers, investors who rushed to buy LG India shares in early trade added buy calls for LG Balakrishnan instead. Upon realising the mistake, they quickly withdrew the buy calls for the auto-parts stocks. Eventually, LG Balakrishnan settled 2% lower on Tue...