New Delhi, Oct. 15 -- India's stock market witnessed a moment of confusion on Tuesday as the share price of auto parts manufacturer LG Balakrishnan & Bros Ltd. jumped to new highs without an apparent trigger.

LG Balakrishnan & Bros Ltd. became a surprise beneficiary of the bumper listing of LG Electronics India shares at the BSE and NSE on Tuesday, as the company listed after its mega IPO (initial public offering).

As per a report by The Economic Times, citing brokers, investors who rushed to buy LG Electronic shares mistakenly added buy calls for the LG Balakrishnan scrip.

As a result, the LG Balakrishnan stock price surged to new highs on Tuesday. The shares of LG Balakrishnan hit a 52-week high of Rs.1,640 on the BSE during early tr...