Doosan Infracore, Current Stock Price -5.24%... Individual Investors Net Buy 3,563,245 Shares in Last 5 Days

As of 9:30 AM on the 18th, Doosan Infracore is trading at 7,590 KRW, down 5.24% from the previous day. The trading volume is 5,228,824 shares, which is about 5.96% of the previous day's volume. Doosan Infracore is known as Doosan Group's construction machinery specialist company.

On June 16, KB Securities analyst Jeong Dong-ik reported that after separating Doosan Infracore and Doosan Bobcat, a foreign securities firm was selected as the lead underwriter to sell Doosan Infracore (reported on 6/15 by Maeil Business Newspaper). However, it is judged that the likelihood of a sale being completed in the short term is very low. Reflecting the unusual strong sales since March, the sales forecast for excavators in China this year has been revised upward by 10.9%, from 193,000 units to 214,000 units. Operating profit for the second quarter is expected to be about half of last year's level. Accordingly, the target price for Doosan Infracore was set at 5,300 KRW.

Over the past five days, individual investors have net purchased 3,563,245 shares of Doosan Infracore, while foreigners and institutions have net sold 1,623,440 shares and 1,942,729 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automated article generation algorithm jointly developed by Asia Economy and financial AI specialist company Thinkpool.

This content was produced with the assistance of AI translation services.