Mando is trading at 29,950 KRW as of 12:30 PM on the 26th, up 0.84% from the previous day. The trading volume is 705,422 shares, which is about 15.53% of the previous day's volume. Mando is known as a manufacturer of automotive parts such as braking, steering, and suspension systems.


On August 25, Jinwoo Kim, a researcher at Korea Investment & Securities, stated, "Mando is meeting the future car trends, improving both the quantity and quality of orders. The company has secured performance improvement and growth potential. By actively participating in the future car flow, it is expected to enjoy both performance improvement and growth. Products developed with leading technology are turning into orders as they meet future car trends. In fact, the sales proportion of ADAS and electric vehicles has been steadily increasing. Considering recent orders, the proportion of electric vehicle sales is expected to rise even faster in the future." He set Mando's target price at 41,000 KRW.


Over the past five days, individual investors have net purchased 1,180,302 shares of Mando, while foreigners and institutions have net sold 501,915 shares and 658,545 shares, respectively.



※Source: AI Investment Assistant AI Rassiro


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


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing