Mando is trading at 70,700 KRW as of 11:30 AM on the 23rd, up 1.87% from the previous day. The trading volume is 808,679 shares, which is 43.54% of the previous day's volume. Mando is known as an automotive parts manufacturer specializing in braking, steering, and suspension systems.


On March 19, Junho Park, a researcher at Hanwha Investment & Securities, stated, "① Continued high growth in the ADAS business, ② Increased supply volume to North American electric vehicle companies and acquisition of new customers, ③ Recovery of performance in the Chinese market, ④ High growth potential due to expanded supply of next-generation chassis products (IDB, Redundancy EPS, etc.). If ADAS customers expand significantly in the future, Mando is expected to be recognized as a global ADAS company, enabling additional valuation increases. Production increases in China, Europe, and the United States by these customers are planned, and Mando is expected to supply chassis products for some models." He set Mando's target price at 91,000 KRW.


Over the past five days, individual investors have net purchased 320,970 shares of Mando, while foreigners and institutions have net sold 313,003 shares and 16,916 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.

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