As of 2:31 PM on the 23rd, Doosan Infracore is trading at 9,480 KRW, down 4.05% from the previous day. The trading volume is 12,584,829 shares, which is about 20.66% of the previous day's volume. Doosan Infracore is known as Doosan Group's construction machinery specialist.


On March 22, Samsung Securities researcher Han Youngsoo announced, "Doosan Infracore disclosed its split/merger plan. Doosan Infracore will be divided into an operating division (continuing entity) and an investment division (newly established entity). The latter will merge with Doosan Heavy Industries. Overall, this scenario is similar to what the market had anticipated. Additionally, specific split and merger ratios and preliminary split financial statements were disclosed. The market is expected to view this announcement as an event that reduces uncertainty. Recently, the valuation of the construction equipment sector has improved." He set the target price for Doosan Infracore at 12,000 KRW.


Over the past five days, individual investors have net sold 7,051,044 shares of Doosan Infracore, while foreigners and institutions have net bought 999,691 shares and 6,181,517 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 the financial AI specialist company Thinkpool.


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

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