As of 9:30 AM on the 24th, Doosan Infracore is trading at 9,370 KRW, up 0.64% from the previous day. The trading volume is 2,059,314 shares, which is about 14.09% of the previous day's volume. Doosan Infracore is known as Doosan Group's construction machinery specialist.


On March 22, Youngsoo Han, a researcher at Samsung Securities, announced, "Doosan Infracore disclosed its plan for division/merger. Doosan Infracore will be split 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 expected. Additionally, specific division and merger ratios and preliminary segmented financial statements were disclosed. The market is likely to view this disclosure 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 6,217,142 shares of Doosan Infracore, while foreign investors and institutions have net bought 720,719 shares and 5,636,773 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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