[Featured Stock] Hyundai Elevator Rises for 5 Consecutive Days... Touches 60,000 Won Intraday
Hyundai Elevator continued its five-day winning streak, touching 60,000 KRW during trading.
As of 9:17 AM on the 16th, Hyundai Elevator is trading at 58,200 KRW, up 1,100 KRW (1.93%) from the previous day. It rose as high as 60,500 KRW during the session, setting a new 52-week high.
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Hyundai Elevator's stock price has been strong following the announcement of its value-up plan to enhance corporate value. On the 12th, Hyundai Elevator announced its value-up targets to achieve a return on equity (ROE) of 15% and a shareholder return ratio of 50% by 2027. The company plans to increase ROE by securing business profitability and raise the price-to-book ratio (PBR) to 2 times by increasing the price-to-earnings ratio (PER) through shareholder return policies. The day after the value-up plan announcement, on the 13th, Hyundai Elevator's stock price surged more than 13%.
![[Featured Stock] Hyundai Elevator Rises for 5 Consecutive Days... Touches 60,000 Won Intraday](http://www.asiae.co.kr/news/img_view.htm?img=2024072208164559128_1721603806.jpg)
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