Stocks in Focus

DongshinEngineering&Construction Rises for the Second Consecutive Day on News of a Contract for KEPCO Substation Construction [Featured Stock]

[Edaily Reporter Hyera Lee ] DongshinEngineering&Construction(025950)has hit the daily price limit early in the session.
According to MP Doctor on the 2nd, as of 9:06 a.m. today, DongshinEngineering&Construction is trading at 17,910 won, up 29.97% from the previous trading day. The stock has hit the daily price limit for two consecutive trading days.
This is believed to be driven by buying interest following news yesterday of a contract with KoreaElectricPower Corporation (KEPCO) for substation construction. DongshinEngineering&Construction announced yesterday that it had signed a supply contract with KEPCO worth approximately 10.9 billion won for civil engineering work on the 154-kilovolt (kV) Sani Substation. The contract amount represents 32.65% of the company’s most recent revenue.

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