[Asia Economy Reporter Ji Yeon-jin] E-Hwa Electric, a specialist in medium and low voltage electrical equipment, recorded the upper price limit for the second consecutive day on the 16th, breaking its 52-week high.
On this day, E-Hwa Electric was traded at 351 won, up 30% from the early session. This is the 52-week high. The company closed the previous day’s trading at 270 won, up 29.81%.
E-Hwa Electric is showing a sharp rise as the possibility of domestic introduction of the Russian-developed COVID-19 vaccine 'Sputnik V' has been highlighted. E-Hwa Electric’s largest shareholder is E-Tron, which invested in the contract manufacturing company of Sputnik V. E-Tron continued to hit the upper price limit for four consecutive trading days from the 8th to the 15th. Over the past two weeks, E-Tron’s stock price has risen about 300%, and it is currently under a trading suspension.
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