[Special Stock] SNT Motive Rises on Expectations of Stable Earnings through Business Diversification

The stock price of SNT Motive is on the rise. The expectation that earnings will be stable due to business diversification appears to be influencing the stock price.

As of 9:30 AM on the 9th, SNT Motive is trading at 47,450 KRW, up 5.09% from the previous day.

Nam Ju-shin, a researcher at DB Financial Investment, stated, "SNT Motive has diversified its business portfolio into electric vehicle and hybrid vehicle parts, defense, and semiconductor equipment, maintaining a stable business structure. Since electric vehicle demand is expected to stagnate for the time being, the performance in the defense and semiconductor equipment sectors will offset the automotive parts segment's results." He added, "We also note the possibility of securing new production model orders through references from Hyundai Motor Group and GM."