[Market Focus] Robotics Business Expansion Anticipation... SL Rises Over 6%

SL's stock price is on the rise as expectations grow for the expansion of its robotics business.

As of 9:36 a.m. on September 11, SL was trading at 36,150 won, up 2,300 won (6.79%) from the previous trading day.

On this day, Daol Investment & Securities maintained its "Buy" rating and target price of 55,000 won for SL.

Yoo Jiwoong, a researcher at Daol Investment & Securities, stated, "We expect improved performance driven by the success of large vehicle models in the U.S. market, as well as momentum from entering the new robotics business. The company is rapidly emerging as a key player in Hyundai Motor Group's robotics value chain, and an increase in orders for robot components is anticipated in the second half of the year."

He added, "In particular, SL is currently supplying indicator sensors and leg chassis modules for the Stretch robot and quadruped robot being mass-produced by Boston Dynamics. The most critical factor is the humanoid robot, and SL is expected to quickly transition into a supplier for various areas such as batteries and chassis before the end of the year."