HANA shares closed up 22.01% at 48.50 baht after second-quarter results beat expectations and the stock was selected for inclusion in the MSCI Small Cap Index. Trading value reached 5.458 billion baht, the third highest on the market. DELTA closed at 277 baht, up 7 baht, on turnover of 6.108 billion baht. Several analysts raised their target prices for HANA to a range of 46.00 to 54.00 baht, but the current price is starting to look stretched and carries short-term correction risk. They recommend waiting for a pullback to the 43.00 to 45.00 baht support zone before accumulating. Investors holding the stock at low cost may consider selling part of their position to lock in profits. When comparing HANA and DELTA, HANA suits value investors focused on upside and dividends, while DELTA suits momentum investors riding the AI and data center theme, even though its valuation is much more expensive.
Hana Microelectronics Public Company LimitedQ2 results beat expectations and MSCI inclusion, with analysts raising target prices.
