TSE:6723Semiconductor
Renesas Electronics (TSE:6723) Could Be 31% Above Fair Value On Gujarat Facility Launch
The start of commercial production at CG Semi’s G1 OSAT facility in Gujarat puts Renesas Electronics (TSE:6723) in focus, as investors assess what this new India based capacity could mean for the stock.
See our latest analysis for Renesas Electronics.
Recent trading reflects this backdrop, with Renesas Electronics’ share price at ¥4,744, a 90 day share price return of 81.69% and a 1 year total shareholder return of 152.43%, suggesting strong momentum rather than a short term spike.
If you are...