Business News

Karachi: Interloop Limited, a prominent player in Pakistan's textile industry, has maintained its 'Buy' rating with a projected target price of Rs104 by December 2025. Despite revising its earnings outlook for the first half of FY25, the company is pu...

The post Interloop Limited Maintains ‘Buy’ Rating Amid Expansion Plans appeared first on Pakistan Business News.

Karachi: PACRA has maintained its broker management rating for Spectrum Securities Limited at a BMR3+ level, reflecting a stable outlook. This was announced in a recent review of the company's performance in the equity brokerage sector.

According to...

The post PACRA Maintains Rating for Spectrum Securities Amid Market Growth appeared first on Pakistan Business News.

Karachi: Acting Chairman of the Employees Old Age Benefit Institution (EOBI), Javed A. Shaikh, announced plans to reinstate a help desk within the Korangi Association of Trade and Industry (KATI) and address pressing contribution issues. The announcem...

The post EOBI to Reinstate Help Desk and Address Contribution Issues, Says Acting Chairman appeared first on Pakistan Business News.

Karachi: The newly appointed Turkish Ambassador to Pakistan, Mr. Irfan Neziroglu, recently paid a visit to the Dawlance head office in Karachi to discuss potential investment opportunities between the two countries. The meeting, attended also by the C...

The post Turkish Ambassador Explores Investment Opportunities with Dawlance in Karachi appeared first on Pakistan Business News.

Karachi: Mughal Iron & Steel Industries Limited (MUGHAL) held a corporate briefing to discuss the financial results for the fiscal year 2024 and future projections. The company reported a 43% year-over-year decline in earnings amounting to Rs2 bil...

The post Mughal Iron & Steel Projects Growth Despite Earnings Decline appeared first on Pakistan Business News.

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the Broker Fiduciary Rating (BFR) of Spectrum Securities Limited at BFR 3+ with a stable outlook. The decision, disseminated on November 21, 2024, reflects the company's continu...

The post PACRA Affirms Stable Rating for Spectrum Securities Limited appeared first on Pakistan Business News.

Karachi: Attock Cement Pakistan Limited (ACPL) has signaled a challenging fiscal year ahead, with expectations of a 10% decline in cement dispatches for FY25. The company, which recently held a corporate briefing to analyze its financial results for F...

The post Attock Cement Projects Decline in Dispatches for FY25 Amid Strategic Investments appeared first on Pakistan Business News.