SLGL down 25% since IPO. Here’s what you should know about the company
The company recently raised approximately PKR 1.19 billion in equity through a combination of pre-IPO placement and IPO by listing on the Pakistan Stock Exchange.
Pakistan’s GDP Shows Positive Growth in 3QFY24
The National Accounts Committee (NAC) has released GDP estimates for the third quarter of FY24, indicating a growth of 2.09%, a significant improvement from the...
Pakistan’s Cotton Industry: Current State and Challenges
Cotton, often referred to as "white gold," plays a crucial role in Pakistan's economy. It is the country's second major crop, contributing approximately 0.3% to...
AKD Research reiterates buy ratings for OGDC
AKD Research has just released an update on its coverage of Oil & Gas Development Company Ltd (OGDC). The research house has reiterated its Dec...
Cement dispatches decline by 25% in April 2024
In April 2024, cement dispatches in Pakistan fell to 2.94 million tons, showing no year-over-year growth but a significant 25% month-over-month decline.
IPPs capacity payments projected to rise by 33pc to Rs2.8tr in next fiscal year
Consumers in Pakistan are bracing for higher electricity bills as independent power producers (IPPs) anticipate a significant increase in capacity payments. In the fiscal year...
PABC reports strong earnings for 2023
PABC reported impressive net earnings of Rs13.90 per share for CY23, marking an 86% year-on-year increase.
OGRA recommends a decrease in gas prices for FY25, SNGP Petition Denied
The Oil and Gas Regulatory Authority (OGRA) has made a significant decision regarding gas prices for the fiscal year 2025