Inflation expected to drop to 13.1% in May 2024
Inflation in Pakistan is projected to decrease significantly to 13.1% in May 2024, compared to 17.3% in April 2024.
THALL reports 23% decline in revenue for 9 months of FY24
The Company has announced a significant drop in revenue for the first nine months of FY24.
MEBL target price maintained at Rs 196 per share
The research house has raised its Dec 24 MEBL target price to Rs.196 per share.
Textile exports decline by 5% in April 2024
textile exports were approximately USD 1.2 billion. Despite a steady increase over the past five months, this represents a 5% decrease compared to March...
Pakistan’s LSMI shows modest growth in March 2024
Pakistan Bureau of Statistics released data indicating a 2.0% year-on-year increase in the production levels of Large Scale Manufacturing Industries (LSMI)
Snippets from MEBL Q1 CY24 earnings call
MEBL reported an unconsolidated EPS of PKR 14.2, marking a significant 65% year-over-year
Inflation expected to trend downwards in May
The latest data suggests a notable decline in headline inflation for May 2024 compared to the previous month
AAH initiates FCCL coverage with a target price of Rs. 31
Fauji Cement Company Ltd (FCCL), raising its target price to Rs. 31 per share for December 2024, reflecting a potential upside of 35%.