In a notification sent to the PSX on 26/06/2024, Ibrahim Fibres Limited (IBFL) reported a transaction by a substantial shareholder.
The transaction was carried out by Ibrahim Holdings Pvt Ltd, who is a substantial shareholder. They sold a total of 10,312 shares of the company at a price of Rs. 400.00 per share. The total amount for this transaction stands at Rs. 4,124,800.
An insider buying stock in a company is often interpreted as a positive signal by investors. It suggests that those with intimate knowledge of the company’s operations and prospects believe the stock is undervalued or poised for growth, leading to a positive impact on the stock price.
IBFL shares were last trading at Rs. 400 today.
AGP Limited (AGP) monthly market structure is showing strong bullish trend. Even this stock broke…
When a dividend is paid, the share price drops by approximately the same amount because…
On November 5, 2024, Mughal Iron & Steel Industries Limited (MUGHAL) announced a unique rights…
How to analyze pharma sector companies in PSX. Pakistan's pharma sector is considered a complicated…
Shifa International (SHFA) has already rallied 150%, but there is still more upside to the…
Habib Metropolitan Bank Limited (HMB) recently released its second-quarter results for 2024, revealing a mixed…