In a notification sent to the PSX on 06/03/2024, Indus Motor Company Limited(INDU) announced that it was closing its production plant.
The company has decided to close its production plant due to supply chain issues, citing ‘shortage of parts and components for manufacturing of vehicles’ as the reason for the closure.
The plant will remain closed from 6th March 2024 to 11th March 2024.
If any change is made to this plan, the company will announce it to shareholders beforehand.
INDU shares last closed at Rs. 1549.36.
Shifa International (SHFA) has already rallied 150%, but there is still more upside to the…
The closure of the Hub Power Company Limited (HUBC) plant marks a significant shift in…
Fatima's 2QCY24 financial performance reflects a challenging quarter, marked by a significant decline in profitability…
Habib Metropolitan Bank Limited (HMB) recently released its second-quarter results for 2024, revealing a mixed…
In the oil and gas sector, the longevity of reserves is a critical measure of…
Cherat Cement Company Limited (CHCC) has recently released its financial results for the fourth quarter…