Amreli Steel Ltd (ASTL) and Mughal Iron & Steel Industries Ltd (MUGHAL) with new DCF based June 2023 TP of PKR44/sh and PKR 131/sh, respectively. Experts have updated their estimates…
MLCF had signed a contract with Chengdu Design & Research Institute, China, to supply 7,000 metric tons a day (2.1mn tons p.a.) grey clinker line in late March last year,…
Arif Habib Limited (AHL) arranged a special session of MLCF with its clients and representatives of the investor community, for the company management to shed light on the changing dynamics…
Cement dispatches declined by 4.75 percent in February 2022. Total Cement dispatches during February 2022 were 4.36 million tons against 4.57 million tons dispatched during the same month of last…
According to the data released by All Pakistan Cement Manufacturers Association (APCMA), local cement dispatches by the industry during the month of November2021 were 4.124 million tons compared to 3.742…
Gharibwal Cement Limited is implementing an expansion program to augment its capacity. Mr Shamail Javed, Chief Financial Officer (CFO) of the Company, disclosed it during a corporate briefing session of…
Fauji Cement Company Limited (FCCL) has informed Pakistan Stock Exchange (PSX) that consequent to construction activity picking up and significant spend on infrastructure, expected to continue, the Company's board of…
Kohat Cement Company Ltd in Pakistan announced that Board of Directors of the Company in its meeting held today have approved, subject to all regulatory approvals, setting up of 7,800…
Lucky Cement announced to enhance its cement production capacity at its Pezu Plant by 3.15 million tons per annum, to keep pace with the increasing demand in the domestic cement…
Pakistan cement industry ended fiscal 2017-18 on a jubilant note, posting yearly growth of 13.84%; with domestic consumption increasing by 15.42% and exports inching up by 1.77% – first time in…
Bullish trend in cement dispatches continued unabated in April 2018 and buoyancy in exports was an icing on the cake as exports increased for the second month by over 81…
National Bank of Pakistan (NBP) bagged eight awards at the two prestigious CSR Summit and Award ceremonies, organized in Karachi and Islamabad respectively. Impressed by NBP's vision and implementation of…
Domestic consumption of cement increased by a whopping 37.3 percent in January 2018 on year-on-year basis as the construction activities continued to lead the economy and employment of both skilled…
Cement consumption continued to surge in October 2017 as the monthly despatches of the commodity reached a record high of 4.222 million tons, which is 19.71 percent higher than 3.526…
Uptake of cement in the domestic market accelerated to 10.90 percent in May 2017 while exports continue to mar the performance of the cement sector registering a decline of 44.58…
