EPCL 4QCY24 Preview – Loss expected as energy cost burden intensifies
We expect Engro Polymer & Chemicals Ltd. (EPCL) to post a loss of PkR634mn (LPS: PkR0.7) in 4QCY24E, compared to a profit of PkR3.5bn (EPS: PkR3.7) in SPLY. We expect…
SPL achieves 7.5pc profit growth for H1 FY2024-25
Security Papers Limited (SPL) has announced its unaudited financial results for the half year ended December 31, 2024. The company has achieved robust growth, with a remarkable 7.5% rise in…
CDC Share Registrar launches Industry-First WhatsApp E-Voting Solution
CDC Share Registrar Services Limited, a wholly owned subsidiary of Central Depository Company of Pakistan Limited, proudly announces the launch of its latest innovation: E-Voting through WhatsApp. This revolutionary feature…
Hub Power Co – markets said a higher payout could not be ruled out for 2QFY25
Hub Power Company Ltd (HUBC) is expected to report a consolidated profit after tax of PKR10.1bn (EPS: PKR7.75) for 2QFY25, which will be a sharp decline of 47% QoQ and…
A review of Siemens (Pakistan) Engineering in FY24
Siemens (Pakistan) Engineering held its corporate briefing session to discuss annual results and provide insight into the outlook for the future. The key takeaways from the call are as follows:…
Pak Elektron Limited: looks promising
We reiterate our Buy stance on Pak Elektron (PAEL) with a Dec 2025 Target Price (TP) of Rs58/share, offering a potential upside of 38%. We are revising up our earning…
ENGRO & DAWH – Restructuring process to conclude soon
• Engro Corporation Limited (ENGRO) and Dawood Hercules Corporation Limited (DAWH) are set to finalize the restructuring process in line with the Scheme of Arrangement. Both companies have completed the regulatory…
Experts expect Murree Brewery Company sales will grow
Murree Brewery (MUREB) is one of the alpha stocks we recommended in our Strategy Report 2025 dated Nov 16, 2024. Our Dec-2025 Target Price of Rs1,505/share offers a potential total…
Experts set PSX Index Target of 151,000 points in 2025
After an exceptional 78% YoY growth in 2024 (USD-based return: 79%), Pakistan’s KSE100 index is well-positioned for continued robust performance in 2025. With a year-end target of 151,000 points (+38%…
The recent correction in the PSX index presents a valuable opportunity for investors.
The KSE100 index has declined by 9,894 points (-8.5%) from its peak of 116,169 (16-Dec-2024) to 106,275. The sharp decline can be attributed to profit-taking combined with redemptions in mutual…
HUBC shareholder agreement signed with Mega Conglomerate
According to a PSX notice, Hub Power Holding Ltd (HPHL), a wholly-owned subsidiary of The Hub Power Company Ltd (HUBC), has signed a shareholders' agreement with Mega Conglomerate (Private) Ltd…
FCEPL selected Reon Energy to establish a 3.4 MW solar power plant at its Sahiwal
FrieslandCampina Engro Pakistan Limited (FCEPL) held its corporate briefing session today to discuss 9MCY24 financial results and provide insights on the future outlook. The key takeaways from the call are…
PSX surpasses 100,000: A historic milestone
According to Arif Habib Limited, PSX has surged past 100,000, reflecting a 150% return in just 16 months from 40k to 100k. It is the best-performing market globally for 2024,…
Ferozsons Laboratories has begun implementing price increases on selected products
Ferozsons Laboratories Limited. (FEROZ) held its corporate briefing today to discuss its FY24 & 1QFY25 financial results and future outlook. The following are the key highlights, as reported by AKD…
Treet Trading LLC established to trade the Treet Corporation’s products in the UAE
Treet Corporation Ltd. (TREET) held its corporate briefing today to discuss FY24 financial results and outlook. The AKD Research has covered the briefing, and salient features are below:- The company’s…
IBL HealthCare is launching new medical equipment, including Surgical Tapes and blades
IBL HealthCare Ltd. (IBLHL) held its corporate briefing today to discuss its FY24 financial results and future outlook. The following are the key highlights: The company posted a topline of…
Unity Foods exports increased to 7.86bn in FY24
Unity Foods (UNITY) conducted an analyst briefing today to discuss its business performance and future outlook. The company posted revenue of Rs83bn in FY24, with 48%, 27%, 13%, and 11%…
IBEX repurchased shares worth US$70mn from TRG International
TRG Pakistan (TRG) Pakistan has notified that its associate, The Resource Group International (TRGI), has entered into a definitive agreement with its portfolio company, IBEX Limited (Nasdaq: IBEX), under which…
Organic Meat Company announced a Right Issue of 30mn shares
Organic Meat Company Limited (TOMCL) has announced a Right Issue of 30mn shares at PKR 27/—per share (inclusive of PKR 17/—premium), raising PKR 810mn to fund strategic initiatives. The Right…
Pakistan Index likely to reach 127k by Dec 2025; Topline Research anticipates
Fueled by economic stability and fiscal consolidation, Pakistan Stock Market (PSX) is set to touch 127k by Dec 2025, suggesting a return of 37%, including a dividend yield of 10%.…
Macpac Films Limited Corporate Briefing Summary
In their recent corporate briefing, Macpac Films Limited (MACFL) reviewed their performance for the fiscal year 2024 and the first quarter of 2025. Founded in 1993 by Mr. Maqbool Elahi…
Fast Cables BMR activity, as outlined in the IPO plan, remains on track
Fast Cables Ltd (FCL) held its analyst briefing earlier today to brief investors about FY24 results and future outlook: The company reported an NPAT of PkR1.89bn (EPS: PkR3.0) during FY24,…
Trump’s re-election could be (initially) a net positive for Pakistan: IMS Research
Donald Trump’s second term as the US President is expected to profoundly impact geopolitics and global asset/commodity prices, which would ultimately have implications for the ongoing macro recovery in Pakistan.…
HUBC and PSO sign an MoU to set up EV charging network across Pakistan.
Hub Power Holdings Ltd (HUBCO/HPHL) and Pakistan State Oil (PSO) have signed an MoU to jointly establish an electric vehicle (EV) charging network across Pakistan. The partnership aligns with GoP…
KSE100 surged ahead and moved in new high territories during October: Spectrum Research
KSE100 surged ahead and moved in new high territories during October and recorded its highest monthly increase of 9.7% (+7852 points to close at 88,966) since Nov 2023. The market…