FLASHNEWS:

Day: July 25, 2023

AKD Securities Limited – Off the Analyst’s Desk (25 July 23)

Karachi, July 25, 2023 (PPI-OT): FFC: 2QCY23 Result ReviewFFC announced its 2QCY23 results wherein, they posted profit after tax of PkR5.3bn (EPS: PkR4.2/sh) vs. PkR3.4bn (EPS: PkR2.6/sh) in the SPLY, depicting an increase of 59.1%YoY. On a QoQ basis, …

AKD Securities Limited – AKD Daily Technical (25 July 2023)

Karachi, July 25, 2023 (PPI-OT): KSE-100: Index reaches 15 months’ highMarket View – TechnicalThe index opened on a positive note and remained volatile throughout the last trading session. The local bourse posted a high of 275pts and concluded with a g…

JS Securities Limited – JS Research (25 July 2023)

Karachi, July 25, 2023 (PPI-OT): HCAR: Management focused on preserving marginsHonda Atlas Cars Limited (HCAR), held its Analyst Briefing yesterday to discuss financial highlights for the year ended March 2023 (MY23) and outlook. HCAR posted MY23 EPS o…

AKD Securities Limited – AKD Daily (25 July 2023)

Karachi, July 25, 2023 (PPI-OT): EFERT 2QCY23 and HCAR 1QMY24 Result PreviewsEFERT-2QCY23 earnings expected to clock in at PkR3.87/sh: We expect EFERT to post a consolidated EPS of PkR3.87/sh against earnings of PkR3.30/sh in 1QCY23 and a loss of PkR0….

Taurus Securities Limited – Market Roundup (25 July 2023)

Karachi, July 25, 2023 (PPI-OT): KSE-100 up 134 points yesterday, to close at 46,055 with 299Mn shares being traded. Top performance as per price change was witnessed in SHEL, JDWS and KEL. Top decliners HCAR, PSMC and TGL. Activity was mainly concentr…

AKD Securities Limited – Off the Analyst’s Desk (25 July 2023)

Karachi, July 25, 2023 (PPI-OT): HCAR_1QMY24 Result Review – Striking ‘Other Income’ rescues earningsHonda Atlas Cars Limited (HCAR) announced its 1QMY24 results today where the company posted PAT of PkR145mn (EPS: PkR1.0) vs. LAT of PkR824mn (LPS: PkR…