Karachi: The automotive industry in Pakistan is expected to see a 7% year-over-year increase in sales for the three major auto manufacturers in August 2024, totaling 6.9 thousand units. Despite the overall growth, Pak Suzuki Motor Company is anticipate…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its ratings for Din Textile Mills Limited (DTML) at ‘A-‘ for the long term and ‘A2’ for the short term, reflecting a stable outlook. This decision comes as the company continues …
Islamabad: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the Mahaana Islamic Cash Fund at ‘AA+(f)’ with a stable outlook, highlighting its strong credit quality and prudent investment strategy focused on Shari…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its ratings for Bestway Cement Limited, affirming both its long-term and short-term ratings at ‘AA-‘ and ‘A1+’ respectively, with a stable outlook, mirroring assessments from the…
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Chashma Sugar Mills Limited (CSML) at ‘A-/A-2’, reflecting a stable outlook and a good credit quality. The medium to long-term rating of ‘A-‘ suggests adequate protec…
Karachi: VIS Credit Rating Company Ltd. (VIS) has reaffirmed the Broker Management Rating for Investment Managers Securities Private Limited (IMSPL) at ‘BMR3’, indicating a stable outlook. The confirmation, announced initially on May 30, 2023, reflects…