Lahore: Azerbaijan is set to strengthen its economic ties with Pakistan by opening a Trade Center in Lahore, marking a significant step towards enhancing bilateral trade, investment, and business-to-business relations. The announcement was made by Kha…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Lahore Sialkot Motorway Infrastructure Management (Pvt.) Limited (LSMIML) at ‘A-/A2’, reflecting strong credit quality and a stable outlook. This decision underscores the …
Karachi: VIS Credit Rating Company Limited has withdrawn the entity ratings assigned to Cotton Web Limited, effective immediately, following the management’s decision to discontinue the ratings. The previous rating action for the company was announced…
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has assigned initial ratings to Pak Elektron Limited (PEL) for its debt instrument, PPSTS II, valued at PKR 2 billion with a maturity date of December 2024. The ratings are A+ for the long term…
Karachi: Pakistan Aluminium Beverages Can Ltd (PABC) has had its stock rating downgraded to “Underperform” following a significant stock price increase. The target price for December 2025 has been set at Rs100, indicating a potential 19% decline.
Ac…
Karachi: The entity ratings of Shirazi Investments (Private) Limited have been reaffirmed at ‘AA/A1+’ by VIS Credit Rating Company Limited, maintaining a stable outlook. These ratings indicate the company’s high credit quality and strong protection fa…