Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Indus Lyallpur Limited (ILL) at ‘A-/A-2’ for medium to long-term and short-term obligations respectively, citing a stable financial outlook despite challenging condit…
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Indus Dyeing and Manufacturing Company Limited (IDMC) at ‘A+/A-1’ (Single A Plus/A-One). The medium to long term rating of ‘A+’ signifies good credit quality with ade…
Karachi: The KSE-100 index closed sharply higher in a bullish trading session, registering a significant gain of 1,751 points to settle at 88,946. Trading volumes also increased, with 758 million shares changing hands, up from 699 million in the previo…
Karachi: The first quarter of fiscal year 2025 is expected to bring mixed financial results for three major players in the cement industry. Cherat Cement Company Ltd (CHCC) and Lucky Cement Limited (LUCK) are anticipated to experience a drop in earning…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its ‘A’ long-term and ‘A1’ short-term ratings for Stylers International Limited, reflecting consistent performance and a stable outlook despite some shifts in product mix and pri…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Kohinoor Textile Mills Limited at ‘A+/A-1’. The long-term rating of ‘A+’ indicates a solid credit quality with adequate protection factors, though subject to variation from…