Islamabad: The Pakistan Credit Rating Agency Limited (PACRA) has retained the entity ratings of My Petroleum (Pvt.) Limited, affirming its long-term rating at BBB+ and short-term at A2 with a stable outlook. The decision reflects the consistent financi…
Karachi: The Karachi Stock Exchange experienced another day of broad market sell-offs as the benchmark KSE-100 index closed at 81,292 points, down by 365.84 points. The index opened in positive territory, reaching an intraday high of 81,843, but it fal…
Thatta: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the long-term and short-term entity ratings of Gul Ahmed Wind Power Limited (GAWPL) at A+ and A1 respectively, signifying a stable outlook for the company. GAWPL, which operates a…
Karachi: Pak Elektron Limited (PAEL) announced a positive financial trajectory and strategic focus towards the North American export market during its latest analyst briefing. The company recorded a significant rise in its earnings per share (EPS) for …
Karachi: International Steels Limited (ISL) detailed its financial performance and future outlook during a corporate briefing held yesterday. The company reported a significant decline in its fourth-quarter earnings per share (EPS) of Rs1.37, a 69% dec…
Karachi: The Credit Rating Agency (CRA) has maintained the Broker Fiduciary Rating (BFR) of Optimus Capital Management (Pvt.) Limited at BFR 2 with a stable outlook. The affirmation reflects the company’s consistent performance and adherence to regulat…
Karachi: VIS Credit Ratings Company Limited has announced the withdrawal of the entity rating ‘A/A-2’ for Masood Textile Mills Limited, effective immediately. This decision comes directly from the management’s choice to discontinue their engagement wit…