Karachi: VIS Credit Rating Company Ltd. has affirmed the entity ratings of Taurus Securities Limited at ‘A/A-2’ and upgraded the outlook from ‘Negative’ to ‘Stable’. This update reflects the company’s sustained creditworthiness amid improved financial …
Karachi: The stock market witnessed continued upward momentum as the KSE-100 index hit a new record, closing at 82,722, an increase of 755 points. Major companies listed revealed specific strategies aimed at capitalizing on this bullish trend. The mark…
Karachi: VIS Credit Rating Company Limited has concluded the maturity rating of the Short Term Sukuk-2 issued by JDW Sugar Mills Limited, signaling the completion of the instrument valued at PKR 5.0 billion.According to VIS Credit Rating Company Limite…
Islamabad: Pakistan’s inflation rates have significantly decreased, hitting a nearly four-year low in September 2024, as the Consumer Price Index (CPI) fell to 6.9%, the lowest rate since January 2021. This decline is attributed to a combination of a f…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Punjab Thermal Power (Private) Limited at ‘AA’ for the medium to long term and ‘A-1’ for the short term, indicating a stable and high-quality credit status. The ratings ref…
Karachi: VIS Credit Rating Company Limited has downgraded the entity ratings of Sitara Textile Industries Limited (STIL) from ‘BBB+/A-2’ to ‘BB+/A-3’. The revision reflects concerns over the company’s ability to meet its financial obligations, particul…