Karachi: VIS Credit Rating Company Limited has assigned an initial Fund Stability Rating of A+(f) to Faysal Islamic Financial Growth Plan-I, indicating a moderate degree of stability in its Net Asset Value amidst varying economic conditions. This marks…
Karachi: Growth Securities (Pvt) Limited received its initial Broker Fiduciary Rating of BFR3+ from VIS Credit Rating Company Ltd., indicating good fiduciary standards with a stable outlook. This assessment reflects the company’s sound business practic…
Karachi: Engro Corporation (ENGRO) reported consolidated earnings from continued operations amounting to Rs2.24 billion (EPS: Rs1.6) for the second quarter of the 2024 fiscal year. This performance is part of a broader restructuring and divestment stra…
New York: Energy Innovations Group announced today the launch of a new series of advanced solar panels designed to significantly increase the efficiency and capacity of renewable energy sources across the United States. The unveiling event highlighted …
Karachi: TPL Properties Limited has maintained its credit ratings on a PKR 1.575 billion debt instrument, reflecting stable financial metrics and progress in its real estate development projects. The company, recognized for its longstanding presence in…
Karachi: In a volatile trading session, the Pakistan Stock Exchange (PSX) experienced significant fluctuations, initially peaking before succumbing to profit-taking and rumors about delays in the IMF program. The KSE-100 index closed with a decrease, a…