Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its ratings for Nimir Resins Limited (NRL), recognizing the company’s robust market position and credible operational framework in the competitive resin industry. Despite a chall…
Karachi: NIMIR Industrial Chemicals Limited (NICL), a prominent player in the oleochemicals and chlor alkali product sectors, continues to navigate a complex economic environment with strategic adaptability. Despite facing macroeconomic challenges such…
Karachi: The VIS Credit Rating Company Limited (VIS) has issued an initial Fund Stability Rating (FSR) of ‘AA(f)’ to Faysal Islamic Sovereign Plan-I (FISP-1), indicating a high degree of stability in the fund’s Net Asset Value. This rating reflects mod…
Karachi: The cement sector recorded a downturn in June 2024, with dispatches falling to 3.55 million tons, marking a 13% year-over-year and a 17% month-over-month decrease. This contributed to an annual tally of 45.29 million tons for FY24, which, desp…
Karachi: The VIS Credit Rating Company Limited (VIS) has affirmed the entity ratings of The Searle Company Limited (TSCL) at ‘AA-/A-1’, reflecting high credit quality and a stable financial outlook. The long-term ‘AA-‘ rating denotes strong protection …
Karachi: VIS Credit Rating Company Ltd. (VIS) has reaffirmed the Broker Fiduciary Rating of Multiline Securities Limited (MSL) at ‘BFR3+’, indicating a stable outlook. This announcement follows the previous rating action from May 2, 2023, underscoring …