HCAR extends plant shutdown to November 7

News Image

MG News | October 31, 2023 at 10:08 AM GMT+05:00

0:00

October 31, 2023 (MLN): Honda Atlas Cars (Pakistan) Limited (PSX: HCAR) has decided to extend its plant shutdown from November 01 to November 07, 2023, the company's filing on the local bourse revealed today.

In a notice sent to PSX today, the company stated that the current level of inventory and parts of the company's supply chain have been severely affected.

As a result, HCAR will have to observe a partial shutdown.

"In case of any change in plan will be updated accordingly," the notice further reads.

To recall, HCAR announced on October 18 that it would temporarily cease operations from October 24 to October 31, 2023.

The company’s principal activities are assembling and progressive manufacturing and sale of Honda vehicles and spare parts.

At the time of writing, the company's share is being traded at Rs186, up by 3.51 rupees or 1.92% DoD.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 148,617.78
624.60M
0.86%
1274.27
ALLSHR 91,685.08
1,340.28M
0.74%
669.39
KSE30 45,247.79
197.43M
0.83%
370.74
KMI30 212,370.79
224.51M
1.05%
2209.48
KMIALLSHR 61,227.89
711.87M
1.18%
715.56
BKTi 41,264.02
160.39M
0.54%
221.73
OGTi 30,019.10
23.63M
0.64%
190.41
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,265.00 113,390.00
108,020.00
-4475.00
-3.97%
BRENT CRUDE 67.46 67.94
67.29
-0.52
-0.76%
RICHARDS BAY COAL MONTHLY 88.70 88.70
88.70
-0.75
-0.84%
ROTTERDAM COAL MONTHLY 96.15 96.75
96.00
-0.40
-0.41%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 64.01 64.55
63.88
-0.59
-0.91%
SUGAR #11 WORLD 16.34 16.52
16.33
-0.14
-0.85%

Chart of the Day


Latest News
August 30, 2025 at 04:28 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


August 29, 2025 at 06:04 PM GMT+05:00

SCRA inflows offset Rs8.5bn net selling


August 29, 2025 at 05:46 PM GMT+05:00

SECP cuts bonus, right issue timelines



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg