Indus Motor suspends operations due to raw material shortage

MG News | November 26, 2024 at 03:56 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

November 26, 2024 (MLN): Indus Motor Company Limited (PSX: INDU) has decided to temporarily suspend operations at its production facility from November 27, 2024, to November 29, 2024.

This decision comes as the company is currently facing a shortage of raw materials and components, further exacerbated by ongoing supply chain disruptions.

Consequently, the company is encountering difficulties in sourcing the necessary parts for vehicle production, which has impacted its ability to meet production targets.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	174,929.69 192.17M	0.09% 153.09
ALLSHR	106,206.57 625.76M	0.09% 93.53
KSE30	52,185.07 72.43M	0.10% 50.80
KMI30	249,562.17 79.87M	0.08% 193.39
KMIALLSHR	68,658.82 425.84M	0.06% 42.70
BKTi	48,975.28 23.92M	-0.05% -25.16
OGTi	35,516.28 5.67M	-0.41% -147.93

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	81,260.00	81,715.00 77,160.00	3680.00 4.74%
BRENT CRUDE	95.59	97.62 94.03	-0.04 -0.04%
RICHARDS BAY COAL MONTHLY	126.75	126.75 126.75	2.65 2.14%
ROTTERDAM COAL MONTHLY	136.50	136.50 135.25	0.70 0.52%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	91.40	93.14 89.57	0.39 0.43%
SUGAR #11 WORLD	17.99	18.67 17.65	-0.71 -3.80%