PCAL's CCV line commences commercial production

By MG News | September 13, 2023 at 12:46 PM GMT+05:00

0:00

September 13, 2023 (MLN): The management of Pakistan Cables Limited (PSX: PCAL) has announced the successful completion of the installation and commissioning of its Catenary Continuous Vulcanization (CCV) line, marking the commencement of commercial production.

The CVV line’s main purpose is to manufacture medium-voltage cables using German engineering and technology.

"As per our knowledge, the company’s CCV line has the highest voltage rating capability (69 KV) for cables in Pakistan," the notice further reads.

The company is engaged in the manufacturing of copper rods, wires, cables and conductors, aluminum extrusion profiles, and PVC compounds.

At the time of writing, PCAL’s share is being traded at Rs88.90, up by Rs3.40 or 3.98% as compared to the previous close.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	131,949.07 198.95M	0.97% 1262.41
ALLSHR	82,069.26 730.83M	0.94% 764.01
KSE30	40,387.76 80.88M	1.11% 442.31
KMI30	191,376.82 77.76M	0.36% 678.77
KMIALLSHR	55,193.97 350.11M	0.22% 119.82
BKTi	35,828.25 28.42M	3.64% 1259.85
OGTi	28,446.34 6.84M	-1.02% -293.01

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,125.00	110,525.00 107,865.00	-2290.00 -2.07%
BRENT CRUDE	68.51	68.89 67.75	-0.29 -0.42%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	0.75 0.78%
ROTTERDAM COAL MONTHLY	106.00	106.00 105.85	-2.20 -2.03%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.50	67.18 66.04	-0.50 -0.75%
SUGAR #11 WORLD	16.37	16.40 15.44	0.79 5.07%