equity News
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IPO roadmap set for Service Long March Tyres
The Securities and Exchange Commission of Pakistan (SECP) and the Pakistan Stock Exchange Limited (PSX) have approved the issuance, circulation, and publication of the prospectus for the initial public offering (IPO) of 389,738,038 ordinary shares of Service Long March Tyres Limited.
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TRG loses Supreme Court appeal
The Supreme Court of Pakistan has dismissed appeals filed by the TRG Pakistan Limited, The Resource Group International Limited, and Greentree Holdings Limited against a 2025 ruling of the Sindh High Court that cancelled Greentree’s 30% shareholding in TRG Pakistan.
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Sitara Petroleum: The IPO That Glitters, But Does It Hold?
Sitara Petroleum Services Limited (SPSL) is pitching a transformation story that feels almost too good to ignore. Revenue tripled in a year. Net profit surged an eye-catching 1,370%. Shares are being offered at a floor price of PKR 13.50, marketed as a steep discount to a ‘fair value’ of PKR 22.83. On the surface, it reads like a rare bargain in Pakistan’s energy space.
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GTYR slips into red in 9MFY26
Ghandhara Tyre & Rubber Company Limited (PSX: GTYR) swung to a loss for the period of Rs343.58m for the nine months ended March 31, 2026, compared to a profit of Rs63.79m in the corresponding period last year, showing a significant deterioration in the overall earnings base.
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Service Industries Textiles loss widens 14% in 9MFY26
Service Industries Textiles Limited (PSX: SERT) reported a 14.35% widening in net loss for the period for the nine months ended March 31, 2026, recording a loss of Rs71.81m compared to a loss of Rs62.80m in the corresponding period last year.
Go to article| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 169,663.65 308.47M | -0.49% -842.67 |
| ALLSHR | 102,117.20 707.92M | -0.47% -480.79 |
| KSE30 | 50,771.85 56.55M | -0.49% -249.17 |
| KMI30 | 244,200.56 181.18M | -0.22% -535.72 |
| KMIALLSHR | 66,513.40 382.12M | -0.39% -257.45 |
| BKTi | 46,464.78 20.13M | -0.87% -409.32 |
| OGTi | 35,705.38 9.04M | 0.24% 84.13 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 81,080.00 | 82,215.00 80,840.00 | -1105.00 -1.34% |
| BRENT CRUDE | 106.35 | 106.60 104.23 | 2.14 2.05% |
| RICHARDS BAY COAL MONTHLY | 110.00 | 0.00 0.00 | -5.00 -4.35% |
| ROTTERDAM COAL MONTHLY | 109.70 | 0.00 0.00 | -0.15 -0.14% |
| USD RBD PALM OLEIN | 1,191.50 | 1,191.50 1,191.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 100.56 | 100.71 98.00 | 2.49 2.54% |
| SUGAR #11 WORLD | 15.02 | 15.03 14.98 | 0.11 0.74% |
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Pakistan Stock Movers
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