equity News
MTL earnings forecasts raised up to 45% on strong margins
Earnings estimates for Millat Tractors Limited (MTL) have been revised upward by an average of approximately 45% for FY26E–FY28F to Rs49.1, Rs68.5, and Rs77.9 per share, from earlier projections of Rs29.1, Rs35.2, and Rs42.6 per share respectively, driven by higher-than-expected gross profit margins, according to Topline Securities.
Go to article_20260429082432980_e87eb8.jpeg?width=300&height=150&format=Webp)
Pakistan’s largest IPO debuts on PSX
Service Long March Tyres Limited (SLM), Pakistan’s largest Truck and Bus Radial (TBR) tyre manufacturer, has successfully completed its Initial Public Offering (IPO), attracting unprecedented investor participation and setting multiple new benchmarks in Pakistan’s capital markets.
Go to article
Pace expands capital base by 140m shares
Pace (Pakistan) Limited increased its paid-up capital from 309,862,893 shares to 450,021,219 shares after CDC allotted and credited 140,158,326 shares to certain persons/entities against non-cash consideration comprising conversion of long-outstanding TFCs, financial liabilities and a property.
Go to article
SPSL profit near-doubles in 9MFY26
A near-doubling of net profit marked a standout nine-month performance for Sitara Petroleum Service Limited (PSX: SPSL), as the company's consolidated profit for the period ended March 31, 2026 surged 90% to Rs4.41bn compared to Rs2.32bn in the corresponding period last year.
Go to article
GCWL opens 0.50% right issue of PRS at Rs100
Ghani ChemWorld Limited (GCWL) has declared a right issue of 1,250,719 Partially Redeemable Shares (PRS) at Rs100 per share at par, with a total issue size of Rs125,071,900, as communicated to the Pakistan Stock Exchange vide letter dated June 09, 2026, and notified by PSX through notice on June 11, 2026.
Go to article| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 180,392.98 610.92M | 1.89% 3353.15 |
| ALLSHR | 108,164.81 1,218.64M | 1.62% 1725.65 |
| KSE30 | 53,921.42 273.38M | 1.95% 1030.99 |
| KMI30 | 256,900.46 245.46M | 1.35% 3425.80 |
| KMIALLSHR | 69,949.43 735.02M | 1.15% 794.76 |
| BKTi | 49,914.69 75.35M | 3.58% 1722.97 |
| OGTi | 36,322.92 15.57M | 1.25% 446.83 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 66,435.00 | 67,010.00 65,690.00 | -140.00 -0.21% |
| BRENT CRUDE | 80.92 | 83.80 80.86 | -2.25 -2.71% |
| RICHARDS BAY COAL MONTHLY | 123.00 | 0.00 0.00 | 5.25 4.46% |
| ROTTERDAM COAL MONTHLY | 125.05 | 125.05 125.00 | -0.90 -0.71% |
| USD RBD PALM OLEIN | 1,157.50 | 1,157.50 1,157.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 78.26 | 81.58 78.20 | -2.49 -3.08% |
| SUGAR #11 WORLD | 14.10 | 14.20 14.05 | -0.09 -0.63% |
Latest News
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|