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Nishat Mills secures approval to sell 49% Nishat Sutas Dairy stake for Rs2bn

Pakistan Stock Exchange-listed Nishat Mills Limited (PSX: NML) has secured shareholder approval to divest its entire shareholding in associated company Nishat Sutas Dairy Limited (NSDL) to Turkish dairy firm Sütaş Süt Ürünleri A.Ş.

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Nishat Mills signs deal for 20MW solar plant, 35MWh battery storage

Nishat Mills Limited (PSX: NML) has signed an agreement with EBR Energy Pakistan (Pvt.) Limited, Sungrow Power Supply Co. Ltd., China, and Pragmatic Engineering Solutions FZE for the supply and erection of a 20MW PV solar power plant and a 35MWH Battery Energy Storage System (BESS) at its plants located at Bekhi and Ferozwatwan, Sheikhpura-Faisalabad Road.

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Nishat Mills to divest entire stake in Nishat Sutas Dairy

Nishat Mills Limited (PSX:NML) has decided to exit its investment in Nishat Sutas Dairy Limited (NSDL), an associated company established as a joint venture with Sütaş Süt Ürünleri A.Ş., Türkiye, citing prevailing market and regulatory conditions affecting the dairy industry and the consequent strain on NSDL's financial position.

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Nishat Mills enters Pakistan’s EV market with Omoda, Jaecoo launch

Nishat Mills Limited (PSX: NML), the flagship company of the Nishat Group, has expanded into the electric vehicle market through its subsidiary, NexGen Auto...

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NML to establish new private limited company in UK

The Board of Directors of Nishat Mills Limited (PSX: NML) has accorded its approval to the incorporation of a private limited company in the United Kingdom...

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PACRA maintains entity rating of Nishat Mills at ‘AA’

Pakistan Credit Rating Agency Limited (PACRA) has maintained entity ratings of Nishat Mills Limited (PSX: NML) at "AA" for the long term and "A1+"....

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Nishat Mills struggles with loss of Rs286m in Q1 2024

Nishat Mills Limited (PSX: NML) incurred a loss after tax of Rs285.83 million [LPS: Rs0.81] compared to a profit of Rs3.3 billion...

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Nishat Mills reports lower profit in Q2, pays Rs2.5 dividend

Nishat Mills Limited (PSX: NML) experienced a decline of 22% YoY in its profit after tax for the second quarter of fiscal year 2024, amounting to Rs858m...

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Nishat Mills' profit rises to Rs12bn in FY23

Nishat Mills Limited (PSX: NML) witnessed a 17.98% YoY increase in profitability during FY23, achieving a profit after tax of Rs12.17 billion, a significant...

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NML to increase Rs1bn equity investment in Nishat Sutas Dairy

NML to increase Rs1bn equity investment in Nishat Sutas Dairy

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Name Price/Vol %Chg/NChg
KSE100 170,765.22
212.46M 		0.16%
266.28
ALLSHR 103,241.06
481.66M 		0.13%
137.96
KSE30 50,813.89
65.25M 		0.15%
74.20
KMI30 244,391.30
71.96M 		0.08%
186.13
KMIALLSHR 66,928.26
309.74M 		0.08%
55.24
BKTi 47,274.31
12.11M 		0.30%
141.41
OGTi 35,009.43
4.22M 		0.13%
46.86
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 84,850.00 85,595.00
84,120.00 		430.00
0.51%
BRENT CRUDE 104.38 106.59
103.11 		-2.22
-2.08%
RICHARDS BAY COAL MONTHLY 123.00 0.00
0.00 		-0.55
-0.45%
ROTTERDAM COAL MONTHLY 136.55 137.10
133.60 		0.65
0.48%
USD RBD PALM OLEIN 1,167.50 1,167.50
1,167.50 		0.00
0.00%
CRUDE OIL - WTI 92.44 0.00
0.00 		0.03
0.03%
SUGAR #11 WORLD 18.54 18.75
18.43 		-0.07
-0.38%
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