Monday, August 2, 2021

Indus Motors

INDU earnings to drop by 17% YoY

Indus Motor Company Limited (INDU) is scheduled to announce its financial result for 9MFY19 on 26th Apr’19, analysts expect profitability during the 9MFY19 to decrease by 10% YoY to PKR 10,478mn (EPS: PKR 133.31) against PKR 11,636mn (EPS: PKR...

Taking advantage of rupee devaluation, local auto assemblers have jacked up the prices of cars

There have been five price hike rounds in the last six months, wherein local assemblers have increased prices of various models in the range of Rs100,000 to Rs500,000. Pak Suzuki raised prices of its various brands in range of Rs10,000...
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Ashraf Ghani accuses Taliban of not taking “peace talks seriously”

Afghan President Ashraf Ghani accused the Taliban of not taking peace talks seriously. Ghani made these statements during a special...
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