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  • JS Securities Limited – JS Research (September 26, 2022)

    Karachi, September 26, 2022 (PPI-OT): AGP: Robust growth and margins, an attractive bargain We initiate coverage on AGP Ltd (AGP) with a DCF based Target Price of Rs125/share; an upside of 73%. Our buy call is premised on strong organic and inorganic growth, complemented by best-in-class gross margins of 55-61% vs peer average of 39%;…

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  • Ahsan Zafar Bakhtawari elected as new President ICCI

    Islamabad, September 26, 2022 (PPI-OT):Ahsan Zafar Bakhtawari has been elected as the new President, Islamabad Chamber of Commerce and Industry for the year 2022-23. The election results were announced by Zahid Maqbool, Chief Election Commission during a ceremony at ICCI. Faad Waheed was elected as Senior Vice President and Engr. Azhar ul Islam Zafar as…

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  • Flexible IMF conditions are welcome but insufficient

    Karachi, September 26, 2022 (PPI-OT):FPCCI’s Presidential candidate Atif Ikram Sheikh on Saturday said the IMF has given an indication of easing its strict conditions which is a good development but this is insufficient. The international community is showing indifference towards Pakistan to help it respond effectively to the flood-related challenges, he said. Atif Ikram Sheikh…

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  • G20 and IMF flood relief insufficient

    Karachi, September 26, 2022 (PPI-OT):FPCCI’s Presidential candidate Atif Ikram Sheikh on Sunday said debt repayments of 3 billion 68 million dollars deferred by G20 countries and IMF expected relaxations are insufficient. Rich polluting nations, which grew their economies through heavy use of fossil fuels should discharge their responsibility by compensating developing countries for the devastating…

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