Trends - Indus Motors - Business Recorder

Indus Motors

Cuts and scrapes

Assembly plants for Indus Motors (PSX: INDU) will remain closed for another 6 days after the company completes its...

Published 10 Nov, 2023 08:34am

Business & Finance

Indus Motor Company announces month-long plant shutdown

Indus Motor Company (IMC), the assembler of Toyota vehicles in Pakistan, has once again announced that it will shut...

Published 16 Oct, 2023 04:28pm

BR Research

Just passing by

Last week, Lucky Motors informed potential car buyers that the company is reducing the prices of its vehicles or...

Published 11 Oct, 2023 08:44am

BR Research

Autos: Demand-side now in play

Continued and persistent supply restrictions facing automobile assemblers importing vital raw materials in order to...

Published 04 Oct, 2023 08:51am

BR Research

Localize more, they said

Ever wondered why Pakistani assemblers won’t make small cars? Over the years, we have posed this question to...

Published 13 Sep, 2023 08:48am

BR Research

Ode to localization?

Sometime last week when Indus Motors (PSX: INDU) submitted its financial statements to the PSX, BR Research...

Published 08 Sep, 2023 08:40am

Business & Finance

IMC hasn’t announced layoffs despite 55pc cut in production: CEO

KARACHI: Chief Executive Officer, Indus Motor Company (IMC), Ali Asghar Jamali has said that despite registering a...

Published 31 Aug, 2023 06:00am

Business & Finance

Indus Motor counting on its hybrid Corolla Cross as petrol prices hit record high

KARACHI: Indus Motor Company, the maker of Toyota-brand vehicles in Pakistan, is betting on its upcoming hybrid car,...

Updated 30 Aug, 2023 08:03pm

BR Research

Indus Motors: Fortune favours the bold

Exactly one year ago in August, Indus Motors (PSX: INDU) had reduced prices for all locally assembled models in the...

Published 30 Aug, 2023 06:35am

Business & Finance

Indus Motor Company again announces 12-day plant shutdown

Indus Motor Company, the assembler of Toyota automobiles in Pakistan, has decided to shut production from August 25,...

Published 24 Aug, 2023 04:02pm

Business & Finance

First month of FY24: Car sales down 57% YoY as rising prices suppress demand

Pakistan Automotive Manufacturers Association says only 5,092 units were sold in July

Published 11 Aug, 2023 10:36pm

BR Research

Siren song

Imagine for a moment, an industry whose market size has been halved within a span of a single year despite new ...

Published 04 Aug, 2023 08:18am

BR Research

INDU: Hanging on

Another PSX announcement informing two more days of plant closures will make it Indus Motors’ (PSX: INDU) third...

Published 03 May, 2023 08:43am

BR Research

Auto: Hiding in plain sight

If there ever was a doubt that there is significant latent demand for cars in Pakistan, March of this fiscal year...

Published 13 Apr, 2023 05:43am

Business & Finance

Import restrictions: Indus Motor suspends production again

This is Indus Motor’s second announcement of production closure this year

Updated 24 Mar, 2023 04:36pm

Markets

Pak Suzuki increases car prices for third time in 2023

Top variant of Swift now priced at Rs4,725,000

Published 21 Feb, 2023 01:39pm

Business & Finance

Third time in 2023: Honda Atlas again raises car prices by up to Rs550,000

Honda Atlas Cars on Friday notified yet another hike in the prices of its vehicles, its third in 2023, with the...

Updated 18 Feb, 2023 03:43am

BR Research

INDU: The more things change

Nothing, least of all a mega economic crisis, seems to really faze a company like Indus Motors (PSX: INDU). The...

Published 16 Feb, 2023 09:33am

Pakistan

Bleak times ahead for Pakistan’s manufacturing sector

Expert says temporary shutdown seems to be the only available option at the moment

Updated 04 Jan, 2023 04:40pm

Markets

Depressed demand: Pakistan’s auto parts maker prolongs shutdown

Baluchistan Wheels Limited announces it will extend closure of production activities till January 6

Updated 30 Dec, 2022 03:43pm

Business & Finance

Yamaha Motor Pakistan increases bike prices by up to Rs13,500

New rates to come into effect from January 4

Published 27 Dec, 2022 03:07pm

BR Research

Autos: Supply slide

Indus Motors (PSX: INDU) announced last week that while the company is shutting down production operations...

Published 27 Dec, 2022 09:31am

BR Research

Auto: Laborious times

Over the past two years, car prices have skyrocketed, some prices surging over 50 percent. The Pakistan Bureau of...

Published 28 Nov, 2022 08:39am

Business & Finance

Indus Motor Company increases prices of some Toyota vehicles

Rates revised by up to Rs700,000

Published 17 Nov, 2022 07:30pm

BR Research

Autos: Rough road ahead

Major automobile assemblers in Pakis-tan such as Indus Motors are operating at half of their existing production...

Published 16 Nov, 2022 08:51am

Business & Finance

SBP restrictions, rupee devaluation hitting auto sector: Indus Motor Company

Says demand has declined due to economic downturn

Updated 09 Nov, 2022 08:20pm

Business & Finance

Indus Motor vows to launch Corolla Cross in Pakistan next year

Despite headwinds facing auto sector, Indus Motor Company CEO says locally-assembled hybrid vehicle will be introduced

Published 17 Oct, 2022 05:44pm

BR Research

Auto: Turn off the ignition!

September did not bring glad tidings after all for the automotive industry—though not unexpectedly by any means....

Published 14 Oct, 2022 08:54am

BR Research

INDU: No regrets

Never running out of style, it would seem, Indus Motors (PSX: INDU) bragged an unapologetic earnings growth of 23...

Published 31 Aug, 2022 08:38am

BR Research

HCAR: Just the beginning!

In the first quarter of its marketing year 2023, luxury vehicle assembler, Honda Atlas Cars’ (PSX: HCAR) earnings...

Published 28 Jul, 2022 10:37am

Gainers
Losers
Leaders

Stock	Price
Hira Textile / Nov 28 Hira Textile Mills Limited(HIRAT)	2.40 ▲ 0.44 (22.45%)
Saritow Spinning / Nov 28 Saritow Spinning Mills Limited(SSML)	6.74 ▲ 0.74 (12.33%)
Service Textile / Nov 28 Service Industries Textiles Limited(SERT)	10.10 ▲ 0.99 (10.87%)
Chakwal Spinning / Nov 28 Chakwal Spinning Mills Limited(CWSM)	2.22 ▲ 0.19 (9.36%)
Shaheen Ins. / Nov 28 Shaheen Insurance Company Limited(SHNI)	3.74 ▲ 0.29 (8.41%)
Saif Textile / Nov 28 Saif Textile Mills Limited(SAIF)	12.45 ▲ 0.93 (8.07%)
Safe Mix Con.Lt / Nov 28 Safe Mix Concrete Limited(SMCPL)	13.70 ▲ 1.00 (7.87%)
Calcorp / Nov 28 Calcorp Limited(CASH)	19.91 ▲ 1.39 (7.51%)
Prosperity Weav / Nov 28 Prosperity Weaving Mills Limited(PRWM)	30.64 ▲ 2.14 (7.51%)
Shakarganj / Nov 28 Shakarganj Limited(SML)	37.95 ▲ 2.65 (7.51%)

Stock	Price
Metro Steel / Nov 28 Metropolitan Steel Corporation Limited(MSCL)	24.97 ▼ -2.02 (-7.48%)
Bank of Khyber / Nov 28 The Bank of Khyber(BOK)	11 ▼ -0.80 (-6.78%)
Leather Up Ltd. / Nov 28 Leather Up Limited(LEUL)	11.01 ▼ -0.76 (-6.46%)
Ask.Gen.Insur. / Nov 28 Askari General Insurance Company Limited(AGIC)	17.71 ▼ -1.18 (-6.25%)
J.A.Textile / Nov 28 J.A. Textile Mills Limited(JATM)	51 ▼ -3.10 (-5.73%)
Punjab Mod / Nov 28 First Punjab Modaraba(FPJM)	1.60 ▼ -0.09 (-5.33%)
HBL Growth Fund / Nov 28 HBL Growth Fund(HGFA)	8.33 ▼ -0.46 (-5.23%)
Adamjee Life Assur. / Nov 28 Adamjee Life Assurance Company Limited(ALIFE)	27 ▼ -1.33 (-4.69%)
Bannu Woollen / Nov 28 Bannu Woollen Mills Limited(BNWM)	30.30 ▼ -1.48 (-4.66%)
Orient Rental / Nov 28 Orient Rental Mod(ORM)	6.20 ▼ -0.30 (-4.62%)

Stock	Volume
Kohinoor Spining / Nov 28 Kohinoor Spinning Mills Limited(KOSM)	109,392,000 ▲ 0.23
WorldCall Telecom / Nov 28 Worldcall Telecom Limited(WTL)	43,313,979 ▲ 0.07
Yousuf Weaving / Nov 28 Yousaf Weaving Mills Limited(YOUW)	22,758,500 ▼ -0.09
Treet Corp. (R) / Nov 28 Treet Corporation Limited (R)(TREETR2)	20,871,723 ▲ 0.02
Maple Leaf Cement / Nov 28 Maple Leaf Cement Factory Limited(MLCF)	17,865,589 ▲ 0.08
D.G.K.Cement / Nov 28 D.G. Khan Cement Company Limited(DGKC)	15,655,201 ▲ 1.76
Agritech Limited / Nov 28 Agritech Limited(AGL)	15,233,500 ▲ 0.53
Pak Elektron / Nov 28 Pak Elektron Limited(PAEL)	14,205,993 ▲ 0.09
P.I.A.C.(A) / Nov 28 Pakistan International Airlines Corp(PIAA)	13,108,000 ▼ -0.02
B.O.Punjab / Nov 28 The Bank of Punjab(BOP)	13,103,901 ▲ 0.03

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 28	285.85
USD PKR Interbank Buying / Nov 28	285.35
USD to Japanese Yen / Nov 28	148.25
USD to Swiss Franc / Nov 28	0.88
Pound Sterling to USD / Nov 28	1.26
Euro to USD / Nov 28	1.10
UK LIBOR % / Nov 27	5.46

Stock	Volume
S&P 500 / Nov 27	4550.43
Nasdaq / Nov 27	14241.02
Dow Jones / Nov 27	35333.47
India Sensex / Nov 28	65983.73
Tokyo Nikkei / Nov 28	33370.40
Hang Seng / Nov 28	17485.79
FTSE 100 / Nov 28	7442.27
Germany DAX 30 / Nov 28	15941.55
France CAC40 / Nov 28	7237.40

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 27	17735
Gold 10 Grams PKR / Nov 27	185614
Crude Oil USD/Barrel / Nov 28	74.99
Gold Spot USD/Ounce / Nov 28	2015.58
Cotton US¢/pound / Nov 28	79.06

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Indus Motors

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