Pak Elektron Limited (PSX:PAEL), one of Pakistanβs leading electrical goods and home appliance manufacturers, is to reach a target price of Rs88.7 per share by June 2026, implying an upside potential of almost 48% from its last closing price of Rs59.93.
The outlook is supported by strong export momentum, growing appliance demand, and expanding margins, according to a research report by Arif Habib Limited .
Arif Habib Limited has initiated coverage on PAEL with a BUY rating, citing the companyβs robust earnings trajectory, attractive valuations, and export-driven turnaround.
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Engro Fertilizers Limited (PSX: EFERT) has successfully resumed operations at its Base Plant following the completion of scheduled maintenance activities.
The company informed the Pakistan Stock Exchange (PSX) on Friday that operations were restored as planned today.
Engro had earlier notified the bourse on September 15, 2025, regarding the temporary shutdown for maintenance.
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