MTL Stock Split & Rs 1.5B E-Bike Move | Sazgar EPS Rs 55-60 | Midday Flash 9 Jun 2026
Автор: Standard Capital Securities
Загружено: 2026-06-09
Просмотров: 7284
Описание:
Midday Flash (9 Jun 2026) covers key developments across the Pakistan Stock Exchange (PSX), including Millat Tractors’ stock split and Rs. 1.5 billion E-Bike investment, Pakistan’s EV policy targets, and falling oil prices. This episode also looks at KSE-100 market context, IPO momentum, Sazgar Engineering sales, and the broader auto sector outlook.
What's covered in this video:
MTL — Stock split approved: Millat Tractors has approved a stock split from Rs. 10 par value to Rs. 5, increasing shares from 199.5 million to 399 million.
MTL — Rs. 1.5 billion E-Bike investment: The company has approved investment into Millat Industrial Products to enter the E-Bike segment.
EV Policy 2030: Pakistan is targeting 30% electric vehicles by 2030, with proposed 1% sales tax for EVs and reduced NEV custom duty from 5% to 1%.
Oil Prices: WTI is around $90, Brent around $93, and Saudi Arab Light around $107, giving macro relief for Pakistan’s import bill.
SLM IPO — 6.3x oversubscription: Service Long March saw strong retail interest after book-building applications of around Rs. 70 billion against a Rs. 7-8 billion offer.
Sazgar Engineering — EPS outlook: Sazgar’s projected EPS for June 30 is estimated around Rs. 55-60, supported by strong SUV and three-wheeler sales.
Whether you are tracking the KSE-100 index, doing fundamental analysis, or looking for the latest equity market updates, this breakdown has you covered.
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