Topline Revises Sazgar Earnings up by 61% for FY27

    By NewzTodays Editorial Team | September 30, 2025

    Topline has revised up earnings estimates for SAZEW for FY27F/28F by 61/60% following the reveal of some details by the company in an analyst briefing held on Sep 25, 2025. While for FY26E, we revise down our earnings estimates by 7% from Rs304/share to Rs282/share owing to lower-than-expected gross margins. Alongside this, we expect the…

    Ghandhara Confirms JAC T9 PHEV Launch in 2026

    By Salman Khan | September 30, 2025

    Ghandhara Automobiles Limited is preparing to expand its portfolio with the launch of the JAC T9 plug in hybrid electric vehicle in 2026. The company also confirmed the arrival of the JAC T9 2WD, which is expected to reach customers during the first half of October. Industry reports suggest the JAC T9 PHEV will compete…

    Gandhara Automobiles Posts Rs1.8B Net Earnings 

    By NewzTodays Editorial Team | September 29, 2025

    Ghandhara Automobiles Limited (GAL) announced 4QFY25 results on Monday, wherein the company posted consolidated net earnings of Rs1.8bn (EPS Rs32) compared to net earnings of Rs290mn (EPS Rs5.1) in the same period last year.  The result came lower than our expectations due to lower-than-expected revenue and higher other expenses. The company also announced final cash…

    Poor Farm Economics Weighing on Millat Tractors Sale

    By NewzTodays Editorial Team | September 26, 2025

    Topline Securities has downgraded Millat Tractors Limited (MTL) from HOLD to SELL. It warns that poor farm economics and flood-related disruptions will continue to weigh on tractor sales despite fresh government support schemes. Topline has downgraded its previous HOLD stance on Millat Tractors (MTL) to SELL as we expect the sale of tractors to remain…

    Belarus To Set Up Tractor Assembly Line in Pakistan

    By NewzTodays Editorial Team | September 25, 2025

    Belarus is going to set up the Belarus Tractor Assembly Line in Pakistan in a bid to capture the market. “An agreement with Belarus on tractors will significantly boost agriculture and increase farmers’ productivity,” said Haroon Akhtar Khan. Special Assistant to the Prime Minister (SAPM) on Industries and Production, Haroon Akhtar Khan, chaired a high-level…

    Sazgar to Double Capacity with New Plant by 4QFY26

    By NewzTodays Editorial Team | September 25, 2025

    Sazgar Engineering Works Limited (SAZEW) has announced that it will double its capacity as a new manufacturing plant is expected to become operational in 4QFY26.   The company has also revised its planned capex upward from Rs4.5 billion to Rs11.5 billion for the new manufacturing plant, which is expected to become operational in 4QFY26. The expansion…

    ECC Allows Commercial Import of Used Vehicles

    By Salman Khan | September 24, 2025

    A meeting of the Economic Coordination Committee (ECC) of the Cabinet was held on Wednesday at the Finance Division with the Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chairing the meeting virtually from the New York. The ECC considered a summary regarding the commercial import of used vehicles and, after detailed discussion, accorded…

    Terra Motors Launches Kyoro EV in Pakistan Market

    By Salman Khan | September 24, 2025

    Terra Motors, a leading Japanese electric mobility company, has announced its entry into Pakistan’s market with the launch of its flagship electric three wheeler, Kyoro. It is Terra Motors’ next-generation electric three-wheeler, built for both passenger mobility and last-mile logistics. With a top speed of over 55 km/h, an extended range of up to 200…

    inDrive Offers Free Digital Skills Training to Drivers

    By Salman Khan | September 23, 2025

    inDrive, a global mobility and services platform, has partnered with LearnOnline.pk to launch free online courses designed to equip its drivers with essential digital skills. The initiative reflects inDrive’s commitment to uplifting communities by creating opportunities for growth, innovation, and financial independence. These courses aim to equip drivers with the skills to enhance their livelihoods…

    MG Slashes EV Prices in Limited-Time Deal

    By Salman Khan | September 18, 2025

    MG Pakistan has rolled out massive price cuts on its electric vehicles, enabling customers to save more than Rs1.3 million on each model. The revised rates apply to two popular models: the MG4 Excite and the MG ZS EV Short Range. The MG4 Excite is now available for Rs8.49 million instead of Rs9.79 million, while…