Trends - Indus Motors - Business Recorder

Indus Motors

Auto: A picture of decay

On March 5th, Indus Motors- maker of Toyota cars in Pakistan- announced it will once again be keeping its production...

Published 25 Mar, 2024 08:57am

Business & Finance

After launching hybrid, Indus Motor introduces cheaper, petrol variants of Corolla Cross

Gasoline vehicles priced at Rs8.199mn and Rs8.899mn

Updated 22 Mar, 2024 09:53pm

Business & Finance

Indus Motor reduces Toyota Yaris prices in Pakistan by up to Rs133,000

Indus Motor Company, the maker of Toyota cars in Pakistan, announced on Thursday a price reduction for its Yaris...

Updated 14 Mar, 2024 09:23pm

BR Research

Indus Motors: Better be happy!

Indus Motors expects economic recovery and as a result the demand for its cars to recover slowly, predicting volumes...

Published 11 Mar, 2024 08:39am

Markets

Indus Motor temporarily halts production citing inventory shortage

Company to close its plant from March 6 to March 11

Updated 06 Mar, 2024 03:07pm

BR Research

Do it like Indus Motors

Factory-wide shutdowns due to now long-running supply constraints, still steep prices, and a resulting decline in...

Published 26 Feb, 2024 09:16am

Business & Finance

Indus Motor Company to invest Rs3bn ‘for additional localization’ of parts, components

In a key development for the country’s auto sector, Indus Motor Company Limited (INDU) announced that its board has...

Updated 22 Feb, 2024 03:36pm

Business & Finance

Indus Motor posts 89% higher profit of Rs4.96bn in 1HFY24

Indus Motor Company (IMC) reported on Thursday a profit of Rs4.96 billion for the half-year ended December 31, 2023,...

Published 22 Feb, 2024 11:30am

BR Research

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 9	278.20
USD PKR Interbank Buying / May 9	278
USD to Japanese Yen / May 9	155.57
USD to Swiss Franc / May 9	0.91
Pound Sterling to USD / May 9	1.25
Euro to USD / May 9	1.07

Stock	Volume
S&P 500 / May 8	5187.67
Nasdaq / May 8	16302.76
FTSE 100 / May 8	8354.05
Dow Jones / May 8	39056.39
Germany DAX 30 / May 8	18498.38
France CAC40 / May 8	8131.41
India Sensex / May 9	72965.17
Tokyo Nikkei / May 9	38260.75

Item	Value
Karachi Cotton PKR/37.32 KG / May 7	19935
Gold 10 Grams PKR / May 8	205075
Petrol/Litre / May 9	288.49
Crude Oil USD/Barrel / May 9	79.44
Gold Spot USD/Ounce / May 9	2318.17
Diesel/Litre / May 9	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 9 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 9 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 9 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 9 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 9 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 9 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 9 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 9 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 9 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 9 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 9 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 9 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 9 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 9 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 9 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 9 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 9 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 9 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 9 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 9 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 9 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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