Day: April 26, 2024

Deriv promotes Rakshit Choudhary from COO to co-CEO

Rakshit Choudhary promoted to co-CEO Rakshit Choudhary promoted to co-CEO, partnering with Founder and CEO Jean-Yves Sireau Deriv refreshes its leadership model as it gets set to celebrate its 25th anniversary Rakshit Choudhary, co-CEO of Deriv CYBERJAYA, Malaysia, April 26, 2024 (GLOBE NEWSWIRE) — In a significant move for the

NCCPL Moves Toward Expedited T+1 Settlement Cycle

Karachi, The National Clearing Company of Pakistan Limited (NCCPL) is advancing its efforts to transition to a T+1 settlement cycle from the current T+2 system, an update aimed at enhancing the efficiency of securities transactions in Pakistan. This d…

Aisha Steel Mills Faces Challenge with Negative EPS in Q1, 2024

Karachi, Aisha Steel Mills Ltd. (ASL), another major player in the steel industry, recorded a negative EPS of -3.56 in the first quarter of 2024, reflecting ongoing challenges. The company, which has been part of the Pakistan Stock Exchange since 2012…

Amreli Steels Limited Marks a Decline with Negative EPS

Karachi, Amreli Steels Ltd. (ASTL) reported a negative EPS of -2.28 for the first quarter of 2024. Despite the downturn, the stock reached a quarterly high of 26.95, with a low at 25.53. The trading volume for Amreli Steels was also notable, totaling …

Crescent Star Insurance reports significant growth in Q1 2024

Karachi, Crescent Star Insurance Limited announced no changes to dividends, bonus shares, rights issues, or other corporate actions in their recent board meeting. The company’s financial results for the first quarter ended March 31, 2024, however, sho…

Bolan Castings Limited Reports Sharp Decline in EPS

Karachi, Bolan Castings Ltd. (BCL) disclosed an EPS of -2.16 for the first quarter of 2024. The company’s stock price reached a high of 120 and a low of 149.41 during the quarter. Bolan Castings, a long-standing entity on the Pakistan Stock Exchange s…

Crescent Steel Optimistic with Positive Dividend and EPS Growth

Karachi, Crescent Steel and Allied Products (CSAP) declared a 20% interim dividend and reported a positive EPS of 2.28 for the first quarter of 2024. The stock achieved a high of 80 and a low of 66.83, with a substantial trading volume of 53,422,000 s…