⚡ Flash Summary

On July 10, 2023, Muhammad Riaz Khalid, identified as Chief Executive Officer / Executives, executed a transaction involving National Foods Limited shares. Mr. Khalid purchased 608 shares at a rate of PKR 364.56 per share. The transaction was executed in the ready market through CDC (Central Depository Company) certificates. This purchase brings his cumulative holding to 608 shares, representing a 0.00% cumulative percentage.

📌 Key Takeaways

• 💼 Insider Transaction: Muhammad Riaz Khalid, a Director/Executive, bought shares.
• 🗓️ Date: Transaction occurred on July 10, 2023.
• 📈 Nature: Purchase of shares in the open market.
• 🔢 Volume: 608 shares were acquired.
• 💲 Price: Shares were bought at PKR 364.56 each.
• 🏦 Depository: Shares held in CDC (Central Depository Company).
• 📍 Market: Transaction executed in the ‘Ready’ market.
• 📊 Cumulative Holding: Total holding now stands at 608 shares.
• 🤏 Cumulative Percentage: The holding represents 0.00% of the company’s shares.
• 📜 Regulatory Compliance: Disclosure under PSX Regulations 5.6.4.
• 🏢 Company: National Foods Limited.
• 📝 Form: Disclosure made via FORM-29.

🎯 Investment Thesis

HOLD. This insider purchase is a minor event and does not warrant a change in investment recommendation. While insider buying can be a positive signal, the volume is insignificant. Further analysis of National Foods’ financial performance and market conditions is required before making any investment decisions.