NEGATIVE

πŸ“‰ GFIL: SELL Signal (8/10) – Financial Results for the Quarter Ended 2025-09-30

⚑ Flash Summary

Ghazi Fabrics International Limited (GFIL) reported unaudited financial results for the quarter ended September 30, 2025. The company’s net sales were PKR 1,069,640, a sharp decline compared to PKR 540,824,921 in the same quarter last year. The company has reported a Loss after taxation of PKR (70,616,971), a decline from the PKR (119,115,024) loss in the same period last year. The company did not declare any cash dividend, bonus shares, or right shares for the period.

Signal: SELL πŸ“‰
Strength: 8/10
Sentiment: NEGATIVE
Time Horizon: SHORT_TERM

πŸ“Œ Key Takeaways

  • πŸ“‰ Net sales plummeted to PKR 1,069,640 from PKR 540,824,921 YoY.
  • ⚠️ Gross loss reported at PKR (52,355,194), compared to a gross loss of PKR (86,598,796) last year.
  • ❌ Operating loss significantly decreased to PKR (69,851,068) from PKR (114,983,872).
  • πŸ’Έ Finance costs decreased to PKR 282,702 from PKR 1,035,686 YoY.
  • πŸ”» Loss before taxation decreased to PKR (70,133,770) from PKR (112,412,277).
  • πŸ“‰ Loss after taxation improved to PKR (70,616,971) from PKR (119,115,024).
  • πŸ“‰ Basic loss per share decreased to PKR (2.16) from PKR (3.65).
  • 🚫 No cash dividend declared for the period.
  • 🚫 No bonus shares declared for the period.
  • 🚫 No right shares declared for the period.
  • πŸ“‰ Selling and distribution expenses decreased to PKR 334,950 from PKR 3,134,123.
  • 🏒 Administrative expenses decreased to PKR 16,438,799 from PKR 23,248,026.

🎯 Investment Thesis

Based on the current financial performance, a SELL recommendation is warranted. The steep decline in revenue and continued losses raise concerns about the company’s long-term viability. A price target cannot be accurately given based on the data provided; further analysis of the company’s assets, liabilities, and future earnings potential is needed. Time horizon: Short Term

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 6, 2025

⏸️ FIL: HOLD Signal (4/10) – Financial Results for the Quarter Ended September 30, 2025

⚑ Flash Summary

Fateh Industries Limited reported its financial results for the quarter ended September 30, 2025. The company’s sales remained at zero, mirroring the cost of sales, leading to a gross profit of zero. Operating loss for the quarter stood at PKR (1,097,203), slightly improved from PKR (1,441,238) in the same quarter last year. The net loss after taxation was PKR (355,606), an improvement from the PKR (1,451,311) loss in the corresponding quarter of the previous year.

Signal: HOLD ⏸️
Strength: 4/10
Sentiment: NEGATIVE
Time Horizon: MEDIUM_TERM

πŸ“Œ Key Takeaways

  • πŸ“‰ Sales remained at zero for the quarter ended September 30, 2025, compared to PKR 171,450 in the same period last year.
  • ⚠️ Cost of sales also stood at zero for the quarter.
  • πŸ˜” Gross profit was zero, down from PKR 11,839 in the same quarter last year.
  • 🏒 Administration expenses decreased to PKR 1,097,203 from PKR 1,453,077 year-over-year.
  • πŸ“‰ Operating loss improved slightly to PKR (1,097,203) from PKR (1,441,238) year-over-year.
  • πŸ’° Other income was PKR 540,000, down from PKR 710,597 in the corresponding quarter last year.
  • πŸ’Ή Exchange gain was PKR 201,597 compared to an exchange loss of PKR (719,607) last year.
  • ❌ Net loss before taxation improved to PKR (355,606) from PKR (1,451,311) year-over-year.
  • πŸ’Έ Net loss after taxation was PKR (355,606), improved from PKR (1,451,311) last year.
  • ✨ Unrealized gain on revaluation of investment was PKR 77,422, down from PKR 114,705 year-over-year.
  • πŸ“‰ Total comprehensive loss for the period was PKR (278,184), improved from PKR (1,336,606) in the prior year.
  • πŸ“‰ Loss per share was PKR (0.18), improved from PKR (0.73) in the corresponding quarter last year.
  • πŸ’΅ Cash and cash equivalents at the end of the period stood at PKR 2,760,624, up from PKR 1,378,773 last year.

🎯 Investment Thesis

Given the zero revenue and ongoing losses, a HOLD rating is appropriate. While there has been an improvement in net losses, the fundamental issue of generating sales needs to be addressed before a positive investment decision can be considered. A potential price target cannot be accurately determined without revenue figures, but a speculative target could be set based on potential turnaround scenarios dependent on future sales improvements. Time horizon would be medium-term, approximately 12-18 months, to observe if strategic changes yield positive results.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 6, 2025

⏸️ GHGL: HOLD Signal (5/10) – Transmission of Quarterly Financial Statements for the Period Ended September 30, 2025

⚑ Flash Summary

Ghani Glass Limited (GHGL) reported unaudited financial results for the first quarter ended September 30, 2025. The company experienced a revenue increase of 9.0% year-over-year (YoY), reaching PKR 9.99 billion. However, net profit declined to PKR 706 million, compared to PKR 928 million in the same period last year, resulting in a decrease in earnings per share (EPS) from PKR 0.93 to PKR 0.71. The board approved an interim cash dividend of PKR 0.5 per share.

Signal: HOLD ⏸️
Strength: 5/10
Sentiment: NEGATIVE
Time Horizon: MEDIUM_TERM

πŸ“Œ Key Takeaways

  • πŸ“ˆ Revenue increased by 9.0% YoY, reaching PKR 9.99 billion.
  • πŸ“‰ Gross profit decreased from PKR 2.3 billion to PKR 2.1 billion.
  • πŸ“‰ Net profit declined from PKR 928 million to PKR 706 million YoY.
  • πŸ“‰ Earnings per share (EPS) decreased from PKR 0.93 to PKR 0.71.
  • 🌱 Interim cash dividend declared at PKR 0.5 per share.
  • ⚠️ Pakistan’s economy shows signs of stabilization but faces challenges from severe flooding.
  • 🏭 Large-Scale Manufacturing (LSM) recorded a YoY growth of 9.0% in July 2025.
  • 🌢️ CPI for September 2025 clocked in at 5.6%, with food inflation rising 5.0% YoY.
  • βœ… Completed installation of new machinery for glass tableware segment.
  • 🌍 Pakistan remains highly vulnerable to climate change and its impacts.
  • β›ˆοΈ Flash floods have intensified pressure on agriculture, infrastructure, and human capital.
  • 🀝 Acknowledgment to senior executives of pharmaceutical, food, and beverage industries.
  • 🀝 Appreciation for suppliers, contractors, and bankers.

🎯 Investment Thesis

HOLD. The company’s revenue growth is a positive sign, but declining profitability and EPS raise concerns. The interim dividend provides some support, but the overall outlook is uncertain due to economic and environmental challenges. Further analysis is needed to assess the long-term impact of these factors. Price target rationale is that current economic conditions are unstable and with a decline in profitability its best to maintain a hold.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 6, 2025

⏸️ UNIC: HOLD Signal (6/10) – Transmission of Quarterly Report for the Period Ended 2025-09-30

⚑ Flash Summary

The United Insurance Company of Pakistan Ltd. reported its 3rd Quarter 2025 results, showcasing a mixed performance. Gross written premium for the conventional business decreased to Rs. 5,618.88 million from Rs. 6,021.76 million in 2024, while net premium income increased to Rs. 3,123.641 million from Rs. 2,886.121 million. Profit before tax decreased to Rs. 1,014.529 million from Rs. 1,244.086 million, and earnings per share (EPS) fell to Rs. 2.13 from Rs. 2.52. Despite a challenging economic environment, the company demonstrated stability and improved underwriting results, while also experiencing growth in its Takaful operations investment income.

Signal: HOLD ⏸️
Strength: 6/10
Sentiment: NEGATIVE
Time Horizon: MEDIUM_TERM

πŸ“Œ Key Takeaways

  • πŸ“‰ Gross written premium for conventional business decreased to Rs. 5,618.88 million in 2025 vs. Rs. 6,021.76 million in 2024.
  • πŸ“ˆ Net premium income for conventional business increased to Rs. 3,123.641 million in 2025 vs. Rs. 2,886.121 million in 2024.
  • πŸ’° Profit before tax decreased to Rs. 1,014.529 million in 2025 vs. Rs. 1,244.086 million in 2024.
  • πŸ’² Earnings per share (EPS) decreased to Rs. 2.13 in 2025 vs. Rs. 2.52 in 2024.
  • πŸ”₯ Underwriting results improved to Rs. 1,180.948 million in 2025 vs. Rs. 1,055.361 million in 2024.
  • πŸ’Έ Management expenses increased to Rs. 1,095.405 million in 2025 vs. Rs. 1,057.026 million in 2024.
  • 🀝 Written gross contribution for Window Takaful decreased to Rs. 1,400.690 million in 2025 vs. Rs. 1,663.904 million in 2024.
  • πŸš€ Investments income of Participants Takaful fund increased to Rs. 20.948 million in 2025 vs. Rs. 15.660 million in 2024.
  • πŸ“Š Investments income of the Operator’s fund increased to Rs. 36.365 million in 2025 vs. Rs. 22.642 million in 2024.
  • πŸ“ˆ General, administrative and management expenses of the operator increased to Rs. 493.648 million in 2025 vs. Rs. 433.577 million in 2024.
  • ⭐ Total assets increased to Rs. 16,558.890 million in 2025 vs. Rs. 16,053.484 million in 2024.
  • Equity increased to Rs. 6,281.641 million vs. Rs. 5,436.030 million

🎯 Investment Thesis

HOLD. The mixed performance in 3Q25, with declining premiums and EPS but improved underwriting results and investment income, suggests caution. While the company shows stability and growth in certain areas, declining profitability is a concern. A hold is warranted until there is clearer evidence of sustained improvement in key financial metrics and a stabilization of premium income.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 6, 2025

⏸️ COLG: HOLD Signal (5/10) – TRANSMISSION OF QUARTERLY REPORT FOR THE QUARTER ENDED 30 SEPTEMBER 2025

⚑ Flash Summary

Colgate-Palmolive (Pakistan) Ltd. reported a 4.57% increase in turnover for the quarter ended September 30, 2025, driven by higher sales volume. However, gross profit declined slightly by 0.5% due to higher trade discounts. Other income also decreased significantly by 57.77% because of lower policy rates. Consequently, net profit after tax saw a decrease of 10.58% compared to the same quarter last year.

Signal: HOLD ⏸️
Strength: 5/10
Sentiment: NEGATIVE
Time Horizon: MEDIUM_TERM

πŸ“Œ Key Takeaways

  • πŸ“ˆ Turnover increased by 4.57%, reaching PKR 41,983 million.
  • πŸ“‰ Net turnover increased by 2.86% to PKR 30,862 million.
  • πŸ“‰ Gross profit decreased by 0.50%, standing at PKR 10,748 million.
  • πŸ“‰ Gross profit margin declined by 117 bps to 34.83%.
  • ⬆️ Selling & Distribution Cost increased by 1.20% to PKR 3,195 million.
  • ⬇️ Administrative Expenses decreased slightly by 1.31% to PKR 342 million.
  • ⬇️ Other Income significantly decreased by 57.77% to PKR 654 million.
  • πŸ“‰ Profit from Operations decreased by 10.64% to PKR 7,344 million.
  • πŸ“‰ Profit After Tax decreased by 10.58% to PKR 4,564 million.
  • πŸ“‰ Earnings per Share decreased by 10.58% to PKR 18.80.
  • ⬇️ Other comprehensive income for the quarter is zero.
  • 🌱 Company focuses on strengthening brand equity through packaging revamps and upgrades.

🎯 Investment Thesis

Given the mixed results of this quarter, with revenue growth offset by declining profits, a HOLD recommendation is appropriate. The company’s strategic initiatives to strengthen its brand and market leadership are positive, but the financial performance indicates headwinds. The price target rationale is based on maintaining the current position until further improvements in profitability are demonstrated.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 6, 2025

⏸️ HATM: HOLD Signal (5/10) – Transmission of Quarterly Report for the Period Ended September 30, 2025.

⚑ Flash Summary

Hamid Textile Mills Limited reports its unaudited financial results for the first quarter ended September 30, 2025. Sales increased by 21.67% to Rs. 250.103 million compared to the corresponding period. Despite this increase, the company incurred a net loss after taxation of Rs. 10.095 million, compared to a loss of Rs. 8.693 million in the previous year. The management is negotiating with the bank for a settlement of the bank loan to regularize financial limits, and the company is working to increase production to stabilize the unit.

Signal: HOLD ⏸️
Strength: 5/10
Sentiment: NEGATIVE
Time Horizon: MEDIUM_TERM

πŸ“Œ Key Takeaways

  • πŸ“ˆ Sales increased by 21.67%, reaching Rs. 250.103 million.
  • πŸ“‰ The company experienced a net loss after taxation of Rs. 10.095 million.
  • πŸ“‰ Loss per share is (0.76) compared to (0.66) for the prior year quarter.
  • πŸ’° Gross profit increased to Rs. 5.277 million from Rs. 1.974 million.
  • πŸ’Ό Management is focused on optimizing operations to meet fixed costs.
  • ⚠️ Unfavorable external environmental factors have increased the cost of doing business.
  • 🏦 The company faces liquidity problems due to ongoing litigation with the bank.
  • ⛔️ Working capital financial facilities from the bank remain expired.
  • 🀝 Management is negotiating with the bank for a loan settlement.
  • 🌱 The settlement aims to regularize the financial limits.
  • 🏭 Plans are in place to increase production and make the unit more stable.
  • πŸ› οΈ The management intends to make regular investments in plant and machinery.
  • πŸ“Š Depreciation charged as expenditure is Rs. 9.22 million.

🎯 Investment Thesis

Given the current financial challenges and ongoing litigation, I recommend a HOLD rating. While the increase in sales is a positive sign, the company’s inability to translate this into profitability and its liquidity issues raise concerns. A potential settlement with the bank and successful restructuring could improve the company’s prospects, but until these uncertainties are resolved, a cautious approach is warranted. Price target is difficult to establish given the limited financial information and the current loss making position. Time horizon is medium term, contingent on the successful resolution of financial challenges.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 6, 2025

⏸️ HUBC: HOLD Signal (5/10) – Transmission of Quarterly Report for the Period Ended September 30, 2025

⚑ Flash Summary

Hub Power Company (HUBCO) reported consolidated net profit of PKR 11,628 million for the quarter ended September 30, 2025, a decrease from PKR 19,125 million in the same period last year. This translates to an EPS of PKR 8.96 compared to PKR 14.74 previously. The decrease is primarily attributed to the termination of the Power Purchase Agreement (PPA) of the Hub Plant and amendments to the PPA of the Narowal Plant. Unconsolidated net profit increased slightly to PKR 7,894 million, with EPS rising to PKR 6.09.

Signal: HOLD ⏸️
Strength: 5/10
Sentiment: NEGATIVE
Time Horizon: MEDIUM_TERM

πŸ“Œ Key Takeaways

  • πŸ“‰ Consolidated net profit decreased to Rs. 11,628 million from Rs. 19,125 million YoY.
  • πŸ“‰ Earnings Per Share (EPS) declined to Rs. 8.96 from Rs. 14.74 YoY.
  • εŽŸε›  The profit decrease is mainly due to the termination of Hub Plant’s PPA and Narowal Plant’s PPA amendments.
  • πŸ“ˆ Unconsolidated net profit slightly increased to Rs. 7,894 million from Rs. 7,785 million YoY.
  • πŸ“ˆ Unconsolidated EPS increased to Rs. 6.09 from Rs. 6.0 YoY.
  • πŸ’° Unconsolidated profit increase is mainly due to higher dividend income from subsidiaries.
  • ⚑️ Net Electrical Output: Narowal: 20.2 GWh, Laraib: 18 GWh, CPHGC: 304 GWh, TEL: 496 GWh, TN: 472 GWh.
  • βš™οΈ Load Factor: Narowal: 4.28%, Laraib: 10%, CPHGC: 11.6%, TEL: 75%, TN: 71%.
  • βœ… Verification done for Project Completion Date (PCD) of TEL and TN; approval expected next quarter, followed by dividend disbursement.
  • ⛏️ Prime continues identifying drilling opportunities and tested a new well for maximizing production.
  • πŸ”Œ HUBCO Green has 10 operational DC fast chargers; targeting 4 EV chargers on highways as Phase 1 to connect Karachi to Peshawar.
  • 🀝 HUBCO’s subsidiary Ark Metals is evaluating mineral exploration opportunities in Balochistan.
  • βœ… Directors proposed a final cash dividend of Rs. 10.00 per share for the year ended June 30, 2025, and an interim cash dividend of Rs. 5.00 per share for the year ending June 30, 2026.

🎯 Investment Thesis

Given the decrease in profits due to the PPA termination, and the high level of uncertainty, it is hard to recommend a buy. A HOLD is recommended, in order to maintain an investment into the company and generate revenue from dividends while things develop. Reassess after more data about the future can be gathered.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 6, 2025

⏸️ AKDHL: HOLD Signal (5/10) – Financial Results for the Quarter Ended 2025-09-30

⚑ Flash Summary

AKD Hospitality’s financial results for the quarter ended September 30, 2025, indicate a mixed performance. While revenue remained consistent at PKR 1.5 million compared to the same period last year, the company experienced a significant decrease in profit after tax, falling from PKR 643,686 to PKR 438,685. This decline in profitability is primarily attributed to increased administrative and general expenses. The company did not declare any interim dividend for the period.

Signal: HOLD ⏸️
Strength: 5/10
Sentiment: NEGATIVE
Time Horizon: MEDIUM_TERM

πŸ“Œ Key Takeaways

  • ⚠️ Revenue remains stagnant at PKR 1.5 million compared to September 2024.
  • πŸ“‰ Profit after tax declines from PKR 643,686 to PKR 438,685, a ~32% decrease.
  • ⬆️ Administrative and general expenses rise significantly from PKR 701,064 to PKR 906,065.
  • πŸ’° No interim dividend declared for the period ended September 30, 2025.
  • πŸ“Š Earnings per share (EPS) decreased from PKR 0.26 to PKR 0.17.
  • βœ… Total Equity increased from PKR 37.02 million to PKR 42.47 million.
  • 🏦 Bank balances decreased from PKR 14.12 million to PKR 13.21 million.
  • 🏒 Long-term investments increased from PKR 27.19 million to PKR 31.75 million.
  • βœ… Other comprehensive income shows a gain of PKR 4.56 million in Sep-2025, compared to a loss of PKR 0.53 million in Sep-2024.
  • ⬆ Capital Contribution Increased from 12.95 million to 13.40 million
  • βž– Cash flow from operating activities went from an inflow of PKR 293,890 to an outflow of PKR -1,353,524.
  • ⬆ The company’s authorized share capital remains constant at 1,000,000,000 ordinary shares.
  • ❌ No bonus or right shares were declared.
  • ⬆ Unrealized gain on remeasurement of investments increased by PKR 4,560,000.

🎯 Investment Thesis

Based on the current financial performance, a HOLD recommendation is appropriate. While the increase in equity and investments are positives, the declining profitability, EPS, and negative operating cash flow warrant caution. Further monitoring of the company’s performance and cost management strategies is needed. Price target will remain around existing levels with no real movement expected in the near term.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 6, 2025

πŸ“‰ DWTM: SELL Signal (9/10) – Transmission of Quarterly Report for the Period Ended September 30,2025

⚑ Flash Summary

Dewan Textile Mills Limited reported unaudited condensed interim financial statements for the first quarter ended September 30, 2025. The company’s net revenue remained nil due to the closure of operations since December 2015. The financials reflect a net loss after taxation of Rs. 27.920 million and negative reserves of Rs. 6,000.936 million, resulting in a negative equity of Rs. 2,893.572 million. Management is pursuing restructuring of liabilities and is hopeful that restructuring proposals will be accepted.

Signal: SELL πŸ“‰
Strength: 9/10
Sentiment: NEGATIVE
Time Horizon: SHORT_TERM

πŸ“Œ Key Takeaways

  • ❌ Revenue remained nil for the quarter due to continued suspension of manufacturing operations since December 2015.
  • πŸ“‰ Net loss after taxation was Rs. 27.920 million for the quarter ended September 30, 2025.
  • ⚠️ The company’s negative reserves amounted to Rs. 6,000.936 million.
  • ⛔️ Negative equity stood at Rs. 2,893.572 million.
  • Expired short-term borrowing facilities have not been renewed, exacerbating liquidity problems.
  • βš–οΈ Lenders have initiated litigation for repayment of liabilities.
  • πŸ› The company is pursuing restructuring of its liabilities with lenders.
  • 🀞 Management is hopeful that restructuring proposals will be accepted by financial institutions.
  • 🏭 The company’s manufacturing operations have been suspended since December 2015 due to adverse industry conditions and working capital constraints.
  • πŸ€” The company’s ability to continue as a going concern is under significant doubt.
  • πŸ’Ή Finance costs decreased slightly from (6,875,797) to (7,237,108)
  • βœ… Other income increased from 6,450,000 to 7,350,000

🎯 Investment Thesis

Given the severe financial distress and operational shutdown, a SELL recommendation is warranted. There is a high risk of further value erosion. The company’s turnaround is highly uncertain and contingent on factors outside of its control. No meaningful price target can be established given the current situation.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 6, 2025

πŸ“‰ FIMM: SELL Signal (7/10) – Transmission of Quarterly Report for 1st Quarter Ended September 30, 2025

⚑ Flash Summary

First Imrooz Modaraba reported a net loss of Rs. 2.18 million for the quarter ended September 30, 2025, compared to a profit of Rs. 29.16 million in the same period last year. This decline is primarily attributed to a decrease in sales and gross profit, impacted by the trade war between China and the USA, leading to inventory buildup in China and discounted product offerings. Sales decreased from Rs. 308.11 million to Rs. 252.40 million, while gross profit fell from Rs. 74.68 million to Rs. 50.11 million. The management is focused on controlling costs and increasing sales in the coming quarters to improve results.

Signal: SELL πŸ“‰
Strength: 7/10
Sentiment: NEGATIVE
Time Horizon: SHORT_TERM

πŸ“Œ Key Takeaways

  • πŸ“‰ Net loss of Rs. 2.18 million compared to a profit of Rs. 29.16 million YoY.
  • πŸ“‰ Sales decreased from Rs. 308.11 million to Rs. 252.40 million YoY.
  • πŸ“‰ Gross profit declined from Rs. 74.68 million to Rs. 50.11 million YoY.
  • πŸ‡¨πŸ‡³ Trade war between China and USA impacting sales due to inventory buildup.
  • πŸ“‰ Loss per certificate (basic & diluted) is Rs. (0.73) compared to earnings of Rs. 9.72 last year.
  • ⚠️ Modaraba has a substantial stock of products needing to be sold at a discount.
  • ⬆️ Operating expenses increased from Rs. 26.19 million to Rs. 33.0 million YoY.
  • ⬇️ Other income decreased from Rs. 0.94 million to Rs. 0.13 million YoY.
  • 🏒 Management focusing on cost control and increasing sales.
  • 🏦 Multiple banking facilities utilized, including Diminishing Musharaka and Musawamah.
  • βš–οΈ Contingency related to Sindh Workers Welfare Fund (SWWF) under appeal.
  • 🧾 Post-dated cheques issued to Collector of Customs amount to Rs. 74.920 million.
  • 🀝 Related party transactions include expenses and rent with Group Companies.
  • πŸ—“οΈ Financial information approved for issue on October 28, 2025.

🎯 Investment Thesis

Recommendation: SELL. Rationale: The significant decline in financial performance, including a net loss, decreased sales and gross profit, and challenges in managing inventory, makes First Imrooz Modaraba unattractive for investment. The ongoing trade war and its impact on sales necessitate a conservative approach. Price Target: Rs. 8/- Time Horizon: Short-term (6 months) due to potential for future improvement if management’s cost-control and sales-increase efforts are successful.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 6, 2025

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