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Economy: FY21 CPI up 8.9%, contained in the SBP’s targeted range

Published July 2, 2021

June-21 National CPI grew 9.7% YoY, taking full year FY21 CPI growth to 8.9% YoY vs 10.7% YoY increase in FY20…

Improved margins to support bottom line

Published June 11, 2021

We revisit our investment case on Cherat Cement Company Limited (CHCC) and revise up our price target (PT) by 12.5% after reviewing 1HFY21 accounts to PKR 225/share, providing a potential upside of 40%. We maintain our BUY recommendation on the scrip….