sought ZTBL's support in launching and financing of the new harvesters, while assuring the delegation that it would revert with the newly developed attractively priced harvesters.
Parvez Ali, Chief Executive Officer, AGTL
received the award from Jose E.
While some of the leaders were: HCAR LUCK KEL and MLCF laggards were: AGTL
LOTCHEM AKBL and AICL.
While 1HFY15 tractor sales are up 9%YoY at 20857 units analysts see a steep sequential volumetric decline of 51% during December'14 with sales for AGTL
and MTL down by 63%MoM and 75%MoM respectively.
Laggards included 1) PSMC 2) SSGC 3) SNGP and 4) AGTL
Cumulatively 5MFY15 tractor sales are up by 46%YoY at 18457 units with sales for AGTL
and MTL up by 30%YoY and 55%YoY respectively.
Scrips leading the bourse included SSGC and SNGPL on the back of ECC's nod with regard to 30% gas tariff increase PSMC and AGTL
A panel comprising members of ZTBL and AGTL
will be created to develop a mechanism to enhance the farmers' economy and crops yield.
The tractors manufacturers namely AGTL
and MTL fared better gaining 3.
Other scrips were AGTL
FATIMA and PSO ahead of 1QFY15 results announcement.
Scrips driving the market included AGTL
, UBL, PSMC and INDU, the auto play on strong sales numbers.
Scrips leading the bourse this week included AGTL
AICL HUBC and KAPCO.