automobile assembly plant halted operations in 2010 after its manufacturing partner pulled out of Pakistan.
EDB has started processing the case for re-launch of DFML which is likely to be approved soon.
Both BOI and EDB welcomed the investment and assured their support to DFML.
Stocks that contributed significantly to the volumes included DCL, TRG, ANL, FFL and DFML
, reflecting 31% of total volumes.
At the time of filing this report, DFML
shares were trading at Rs38.
Heavy profit taking was also seen in some sideboard stocks like DFML
shedding gains made in past trading sessions.
On the other hand, the lowest drop was seen in DFML
, another car assembling company, sales of which declined by 59 percent.
Car leasing was also introduced by DFML
through Askari Leasing - allowing many with enough cash to pay a vehicle up front to possess one.
to start production from Oct-16 (Dawn): In a notice filed to Pakistan Stock Exchange (PSX), DFML
said that it has entered into a toll manufacturing agreement with Daehan-Dewan Motor Company Ltd for production of vehicles and will be restarting the production from Oct- 16.
Stocks that contributed significantly to the volumes included TRG, DSL, EPCL, DCL and DFML
contributing a total of 51m shares, reflecting 43% share of total volumes.
Stocks that contributed significantly to the volumes included TRG, KEL, PAEL, DCL and DFML
, contributing a total of 32m shares, reflecting 35% share of total volumes.