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SAZEW Stock Soars 1000% in a Year as HAVAL SUV Production Boosts Earnings

Sazgar Engineering Works Limited
Financial Results: 3rd Quarter Ended Mar-2024

Cash Dividend: an interim cash dividend of Rs. 8/- per share.
EPS: Rs. 50. Just compare this to Rs. 7.36 in the same quarter last year. 

SAZGAR Engineering (SAZEW) had reported a noteworthy development in their 2023 annual report - the commencement of commercial production of HAVAL SUVs and the introduction of Pakistan's first locally assembled Hybrid Electric Vehicle.

Financials of this 3rd quarter and same quarter last year year are not comparable. The company has grown astronomical.

Market Price: SAZEW has hit upper limit. Current market price is Rs.555.07 gaining Rs. 38.73 (+7.50%)

Year to date the scrip has gained 212% and in one year the gain is close to 1000%

The Company is principally engaged in the manufacturing and sale of automobiles including Four Wheelers and Three Wheelers, Tractor Wheel Rims and Home Appliances.

Download Sazgar Results announcement


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