The stock code for Honda Atlas Cars (Pakistan) Limited is HCAR, and it is listed on the Karachi Stock Exchange (KSE) in Pakistan1. As of the latest data, the company's stock is trading at approximately PKR 251.51 per share2.
- Financial Performance: Honda Atlas Cars (Pakistan) Limited has shown strong financial performance in recent years. For the quarter ended June 30, 2024, the company reported a profit after taxation of PKR 2.33 billion and an earnings per share (EPS) of PKR 16.343. The company's annual revenue has been consistently high, with PKR 67.27 billion reported for the year ended March 31, 20242.
- Market Position: As a subsidiary of Honda Motor Co., Ltd. from Japan, Honda Atlas Cars (Pakistan) Limited is a leading player in the automotive market in Pakistan. The company's principal activities include assembling, manufacturing, and sale of Honda vehicles and spare parts3. The company's commercial production began in July 1994, and it has since established a strong market presence.
- Stock Price Analysis: The stock price of Honda Atlas Cars (Pakistan) Limited has shown fluctuations over time. However, the company's consistent financial performance and strong market position suggest a stable long-term investment opportunity. The stock price is influenced by various factors including market trends, company performance, and overall economic conditions.
Investors considering investing in Honda Atlas Cars (Pakistan) Limited should review the company's financial statements, market position, and industry trends to make informed investment decisions. It is also recommended to monitor the stock's performance closely and consider the associated risks before investing.
8/26/2024 05:09pm
