Air Link Communication (AIRLINK): “Buy”; Well-Positioned to Capitalize on Rising Smartphone Sales in Pakistan – By Topline Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">We initiate coverage on Airlink Communication (AIRLINK), Pakistan&rsquo;s one of the largest mobile manufacturing companies, with a &lsquo;Buy&rsquo; rating and June 2025 target price of Rs155 per share, offering a potential total return of 58%.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Despite a substantial increase in share price over the last 12 months, we believe the company&rsquo;s growth story is not yet fully priced in. Our liking for AIRLINK stems from rising demand for locally assembled smartphone, and its attractive valuation.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">We expect mobile phone demand in Pakistan to grow at 3 year ...