Ghandhara Industries Limited (GHNI): Financial Snapshot - By Chase Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">We are initiating coverage on GHNI with a &ldquo;BUY&rdquo; stance and a DCF based Dec-25 target price of PKR 1,033, indicating a potential upside of 35%.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Strong mining sector activity to drive demand growth for prime movers and trucks.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Sustained implementation of the axle load regime to lend support to expansion of the national fleet.</span> </li></ul>