Trends - HUBCO - Business Recorder

HUBCO

Hubco’s Narowal Energy executes Hybrid Take and Pay tariff deal

Narowal Energy Limited (NEL), a wholly owned subsidiary of the Hub Power Company Limited (HUBCO), has formally...

Updated 05 Mar, 2025 10:29pm

Business & Finance

HUBCO profit declines 68% in 2QFY25

Amid lower revenue, Hub Power Company Limited (HUBCO), Pakistan’s largest Independent Power Producer (IPP), saw its...

Published 26 Feb, 2025 11:37am

Leghari shares salient features of power plan

ISLAMABAD: The government is considering extending electricity to industry for three years at marginal cost, review...

Updated 29 Jan, 2025 03:31pm

Business & Finance

HUBCO Green launches its first EV Charging Station at Ocean Mall, Karachi

HUBCO Green (Private) Limited (HGL), a wholly owned subsidiary of Hub Power Holdings Limited (HPHL), inaugurated its...

Published 21 Jan, 2025 08:09pm

Markets

Engro Holdings appoints Abdul Samad Dawood as CEO

The Board of Directors (BoD) of Engro Holdings Limited, one of Pakistan’s largest conglomerates, has appointed Abdul...

Updated 06 Jan, 2025 08:08pm

Business & Finance

HUBCO plans to install EV charging network across Pakistan

Hub Power Company Limited (HUBCO), Pakistan’s largest Independent Power Producer (IPP), is in the process of...

Updated 31 Oct, 2024 09:37pm

Business & Finance

Pakistan’s largest IPP HUBCO posts Rs20.3bn profit in 1QFY25 despite revenue dip

Despite lower revenue, Hub Power Company Limited (HUBCO), Pakistan’s largest Independent Power Producer (IPP), saw...

Updated 30 Oct, 2024 09:09pm

Business & Finance

Pakistan’s Mega Motor secures key partnership with global EV giant BYD

Mega Motor Company (Private) Limited, a subsidiary of The Hub Power Company Limited (HUBCO), has announced a...

Updated 17 Oct, 2024 11:24pm

Accelerated expiry: Hubco initiates negotiated settlement pact

KARACHI: Hub Power Company (Hubco), in the greater national interest, has initiated a negotiated settlement...

Updated 11 Oct, 2024 02:24pm

Awais praises army chief’s supportive role

ISLAMABAD: Minister for Power, Sardar Awais Ahmad Khan Leghari, on Thursday expressed gratitude to Army Chief...

Updated 11 Oct, 2024 02:24pm

Markets

HUBCO reaches ‘negotiated settlement’ with govt for early termination of power agreements

Hub Power Company Limited (HUBCO), Pakistan’s largest Independent Power Producer (IPP), has initialled a negotiated...

Updated 10 Oct, 2024 09:56pm

Markets

Govt approves termination of existing Power Purchase Agreement with five IPPs

Details of agreement between Task Force and IPP owners were presented to the Cabinet, listing HUBCO, Lalpir Power Limited, Saba Power, Rousch Power, and Atlas Power among the IPPs whose current agreements will be terminated

Updated 10 Oct, 2024 09:20pm

Markets

Listed IPPs Hubco, Lalpir call emergency meetings as govt moves towards agreement termination

Independent Power Producers (IPPs) listed at the Pakistan Stock Exchange (PSX), including Hub Power Company Limited...

Updated 09 Oct, 2024 07:20pm

Hubco likely to follow suit: Four IPPs ink deal to annul pacts early

Government shows willingness to pay previous capacity dues of five IPPs

Updated 08 Oct, 2024 09:29am

BR Research

Hub Power Company Limited

The Hub Power Company Limited (PSX: HUBC) is the first and largest Independent Power Producer (IPP) in Pakistan,...

Published 03 Oct, 2024 08:17am

Business & Finance

Pakistan’s HUBCO plans to enter lithium mining, battery manufacturing

Hub Power Company Limited (HUBCO), Pakistan’s largest Independent Power Producer (IPP), has announced plans to enter...

Updated 30 Sep, 2024 10:53pm

BR Research

Hub powering forward

Hub Power Company Limited (PSX: HUBC) delivered a strong financial performance in FY24, with significant growth in...

Published 27 Aug, 2024 06:52am

Markets

Pakistan’s largest IPP HUBCO posts profit of Rs75.3bn in FY24

Hub Power Company Limited (HUBCO), Pakistan’s largest Independent Power Producer (IPP), saw its profit increase by...

Updated 26 Aug, 2024 10:32pm

Business & Finance

Hub Power Holdings enters JV for mineral exploration in Pakistan

Hub Power Holdings Limited (HPHL) has entered into a joint venture agreement with a mining company Ark Metals...

Updated 26 Aug, 2024 07:35pm

Opinion

Electric Vehicles come to Pakistan

Minister for Finance Muhammad Aurangzeb claimed at the launching ceremony of BYD, a Chinese company globally ...

Updated 26 Aug, 2024 07:36am

Aurangzeb says on BYD’s NEV launch occasion: Plan launched to revitalize economy

The finance minister says the government is committed to supporting the private sector, recognizing its crucial role in driving economic growth

Updated 18 Aug, 2024 01:34pm

Shehbaz govt may follow IK admin’s lead on IPPs

ISLAMABAD: Prime Minister Shehbaz Sharif-led government is reportedly opting to go the same route as Imran Khan...

Updated 16 Aug, 2024 08:42am

China’s BYD partners with Mega Motor to launch ‘NEV’

KARACHI: Chinese automotive giant BYD is poised to make its official entry into the Pakistani market, with a grand...

Updated 06 Aug, 2024 01:28pm

Business & Finance

Hubco subsidiary ventures into EVs with China’s BYD

KARACHI: In a major development, Hub Power Holdings Limited, a wholly-owned subsidiary of The Hub Power Company...

Published 22 Jun, 2024 06:47am

Business & Finance

Chinese giant BYD partners with HUBCO subsidiary to introduce EVs in Pakistan

HUBCO announced on Friday that its wholly-owned subsidiary (Hub Power Holdings) – through its associated company...

Updated 21 Jun, 2024 09:50pm

Markets

Share acquisition: Thal Limited to commence talks with SECMC stakeholders

Thal Limited (THALL) has decided to engage in discussions with the Pakistani shareholders of Sindh Engro Coal Mining...

Updated 25 Apr, 2024 09:47pm

Markets

Pakistan’s biggest private utility Hubco forecasts power demand will fall in 2024

KARACHI: Pakistan’s largest private utility Hub Power Co Ltd (Hubco) expects power consumption in the country to...

Published 05 Mar, 2024 05:32pm

Rs30.8bn ‘recovery’ from Hubco: PSO seeks PD’s intervention

ISLAMABAD: Pakistan State Oil (PSO) has sought Power Division’s intervention for recovery of Rs 30.8 billion from...

Updated 01 Mar, 2024 09:46am

BR Research

HUBC - earnings continue to rise

The Hub Power Company Limited (PSX: HUBC) has been benefitting from its diversification beyond the base plant and...

Published 20 Feb, 2024 08:43am

Business & Finance

Hubco to acquire another 9.5pc stake in SECMC

KARACHI: The Hub Power Company Limited has entered into a definitive agreement to acquire additional 9.5 percent...

Published 17 Feb, 2024 05:51am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 28	281.26
USD PKR Interbank Buying / Apr 28	281.06
USD to Japanese Yen / Apr 28	142.05
USD to Swiss Franc / Apr 28	0.82
Pound Sterling to USD / Apr 28	1.34
Euro to USD / Apr 28	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 28	5,528.75
India Sensex / Apr 28	80,218.37
Tokyo Nikkei / Apr 28	35,839.99
Nasdaq / Apr 28	17,366.13
Hang Seng / Apr 28	21,971.96
FTSE 100 / Apr 28	8,417.34
Dow Jones / Apr 28	40,227.59
Germany DAX 30 / Apr 28	22,271.67
France CAC40 / Apr 28	7,573.76

Item	Value
Crude Oil USD/Barrel / Apr 28	62.05
Karachi Cotton PKR/37.32 KG / Apr 28	16,985
Gold 10 Grams PKR / Apr 28	297,582
Gold Spot USD/Ounce / Apr 28	3,347.70
Cotton US¢/pound / Apr 28	67.55
Petrol/Litre / Apr 29	254.63
Diesel/Litre / Apr 29	258.64

Gainers
Losers
Leaders

Stock	Price
Ruby Textile / Apr 28 Ruby Textile Mills Limited(RUBY)	7.98 ▲ 0.78 (10.83%)
ECOPACK Ltd / Apr 28 Ecopack Limited(ECOP)	34.71 ▲ 3.16 (10.02%)
EMCO Industries / Apr 28 Emco Industries Limited(EMCO)	38.36 ▲ 3.49 (10.01%)
Sunrays Textile / Apr 28 Sunrays Textile Mills Limited(SUTM)	172.02 ▲ 15.64 (10%)
S.S.Oil / Apr 28 S.S.Oil Mills Limited(SSOM)	392.76 ▲ 35.71 (10%)
Shakarganj / Apr 28 Shakarganj Limited(SML)	43.58 ▲ 3.96 (9.99%)
PIA Holding Co.B / Apr 28 PIA Holding Company Limited B(PIAHCLB)	3,608.54 ▲ 326.25 (9.94%)
Popular Islamic / Apr 28 Popular Islamic Modaraba(PIM)	13.89 ▲ 1.25 (9.89%)
Supernet Ltd. / Apr 28 Supernet Limited (GEM)(GEMSPNL)	23.79 ▲ 1.96 (8.98%)
MCB Invest. Managmt. / Apr 28 MCB Investment Management Limited(MCBIM)	92.81 ▲ 7.54 (8.84%)

Stock	Price
Lucky Cement / Apr 28 Lucky Cement Limited(LUCK)	358.88 ▼ -1392.57 (-79.51%)
Ghani Chemworld / Apr 28 Ghani Chemworld Limited(GCWL)	7 ▼ -1 (-12.5%)
Dewan Textile / Apr 28 Dewan Textile Mills Limited(DWTM)	6.51 ▼ -0.79 (-10.82%)
Pak Gen.Ins. / Apr 28 The Pakistan General Insurance Co. Ltd.(PKGI)	8.74 ▼ -0.99 (-10.17%)
Matco Foods Ltd / Apr 28 Matco Foods Limited(MFL)	39.84 ▼ -4.43 (-10.01%)
Bunnys Limited / Apr 28 Bunnys Limited(BNL)	30.75 ▼ -3.42 (-10.01%)
Cyan Limited / Apr 28 Cyan Limited(CYAN)	36.20 ▼ -4.02 (-10%)
Atlas Battery / Apr 28 Atlas Battery Limited(ATBA)	292.11 ▼ -32.46 (-10%)
Dawood Lawrencepur / Apr 28 Dawood Lawrencepur Limited(DLL)	216.10 ▼ -24 (-10%)
At-Tahur Ltd. / Apr 28 At-Tahur Limited(PREMA)	78.07 ▼ -8.67 (-10%)

Stock	Volume
B.O.Punjab / Apr 28 The Bank of Punjab(BOP)	23,705,546 ▼ -0.41
Power Cement / Apr 28 Power Cement Limited(POWER)	21,585,733 ▼ -0.99
WorldCall Telecom / Apr 28 Worldcall Telecom Limited(WTL)	18,309,847 ▼ -0.03
Pak Elektron / Apr 28 Pak Elektron Limited(PAEL)	18,055,841 ▼ -2.41
Maple Leaf Cement / Apr 28 Maple Leaf Cement Factory Limited(MLCF)	14,648,408 ▼ -0.99
Sui North Gas / Apr 28 Sui Northern Gas Pipelines Limited(SNGP)	13,187,141 ▼ -4.28
Ghani Chemworld / Apr 28 Ghani Chemworld Limited(GCWL)	12,616,978 ▼ -1
Cnergyico PK / Apr 28 Cnergyico PK Limited(CNERGY)	12,357,232 ▼ -0.28
Sui South Gas / Apr 28 Sui Southern Gas Company Limited(SSGC)	11,366,687 ▼ -2.77
Lucky Cement / Apr 28 Lucky Cement Limited(LUCK)	9,953,480 ▼ -1392.57

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