Pakistani Undiscovered Gems With Strong Fundamentals

Nestlé Pakistan

Market Cap: PK₨362.8b

Manufactures, processes, and sells dairy, nutrition, beverages, and food products in Pakistan, Afghanistan, the United States, and internationally.

Ibrahim Fibres

Market Cap: PK₨90.1b

Manufactures and sells polyester staple fiber (PSF) and yarn products in Pakistan, Singapore, and Switzerland.

Wafi Energy Pakistan

Market Cap: PK₨50.9b

An energy company, markets petroleum products and compressed natural gas in Pakistan.

Pakistan Stock Exchange

Market Cap: PK₨40.3b

Provides securities market services in Pakistan.

Pakistan Tobacco

Market Cap: PK₨416.6b

Manufactures and sells, tobacco, velo, and vuse in Pakistan and internationally.

Intermarket Securities

Market Cap: PK₨28.2b

Engages in investment and share brokerage activities.

Tariq Glass Industries

Market Cap: PK₨40.4b

Engages in the manufacture and sale of glass containers, opal glass, tableware, and float glass in Pakistan.

JDW Sugar Mills

Market Cap: PK₨52.0b

Produces and sells sugar, and other related by-products in Pakistan.

Arif Habib

Market Cap: PK₨73.4b

Engages in the securities brokerage business in Pakistan.

Searle

Market Cap: PK₨77.4b

Manufactures and sells pharmaceutical and other consumer products in Pakistan, Sri Lanka, Myanmar, Cambodia, Vietnam, Iraq, Oman, Afghanistan, Tajikistan, Laos, Kenya, and internationally.

Flying Cement

Market Cap: PK₨38.9b

Engages in manufacturing, marketing, and sale of cement in Pakistan.

Standard Chartered Bank (Pakistan)

Market Cap: PK₨284.3b

Provides various banking products and services in Pakistan and internationally.

Hoechst Pakistan

Market Cap: PK₨42.3b

Engages in the manufacture, trading, and sale of pharmaceutical and related products in Pakistan, Afghanistan, and internationally.

Highnoon Laboratories

Market Cap: PK₨55.7b

Manufactures, imports, sells, exports, and markets pharmaceutical and allied consumer products.

Honda Atlas Cars (Pakistan)

Market Cap: PK₨40.0b

Engages in the assembling, manufacture, and sale of Honda vehicles and spare parts in Pakistan, Japan, and Thailand.

Service Industries

Market Cap: PK₨79.2b

Manufactures and sells footwear and technical rubber products in Pakistan, Europe, South America, North America, Asia, Africa, and Australia.

Dawood Lawrencepur

Market Cap: PK₨40.7b

Through its subsidiaries, engages in the trading and marketing of renewable energy solutions to commercial and industrial consumers in Pakistan.

FrieslandCampina Engro Pakistan

Market Cap: PK₨71.1b

Engages in manufacturing, processing, and selling of dairy based products and frozen desserts in Pakistan.

Shifa International Hospitals

Market Cap: PK₨36.1b

Shifa International Hospitals Limited, together with its subsidiaries, establishes and operates medical centers and hospitals in Pakistan.

Kohinoor Textile Mills

Market Cap: PK₨91.5b

Engages in the manufacture and sale of yarns and clothes in Pakistan.

Abbott Laboratories (Pakistan)

Market Cap: PK₨121.9b

Manufactures, imports, and markets generic pharmaceutical, nutritional, diagnostic, diabetes care, molecular devices, hospital, and consumer products in Pakistan, Afghanistan, Sri Lanka, Bangladesh, and Switzerland.

Rafhan Maize Products

Market Cap: PK₨92.7b

Manufactures and sells industrial products in Pakistan and internationally.

National Bank of Pakistan

Market Cap: PK₨555.3b

Provides various commercial banking products and services for individuals, corporate entities, and governments in Pakistan, the Asia Pacific, Europe, the United States, and the Middle East.

Thatta Cement

Market Cap: PK₨35.4b

Together with its subsidiary, engages in the manufacturing and marketing of clinker and cement in Pakistan.

Ghandhara Industries

Market Cap: PK₨36.2b

Engages in the manufacture, assembly, and marketing of Isuzu trucks, buses, and pick-up trucks in Pakistan.

Adamjee Insurance

Market Cap: PK₨39.0b

Engages in the general insurance business in Pakistan and the United Arab Emirates.

Pakistan Oxygen

Market Cap: PK₨29.0b

Manufactures and sells industrial and medical gases, medical engineering, pipeline design services, medical equipment, welding products, and associated solutions in Pakistan.

Pakistan Aluminium Beverage Cans

Market Cap: PK₨47.6b

Engages in the manufacture and sale of aluminum beverage cans in Pakistan, Afghanistan, Bangladesh, Uzbekistan, and internationally.

GlaxoSmithKline Pakistan

Market Cap: PK₨142.4b

Operates as a biopharma company in Pakistan.

Fatima Fertilizer

Market Cap: PK₨329.6b

Engages in buying, manufacturing, producing, importing, exporting, and selling of fertilizers and chemicals in Pakistan.

Pakistan Oilfields

Market Cap: PK₨182.5b

Engages in the exploration, drilling and production of crude oil and gas in Pakistan.

Haleon Pakistan

Market Cap: PK₨115.7b

Engages in the manufacture, marketing, and sale of consumer healthcare products in Pakistan, rest of Asia, Africa, Australia, North America, the Middle East, and Europe.

Lucky Core Industries

Market Cap: PK₨141.2b

Manufactures and trades in soda ash, polyester, pharmaceuticals, chemicals and agri sciences, and animal health products.

Askari Bank

Market Cap: PK₨160.1b

Provides various banking products and services in Pakistan and the Middle East.

National Foods

Market Cap: PK₨97.8b

Manufactures and sells convenience based food products in Pakistan.

Millat Tractors

Market Cap: PK₨106.4b

Engages in assembling, manufacture, and sale of agricultural tractors, implements, and multi-application products in Pakistan and internationally.