ISLAMABAD, AUGUST 9: Bolan Castings Limited (PSX: BCL) notified the primary stock exchange on Friday that it would be temporarily suspending manufacturing starting next week.
The company is seeing a decline in sales as a result of the sharp decline in orders from our clients.
Therefore, starting on Monday, August 12, 2024, and ending on Friday, August 16, 2024, the management of the company has decided to temporarily suspend the company’s production activities, the company said in a stock filing.
The business produces and markets casting for automobile and tractor parts. The business is a division of Millat Tractors Ltd. At the time of filing, the BCL’s scrip at the bourse was Rs. 139.52, up 2 percent or Rs. 2.74 with 1,929 shares on Friday.
