Karachi July 10 2024: Sazgar Engineering Works Limited’s market capitalization is 1.6 times higher than Honda Pakistan’s and 1.4 times higher than the buyback price of Pak Suzuki Motor Company Limited, according to data from the Pakistan Stock Exchange.
As of 13:10 PST, SAZGAR’s market capitalization reached PKR 68.7 billion, while HCAR’s market capitalization stood at PKR 42.1 billion.
During the fiscal year 2024, SAZGAR sold 5,374 four-wheeler cars, a 194 percent increase compared to last year. In the three-wheeler segment, the company sold 15,014 rickshaws, a 60 percent increase from the previous year.
