PACRA revises Ghandhara Industries’ outlook to positive
PACRA has maintained the entity ratings of Ghandhara Industries Limited (PSX: GHNI) at A+ for the long term and A1 for the short term, while revising the outlook to Positive from Stable.
October 19, 2026 (MLN): PACRA has maintained the entity ratings of Ghandhara Industries Limited (PSX: GHNI) at A+ for the long term and A1 for the short term, while revising the outlook to Positive from Stable. Ghandhara Industries Limited maintained its leadership in Pakistan’s truck and bus market in FY26, with higher sales volumes, revenue growth and improved profitability supporting the Positive outlook re...