The two fertilizer companies owned by the military have had a good run this past year, with a recovery from a bad year in 2019 helping Fauji Fertilizer Bin Qasim’s growth numbers“Mein bara ho kar fauji banoon ga”Chances are, if you have grown up in Pakistan, you have probably heard the above sentence. The army is so intertwined with the very fabric of the country (for reasons beyond the scope of this magazine), that it is not uncommon for children to want to join the sixth largest army in the world (ranked by military personnel).Except perhaps if you really want your kids to succeed, maybe that adage should be amended to “mein bara ho kar Fauji mein kaam karoon ga”. In 1954, the Pakistan Army set up the Fauji Foundation, as a charitable trust initially designed to help provide welfare for the army’s retired soldiers as well as their dependents. In 2020, this charitable trust is almost unrecognisable.It has sprawled into a massive conglomerate, that runs 21 associated companies, and three fully owned companies, in industries as varied as fertilisers, cement, power, oil, gas, food, grain, and even banking (Askari Bank). On top of that, it operates 15 medical facilities, 100 schools and colleges, 65 vocational training centers and nine technical training centers across the country. By its own estimates, its welfare programs serve 9 million beneficiaries.
: Following were the Closing Rates of shares at Pakistan stock exchange Limited (PSX) issued here on Monday.AUTOMOBILE ASSEMBLER: Al-Ghazi Tractors Limited.360.05Atlas Honda Limited.489.99Dewan Farooque Motors Limited[DEFAULTER SEGMENT]6.51Ghandhara Industries Ltd.329.29Ghandhara Nissan Ltd.129.58Ghani automobile Industries Ltd.6.4Hino Pak Motor Limited.382.25Honda Atlas Cars (Pak) Ltd.307.99Indus Motor Company Ltd.1174.88Millat Tractors Limited.1126.46Pak Suzuki Motors Co Ltd.262.96Sazgar Engineering Works Ltd.192.62AUTOMOBILE PARTS & ACCESSORIES: Agriautos Industries Co. Ltd.240.5Atlas Battery Ltd.293.61Exide Pakistan Ltd.399.54General Tyre & Rubber Co.91.16Loads Limited.16.41Loads Limited. (R)5.54Thal
Limited.431.24CABLE & ELECTRICAL GOODS:EMCO Industries Ltd.36.5Pak Elektron Ltd.41.33Pakistan Cables Ltd.155.7Siemens (Pak) Eng. Co. Ltd.550WAVES Singer Pakistan Ltd.27.46CEMENT: Attock Cement Pak Ltd.169.61Bestway Cement Limited.168.71Cherat Cement Co. Ltd.171.24D. G. Khan Cement Co. Ltd.116.94Dewan Cement Limited.10.94Fauji Cement Co Ltd.24.16Fecto Cement Ltd.36.08Flying Cement Company Ltd.10.64Gharibwal Cement Ltd.41.41Javedan Corporation Ltd.23Kohat Cement Co. Ltd.213.6Lucky Cement Limited.739.39Maple Leaf Cement Factory Ltd.44.62Pioneer Cement Ltd.124.79Power cement Limited11.19Safe Mix Concrete Ltd.7.45Thatta Cement Company Ltd.18.88CHEMICAL: Agritech Limited4.83Archroma Pakistan Limited.625Berger Paints Pakistan Ltd.108.21Bifo Industries Ltd.155Colgate Palmolive (Pak) Ltd.2893.33Data Agro Limited17.25Descon Oxychem Ltd.35.79DYNEA Pak.258.68Engro Polymer & Chemicals Ltd.47.8Engro Polymer & Chemicals Pref.
Shares11.25Ghani Global Holdings Limited.(XB)14.7ICI Pakistan Limited.874.29Ittehad Chemical Ltd.37.64Leiner Pak Gelantine Limited.16.67Lotte Chemical Pakistan Ltd.15.2Nimir Industrial Chemical Ltd.100.04Nimir Resins Limited.13.41Pakistan Oxygen Limited.159.57Pakistan PVC [DEFAULTER SEGMENT]3.82Sardar Chemical IndustriesLtd.39.01Sitara Chemicals.356.73Sitara Peroxide Limited34.24Wah Noble Chemicals Ltd.227.13CLOSE END MUTUAL FUND:HBL Growth Fund9.02HBL Investment Fund3.5Tri Star Mutual Fund Ltd.5.99COMMERCIAL BANKS:Allied Bank Ltd.85.06Askari Bank Limited.23.96Bank Al Habib Ltd.74.85Bank Alfalah Ltd.35.99Bank Of Punjab.9.31Bankislami Pakistan Ltd.13.76Faysal Bank Limited.20.13Habib Bank Limited.138.12Habib Metropolitan Bank Limited.38.28JS Bank Limited.6.8MCB Bank Limited.192.49Meezan Bank Limited.110.94National Bank Of Pakistan.40.62Samba Bank Limited.7.65Silk Bank Limited.1.52Soneri Bank Ltd.10.25Standard Chartered Bank Pak Ltd.31.81Summit Bank Limited.[DEFAULTER SEGMENT]1.87The Bank of Khyber.15United Bank Ltd.138.22ENGINEERING:Agha Steel Industries Ltd.38.22Aisha Steel Mills Convertibl Pre Sh32Aisha Steel Mills Limited.23.96Amreli Steels Limited.49.36Bolan Casting Ltd.118.56Crescent Steel & Allied Product.84.27Dadex Eternit Ltd.38.98Dost Steels Ltd.[DEFAULTER SEGMENT]4.27International Industries Ltd.216.46International Steels Limited.92.74Ittefaq Iron Industries Limited.18.95KSB Pumps Co Ltd.380Mughal Iron & Steels Ind Ltd.76.73FERTILIZER:Arif Habib Corporation Ltd.42Engro Corporation Limited.309.1Engro Fertilizers Limited.63.8Fatima Fertilizer Co Ltd.29Fauji Fertilizer Bin Qasim Ltd.26.82Fauji Fertilizer Co. Ltd.109.4FOOD & PERSONAL CARE PRODUCTS:Al Shaheer Corporation.16.16At Tahur Ltd.18.78Clover Pakistan Limited.