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Temporary Suspension of Production by Millat Tractors in Pakistan

Millat Tractors Limited (PSX: MTL) has officially notified the Pakistan Stock Exchange that it will suspend its production operations from December 26 to December 29, 2023. The company specified this temporary closure is to conduct routine annual maintenance activities, as detailed in their stock filing. Primarily recognized for its assembly and manufacturing of agricultural tractors, implements, and versatile products, the company also engages in the distribution, implementation, and support of IFS applications within Pakistan and internationally. On the most recent trading day, MTL’s stock closed at Rs. 593.93, experiencing a decline of 0.46 percent or Rs. 2.72 per share, with a trading volume of 74,685 shares.

Sadia Malik

I am content writer at AutoWheels Pakistan. I love Automobile and Technology.

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