Engro Corporation Limited (ENGRO) - “Buy”; Selling Thermal Assets to Unlock Value
We reiterate our ‘Buy’ stance on Engro Corporation (ENGRO) with a Dec-2024 Target Price (TP) of Rs490/share, offering a potential upside of...
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Engro Corporation (ENGRO PA)
Engro Corporation (ENGRO PA)
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Analysis
Materials • Pakistan
Engro Corporation Ltd. manufactures and markets fertilizers and plastics; generates electricity; and processes food. The Company produces nitrogenous, phosphatic and blended fertilizers; polyvinyl chloride resin; and industrial automation products; develops electricity generating plants; produces dairy foods; and operates a liquefied petroleum gas and liquid chemical terminal.
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