We initiate coverage on Interloop Limited (ILP), Pakistan's second largest textile exporter and one of the world's leading socks producer with a Buy rating. At our Target Price of Rs100, the stock offers ~40% upside from current levels. Our Buy rating for the stock is premised on: - Continued strong revenue momentum - Revenue growth - Stable margins - Favorable positioning on financial charges Trading at FY25E P/E of 5x and PEG of 0.3x (based on 5-yr earnings CAGR of 16%), we believe stock offer

Exciting day at PSX! Gong Ceremony now taking place on the launch of a case study on Interloop Limited, a major player in Pakistan's textile sector. #Interloop #PSX | Pakistan Stock Exchange Limited

Interloop Limited, a textile giant based out of Faisalabad, made the transition to a public listed company. Watch this space as we explore their journey and discover how PSX helped them in their obstacles. #PSX #interloop #ListingJourney #KSE100 #capitalformation #equity #growth | Pakistan Stock Exchange Limited

Get satisfying answers to all your questions about the Interloop IPO on our website, follow this link to learn more: https://bit.ly/2u7IhMK | Pakistan Stock Exchange Limited