2 min read
Ghandhara Automobiles Limited (GAL) has experienced a significant surge in its stock price, rising over 53% in the past month. On December 19, 2024, the share price was Rs 260, and by January 15, 2025, it had climbed to Rs 398, marking the company’s highest-ever share price.
This impressive growth is largely attributed to the successful launch of the JAC T9 Hunter pickup truck model in the market. Priced at the ex-showroom rate of Rs 9.75 million, T9 Hunter has been well-received in Pakistan and that is why the company stopped taking new orders from January 15, 2025, temporarily to ensure timely delivery.
The JAC T9 Hunter stands out with its robust design and competitive pricing, positioning it as a strong contender against established models like the Toyota Hilux Revo and Isuzu D-Max. It has introduced new products in the market and expanded GAL’s portfolio as well as improved its standing in the automotive industry.
In addition to the T9 Hunter’s success, GAL is also set for the entry of the new Isuzu D-Max facelifted model which the company anticipates to arrive soon. Anticipated for the first quarter of FY 2025, with bookings expected to commence next year, this model is expected to improve the already gained market standing of the company and support further growth in the years to come.
Despite a general slowdown in the market, GAL’s strategic product launches and effective market penetration have enabled the company to achieve remarkable stock performance, reflecting strong investor confidence and a positive outlook for its future endeavors.
