Pakistan, April 21 -- Pak Elektron Limited (PEL) has expanded its partnership with Panasonic to offer premium smart LED solutions in Pakistan. This new collaboration aims to meet the rising demand for advanced visual products in the country. PEL announced this partnership in a notice to the Pakistan Stock Exchange (PSX) on Monday.

The partnership is expected to boost PEL's business, revenue, and profitability. On April 18, 2025, Panasonic certified the PEL facility, further solidifying their business ties. PEL plans to provide Panasonic's premium smart LED TVs and displays, which feature advanced capabilities and exceptional image quality.

The announcement positively affected PEL's stock price, which rose by 2.02% to reach Rs47.54 as of...