Shahbaz Ashraf

Shahbaz Ashraf

Business Consultant

Seasoned Investment Professional | CFA | 17+ Years of Experience in Equity Research, Valuation & Advisory Seasoned investment professional with over 17 years of experience in equity research, financial analysis, valuations, and investment advisory—primarily focused on financial services firms, including equity brokerages, asset management companies, and family offices. Skilled in financial modeling, portfolio management, and evaluating multi-asset investment opportunities. Known for delivering data-driven insights and actionable strategies tailored to both institutional and private clients. Holds a BBA and MBA in Finance from the Institute of Business Management (IoBM), Karachi, and is a Chartered Financial Analyst (CFA).

Fields of Expertise

Business

Education

Institute of Business Management / CFA Institute

Past Organizations

FRIM Ventures (Pvt.) Limited, Lakson Investment (Pvt.) Limited, Arif Habib Limited, Askari Investments (Pvt.) Limited, Macquarie International, Taurus Securities, Board Member - CFA Society Pakistan

Corporate earnings analysis of KOHC, PPL, & ASTL
Markets

Corporate earnings analysis of KOHC, PPL, & ASTL

Kohat Cement posted earnings per share of PKR 3.2 for Q1 FY26, reflecting a 25% increase from the previous quarter

Stock analysis: PNSC’s bold expansion story
Markets

Stock analysis: PNSC’s bold expansion story

PNSC’s earnings have jumped from PKR 11 to PKR 103 per share, driven by strong freight rates, cost discipline, and massive cash reserves

Ufone–Telenor merger approved: What it means for Pakistan’s telecom future
Markets

Ufone–Telenor merger approved: What it means for Pakistan’s telecom future

The development places Pakistan Telecommunication Corporation Limited aka PTCL as one of the most dominant players in the country's telecom sector

PSX ends the week flat: What’s behind FFC’s sharp rally?
Markets

PSX ends the week flat: What’s behind FFC’s sharp rally?

Pakistan Stock Exchange ended the week on a muted but positive note, with the KSE-100 Index rising 0.1% (168 points) to close at 162,103

DGKC, BAHL and MTL earnings drop: What the numbers show
Videos

DGKC, BAHL and MTL earnings drop: What the numbers show

In this episode of Stock Watch, Nukta’s Shuja Qureshi and Shahbaz Ashraf analyze the latest quarterly earnings of D.G. Khan Cement Company, Bank Al Habib, and Millat Tractors Limited

Maple Leaf Cement announces possible acquisition of Pioneer Cement
Markets

Maple Leaf Cement announces possible acquisition of Pioneer Cement

Currently, MLCF Capital and Maple Leaf Cement collectively hold an 18.5% stake in Pioneer