Agriauto Industries Ltd. NC Maintains Stable Market Rate with Modest Distributions

Karachi, Agriauto Industries Ltd. NC (AGIL) reported a stable market rate of Rs. 101.01, with a daily weighted average rate of Rs. 100.77. The company, with a paid-up capital of Rs. 180.00 million, declared a distribution of 25% bonus in 2022, but no distribution for 2023. AGIL’s shares have a par value of Rs. 5, with a market lot of the same. The company, whose financial year ends in June, had its last book closure on October 17, achieving a high rate of Rs. 110 in the period from January to December 2023.