Allied Rental Modaraba Observes a Closing Rate of Rs. 27.79

Allied Rental Modaraba (ARM) saw its shares close at Rs. 27.79 on the Pakistan Stock Exchange (PSE). With a daily weighted average rate of Rs. 2,200.00, ARM has sustained its financial bearing with a paid-up capital in the millions and concluding its fiscal year in June. The company declared a 15% distribution, maintained a par value of Rs. 10, and a market lot of 500, with the previous book closure on October 20, 2007. With an EPS of Rs. 28.5 from January to September 2023 and Rs. 25 for the financial years 2021/2022, ARM offers its stakeholders a perspective on its financial standing.