Artistic Denim Mills Limited’s Stock Performance Reflects Strong Year

Karachi, Artistic Denim Mills Limited, listed under the symbol ADMM on the Pakistan Stock Exchange, closed at a rate of Rs. 57.49, with a daily weighted average rate of Rs. 57.39. The company, with a paid-up capital of Rs. 840 million, has a fiscal year ending in June. The distributions for 2021, 2022, and 2023 were 20%, 20%, and 35%, respectively. Its par value is Rs. 10, with a market lot of 500. The previous book closure was on October 17, 1995. The company’s January to November 2023 EPS was Rs. 4.21, while its high and low rates were Rs. 60.5 and Rs. 47, respectively. Turnover reached 4,772,000.