Azgard Nine Ltd Maintains Steady Rates in Textile Composite Sector

Karachi, Azgard Nine Ltd (ANL), a notable player in the Textile Composite sector, marked its presence in the Pakistan Stock Exchange with a closing rate of Rs. 9.87 as of 18 Dec 2023. The company, with a significant paid-up capital of Rs. 4,854.10 million, maintained a daily weighted average rate of Rs. 10.17. Throughout 2021 to 2023, ANL did not declare any distributions. The stock peaked at Rs. 10.08 and dipped to a low of Rs. 5.25, witnessing a turnover of 160,036,394 shares. Listed since 1996, ANL presented an Earnings Per Share (EPS) of Rs. 15.57 for the period from January to November 2023.