Azgard Nine Ltd Reports No Dividend with High Turnover

Karachi: Shares of Azgard Nine Ltd (ANL) were traded at a closing price of Rs. 7.74, with a daily weighted average rate of Rs. 7.83. Despite having no dividend announcement for the year, the company recorded a substantial turnover of 97,212,998 shares. Azgard Nine, with a massive paid-up capital of Rs. 4,854.10 million and a par value of Rs. 10, is traded in singular units. The stock, present on the exchange since 1996, fluctuated to a low of Rs. 5.25 over the trading period.

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