BECO Steel Ltd. Reports Consistency in Distributions

Karachi, BECO Steel Ltd. (BECO) reported a daily weighted average rate of Rs. 7.40, with a paid-up capital of Rs. 1,249.62 million as of June. A distribution of 10% was reported for the year 2023, with no distributions reported for the years 2021 and 2022. The par value is Rs. 10, and the market lot is 500. The previous book closure was on 21st October 1989. From January to September 2023, the highest rate was Rs. 6.95, and the lowest rate was Rs. 7150500.

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