Karachi, Mari Petroleum Co. Ltd., under the symbol MARI, has announced an unprecedented dividend payout, declaring 1240% for this year, with a staggering 1470% projected for next year and an additional 980% interim. The stock closed at Rs. 2802.84, be...
Read More »Security Papers Limited Announces Upcoming Corporate Briefing Session
Karachi, Security Papers Limited will hold its Corporate Briefing Session (CBS) on May 31, 2024, at the Pakistan Stock Exchange (PSX) Auditorium in Karachi. The event is scheduled to begin at 03:30 p.m. The session will take place on the third floor...
Read More »Dewan Farooque Motors Limited Plans to Double Authorized Capital
Karachi, Dewan Farooque Motors Limited announced a forthcoming meeting of its Board of Directors scheduled for May 31, 2024, in Karachi, Pakistan. The primary agenda item is to consider a proposal to increase the Company’s Authorized Capital from Rs. ...
Read More »Habib Insurance Co. Ltd. NC Consistently Delivers Moderate Returns
Karachi, Habib Insurance Co. Ltd. NC (HICL) reported a consistent share rate of Rs. 7.26. The company, with a paid-up capital of Rs. 619.37 million, distributed a 12.5% dividend for both 2022 and 2023. According to information available from the Pakis...
Read More »Pakistan Hotels Developers Announces Dividend Amid Market Volatility
Karachi, Pakistan Hotels Developers NC (PHDL) trades at Rs. 449.69, closely aligning with its daily average of Rs. 450.95. The company declared a 40% dividend this year, followed by 20% and 100% interim dividends. With a paid-up capital of Rs. 180.00 ...
Read More »Final Book Closure Dates Announced for First UDL Modaraba Merger with UDL International
Karachi, First UDL Modaraba (FUDLM) has announced the final book closure dates as part of its merger with UDL International Limited (UDLI), according to information available from the Pakistan Stock Exchange (PSX). This follows the Scheme Sanctioned b...
Read More »U.D.L. Modaraba Reports Modest Gains Amid Financial Adjustments
Karachi, U.D.L. Modaraba 1st. NC (FUDLM) today reported a trading rate of 7.70 RS with a daily weighted average rate of 7.82 RS. According to information available from the Pakistan Stock Exchange (PSX), the company announced a 19% distribution for 20...
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