Karachi, The NIT Islamic Equity Fund has maintained its offer and redemption prices at Rs. 8.81, according to the recent update from the Pakistan Stock Exchange. This fund, which focuses on Shariah-compliant equity investments, did not announce any di...
Read More »Reliance Insurance Co. Ltd. Announces Distribution with Positive EPS
Karachi, Reliance Insurance Co. Ltd. (RICL) has declared a 5% distribution along with a 5% bonus for the year 2022. The company reported an earnings per share (EPS) of Rs. 0.7 for the JanuaryFebruary 2024 period. With a paidup capital of Rs. 665.38 mi...
Read More »Sitara Energy Ltd. Reports No Earnings, No Dividend Announced
Karachi, Sitara Energy Ltd. has not provided earnings per share data for the JanuaryFebruary 2024 period. With a significant paidup capital, the company did not declare any dividend for the fiscal year 2022/2023. Listed since 1995, Sitara Energy has n...
Read More »Shahzad Textile Mills Ltd. Faces Financial Challenges
Karachi, Shahzad Textile Mills Ltd. (SZTM) has reported its financial results for January to February 2024, with an EPS of (14.98). The company, which has been part of the Pakistan Stock Exchange since 1983, did not announce any dividends during this ...
Read More »Ishaq Dar appointed as Pakistan’s new Foreign Minister, pledges economic diplomacy
Islamabad, In a recent announcement, Prime Minister Shahbaz Sharif has appointed Ishaq Dar as Pakistan's Foreign Minister. The new minister is expected to bring a fresh focus on economic diplomacy and improve relations with key international partners, ...
The post Ishaq Dar appointed as Pakistan’s new Foreign Minister, pledges economic diplomacy appeared first on Pakistan Business News.
Read More »Substantial Shareholder Transactions at Reliance Insurance Company Limited Reported to Pakistan Stock Exchange
Karachi, In recent filings with the Pakistan Stock Exchange, Reliance Insurance Company Limited disclosed transactions conducted by Sharmeen Foods Pvt. Ltd., a substantial shareholder in the company. According to the disclosure, on March 11, 2024, Sha...
Read More »Elahi Cotton Mills Ltd. Announces Positive Financial Performance
Karachi, Elahi Cotton Mills Ltd. (ELCM), a longstanding entity on the Pakistan Stock Exchange since 1974, disclosed an earnings per share (EPS) of Rs. 0.63 for JanuaryFebruary 2024. Despite its positive earnings, the company announced no dividends or ...
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