Dewan Farooque Spinning Maintains Steady Market Performance Without Dividend Issuance

Karachi: Dewan Farooque Spinning Mills (DFSM) maintained a steady share rate closing at Rs. 2.35 and showed a daily weighted average rate of Rs. 2.39. The firm, with a paid-up capital of Rs. 977.51 million, had no distributions for the fiscal year ending in June 2023. Shares peaked at a high rate of Rs. 1.25 and DFSM traded a total of 68,298,500 shares, holding a market lot of 500. The last closure of its books was on October 19th since the company’s listing in 2005.

Check Also

PM and Defence Production Minister Discuss Makkah Joint Defence Agreement

Islamabad: Minister for Defence Production Muhammad Raza Hayat Harraj called on Prime Minister Muhammad Shehbaz Sharif in Islamabad. The meeting focused on discussions of mutual interest between the two leaders. According to Radio Pakistan, the Mini...