Equity Modaraba Reports Rs. 3.00 Closing Rate

Karachi, Equity Modaraba 1st. NC (Symbol: FEM) closed at Rs. 3.00. With a paid-up capital of Rs. 524.40 million, it reported a 5% distribution for 2021. The year ends in June and the par value is Rs. 10. Having been listed in 1992, its EPS for January-September 2023 stands at Rs. 7.15. The company traded at a high of Rs. 3 with a turnover of Rs. 224,500. The Modaraba’s rate at the end of the day was Rs. 0.31.

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