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Karachi, Gatron (Industries) Ltd. (NC), a key player in the synthetic and rayon sector, reported substantial bonus share distribution for the year ending June 2023. The company’s shares traded at Rs. 249.08, with a daily weighted average rate of Rs. 767.29. While not declaring cash dividends, Gatron (Industries) announced a 30% interim and 100% bonus share distribution. The EPS for January to November 2023 was Rs. 27.78, with the share price reaching a high of Rs. 499.9 and a low of Rs. 185.01. Listed since 1992, the company maintains a significant presence in the market.
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