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Ghandhara Tyre and Rubber Co. Faces Challenges Despite Dividend Announcements

Karachi, Ghandhara Tyre and Rubber Co. (symbol code: GTYR) traded at 45.07, slightly below its average of 45.29. The company’s paid-up capital is 1,219.33 million rupees. According to information available from the Pakistan Stock Exchange (PSX), Ghandhara Tyre declared a 30% cash dividend but faced market challenges, trading 45,494,000 shares and reporting a negative earnings per share of -1.37.

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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance

Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...

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