Gharibwal Cement Ltd. Closes at 16.68 Today’s Rate; Nil Distributions for 2023

Karachi, Gharibwal Cement Ltd. (GWLC) closed today at a rate of PKR 16.68, with a daily weighted average rate of PKR 16.74. The company has a paid-up capital of PKR 4,002.74 million as of June. The distributions for the year ending June were 7.5% in 2021, 10% in 2022, and nil for 2023. The par value stands at PKR 10, with a market lot of 500. The previous book closure was on 19th October, and the company was listed in 1962. The high rate from January to September 2023 was PKR 13.52, with a turnover of 13,655,000.