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Gharibwal Cement Ltd. Reports Strong Financial Performance with Substantial EPS Growth

Karachi, Gharibwal Cement Ltd. has announced an impressive EPS of Rs. 3.08 for the first four months of 2024, a significant improvement from previous years. The company’s share price closed today at Rs. 26.78, with a high of Rs. 29.75 recorded earlier. Gharibwal, which has been a part of the stock market since 1962, also declared a 10% dividend, reflecting its stable financial footing despite not distributing any dividends in 2023. The company saw a total of 13,736,500 shares change hands in today’s trading session.

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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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