Ghazi Fabrics International Ltd NC Faces Market Challenges

Karachi, Ghazi Fabrics International Ltd, trading under the symbol GFIL, has faced market challenges in the Pakistan Stock Exchange, closing at Rs. 6.09 with a daily weighted average rate of Rs. 5.84. The company’s paid-up capital is Rs. 326.36 million. Despite declaring a 7.5% dividend in 2021, Ghazi Fabrics International Ltd struggled in maintaining its market position. Since its listing in 1992, the company’s highest rate was Rs. 6.72, and the lowest was Rs. 3.1. The turnover for the period was 4,415,000 shares, with an EPS of Rs. 6.02 for 2021/2022.