Hi-Tech Lubricants Ltd. Declares Dividend Amid Market Adjustments

Karachi, Hi-Tech Lubricants Ltd. (HTL), a notable entity in the lubricants sector, declared a 38% dividend for its shareholders. The stock closed at Rs. 23.87, slightly above its daily weighted average rate of Rs. 23.75. The company’s turnover reached Rs. 1,392.05 million, with an EPS of Rs. 22 for the initial quarter of 2024.

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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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