Hi-Tech Lubricants Ltd. Demonstrates Consistency in Market Performance

Karachi, Hi-Tech Lubricants Ltd. (HTL) had a closing rate of Rs. 26.24, with a daily weighted average rate of Rs. 26.06. The company’s paid-up capital stands at Rs. 1,392.05 million. HTL’s fiscal year ends in June, with a 40% and 20% bonus distribution in 2021, a 38% distribution in 2022, and no distribution for 2023. The par value of the stock is Rs. 10, with a market lot of 500. The previous book closure was on October 21, 2016. HTL was listed on the PSE in 2016. The high and low rates for January to September 2023 were Rs. 20.05 and Rs. 73158500, respectively.

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