Interloop Limited Registers Strong Market Presence

Karachi, Interloop Limited (ILP), a significant name in the textile industry, closed at Rs. 69.32 on the Pakistan Stock Exchange. The company, boasting a large paid-up capital of Rs. 14,014.47 million, had a daily weighted average rate of Rs. 70.17. ILP distributed dividends of 25%3%B in 2021, 40%4%B in 2022, and 50%50%B in 2023. The stock reached a high of Rs. 70.87 and a low of Rs. 31.8, with a turnover of 152,922,460 shares. Listed in 2019, ILP recorded an EPS of Rs. 7.21 for January-November 2023.