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Karachi, Lalpir Power Ltd. (LPL) reported a significant closing rate of Rs. 23.10 per share on the Pakistan Stock Exchange. The company, holding a paid-up capital of Rs. 3,798.39 million, declared a substantial distribution increase to 150%(I) for the year ending December 2023, up from the previous year’s 35%. LPL’s shares reached a high of Rs. 32.97 and a low of Rs. 23.02, indicating robust investor interest following the distribution announcement.
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