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Karachi, Mehran Sugar Mills Ltd., trading under MRNS, closed today at 58.00 Rs., slightly below its daily weighted average rate of 58.29 Rs. The company, with a paid-up capital of 749.28 million Rs., announced dividends and bonus shares for the year, comprising 7.5% cash (I) and 25% bonus shares, followed by 45% cash (I) and 10% bonus shares and then 10% cash (I). The stock turnover reached 76 million shares.
Listed in 1968 with a market lot of 500 shares, Mehran Sugar Mills reported an impressive earnings per share (EPS) of 19.26 Rs. for January 2024.