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Karachi, Millat Tractors Ltd., trading as MTL, saw its shares climb to Rs. 585.87, with the day’s high reaching Rs. 635. The company, a key player in the agricultural machinery sector since 1965, announced consistent dividends of 650% and 250% for the years 2022 and 2023, respectively, and an interim dividend of 250% for 2024. With a paidup capital of Rs. 1,917.98 million and an EPS of Rs. 17.61 for the JanuaryMarch 2024 quarter, Millat Tractors demonstrates strong financial performance and commitment to shareholder value. The turnover of over 7.44 million shares indicates robust market activity and investor interest.
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