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Karachi, Millat Tractors Ltd., known for its significant role in the automotive industry, marked a closing stock price of Rs. 605.75 with a peak rate of Rs. 1,917.98. The company declared a substantial 650% dividend for 2023 and maintained a similar trend with a 250% dividend in 2024. With a paid-up capital of 10,279,832 million rupees, the earnings per share for the early part of 2024 stood at Rs. 17.61.
Established and listed since 1965, Millat Tractors remains a dominant force in the market, continuing to deliver strong financial results.