Mughal Iron & Steel Industries Reports Strong Performance in 2023

Karachi, (PPI Bot): Mughal Iron & Steel Industries (MUGHAL) showcased robust financial performance in the year 2023, as revealed by the latest financial announcements from the Pakistan Stock Exchange (PSE). The company’s stock, trading under the symbol MUGHAL, witnessed significant activity in today’s market. Here are the key details:

Today’s Rate: Rs. 64.22

Daily Weighted Avg. Rate: Rs. 64.32

Paid-Up Capital: Rs. 3,356.34 Million

Year Ending: June

Distributions for 2021: 30% (Interim), 16% (Right), 15% (Bonus)

Par Value: Rs. 30

Market Lot: 10

Previous Book Closure: 1st October

Year of Listing: 2015

EPS (Earnings Per Share) for 2021/2022: Rs. 61.53 (2021), Rs. 40.9 (2022)

High Rate: Rs. 129.65 Million

Low Rate: Rs. 11.75 Million

Turnover: Rs. 61.53 Million

MUGHAL’s financial performance has shown steady growth, with its EPS increasing from Rs. 61.53 in 2021 to Rs. 40.9 in 2022. The stock’s high rate reached Rs. 129.65 Million, while the low rate was recorded at Rs. 11.75 Million, reflecting the volatility in the market.

The company’s strong performance is indicative of its commitment to delivering value to shareholders and investors. Stay tuned for more updates on Pakistan’s stock market.

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