Karachi, National Refinery Ltd. (NRL), a key player since 1964 in the refinery sector, recorded a daily rate of Rs. 289.06 with an average of Rs. 284.29. Despite a significant dividend distribution of 150% in the previous year, NRL announced no dividend for the year ending 2024. With an EPS of Rs. 206 for the January-March 2024 period, the company demonstrates a conservative financial stance amidst the industry’s evolving dynamics.
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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance
Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...
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