Nishat Mills Ltd. Delivers Consistent Returns

Karachi, Nishat Mills Ltd. NC (NML) closed at Rs. 82.67, with a very close daily average of Rs. 82.59. With a robust paid-up capital of Rs. 3,516.00 million, NML declared a 40% dividend, maintaining the previous year’s distribution level, alongside a 50% bonus issue. Trading since 1961, the company’s shares reached a high of Rs. 81.4 and a low of Rs. 49, with a turnover of 264,176,128 shares. The EPS for January to November 2023 was recorded at 16.84.

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