Nishat Mills Ltd. Demonstrates Strong Market Presence

Karachi, Nishat Mills Ltd., trading under NML, closed at Rs. 82.81, with a daily weighted average rate of Rs. 82.47. The company, with a paid-up capital of Rs. 3,516 million, declared distributions of 40% for 2021 and 2022, and 50% for 2023. The par value is Rs. 10, with a market lot of 1. NML’s last book closure was on October 18, 1961. The high and low rates for the period were Rs. 81.4 and Rs. 49, respectively, with a turnover of 264,176,128. The EPS for January to November 2023 was Rs. 16.84.