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Nishat Power Ltd. Continues Steady Dividend Growth, Shares Remain Stable

Karachi: Nishat Power Ltd. (NPL) ended the day at PKR 30.05, with a daily weighted average rate of PKR 29.72. The company, with a paid-up capital of PKR 3,540.89 million, declared a 70% dividend for 2023, increasing from 45% in 2022 and 15% in 2021. Since its 2009 listing, NPL’s share price ranged from a high of PKR 27.95 to a low of PKR 15.93. The turnover for the period was 222,249,054 shares, with an EPS of PKR 7.57 for the year 2021/2022.

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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...