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Karachi, Oil & Gas Development Co. Ltd. (OGDC) reported a stable closing rate of Rs. 127.06 per share. The company, holding a significant paid-up capital of Rs. 43,009.28 million, announced a distribution increase to 85.50% for the year ending June 2023, compared to the previous year’s 72.5%. OGDC’s stock performance, with a high of Rs. 128.9 and a daily average rate of Rs. 125.95, indicates a consistent market presence.
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