Karachi, K-Electric Limited has secured long-term financing with a seven-year Sukuk (K E LS C 5) at a profit rate of 3M KIBOR+1.7%. With a face value of Rs. 5,000 per lot, the total issue size stands at Rs. 25,000,000,000, out of which Rs. 23,750,000,...
Read More »JS Bank Limited Offers Tier-I and Tier-II TFCs
Karachi, JS Bank Limited has issued two sets of TFCs: "JS B LTFC 2" for Tier-I and "JS B LTFC 3" for Tier-II. The Tier-I TFCs are perpetual with an issue size of Rs. 2,500,000,000 and a profit rate of "6M KIBOR+2.25%", due for the next coupon on "30-D...
Read More »Siddiqsons Tin Plate Ltd Holds Its Ground Without Dividends
Karachi, Siddiqsons Tin Plate Ltd (STPL), despite not offering dividends this year, held its ground in the market. The company, with a substantial capital of Rs. 2,292.79 million, had its shares reach a high of Rs. 8.9 and a low of Rs. 5.52, with a da...
Read More »EcoPack Ltd. Announces Bonus Shares as Market Stabilizes
Karachi, EcoPack Ltd. (ECOP) declared a 15% bonus issue for the year, following a 10% bonus earlier. The packaging company, with a paid-up capital of Rs. 482.58 million, had its shares trade between Rs. 19.8 and Rs. 12.7, with a daily weighted average...
Read More »Bestway Cement Ltd. Reports Robust Dividend Growth and Share Price Stability
Karachi, Bestway Cement Ltd., trading with the symbol BWCL, has seen its dividend rise to 210%, up from 140% and 160% in the preceding years. The company's share rate today stands at PKR 201.50, with a daily weighted average of PKR 203.73. With a paid...
Read More »Habib Rice Products Ltd. Reports Consistent Dividend Growth and Stable Share Performance
Karachi, Habib Rice Products Ltd., with the symbol HRPL, has shown steady performance with today's rate at PKR 38.70 and a daily average of PKR 38.82. The company, with a paid-up capital of PKR 200.00 million, declared a 70% dividend in 2023, up from ...
Read More »Sanghar Sugar Mills Ltd. Maintains Share Price, Declines to Issue Dividends
Karachi, Sanghar Sugar Mills Ltd., under the symbol SANSM, has a share price of PKR 12.70. The company's paid-up capital is PKR 119.46 million, and it did not declare any dividends for the past three years. The shares traded between a high of PKR 14.5...
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