Karachi: International Industries Ltd. (NC), trading with the symbol INIL, has announced a healthy dividend payout of 100% for 2021, 80% for 2022, and 75% for 2023. The company's share rate stands at PKR 110.11 today, with a daily weighted average rat...
Read More »Telecard Limited’s TFC Fully Redeemed; Next Coupon Was Due December 2021
Karachi: Telecard Limited had issued a Term Finance Certificate (TFC), symbol TELE TFC, with a tenor of 6 years and a profit rate tied to the 3-month KIBOR plus 0%. The total issue size was 2.4 billion rupees, which has now been fully redeemed. The la...
Read More »Interloop Ltd. Witnesses Significant Closing Gain on the Pakistan Stock Exchange
Karachi: Interloop Ltd. experienced a notable increase in its closing price during today's trading on the Pakistan Stock Exchange. The textile giant opened the day at PKR 57.49 and closed significantly higher at PKR 59.88. The stock hit a low of PKR 5...
Read More »Power Holding Limited Secures Financing through Sukuk; Coupon Due March 2024
Karachi: Power Holding Limited has secured financing via a Sukuk with a 10-year tenor and a profit rate of the 6-month KIBOR plus 0.8%. The substantial issue size of PKR 200 billion is fully outstanding. The next coupon is expected to be paid on 01st ...
Read More »BECO Steel Ltd Ends Day at PKR 7.31; Announces 10% Dividend
Karachi: BECO Steel Ltd, trading as BECO, ended the day at PKR 7.31. The company declared a 10% dividend for June. Since its 1989 listing, it reached a high of PKR 11 and a low of PKR 6.95, with a turnover of 8,719,500 shares and an EPS of PKR 0.09 fo...
Read More »Ghani Glass Ltd Announces Dividend and Rights Issue; Shares at PKR 25.58
Karachi: Ghani Glass Ltd, listed as GHGL, closed at PKR 25.58. The company declared dividends of 95% and 55% rights, followed by 25% and 20% along with a 19.1% bonus for June. Since its 1994 listing, the stock reached a high of PKR 39.15 and a low of ...
Read More »Mehmood Textile Maintains Steady Trading at Opening Price
Karachi: Mehmood Textile (MEHT) saw its shares unchanged in price throughout the day, maintaining its opening and closing figure at 483.5. With limited trading activity, the volume stood at 100 shares, and the stock did not fluctuate, closing at the d...
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