Karachi, Pak Elektron Ltd. (PAEL), listed in 1988, has shown positive financial growth with an earnings per share (EPS) of Rs 1.33* for January to February 2024. Despite not declaring any dividend for this period, the company’s market performance has been commendable with a today’s rate of Rs 22.62 and a massive paid-up capital of Rs 8,560.12 million. Pak Elektron, a cornerstone in the electrical goods sector, maintained its market presence without any dividend distribution, marking a period of strategic consolidation. The company’s previous book closure was on April 20, indicating its resilience and potential for future growth.
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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance
Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...
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