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Karachi, Pakistan Cables Ltd. (PCAL), operating in the cable manufacturing sector, demonstrated robust performance in 2023. PCAL’s today’s rate stood at PKR 121.00, closely following its daily weighted average rate of PKR 120.81. The company, with a paid-up capital of PKR 495.07 million, reported a strong EPS of PKR 15.56 for the period of January to November 2023. Since its listing in 1955, PCAL has consistently declared distributions, including a 20% bonus distribution in 2023. The stock’s high rate was PKR 81 this year, indicating a strong market position.
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