Redco Textiles Ltd Reports Modest Market Activity

Karachi, Redco Textiles Ltd (REDCO), active in the textile industry, ended at Rs. 6.30 on the Pakistan Stock Exchange. The company, with a paid-up capital of Rs. 492.93 million, had a daily weighted average rate of Rs. 6.26. REDCO did not announce any dividends from 2021 to 2023. The stock achieved a high of Rs. 10 and a low of Rs. 5, with a turnover of 822,000 shares. Listed since 1993, REDCO posted an EPS of Rs. 1.12 for January-November 2023.

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