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Karachi, Reliance Insurance Co. Ltd. (RICL) has demonstrated a notable presence in the market with its stock price reaching a high of Rs. 10.45 and a low of Rs. 8.5, closing at Rs. 9.18. The company announced a 5% cash and 5% bonus dividend, reflecting a sound financial position with a paidup capital of Rs. 665.38 million.
Since its listing in 1983, Reliance Insurance has been a stable player in the industry. The latest figures, including a turnover of 250,000, attest to the company’s steady performance and commitment to delivering shareholder value.