Shadman Cotton Mills Ltd. Records Steady Performance on PSE

Karachi: Shadman Cotton Mills Ltd., listed as SHCM, closed at Rs. 13.00 as of November 10, 2023. The company, following a June year-end, did not announce any distributions for 2021, 2022, and 2023. SHCM, with a paid-up capital of Rs. 500 million, recorded its market lot on October 21. Since its listing in 1990, SHCM’s high was Rs. 14.51, and the low was Rs. 12.1, with a turnover of 11,500 shares. The daily weighted average rate was Rs. (3.22).

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