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Karachi: Shares of Shams Textile Mills Ltd. (STML) closed the day at PKR 24.95, identical to its daily weighted average rate. The company, with a paid-up capital of PKR 86.40 million, did not announce any distribution for the year ending in June 2023, marking a departure from the previous year’s 20% distribution. Listed since 1970, Shams Textile Mills saw a turnover of 119,000 shares over the ten months leading to October 2023.
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