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Shams Textile Mills Ltd. Experiences Fluctuations in 2023

Karachi, Shams Textile Mills Ltd., trading under the symbol STML, experienced fluctuations in its stock performance in 2023. The company’s rate was recorded at Rs. 24.00, with a paid-up capital of Rs. 86.40 million. For the year ending in June, STML distributed 20% dividends but did not announce any dividends in 2022 and 2023. Since its listing in 1970, the stock reached a high of Rs. 43.8 and a low of Rs. 22, with a total turnover of 123500. The EPS from January to November 2023 was recorded at Rs. 41.84, indicating a varied performance in the textile spinning sector.

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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

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