Sitara Chemical Industries Announces High Dividend, Exceptional Earnings

Karachi, Sitara Chemical Industries Ltd. (SITC) saw its stock price close at Rs. 267.86 today. The company, listed in 1987, declared an 80% dividend for the year, increased from 100% the previous year. Sitara Chemical reported an exceptionally high earnings per share of Rs. 234 for the January to March 2024 period. The trading volume stood at 100 units per lot, indicating significant investor confidence.

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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance

Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...

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