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Karachi: Tariq Glass Industries Ltd. NC (TGL) closed at Rs. 94.94, almost equal to the daily weighted average rate of Rs. 94.84. The company, holding an extensive paid-up capital of Rs. 1,721.67 million, declared a 60% distribution for 2023, a decrease from the 120% cash and 25% bonus in the prior year. The shares peaked at Rs. 97.75 and dipped to Rs. 56, with a turnover of 90,764,496 shares. The EPS for Jan-Oct 2023 was a robust Rs. 15.31.
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