Towellers Limited Marks Significant Market Activity

Karachi, Towellers Limited (TOWL), a textile industry player since 1995, closed at 199.85 Rs. on December 13, 2023. Its daily weighted average rate was 204.18 Rs. With a paid-up capital of 170.00 million Rs., the company reported distributions of NIL in 2021, 120% in 2022, and 130% in 2023. The stock reached a high of 338.36 Rs. and a low of 95 Rs. during the year, with an impressive turnover of 10970800. The EPS for January to November 2023 stood at 32.73 Rs.