Stylers International Limited Proposes 12.3% Rights Issue

Karachi, Stylers International Limited has proposed a rights issue at a rate of 12.3% to support its business expansion and modernization efforts. According to information available from the Pakistan Stock Exchange (PSX), the funds raised will be used to enhance its manufacturing capabilities and improve its distribution network, aimed at meeting the increasing demand for its fashion products in both domestic and international markets.

HBL Growth Fund – A New Chapter in Investment Opportunities

Karachi, HBL Growth Fund, identified by its symbol HGFA, has maintained a steady position in the stock market with today’s rate at 7.00 RS and a daily weighted average of 7.03 RS. The fund’s paid-up capital stands at 2,835 million RS, showcasing its substantial financial base. As of June, the fund announced a significant distribution of 12% to its shareholders. According to information available from the Pakistan Stock Exchange (PSX), the market lot size for HBL Growth Fund is set at 500 shares. The previous book closure was recorded on June 7, with a high rate of 9.45 RS and a low of 6.01 RS in the January to April 2024 period. With a turnover of 3,782,000 shares, HBL Growth Fund continues to be a robust option for investors seeking growth in their portfolio.

Sitara Chemical Industries Ltd. Announces Substantial Dividends; Strong EPS

Karachi, Sitara Chemical Industries Ltd. (SITC) closed at Rs. 304.73 with a daily weighted average of Rs. 304.55. The company declared an 80% cash dividend and a 100% bonus. According to information available from the Pakistan Stock Exchange (PSX), Sitara Chemical has a paid-up capital of Rs. 214.29 million and traded 1,079,607 shares. Listed since 1987, the shares reached a high of Rs. 270 and a low of Rs. 234, with earnings per share of Rs. 46.35.

Tri-Star Mutual Fund NC – Holding Steady Despite Market Challenges

Karachi, Tri-Star Mutual Fund, with the symbol TSMF, marks its presence in the market with a rate of 4.41 RS and a modest paid-up capital of 50 million RS. In June, the fund reported no distribution, signaling a cautious approach amid uncertain economic times. According to information available from the Pakistan Stock Exchange (PSX), the standard market lot size is 500 shares. The fund’s historical performance shows a previous year's high of 6 RS and a low of 4 RS, with a disappointing earnings per share of -3.26 in the January to April 2024 period. Despite these figures, Tri-Star Mutual Fund has managed a turnover of 252,000 shares, reflecting a steady albeit cautious interest from investors.

Wah-Noble Chemicals Ltd. Declares Strong Dividend and Market Performance

Karachi, Wah-Noble Chemicals Ltd. (WAHN) reported a closing rate of Rs. 186.27 with a daily weighted average of Rs. 186.03. The company declared a 50% cash dividend and a 100% bonus. According to information available from the Pakistan Stock Exchange (PSX), Wah-Noble Chemicals has a paid-up capital of Rs. 90.00 million and traded 162,521 shares. Listed since 1985, the stock reached a high of Rs. 215 and a low of Rs. 172.1, with earnings per share of Rs. 49.91.

B.F. Modaraba Reflects Market Challenges with Negative EPS

Karachi, B.F. Modaraba, another key player in the sector, traded 33,000 shares at an average rate of Rs. 75.15. The company's performance reflected through a negative EPS of -0.80 for the period from January to April 2024, showing potential market challenges. According to information available from the Pakistan Stock Exchange (PSX), despite a steady share rate, the modaraba did not propose any dividends for this year, marking a cautious approach in its financial strategies.

Century Paper and Board Mills Reports Strong Dividend and Share Performance

Karachi, Century Paper and Board Mills Ltd. (CEPB) closed at Rs. 34.10 with a daily weighted average of Rs. 33.33. The company declared a 10% cash dividend and an 80% bonus. According to information available from the Pakistan Stock Exchange (PSX), Century Paper and Board Mills has a paid-up capital of Rs. 4,017.13 million and traded 47,074,500 shares. Listed since 1990, the stock reached a high of Rs. 35.15 and a low of Rs. 25.5, with earnings per share of Rs. 2.25.

Constellation Modaraba Maintains Market Position with Stable Share Price

Karachi, With no dividends declared and a steady share rate, Constellation Modaraba remains consistent in its market approach. The trading details are not specified, but the company holds its ground in the financial sector without significant fluctuations. According to information available from the Pakistan Stock Exchange (PSX), Constellation Modaraba continues to uphold its business strategy, focusing on maintaining a solid presence in the market.

Cherat Packaging Ltd. Announces Substantial Dividend; Strong Market Activity

Karachi, Cherat Packaging Ltd. (CPPL) reported a closing rate of Rs. 123.24 with a daily weighted average of Rs. 124.05. The company declared a 25% cash dividend along with a 10% bonus, a 30% final dividend, and a 5% bonus. According to information available from the Pakistan Stock Exchange (PSX), Cherat Packaging has a paid-up capital of Rs. 490.95 million and traded 3,384,598 shares. Listed since 1991, the shares reached a high of Rs. 140.74 and a low of Rs. 108.1, with earnings per share of Rs. 18.50.

Equity Modaraba Maintains Trading Activity without Dividends

Karachi, Equity Modaraba, with its strategic business model, managed to trade 109,500 shares, maintaining its presence in the market despite not declaring any dividends. According to information available from the Pakistan Stock Exchange (PSX), the modaraba's financial performance remains steady with a share rate that reflects ongoing market activities.

Merit Packaging Ltd. Reports Trading Activity and Financials

Karachi, Merit Packaging Ltd. (MERIT) closed at Rs. 11.33 with a daily weighted average of Rs. 11.38. The company did not declare any dividends this year. According to information available from the Pakistan Stock Exchange (PSX), Merit Packaging has a paid-up capital of Rs. 1,999.58 million and traded 14,606,500 shares. Listed since 1985, the stock traded between a high of Rs. 13.95 and a low of Rs. 9.9, with a negative earnings per share of Rs. (0.68).

Habib Modaraba Thrives with Strong Dividend and High EPS

Karachi, Leading the market with a robust dividend payout of 20% and an impressive EPS of 2.34, Habib Modaraba stands out with a trading volume of 5,409,000 shares. According to information available from the Pakistan Stock Exchange (PSX), the modaraba's strong financial performance is reflected in its share rates, with a high of Rs. 8.99 and a low of Rs. 6.81, demonstrating its significant market influence and stability.