Karachi, Mughal Iron and Steel Industries Limited informed Pakistan Stock Exchange about transaction of shares of the company. 150,000 shares @ Rs. 97.07 per share were bought from the market on September 30, 2021 through CDC.
Mughal Iron & Steel Industries Limited was incorporated as a public limited company on February 16, 2010. The principal activity of the Company is manufacturing and sale of mild steel products.
The Company is involved in multidimensional activities from making billets of Mild Steel, Spring Steel, Deformed bar, Re-bar, Cold Twisted Rebar and a huge range of Sections such as I.Beams, L.Sections, C.Section, H.Beam, T.Bar etc. in the downstream industry.
The total numbers of shares are 291,855,594. The Earnings per share is 2.36 in 2020 which was 5.46 in 2019. The Profit after Taxation is 592,872,000 in 2020 which was 1,372,931,000 in 2019.