Day: November 30, 2023

Alhamra Cash Management Optimizer Shows Activity in PSX

Karachi, (PPI Bot): Listed in 2023, the Alhamra Cash Management Optimizer in the PSX showed activity as of November 30, 2023. The fund’s offer price was Rs. 108.77, and the redemption price was Rs. 107.55. However, no specific distributions were repor…

Faran Sugar Mills Ltd. Holds Steady with No Dividend in September

Karachi, (PPI Bot): Faran Sugar Mills Ltd. has chosen not to issue a dividend or bonus in September. The company’s share price increase to Rs. 84.35 against a net capital of Rs. 250.07 million suggests a strategic reserve of funds for potential future…

Atlas Islamic Dedicated Stock Fund Records No Distributions

Karachi, (PPI Bot): Listed in 2019, the Atlas Islamic Dedicated Stock Fund in the PSX reported no distributions for the years 2021 and 2022 as of November 30, 2023. The fund’s offer and redemption prices were both recorded at Rs. 715.75, indicating st…

Habib Sugar Mills Ltd. Announces Major Dividend and Bonus Issue

Karachi, (PPI Bot): Habib Sugar Mills Ltd. has made a notable announcement of a 60% dividend and a 70% bonus for September. The company’s share price stands at Rs. 44.43, with a significant net capital of Rs. 750.00 million, signaling a period of pros…

Atlas Islamic Income Fund Maintains Strong Returns

Karachi, (PPI Bot): Since its listing in 2008, the Atlas Islamic Income Fund has maintained strong returns in the PSX. As of November 30, 2023, the fund’s offer and redemption prices were both Rs. 553.13. The fund distributed 5.70% and Rs 24.50 per un…

Habib Rice Products Offers High Dividend and Bonus in June

Karachi, (PPI Bot): Habib Rice Products has declared a 100% dividend and a 40% bonus in June, with an additional 70% bonus to follow. With a closing price of Rs. 38.45 and a net capital of Rs. 200.00 million, the company’s aggressive dividend policy h…

Atlas Islamic Stock Fund Shows Strong Growth

Karachi, (PPI Bot): Since its listing in 2007, the Atlas Islamic Stock Fund has shown strong growth in the PSX. As of November 30, 2023, the fund’s offer and redemption prices were both Rs. 694.84. The fund reported a significant distribution of 7.00%…

JDW Sugar Mills Ltd. Leads with Whopping Dividend and Bonus

Karachi, (PPI Bot): JDW Sugar Mills Ltd. has announced a substantial 100% dividend and a 275% bonus issue in September, alongside a 250% second bonus issue. With a share price of Rs. 348.83 and a significant net capital of Rs. 577.77 million, JDW Suga…

Atlas Money Market Fund Demonstrates Strong Performance

Karachi, (PPI Bot): Listed in 2010, the Atlas Money Market Fund demonstrated strong performance in the PSX as of November 30, 2023. The fund maintained both its offer and redemption prices at Rs. 511.07. It distributed 6.00% and Rs 27.00 per unit in 2…

Jauharabad Sugar Mills Ltd. Maintains Modest Dividend Issue

Karachi, (PPI Bot): Jauharabad Sugar Mills Ltd. has declared a 10% dividend for its shareholders in September. Trading at Rs. 16.73 with a net capital of Rs. 341.29 million, the mill’s dividend announcement reflects a steady but cautious.

Atlas Stock Market Fund Shows Consistent Returns

Karachi, The Atlas Stock Market Fund, active since 2004, showed consistent returns with a distribution of 3.00% in 2021. The fund maintained a steady offer price of 887.45 in both years.

Khairpur Sugar Mills Ltd. Reports No Dividend or Bonus

Karachi, (PPI Bot): Khairpur Sugar Mills Ltd. has not declared any dividend or bonus for September. With a share price of Rs. 384.29 and a net capital of Rs. 160.18 million, the company’s decision suggests a strategy focused on capital retention and i…