Day: November 30, 2023

NBP Islamic Savings Fund Demonstrates Solid Returns

Karachi, (PPI Bot): Listed in 2007, the NBP Islamic Savings Fund in the PSX demonstrated solid returns as of November 30, 2023. The fund’s offer price was Rs. 10.66, and the redemption price was Rs. 10.31. The fund reported a distribution of 4.93% in …

NBP Mahana Amdani Fund Announces Distribution per Unit for 2023

Karachi, (PPI Bot): The NBP Mahana Amdani Fund, operational since 2009, declared a distribution of Rs 0.5519 per unit for the year ending June 2023. The fund, with an offer price of Rs 11.3 and a redemption price of Rs 11.18, showed a change from the …

Safe Mix Concrete Ltd. Withholds Dividend Amidst Market Conditions

Karachi, (PPI Bot): Safe Mix Concrete Ltd. has chosen not to issue a dividend or bonus in June. The company’s share price at Rs. 14.21 and a total net capital of Rs. 250.00 million suggest a cautious approach to shareholder payouts in a potentially fl…

NBP Mustahkam Fund Reports No Distribution for 2023

Karachi, (PPI Bot): The NBP Mustahkam Fund, along with its sub-funds NBP Fixed Term Munafa Plan – I and NBP Fixed Term Munafa Plan – III, reported no distribution for the year ending June 2023. These funds, newly listed in 2022 and 2023 respectively, …

NBP Sarmaya Izafa Fund Reports No Distribution for 2023

Karachi, (PPI Bot): NBP Sarmaya Izafa Fund, listed in 2010, reported no distribution for the year ending June 2023. The fund, which had an offer price of Rs 21.86 and a redemption price of Rs 21.15, showed a significant change from the previous year’s…

B.R.R Guardian Limited Distributes Dividend

Karachi, (PPI Bot): B.R.R Guardian Limited has announced a 5% dividend for June, despite not listing any bonus or rights issue. With a share price of Rs. 12.95 and a net capital of Rs. 950.09 million, the company’s modest dividend declaration aligns w…

NBP Stock Fund Reports No Distribution for 2023

Karachi, (PPI Bot): NBP Stock Fund, listed since 2007, reported no distribution for the year ending June 2023. The fund had an offer price of Rs 20.35 and a redemption price of Rs 19.68. This is a departure from the previous year’s distribution of 14….

Javedan Corporation Ltd. Declares Bonus and Rights Issue

Karachi, (PPI Bot): Javedan Corporation Ltd. has disclosed a robust 20% bonus issue, a 40% rights issue, and a subsequent 60% rights issue for June. Trading at Rs. 37.01 with a net capital of Rs. 3,808.60 million, the company’s substantial rewards to …

NIT – Asset Allocation Fund Shows Consistent Performance

Karachi, (PPI Bot): NIT – Asset Allocation Fund, listed in 2020, reported a steady performance with an offer price of Rs 12.05 and a redemption price of Rs 11.76 as of June 2023. The fund did not declare any distribution for the current or the previou…

Pace (Pakistan) Limited Reports No Dividend or Bonus

Karachi, (PPI Bot): Pace (Pakistan) Limited has not declared any dividend or bonus for June. The company’s share price is Rs. 2.53, and it has a net capital of Rs. 2,788.77 million. This approach may indicate a reinvestment strategy within the company…

NIT – Income Fund Reports Higher Distribution in 2023

Karachi, (PPI Bot): NIT – Income Fund, listed in 2010, reported a distribution of Rs 0.5746 per unit for the year ending June 2023, up from the previous year’s Rs 0.55 per unit. With an offer price of Rs 11.1 and a redemption price of Rs 10.99, the fu…

TPL Properties Ltd. Announces Dividend and Bonus

Karachi, (PPI Bot): TPL Properties Ltd. has reported a 10% dividend and a 60% bonus issue for June, with an additional 20% bonus. The company’s share price currently stands at Rs. 13.21, with a significant net capital of Rs. 5,698.07 million, signalin…