Day: April 24, 2024

Prosperity Weaving Mills Ltd. Declares Hefty Dividends

Karachi, Prosperity Weaving Mills Ltd., trading as PRWM on the Pakistan Stock Exchange, declared a dividend of 50% and an additional 30% dividend for the period. The company’s EPS saw a significant increase to 8.29, up from 32.99 last year. As of toda…

Askari Equity Fund Reports Stable Pricing, No Distributions

Karachi, With an offer price of Rs 109.64 and a redemption price of Rs 107.45, the Askari Equity Fund continues to participate in the market without announcing any distributions for June 2024. This fund was listed on the Pakistan Stock Exchange in 201…

Yousaf Weaving Mills Ltd Reports Earnings

Karachi, Yousaf Weaving Mills Ltd, with the trading symbol YOUW, reported an EPS of -0.74, down from 4.68 in the prior year. Today’s trading session saw the stock price at 3.68 Rs. on a turnover of approximately 96.51 million shares, making it one of …

Faysal Asset Allocation Fund Shows Pricing Stability

Karachi, The Faysal Asset Allocation Fund, with an offer price of Rs 97.46 and a redemption price of Rs 94.26 for June 2024, continues to be monitored without announcing any distributions. This fund has been available for investment since 2007.

Redco Textiles Ltd. Reports Minimal Activity in Recent Quarter

Karachi, Redco Textiles Ltd., trading as REDCO, recorded an EPS of Rs 1.58 for the first quarter of 2024, a significant drop compared to its peers in the textile sector. The company’s stock rate reached Rs 6.3 with a low of Rs 492.93 during the tradin…

Sapphire Textile Mills Ltd. Continues High Dividend Payout

Karachi, Sapphire Textile Mills Ltd., trading as SAPT, continued its tradition of rewarding investors generously with a 100% dividend, consistent with the previous year. The company posted an impressive EPS of Rs 151.74 for January to March 2024. The …

Faysal Halal Amdani Fund Reports on Prices

Karachi, The Faysal Halal Amdani Fund has been listed with an offer price of Rs 120.91 and a redemption price of Rs 118.24 for June 2024. No distributions were announced for this period. This fund has been active since 2022, adhering to Halal investme…

Faysal Income & Growth Fund Delivers Substantial Returns

Karachi, With a declared distribution of Rs 5.18 per unit for June 2024, the Faysal Income & Growth Fund continues to provide significant returns to its investors. The fund, with an offer price of Rs 116.8 and a redemption price of Rs 114.21, …

Suraj Cotton Mills Ltd. Faces Setback with Negative Earnings

Karachi, Suraj Cotton Mills Ltd., with the trading symbol SURC, reported negative earnings of Rs (9.29) per share for the first quarter of 2024. Despite this, the company declared a 40% dividend, alongside an additional 10% bonus dividend. The stock r…