Reliance Weaving Mills Ltd. Records Strong Performance on Pakistan Stock Exchange

Karachi: Reliance Weaving Mills Ltd., trading under the symbol REWM, closed at Rs. 57.00 as of November 10, 2023, on the Pakistan Stock Exchange. The company, with a June financial year-end, declared distributions of 75% in 2021 and 40% in 2022, but none in 2023. REWM, with a paid-up capital of Rs. 500 million, had its market lot recorded on October 21. Since its listing in 1992, the company's high rate was Rs. 91, and the low rate was Rs. 44.35, with a turnover of 2,139,500 shares. The daily weighted average rate was Rs. 56.24.