Oil & Gas Development Co. Ltd. Reports Increased Distribution for 2023

Karachi, Oil & Gas Development Co. Ltd., operating as OGDC, has released its financial outcomes for the fiscal year ending in June. The company's stock rate today was Rs. 136.50, with a daily weighted average of Rs. 132.83 and a turnover of Rs. 43,009.28 million. Oil & Gas Development Co. declared a 72.5% distribution for par value Rs. MKT. LOT for 2023, up from 85.50% in the previous year, along with a 16%(I) distribution. The highest stock rate for the company was Rs. 128.9, with the last book closure date on November 14.