Tata Textile Mills Ltd. Announces High Dividend Amid Positive Earnings

Karachi, Tata Textile Mills Ltd. (TATM), operational since 1991, declared a substantial 125% dividend following a positive earnings report with an EPS of 4.65 for JanuaryFebruary 2024. The stock witnessed notable activity, achieving a high of Rs. 86 with a turnover of 122,000. The company has a significant paidup capital of Rs. 559.94 million and concluded its last book closure on October 12. The announcement, preceding the fiscal yearend in June, reflects Tata Textile Mills’ strong financial standing and commitment to rewarding its shareholders.