Karachi, Shell Pakistan Ltd. (SHEL), involved in the oil and gas sector, reported a slight decline in its financial performance. The stock's daily weighted average rate stood at 2,140.25 Pakistani Rupees, with a high of 168.48 and a low of 153.77. The turnover was 54,358,382 units.
SHEL announced a 30% stock dividend and a 50% bonus share distribution for the fiscal year ending in December 2023. However, the earnings per share for January to March 2024 were negative, at 0.34 Pakistani Rupees. The company was listed in 1970 and maintains a par value of 10 Rupees per share.