Atlas Battery Announces Substantial Dividend Amidst Increased Share Prices

Karachi, Atlas Battery Ltd. (ATBA), operating in the automobile parts and accessories sector, has declared a substantial dividend after witnessing an uptick in its share prices. The company's share price reached Rs. 275.41, with a daily weighted average rate of Rs. 275.94. Atlas Battery, with a paid-up capital of Rs. 350.17 million, announced a dividend of 325% for 2023, up from 125% and a bonus of 25% in 2022. The company's share price marked a high of Rs. 238.10 and a low of Rs. 62.86, reflecting a robust market performance.