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Burshane LPG (Pakistan) Faces Challenges in Market Performance

Karachi, Burshane LPG (Pakistan) Ltd. (BPL), an entity in the oil and gas sector, is experiencing challenges in the market as reflected in recent data from the Pakistan Stock Exchange. The company's current rate is RS 17.20, matching its daily weighted average rate. With a paid-up capital of RS 224.89 million and a market lot of 500, Burshane LPG has not declared any distributions for 2022 or 2023/2024. Since its listing in 1982, the company reached a high rate of RS 19.71 but faced a negative EPS of RS (2.94) in January 2024.