Colony Textile Mills Faces Industry Challenges with No Dividends

Karachi, Colony Textile Mills Ltd. NC (CTM) experiences a low trading period with a stock price of Rs. 2.81 and an average rate of Rs. 2.85. With a substantial paid-up capital of Rs. 4,980.10 million, the company traded a significant volume of 4,848,500 shares. According to information available from the Pakistan Stock Exchange (PSX), despite no dividend announcements, Colony Textile remains actively traded in the market, with share prices reaching a high of Rs. 3.74 and a low of Rs. 2.15 this year.