Dewan Cement Ltd Struggles in Market with No Dividend Announcements

Karachi, Dewan Cement Ltd. (DCL) reported no dividends and a negative EPS of Rs. (1.21). The stock price hovered at Rs. 8.00 with a peak of Rs. 8.59. According to information available from the Pakistan Stock Exchange (PSX), a high turnover of 197,210,000 shares reflects the market's volatility. Dewan Cement has been listed since 1989 and trades with a market lot of 10 shares. The company's latest book closure was on October 19, 2024.