Elite Capital Modaraba (FECM) noted a closing rate of Rs. 2.95 on the Pakistan Stock Exchange (PSE) with a daily weighted average rate of Rs. 3.00. The company, sustaining a paid-up capital in the hundreds and closing its fiscal year in June, declared a 3% distribution. FECM adhered to a par value of Rs. 10 and a market lot of 500, with a previous book closure on October 20, 1992. The earnings per share (EPS) were reflected to be Rs. 3.99 from January to September 2023 and Rs. 2.12 for the fiscal years 2021/2022.