Karachi: Faran Sugar Mills Ltd (FRSM) saw its stock rate remain steady at Rs. 84.25, with the company reporting no daily weighted average rate. Despite a paid-up capital of Rs. 250.07 million, Faran Sugar Mills did not declare any dividend for the current fiscal year. The stock, with a par value of Rs. 10 per share, is transacted in blocks of 500. The highest stock rate for the period between January and October 2023 was recorded at Rs. 50.5. The sugar mill has been part of the Pakistan Stock Exchange since 1984.