Faran Sugar Mills Ltd Reports No Dividend Amid Market Fluctuations

Business & Finance

Karachi: Faran Sugar Mills Ltd (FRSM) has ended the day at Rs. 84.25 per share without declaring any dividend for the current year. The company, which has a paid-up capital of Rs. 250.07 million, had its stock value oscillate, reaching a high of Rs. 88.88 and dipping to a low of Rs. 50.5. The shares were traded with a market lot of 500 and the company, which went public in 1984, had its last book closure on 20th January.