Fazal Cloth Mills Ltd. Share Price Settles at PKR 163.07, No Distribution for Current Year

Business & Finance

Karachi: The trading day saw Fazal Cloth Mills Ltd. (FZCM) shares close at PKR 163.07 with a daily weighted average rate of PKR 160.53. The company, with a paid-up capital of PKR 300.00 million, reported no distribution for 2023. FZCM had previously reported distributions of 300% and 100% for the years 2021 and 2022, respectively. The company's shares have been trading on the Pakistan Stock Exchange since 1970, with a turnover of 87,700 shares in the current year.