Habib Insurance Co. Ltd. Continues Steady Distributions

Karachi: Habib Insurance Co. Ltd. (HICL), operational since 1949, closed at Rs. 5.00. The company has maintained consistent distribution rates of 12.5% in both 2021 and 2023. HICL's paid-up capital is Rs. 386.25 million, with a daily weighted average rate of Rs. 6.4, showing a decrease from Rs. 4.41. The market lot for HICL is 500, and its previous book closure was on May 16.