Karachi: Ideal Spinning Mills Ltd. (IDSM) concluded the day's trading at a closing rate of Rs. 16.14, as per the data with no daily weighted average rate reported. The company, with a paid-up capital of Rs. 99.20 million, opted not to distribute dividends in 2023, aligning with its dividend policy from the previous year, which was a decrease from the 20% paid in 2022 and 18% in 2021. Trading at a par value of Rs. 10, the shares are available in lots of 500. Over the year, IDSM's share price peaked at Rs. 19.64 and dipped to a low of Rs. 13.51, leading to an earnings per share of Rs. 20.39. Listed since 1991, the company had its last book closure on 21/10.