Nimir Industrial Chemicals Limited Announces Solid Dividends and EPS Growth

Karachi, Nimir Industrial Chemicals Limited (NICL) has demonstrated robust financial performance, according to recent data from the Pakistan Stock Exchange. The company's shares traded at a rate of Rs. 105.00, closely followed by a daily weighted average rate of Rs. 104.78. NICL, with a paid-up capital of Rs. 1,105.90 million, declared a 25% dividend for the year ending 2023 and a 20% dividend for the third quarter of the financial year 2024. The Earnings Per Share (EPS) for January 2024 were reported at Rs. 129, indicating strong growth. The stock achieved a high rate of Rs. 129 and a low of Rs. 16.62, maintaining a significant market presence since its listing in 1996.