Agriauto Industries Records a Dip in Earnings Per Share

Karachi, Agriauto Industries Ltd. (AGIL), a prominent entity in the automobile parts and accessories sector in Pakistan, reported a decrease in its earnings per share (EPS) for January 2024. The company's stock was traded at a rate of Rs. 89.00, with a daily weighted average rate of Rs. 89.83. Despite a paid-up capital of Rs. 180 million, the EPS stood at Rs. (1.23), indicating a downturn from the previous year. In 2022, the company had distributed dividends at 25%, but no dividends were announced for 2023.

Mitchells Fruit Reports Increase in Share Price

Karachi, Mitchells Fruit (MFFL), a leading food company, saw an increase in its share price in the day's trading. The stock opened at PKR 126.7 and closed higher at PKR 128.8. It fluctuated between a low of PKR 125 and a high of PKR 126.91, with a total of 113,200 shares being traded. The closing price was recorded at PKR 127.32.

Atlas Battery Announces Substantial Dividend Amidst Increased Share Prices

Karachi, Atlas Battery Ltd. (ATBA), operating in the automobile parts and accessories sector, has declared a substantial dividend after witnessing an uptick in its share prices. The company's share price reached Rs. 275.41, with a daily weighted average rate of Rs. 275.94. Atlas Battery, with a paid-up capital of Rs. 350.17 million, announced a dividend of 325% for 2023, up from 125% and a bonus of 25% in 2022. The company's share price marked a high of Rs. 238.10 and a low of Rs. 62.86, reflecting a robust market performance.

Murree Brewery’s Stock Remains Unchanged

Karachi, Murree Brewery (MUREB), a prominent brewery and distillery company, witnessed no change in its stock price in today's market. The company's shares opened and closed at PKR 319. The stock ranged between a low of PKR 314.1 and a high of PKR 316, with 10,100 shares traded. The closing price was noted at PKR 325.25, remaining consistent throughout the day.

Baluchistan Wheels Maintains Steady Dividend Payout

Karachi, Baluchistan Wheels Ltd. (BWHL), a key player in the automobile parts and accessories sector, has maintained a consistent dividend payout for its shareholders. The company, with a paid-up capital of Rs. 133.34 million, announced a 100% dividend for 2023, slightly down from the 80% dividend in 2022. Additionally, a second interim dividend of 70% was declared. The stock was traded at Rs. 170.00, although the daily weighted average rate was not reported. The EPS stood at Rs. 10.23, a stable performance compared to its high rate of Rs. 162.80 and a low of Rs. 10.23.

Next Capital Sees Minor Increase in Stock Price

Karachi, Next Capital (NEXT), a financial services firm, experienced a slight rise in its share price in the day's trading. Opening at PKR 5.35, the stock closed at PKR 5.36. The shares varied between a low of PKR 4.89 and a high of PKR 5.12, with 17,000 shares traded. The closing price was PKR 5.47, indicating a small yet positive change.

Exide Pakistan Ltd Posts 100% Dividend Despite No Earnings in Previous Year

Karachi, Exide Pakistan Ltd (EXIDE), a significant name in the automobile parts and accessories sector, declared a 100% dividend for the year despite reporting no earnings in the previous year. The company's share price was noted at Rs. 387.76, with a daily weighted average of Rs. 396.40. The paid-up capital of Exide Pakistan stood at Rs. 77.69 million. The company's financial performance showed a high share price of Rs. 379.00 and a low of Rs. 97.13, indicating a resilient market position.

Media Times Ltd Reports Marginal Gains in Share Prices

Karachi, Media Times Ltd (MDTL) showed modest gains in the Pakistan Stock Exchange today. The company opened at a price of 1.5 and closed slightly higher at 1.54, with a low and high of 1.35 and 1.45, respectively. A total of 582,500 shares were traded, and the closing price settled at 1.48.

Ghandhara Tyre & Rubber Co. Faces a Decline in Earnings

Karachi, Ghandhara Tyre & Rubber Co. (GTYR), part of the automobile parts and accessories industry, experienced a decline in its earnings. The company's stock was priced at Rs. 30.40, with a daily weighted average rate of Rs. 30.50. With a significant paid-up capital of Rs. 1,219.33 million, GTYR reported an EPS of Rs. (1.37), showing a downturn in its financial health. The dividend declared for 2023 was 30%, while no dividend was announced for the previous year.

Merit Packaging Sees Incremental Rise in Shares

Karachi, Merit Packaging (MERIT) observed a small rise in its share price on the Pakistan Stock Exchange. The opening price was 11.4, increasing to a closing price of 11.59. The stock's low and high were 10.76 and 10.88, respectively. A total of 31,000 shares were traded, and the closing price was recorded at 11.48.

Loads Limited Struggles with Negative Earnings Per Share

Karachi, Loads Limited (LOADS), an entity in the automobile parts and accessories sector, reported negative earnings per share. The company's share traded at Rs. 7.62 with a daily weighted average rate of Rs. 7.79, and a significant paid-up capital of Rs. 2,512.50 million. However, the EPS was at Rs. (5.00), indicating financial challenges. No dividends were declared for the years 2022 and 2023. The share price performance showed a high of Rs. 7.41, reflecting the company's struggles in the market.

Mirpurkhas Sugar Maintains Steady Share Price

Karachi, Mirpurkhas Sugar (MIRKS) maintained a steady share price in today's trading. Opening and closing at 40, the stock saw a low and high of 39.01. A total of 9,000 shares were traded, with the closing price also remaining stable at 40.