Shahtaj Textile Limited Reports Exceptional Dividend and Stock Performance

Business & Finance

Karachi, Shahtaj Textile Limited. NC (STJT) stands out in the textile sector with a current stock price of Rs. 81.40 and a weighted average of Rs. 96.60. The company has declared an impressive 130% dividend this year, planning to issue 65% next year, underlining its strong financial performance. With a paid-up capital of Rs. 96.60 million and trading volumes reaching 39,500 shares, Shahtaj Textile saw its stock price soar to a high of Rs. 98.25 and a low of Rs. 80.1. According to information available from the Pakistan Stock Exchange (PSX), the company’s robust dividend policy and stock gains highlight its strong market position.