Tata Textile Mills Ltd Announces Exceptional Dividends and Strong Earnings

Karachi, Tata Textile Mills Ltd, known by its trading symbol TATM, reported a notable EPS of Rs. 65 for the first quarter of 2024. The company's trading rate hovered around Rs. 66.65, with a daily average slightly higher at Rs. 66.74. With a commanding dividend declaration of 125% in cash and 50% in bonus shares, Tata Textile Mills reinforces its financial strength. The mill, which joined the stock exchange in 1991, boasts a paid-up capital of Rs. 559.94 million.