Tata Textile Mills Ltd. Announces Substantial Dividends After Strong Q1

Karachi, Tata Textile Mills Ltd. (TATM) has declared a 125% cash and 50% bonus dividend following a strong first quarter with earnings of Rs. 4.65 per share. The share price was set at Rs. 66.37, with a daily weighted average rate of Rs. 166.00. The company, established in 1991, traded 168,500 shares with prices fluctuating between Rs. 86 and Rs. 10.5 throughout the quarter.