Agha Steel Industries Reports Decrease in Share Price Despite High Trading Volume

Karachi, Agha Steel Industries Limited (Ticker: AGHA) observed a notable decline in its share price today, closing at Rs. 10.35, which contrasts with the previous year's high of Rs. 15.42 and low of Rs. 1.50. Despite this decrease, the company experienced a significant trading volume of 39,369,900 shares. Agha Steel, which was listed in 2020, reported earnings per share of Rs. 1.50 for the first quarter of 2024, maintaining its capital structure with no dividend distributions announced for the current or upcoming terms.