Pakistan Refinery Ltd. Faces No Dividend Distribution Amid Market Fluctuations

Karachi, Pakistan Refinery Ltd. (PRL), engaged in the refining sector, reported no dividend distribution for the fiscal year 2023/2024. The company's stock traded at an average price of Rs. 27.43, reflecting a daily weighted average of Rs. 6,300.00. This period saw a remarkable trading volume, with 625,314,986 shares exchanged, indicating significant investor activity despite the absence of dividend announcements. The share price fluctuated between a high of Rs. 31.84 and a low of Rs. 23.11, demonstrating the volatility faced by the company in the market. Listed since 1960, Pakistan Refinery Ltd. continues to navigate through the complexities of the energy sector, as evidenced by its extensive trading activity and market presence.