STPL to halt production at winder plant for two weeks

MG News | November 28, 2023 at 01:24 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

November 28, 2023 (MLN): Siddiqsons Tin Plate Limited (PSX: STPL) has decided to temporarily close its Winder Plant from November 28 to December 11, 2023, the company’s filing on the local bourse revealed today.

This action aligns with the company's decision to temporarily curtail production.

The principal activity of STPL is the manufacturing and sale of tin plates, cans, and other steel products.

At the time of writing, the company's share is being traded at Rs8, down by 24 paisa or 2.91% compared to its previous close.

Copyright Mettis Link News

Related News

MTL earnings forecasts raised up to 45% on strong margins

Pakistan’s largest IPO debuts on PSX

Mutual fund AUMs rise to Rs4.5tr; equities gain 7%

Name	Price/Vol	%Chg/NChg
KSE100	179,844.13 320.04M	-0.30% -548.84
ALLSHR	108,119.47 711.55M	-0.04% -45.34
KSE30	53,696.28 164.41M	-0.42% -225.14
KMI30	256,391.60 164.74M	-0.20% -508.85
KMIALLSHR	70,022.02 465.09M	0.10% 72.59
BKTi	49,405.38 36.54M	-1.02% -509.32
OGTi	36,683.97 13.06M	0.99% 361.05

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	65,620.00	66,160.00 65,475.00	-80.00 -0.12%
BRENT CRUDE	78.13	79.57 78.06	-0.83 -1.05%
RICHARDS BAY COAL MONTHLY	123.00	0.00 0.00	7.50 6.49%
ROTTERDAM COAL MONTHLY	125.50	125.50 125.00	-0.45 -0.36%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	74.48	76.06 74.43	-0.79 -1.05%
SUGAR #11 WORLD	14.29	14.35 14.04	0.10 0.70%