Tariq Corporation utilizes Rs198.62m from right issue for working capital

News Image

MG News | April 17, 2024 at 11:47 AM GMT+05:00

0:00

April 17, 2024 (MLN): Tariq Corporation Limited (PSX: TCORP) has utilized the entire proceeds received from the right issue subscription worth Rs198.62 million, the company’s quarterly progress report issued to the bourse showed today.

The funds were utilized to fulfill the working capital requirements of the company, rather than any project development.

 The company is principally engaged in the business of production and sale of sugar and its by-products. 

At the time of writing, TCORP's share is being traded at Rs14.60, down by 4 paisa or 0.27% compared to the last close.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 155,441.49
54.46M
0.65%
1001.81
ALLSHR 95,206.62
225.44M
0.57%
538.46
KSE30 47,467.57
27.79M
0.74%
347.67
KMI30 227,016.10
30.87M
0.39%
890.39
KMIALLSHR 63,869.84
93.02M
0.47%
300.79
BKTi 41,999.35
10.53M
0.90%
376.52
OGTi 31,660.65
3.41M
0.55%
171.87
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 116,615.00 116,690.00
115,160.00
-650.00
-0.55%
BRENT CRUDE 67.35 67.43
66.78
0.36
0.54%
RICHARDS BAY COAL MONTHLY 84.00 84.00
84.00
-1.90
-2.21%
ROTTERDAM COAL MONTHLY 93.00 93.25
92.75
0.00
0.00%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 63.05 63.13
62.52
0.36
0.57%
SUGAR #11 WORLD 15.81 15.87
15.67
-0.01
-0.06%

Chart of the Day


Latest News
September 15, 2025 at 10:15 AM GMT+05:00

KAPCO's TPPA becomes effective from Sept 13


September 15, 2025 at 09:58 AM GMT+05:00

Engro Fertilizers to undergo planned maintenance of base plant


September 15, 2025 at 09:49 AM GMT+05:00

NBP issues foreign exchange rates


September 15, 2025 at 09:36 AM GMT+05:00

Asia markets mixed as Kospi hits record high



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg