Crescent Textile's Stock Price Sees Significant Movement on the Pakistan Stock Exchange
Crescent Textile, a prominent player in the Textile Composite sector, witnessed a notable change in its stock price on August 4, 2025, according to data released by the Pakistan Stock Exchange (PSX). The company's stock, trading under the symbol CRTM, closed at Rs. 21.05, marking a significant move from its previous rates. As part of its market dynamics, Crescent Textile reported a daily weighted average rate of Rs. 21.16, indicating its substantial presence in the market.
Key Takeaways:
- Crescent Textile's stock price saw a significant move on August 4, 2025, closing at Rs. 21.05.
- The company's daily weighted average rate was Rs. 21.16, indicating its substantial market presence.
- Crescent Textile has a paid-up capital of Rs. 1.00 billion and a market lot of one with a par value of Rs. 10.
- The company declared a 10% distribution for 2023 but had not announced any distributions for 2024.
- Earnings per share (EPS) for 2023 stood at Rs. 2022, reflecting its financial performance.
- The company's stock peaked at Rs. 17.05 and reached a low of Rs. 11.01 during the first half of 2025.
- Crescent Textile's turnover during this period was notable, although exact figures were not disclosed.
- The company's stock price and market activities continue to draw attention from investors and stakeholders.
Statistics:
- Stock price on August 4, 2025: Rs. 21.05
- Daily weighted average rate: Rs. 21.16
- Paid-up capital: Rs. 1.00 billion
- Par value: Rs. 10
- Market lot: one
- Distribution announced for 2023: 10%
- EPS for 2023: Rs. 2022
- Peak stock price during the first half of 2025: Rs. 17.05
- Lowest stock price during the first half of 2025: Rs. 11.01
Sources:
- Pakistan Stock Exchange (PSX) data
- Crescent Textile's financial reports