Fauji Fertilizer Doubles its Stock Returns in Just 5 Months

Fauji Fertilizer Company (PSX: FFC) has delivered an impressive performance at the main bourse so far, providing a total return of 100 percent from Rs. 148/share to Rs. 284/share including a dividend of Rs. 10/share in the last 5 months. Topline Securities said in a short review that a strong corporate profitability, a high dividend yield, the merger with Fauji Fertilizer Bin Qasim, and the acquisition of Agritech shares were key factors driving the new highs in the share price. As of Friday, October 25, FFC has a volume of 4.23 million shares on the main bourse