Husein Industries Limited
Husein Industries Limited
HUSI share price today is PKR 51.18. Volume traded in HUSI today is 2.08K, price change is -1.43 (-2.72%), high price is PKR 54.99, and low price is PKR 51.00.
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| Last Updated: 04:29 PM PKT
Husein Industries Limited Price & Valuation Metrics
HUSI is currently trading with a 52-week range of PKR 23.31 – PKR 71.87.
Husein Industries Limited Business Overview
Husein Industries Limited is a part of the Pakistan Property Sector. Currently trading at a P/E of 10.24x. The Company was incorporated in Pakistan on May 25, 1953, as a Public Limited Company under the repealed Companies Act, 1913 (now the Companies Act, 2017) in the name of Husein Textile Mills Limited. In 1964, the Company changed its name to Husein Industries Limited. The Company discontinued its textile operations in the financial year 2014. Subsequently, the management adopted a business diversification strategy to expand into real estate development, construction, and allied businesses, including the development of residential plots and commercial sites. The necessary approvals from both the shareholders and the regulatory authorities for the amendment of the Company's object clause were obtained during the years ended June 30, 2018, and June 30, 2019, respectively. The CEO of Husein Industries Limited is Husein Jamal and Chairperson is Abdul Aziz Jamal.
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