Royal Enfield is the talk of the week among the youth and bike lovers of the country. Royal Enfield officially launched its marketing activities in the Bangladesh market last Monday. Ifad Motors, a subsidiary company of Ifad Group, has brought this motorcycle, which is widely popular around the world, to Bangladesh. Because of this, the investors’ interest in the shares of Ifad Autos listed in the stock market also increased.

According to sources, Ifad Autos has topped the price increase in the country’s main stock market Dhaka Stock Exchange (DSE) last week. The market value of the company’s shares rose by more than 5.30 paisa or 24 percent despite the ongoing decline in prices throughout the week. At the end of the week, its price increased to 27 taka 30 paisa. The price of ifad Autos has increased at a time when the stock market is in a continuous slump.

It is known that IFAD Autos and IFAD Motors are the same group of companies, but the business and financial accounts of the two companies are different. As a result, Ifad Autos will not get any financial benefit from the sale of this motorbike. Other institutions of the group will get this benefit. As a result, investors’ interest in ifad Autos shares based on speculation or false information will not bring much benefit.

Ifad Autos company secretary Sajjad Hossain Talukder told the media that Ifad Autos, which is listed on the stock market, has no business relationship with Royal Enfield marketer Ifad Motors. Although the two organizations belong to the same group, their businesses are different. As a result, Ifad Autos will not get any benefit from the sale of Royal Enfield.

Meanwhile, after the official opening of Royal Enfield’s sales activities in the capital on Monday, the trading and share price of Ifad Autos started to jump in the stock market from Tuesday. The share price of the company rose by around tk 4 in these three days from Tuesday to Thursday. And during this time, about 3.4 million shares have changed hands.