The losses of the company listed on the stock market increased in the October-December ’24 quarter of the current fiscal year. After the news of the company’s increase in losses came, a class of investors became desperate to buy its shares. Due to which the company’s shares crossed the 10 percent circuit breaker limit on Sunday and the shares became unsold at one stage of trading. Stock market analysis tools

According to Dhaka Stock Exchange (DSE) sources, in the second quarter of the current fiscal year (October-December ’24), Golden Son lost 27 paisa per share. Which was 2 paisa per share in the same period last year. That is, the company’s loss in the second quarter of this year is more than 13 times that of the second quarter of the previous year.

After the news of the increase in losses came on the DSE on Sunday, the company’s share price, which was supposed to decrease, increased instead. At one stage, the company’s shares became unsold due to the buying pressure of a class of investors. Although the company had millions of shares to buy, sellers could not be found.

The company’s shares closed at Tk 12 on the previous working day (Thursday). On Sunday, the share price increased by 10 percent and closed at Tk 13.20. Golden Sun topped the DSE’s list of highest gainers on the day. 24,46,504 shares were traded throughout the day. Its market value was Tk 3.617 crore.

According to DSE data, Golden Sun has been in loss for three consecutive years since 2022. Out of these, the loss per share in 2022 was 29 paisa, in 2023 75 paisa and in 2024 68 paisa.

On the other hand, the company did not pay any dividend in 2022. It paid 1 percent cash dividend in 2023 and 1.50 percent cash dividend in 2024 (for general investors only).

The company’s shares are currently being traded in the ‘B’ category.