Abnormal price hike of BIFC.

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Abnormal price hike of BIFC.

The investigation of Dhaka Stock Exchange (DSE) has revealed that the share price of Bangladesh Industrial Finance listed in the stock market is increasing at an unusual rate. Hence investors should be aware before investing in the company.

It is known that the DSE authorities have sought an explanation from the company authorities regarding the increase in the share price of Bangladesh Industrial Finance. In response to DSE’s clarification summons, the company recently informed that its share price is increasing without any undisclosed price sensitive information.

Note that Bangladesh Industrial Finance’s share price was 7.2 on September 18. Which stood at Tk 11 after the transaction on October 15. That is, in 17 working days, the price of the share increased by 3.8 taka or 53 percent.

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