Abnormal price hike of Sonargaon Textiles

Date:

Post View:

Abnormal price hike of Sonargaon Textiles

The investigation of Dhaka Stock Exchange (DSE) has revealed that the share price of Sonargaon Textile 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 Sonargaon Textiles. 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 the share price of Sonargaon Textiles was Tk 26.00 last December 9. Which stood at Tk 30.80 at the end of trading on January 7. That is, the price of the share has increased by 4.80 taka or 18 percent in the last 1 month.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_img

Popular

More like this
Related

Central Insurance Holds 38th AGM, Approves 12% Cash Dividend

Listed non-life insurer Central Insurance PLC held its 38th...

Prime Bank Reaffirms Financial Strength with Highest AAA and ST-1 Ratings

Prime Bank PLC. has retained the highest credit ratings...

IFIC Bank and Best Western Plus Bay Hills Sign Memorandum of Understanding

IFIC Bank PLC and Best Western Plus Bay Hills,...

PM Urges SSF to Keep Him Close to People

Prime Minister Tarique Rahman on Thursday asked the Special...