The country’s stock market has passed through some instability last week. Emerald Oil has shown great strength in terms of price increase in this market. The company’s share price has increased by over Tk 59 crore in five days.
The company’s shares have become the top interest of a class of investors. As a result, the share price has increased throughout the week. As a result, the company’s shares have occupied the top spot in the price increase on the main stock market, Dhaka Stock Exchange (DSE).
The company’s share price has increased by 26.10 percent in the five working days of the last week. The price of each share in terms of taka has increased by Tk 6.50 paisa. This has increased the company’s share price by Tk 59 crore 32 lakh 68 thousand 26 in one week. At the end of the last working day of the week, the price of each share of the company stood at Tk 31.40 paisa, which was Tk 24.90 paisa at the end of the previous week.
With such a price increase, the company was listed on the capital market in 2014. The company last paid a 10 percent cash dividend to investors in the year ended June 30, 2023. Earlier, the company paid a 2 percent cash dividend in 2022 and a 10 percent bonus share dividend in 2016.
