The company has told the Dhaka Stock Exchange (DSE) that it does not know the reason for the abnormal increase in the share price of Haqqani Pulp and Paper Mills Limited, a listed company in the capital market. This information was revealed by DSE sources.
According to the source, the DSE recently sent a notice asking for the reason for the abnormal increase in the company’s share price. In response, the company said that the share price is increasing without any undisclosed price-sensitive information.
According to the market analysis, the company’s share price was 57 taka 40 paisa last February 25. And on March 09, the share price of the company increased from 64 taka to 60 paisa. That is, the share price increased by 7 taka 20 paisa in 9 working days.
The DSE authorities consider this price increase to be abnormal.
