Kattali Textiles does not know the reason for the abnormal price increase

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Kattali Textiles does not know the reason for the abnormal price increase

The company has informed the Dhaka Stock Exchange (DSE) that it does not know the reason for the abnormal increase in the share price of Kattali Textile Limited, a company listed on the capital market. This information was revealed by DSE sources.

According to the source, the DSE recently sent a notice seeking to know 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.

It is worth noting that the company’s share price was 9 taka on January 30. And on Tuesday (February 11), the share price increased to 11 taka and 90 paisa. That is, the share price increased by 2 taka and 90 paisa in just 9 working days.

The DSE considers this price increase to be abnormal.

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