The Price Hike Surprise at Miracle Industries

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The Price Hike Surprise at Miracle Industries

The company told the Dhaka Stock Exchange (DSE) that it does not know the reason for the abnormal increase in the share price of the listed company Miracle Industries Limited.

This information is known from DSE sources.

According to sources, DSE has recently sent a notice seeking to know the reason for the abnormal increase in the share price of the company. In response, the company said the share price was rising without any undisclosed price sensitive information.

Note that on November 26, the share price of Miracle Industries was 16 taka 40 paisa. Which increased to 27 taka 10 paisa at the end of trading on December 9. In other words, the share price of the company increased by 10 taka 70 paisa in 10 working days. DSE considers this rate hike unusual.

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