There is no sensitive pricing information related to the unusual rise in the share price of Wata Chemicals Limited, a company that is publicly traded. The company’s management has provided this clarification in response to a notice issued by the DSE regarding the recent surge in the share price.
This information has been disclosed by sources from the Dhaka Stock Exchange (DSE).
As per the source, the company’s share price was 99 taka 50 paisa on June 15. By the close of the market on August 28, the share price had risen to 159 taka 20 paisa. This indicates an increase of 59 taka 70 paisa over this period.
The DSE authorities view this price escalation as abnormal.
