Business Desk :
Dhaka Stock Exchange sent a letter to the company asking the reason for this sudden boom in its share price.
The leading cement producer LafargeHolcim has reported strong earnings for the July-September quarter.
Meanwhile, the concerned Dhaka Stock Exchange (DSE) has sent a letter to the company asking the reason for this sudden boom in its share price.
In response to the letter, LafargeHolcim said that there was no undisclosed price-sensitive reason behind the upward trend in the stock market.
Asked about this, the Senior Manager of Communications of LafargeHolcim Bangladesh Ltd said that DSE wanted to know the reason for the increase in the share price.
“We replied that there has been no undisclosed material decision or information relating to the company’s operation or profitability that might have impacted on the trade of the shares of the company,” he added.
“In fact, the company’s future plans can no longer be said to increase or decrease the share price. It may not be there today or tomorrow. Apart from this, it is not possible to say anything about this,” he added.
Meanwhile, small-scale investors told that they have heard market jitters about the anticipation of a stake-sale deal between existing sponsor shareholders and potential buyers.
