The rise in the risk of unusual increase was increased by Eastern Cable Shares, a government-owned company listed in the stock exchange. At the end of the day on Wednesday, the company's value-earning ratio or P.E. ratio increased to 1,983 Eastern Cable Company is currently the highest-paid income ratio in the country's share market. According to capital market analysts, investing in the company is as risky as the company's market value ratio is as high as the stock market. Eastern Cables shares are at the highest risk as well.
With the rise, the risk is increasing every day.The company's highest price increase was also on the main stock exchange Dhaka Stock Exchange (DSE) yesterday. At present, there was an opportunity to increase the company's highest level of 9 percent or 19 percent in Dhaka market. At the end of the day, the increase in the price of Eastern Cable rose to 238 taka. As a result, the last seven working days, the price of each of the shares increased by around Tk 100. On November 13, the market price of the company was 140 rupee 50 paisa.According to the DSE website, there was no price sensitive information at the time of the company's unusual price increase for a week. In the meantime, only one director of the company announced the sale of around three and a half million shares. Despite the declaration of a director's share sale, its share price jumped jumping The risk of the general investor's shareholding in the company is increasing abnormally.On the condition of not disclosing the name, a merchant bank's top executive,
Prothom Alo
, said that there is some information surrounding the company which has not been published. But some people are already investing in the shares of the company before knowing that information. It may be seen later that the information has been published. Apart from this, there is no logical reason for such increase in the company.Last financial year, the last quarter of the report is published by the company, its earnings per share or EPS is shown only 3 paisa. With earnings of 3 paisa, the company increased its earnings by about 100 rupees in seven working days. At the end of the day, it was the third place among the top ten companies in the DSE. Earlier on Tuesday, the company was at the top of the price hike.The Peninsula Chittagong was at the top of the price index in Dhaka market yesterday. Housing and Public Works Minister Mosharraf Hossain's family business in Chittagong is located in the family business.
Yesterday the minister announced the purchase of 2.5 million shares of the company from the market. In the news yesterday, the price of each share of the company rose by 2 paise or about 10 percent to 24 rupees 30 paise. However, in the second quarter of July-September, the company decreased 34 paise to 16 paise from the same period last year. On the basis of the latest published income, the share price ratio of the company rose to 38 in the daytime. On Tuesday, the price ratio was at 34Meanwhile, in the two stock exchanges of the country, the index decreases slightly, but the amount of transaction has decreased. DSE's main index DSEX rose by 7 points to 6288 points yesterday. In the Dhaka market yesterday, the amount of transaction was Tk 898 crore, which is less than 194 crore less than the previous day. On top of the transaction at the DSE, Lanka Bangla Finance was at the top. Yesterday, the company's turnover of around 60 crore shares was changed in the DSE alone.According to Merchant Bank IDLC Investments report, the telecommunication sector was ahead in the market in price rise. Yesterday, the share price of each company's share rose more than 2 percent. In the DSE, the telecom sector company Grameenphone's share price rose by 10 paisa 40 paisa or around 2 percent.
I have no knowledge about share market
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thanks bro