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Share of Meghna Pet Industries Limited’s has increased 11 per cent in 4 consecutive days. Its share price jumped from Tk 34.4 on July 7 to Tk 38.3 seen on July 14 on the Dhaka Stock Exchange.
On Thursday, its share price roses 4.90 per cent to stand at Tk 38.50 following the query made by the DSE.
“There is no undisclosed price sensitive information of the company for recent unusual price hike and increase in volume of shares,” said Meghna Pet Industries in response to the DSE’s query over its unusual price hike.
Its third quarter (Q3) earnings per share (EPS) were negative Tk 0.06 for January-March 2022 as against negative Tk 0.06 for January-March 2021.
Its Net Asset value (NAV) per share was negative Tk 4.73 as on March 31, 2022 and Tk 4.42 as on March 31, 2021.
The company Board of Directors has recommended no dividend for the year ended on June 30, 2021.