Stocks
DSE Top Gainer: Orion Pharma
Orion Pharma Ltd ranked top ten gainers on Dhaka Stock Exchange, DSE today, November 3, the share price increased by 11 taka 50 paisa or 9.97pc. On this day, the share was last traded at 126 taka 90 paisa.
This information is known from DSE sources.
According to the data, the firm traded 74 lakh 32 thousand 17 shares in 8 thousand 65 times whose market value is 2 thousand 700 crore 36 lakh.
2nd on the list is Bangladesh Shipping Corporation. Today the price of the company’s share price increased by 13 taka 20 paisa or 9.95pc. The share was last traded at 145 taka 90 paisa. According to the sources, the company traded 32 lakh 32 thousand 454 shares in 3 thousand 570 times whose market value is 2 thousand 24 crore 14 lakh.
And the 3rd on the list is Navana Pharmaceuticals Limited. Today the company share price has increased by 9 taka 90 paisa or 9.93pc. The share was last traded at 109 takas 60 paisa. According to the data, the company traded 43 lakh 41 thousand 149 shares in 12 thousand 422 times whose market value is 1 thousand 70 crore 93 lakh.
Other companies on the gainer list are Pragati Life Insurance, Sunlife Insurance Company, IT Consultants, Indo-Bangla Pharmaceuticals, Chartered Life Insurance Company, The peninsula Chittagong, BD Thai Food & beverage Ltd.
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One of the Listed companies, National Polymer Limited has recommended 10.50% Cash Dividend for the year ended June 30, 2024.
It has reported Consolidated EPS of Tk 2.27 paisa, and Consolidated NAV per share of Tk 30.63 for the year ended March 31, 2024.
The Annual General Meeting (AGM) of the company will be held on December 18, through the digital platform. The record date for this has been fixed at October 22.
The Company also discloses its financial reports for the second quarter, (April – June 24).
As per the company’s consolidated life revenue account for April to June 2024, the excess of total income over total expenses, including claims (surplus), stood at Tk 1,394.24 million. This marks a significant increase from the surplus of Tk 823.68 million during the same period in 2023.
For the first half of 2024, from January to June, the company reported a surplus of Tk 2,177.57 million, compared to Tk 1,290.39 million in the corresponding period of the previous year.
Additionally, the Life Insurance Fund balance as of June 30, 2024, reached Tk 55,188.62 million, showing a net increase of Tk 5,892.25 million from Tk 49,296.37 million on June 30, 2023.
One of the Listed companies, Beacon Pharmaceuticals PLC has recommended 20% Cash dividend and 10% Cash Dividend to Sponsor Shareholder and Directors for the year ended June 30, 2024.
It has reported EPS of Tk 2.26 paisa, and NAV per share of Tk. 26.37 for the year ended June 30, 2024.
The Annual General Meeting (AGM) of the company will be held on December 23, through the digital platform. The record date for this has been fixed at October 27.
The Bangladesh Securities and Exchange Commission (BSEC) has removed three audit firms from its panel for their failure to secure enlistment with the Financial Reporting Council (FRC), according to a notice issued today.
The firms—A Hoque & Company, FAMES & R, and SK Barua & Company Chartered Accountants—were delisted following the FRC’s request. In December last year, the FRC published a list of enlisted audit firms and subsequently, in February, requested the BSEC to remove any firms that were not included on that list.
BSEC regulations mandate that financial statements signed by auditors outside its approved panel will not be accepted. With the removal of these three firms, the total number of audit firms on the BSEC panel has been reduced from 48 to 45.
Sources from the FRC revealed that 15-20 audit firms failed to secure enlistment last year, and approximately 45 chartered accountants are currently under restrictions imposed by the Institute of Chartered Accountants.
Although the delisted firms can no longer audit issuer companies or listed securities, they are allowed to complete audit and assurance services that were initiated before their removal, the BSEC clarified.
