Sharp Industries PLC from the textile sector topped the list of price gainers on the Dhaka Stock Exchange (DSE) last week, with its share price rising by 16.93%. On the last trading day, the company’s shares closed at BDT 22.10, reflecting a 0.45% or 10 paisa increase. During the day, share prices fluctuated between BDT 21.60 and BDT 22.70, with 321,815 shares traded in 561 transactions, amounting to a turnover of BDT 7.04 million. Over the past year, the company’s share price has ranged from BDT 12 to BDT 22.70.

Listed in 2010, Sharp Industries operates in the “Z” category. It has an authorized capital of BDT 5 billion and a paid-up capital of BDT 3.0345 billion. Its reserves stand at BDT 2.01 million, while 30.58% of its 303.45 million shares are held by sponsors and directors, 23.28% by institutions, 0.01% by foreign investors, and 46.13% by general investors.

For Q1 of the current fiscal year (July-September 2024), the company reported earnings per share (EPS) of 15 paisa, up from 1 paisa in the same period last year. Its net asset value per share (NAVPS) stood at BDT 10.21, while cash flow per share showed a 2 paisa loss, improving from a loss of BDT 2.42 in the previous year.

For the fiscal year ending June 30, 2024, the company declared a 1% cash dividend, with EPS of 19 paisa and NAVPS of BDT 10.07. However, its cash flow per share showed a deficit of BDT 2.71. In comparison, for FY 2023, the company declared no dividend, with an EPS loss of 8 paisa and NAVPS loss of 2 paisa. Cash flow per share for that year was also negative at 4 paisa.

Other notable gainers in weekly price growth included Renwick Jajneswar & Co. (16.43%), Golden Harvest Agro Industries (10.68%), Khan Brothers PP Woven Bag Industries (10.08%), FAR Chemicals (9.79%), SK Trims & Industries (9.33%), Pravati Insurance (7.27%), Orion Infusions (6.79%), Sunlife Insurance (6.62%), and Dominage Steel Building Systems (6.45%).