KPPL shares soar despite DSE saying factory closed
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Shares of Khulna Printing & Packaging Limited (KPPL) continue to rise, despite repeated alerts from the Dhaka Stock Exchange (DSE) that the company's factory is closed.
The DSE said in a notice today that its team visited the factory premises and head office of KPPL on February 4, 2023, to inspect their operational status and found them closed.
Yet, the company's share price rose 8.76 percent to Tk 23.60 as of 12:28 pm on the DSE.
Over the past month, KPPL's shares surged from below Tk 9 to close at Tk 21.70 yesterday.
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