Dhaka, Bangladesh (BBN)– BBS Cables Ltd dominated the Dhaka Stock Exchange (DSE) turnover chart last week that ended on Thursday, market operators said.

According to statistics available with the DSE, about 8.53 million shares of BBS Cables were traded, generating a turnover of BDT 888 million, which was 4.13 percent of the DSE’s total turnover.

The total turnover on the DSE stood at BDT 21.51 billion which was Tk 16.37 billion in the previous week.

Share price of BBS Cables also rose 12 percent to close at BDT 107.80 on Thursday, the last trading session of the week.

The company informed on Sunday that it received “Notification of Award (NOA)” from Extension & Augmentation of Power Distribution System Project (WZPDCL) “under project Director’s Extension & Augmentation of Power Distribution System Project”.

The company will supply of AAC ANT Insulated Conductor 800KM, 600KM & 300KM for the total amount of BDT more than BDT 79.72 million.

The NOA will be effective upon signing the contract within 28 days. The letter of intimation will be submitted after signing of the contract.

After the news, investors are showing their enthusiasm to the company’s shares.

The company’s (un-audited) earnings per share (EPS) stood at BDT 3.06 for July-September 2018 as against BDT 1.57 for July-September 2017.

The net operating cash flow per share (NOCFPS) was BDT 2.88 for July-September 2018 as against BDT 1.81 for July-September 2017.

The net asset value (NAV) per share was BDT 27.37 as on September 30, 2018 and BDT 24.31 as on June 30, 2018.

The company’s paid-up capital is Tk 1.38 billion, authorised capital is BDT 3.0 billion and the total number of securities is 138 million.

The sponsor-directors own 33.33 percent stake in the company while institutional investors own 11.96 percent, foreign investors 1.02 percent and general public 53.69 percent.

The other most active shares in terms of value included Beximco with shares worth BDT 772 million, followed by Paramount Textile BDT 766 million, IFAD Autos BDT 566 million, Khulna Power BDT 494 million and JMI Syringes BDT 481 million.

United Power was also included in the top ten turnover chart with shares of BDT 448 million changing hands, followed by Shepherded Industries BDT 330 million and BDCOM 319 million.