Dhaka, Bangladesh (BBN)- Bangladesh Steel Re-rolling Mills (BSRM) dominated the turnover chart on the Dhaka Stock Exchange (DSE) last week that ended on Thursday.
According to statistics from the DSE, some 7.44 million BSRM shares were traded, generating a turnover of nearly BDT 1.16 billion, which was 4.83 percent of the premier bourse’s total turnover.
The average daily turnover for the company was BDT 193 million.
Each share of the Chittagong-based steel producer closed at BDT 163, registering an increase of 11.57 percent over the previous week.
The BSRM was listed on the Dhaka bourse in 2015. The engineering sector company belongs to the “A” category.
The company has posted a substantial rise in its first quarter (Q1) earnings. As per un-audited Q1 financial report, earning per share (EPS) of the company was BDT 2.52 for January-March period of 2016 as against BDT 0.16 for the same period last year.
Net operating cash flow per share (NOCFPS) was BDT 12.08 for January-March, 2016 as against BDT 4.12 for January-March, 2015. Net asset value (NAV) per share was BDT 52.33 as of March 31, 2016 and BDT 55.28 as of March 31, 2015.
The company disbursed 5.0 percent cash and 10 percent stock dividends for the year that ended on December 31, 2015. In 2014, the company distributed 10 percent cash dividend.
The sponsor-directors own 55.77 percent stake in the BSRM, while institutional investors own 4.77 percent, foreign investors 30.58 percent and the general public 8.88 per cent as on June 30, 2016.
The company’s paid-up capital is BDT 1,950.98 million and authorised capital is BDT 5,000 million, while total number of securities is 195,097,717, the DSE data showed.
The company’s total market capitalisation stood at BDT 30,649.85 million as on Thursday.
BSRM was, followed by ACME Laboratories, with some 9.51 million shares worth BDT 1.15 million changing hands, followed by Islami Bank BDT 1.07 billion, Delta Brac Housing Finance Corporation BDT 852 million, Shahjibazar Power Company BDT 799 million and MJL Bangladesh BDT 765 million.
Beximco Pharmaceuticals was included in the top turnover list, with 7.37 million shares worth BDT 622 million changing hands, followed by Square Pharmaceuticals BDT 492 million, Olympic Industries BDT 449 million and GrameenPhone BDT 435 million.