Aamra Technologies shares jump 65% in two months; company cites no undisclosed PSI

Shares of IT sector-listed Aamra Technologies have surged 65% over the past two months, but the company says there is no undisclosed price-sensitive information (PSI) behind the sharp rise.

Following the unusual increase in the share price and trading volume, the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) separately sought explanations from the company.

In replies to the DSE's query dated 12 July and the CSE's query dated 2 August, Aamra Technologies said it is not aware of any undisclosed price-sensitive information that could have influenced the recent movement in its share price or trading volume.

The company said there had been no significant changes in its business operations, financial position or future plans that could explain the rally.

The stock closed at Tk21.40 on the DSE today (3 August).

According to DSE data, the company's share price rose from Tk13 on 1 June to Tk21.50 on 2 August, a gain of 65.38% in two months.

Trading activity also increased sharply during the period, with turnover in several sessions well above the stock's usual average. Market observers say simultaneous spikes in price and trading volume in relatively small-cap stocks can sometimes indicate speculative trading, although determining the cause falls within the purview of the stock exchanges and the market regulator.

Aamra Technologies was listed on the stock market in 2012 and is currently in the 'Z' category. The company has a paid-up capital of Tk65.70 crore.

As of 30 June 2026, sponsor-directors held 30.01% of the company's shares, institutional investors owned 33.68%, while general investors held the remaining 36.31%.