Bangladesh General Insurance stock soars 46% in five days | The Business Standard
Skip to main content
  • Latest
  • Epaper
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Tuesday
June 17, 2025

Sign In
Subscribe
  • Latest
  • Epaper
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
TUESDAY, JUNE 17, 2025
Bangladesh General Insurance stock soars 46% in five days

Stocks

05 March, 2023, 09:25 pm
Last modified: 05 March, 2023, 10:16 pm

Related News

  • Stocks surge as clarity on next polls offsets Iran-Israel conflict concerns
  • Stocks nosedive again post-budget
  • Berger Paints rights share subscription starts 15 July
  • Brokerages allowed to retain 75% of investors' deposit interest
  • Navigating the Turbulence: A decade and a half of the Bangladesh capital market

Bangladesh General Insurance stock soars 46% in five days

On Sunday, the share price stood at Tk65.1 apiece, from Tk44.6 on 27 February

05 March, 2023, 09:25 pm
Last modified: 05 March, 2023, 10:16 pm

The share price of Bangladesh General Insurance Company has jumped by 46% over the last five trading sessions at the Dhaka Stock Exchange (DSE).

On Sunday, the company's share price stood at Tk65.1 each, a 9.97% jump from the previous trading session. 

The DSE had sent a query letter to the company asking it to explain the unusual hike in its share price, to which the insurer replied that it has no undisclosed price-sensitive information.

According to DSE data, the price of Bangladesh General Insurance shares was Tk38.6 each on 10 October last year. Then in about three and a half months, its share price kept on increasing and reached a two-year high of Tk70.2 on 22 January this year.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

But after reaching this peak, the share price continued to fall and hit Tk44.6 on 27 February.

The company is yet to publish its annual financials for the year that ended on 31 December 2022. 

According to the DSE, in the January to September period of 2022, the company's earnings per share (EPS) stood at Tk1.56 – a 17% decline from Tk1.88 in the same period of 2021. 

In 2021, its annual profit increased by 53% and stood at Tk10.36 crore, compared to the previous year. 

The Bangladesh General Insurance Company was listed on the DSE in 1989. 

Out of its total 54,027,255 shares, sponsor-directors held 37.87%, institutional investors 41%, and the general public held 21.13% as of January 2023. 
 

Top News

BGIC / Stock

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Israeli Prime Minister Benjamin Netanyahu attends a joint press conference with US Secretary of State Marco Rubio at the Prime Minister's office in Jerusalem, February 16, 2025. Photo: Ohad Zwigenberg/Pool via REUTERS/File Photo
    Killing Khamenei will end conflict: Netanyahu
  • Rising default loans threaten jobs, growth, trade
    Rising default loans threaten jobs, growth, trade
  • Bangladesh gains bigger share in US apparel market as China loses ground, sees 29% export growth in Jan-Apr
    Bangladesh gains bigger share in US apparel market as China loses ground, sees 29% export growth in Jan-Apr

MOST VIEWED

  • Bangladesh Bank Governor Ahsan H Mansur. TBS Sketch
    Merger of 5 Islamic banks at final stage: BB governor
  • UCB launches Bangladesh's first microservices-based open API banking platform
    UCB launches Bangladesh's first microservices-based open API banking platform
  • Photo: Collected
    Pakistan rejects reports of missile supply to Iran
  • Infographic: TBS
    Non-performing loans surge by Tk74,570cr in Q1 as hidden rot exposed
  • BSEC seeks roadmap from 60 firms on Tk30cr capital compliance
    BSEC seeks roadmap from 60 firms on Tk30cr capital compliance
  • Former Bangladesh High Commissioner to the UK Saida Muna Tasneem. Photo: Collected
    ACC launches inquiry against ex-Bangladesh envoy Saida Muna, husband over laundering Tk2,000cr

Related News

  • Stocks surge as clarity on next polls offsets Iran-Israel conflict concerns
  • Stocks nosedive again post-budget
  • Berger Paints rights share subscription starts 15 July
  • Brokerages allowed to retain 75% of investors' deposit interest
  • Navigating the Turbulence: A decade and a half of the Bangladesh capital market

Features

The GLS600 overall has a curvaceous nature, with seamless blends across every panel. PHOTO: Arfin Kazi

Mercedes Maybach GLS600: Definitive Luxury

14h | Wheels
Renowned authors Imdadul Haque Milon, Mohit Kamal, and poet–children’s writer Rashed Rouf seen at Current Book Centre, alongside the store's proprietor, Shahin. Photo: Collected

From ‘Screen and Culture’ to ‘Current Book House’: Chattogram’s oldest surviving bookstore

1d | Panorama
Photos: Collected

Kurtis that make a great office wear

3d | Mode
Among pet birds in the country, lovebirds are the most common, and they are also the most numerous in the haat. Photo: Junayet Rashel

Where feathers meet fortune: How a small pigeon stall became Dhaka’s premiere bird market

5d | Panorama

More Videos from TBS

Phulbari, Banglabandha Borders Closed Due to Protests by Indian Truck Workers

Phulbari, Banglabandha Borders Closed Due to Protests by Indian Truck Workers

2h | TBS World
Why is China's economy not booming?

Why is China's economy not booming?

3h | Others
An additional 36 countries may be added to the travel restrictions imposed by the United States.

An additional 36 countries may be added to the travel restrictions imposed by the United States.

6h | TBS World
NPLs surge by Tk74,570cr in Q1 as hidden rot exposed

NPLs surge by Tk74,570cr in Q1 as hidden rot exposed

6h | TBS Insight
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net