Alif Industries tops DSE gainers after announcing factory relocation, expansion

According to DSE data, the company’s share price surged 9.96% within the first half hour of trading, reaching Tk58.50 by 10:40am

Alif Industries Limited emerged as the top gainer in the Dhaka Stock Exchange's (DSE) early trading today (24 August) after the company announced plans to relocate and expand its factory to strengthen production and operational capacity.

According to DSE data, the company's share price surged 9.96% within the first half hour of trading, reaching Tk58.50 by 10:40am.

In a disclosure to the DSE, Alif Industries said its Board of Directors, in a meeting held on 21 August 2025, approved the relocation and extension of its existing factory premises. The responsibility for implementing the initiative has been entrusted to the company's Managing Director, Azimul Islam.

The company noted that the move aims to improve compliance standards and cater to the increasing demand from international buyers. 

"This decision is expected to strengthen the company's operational capacity and align its production facilities with the requirements of its valued buyers," the disclosure read.