This is no buy/sell recommendation - just a trial to see if Technical Analysis (works to an extent) in Dhaka Stock Exchange.
Technically, UPGDCL is in a down trend. However, q3 results today were better than LY same period. Assuming a good Q4, it might give Cash Dividends near 170% C (as in previous years 2021 and 2022).
Taking CP near 120 (4 May 2025), Yield Scenario seems attractive.
Recent low was 111 - so risk is somewhat low too.
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