Karachi: The shares of Dewan Farooque Spinning Mills Limited have been subject to an unusual movement in their price, raising queries and concerns among investors and market analysts. According to a letter dated July 09, 2025, sent to the company, there was a request for clarification regarding the fluctuating share prices.

In response, Dewan Farooque Spinning Mills Limited informed that they do not have control over the share price or the trading volume activities on the stock exchange. The company maintained that it remains unaware of the reasons behind the fluctuations in share prices and trading volumes. According to the company's statement, market prices are influenced by the sentiments of buyers and sellers, the dynamics of which are best known to them.

According to information available from the Pakistan Stock Exchange (PSX), the stock market's designated market category has registered the fluctuations as a significant point of interest. The company has expressed its adherence to the legal requirements for the disclosure of price-sensitive information as per PSX regulations, assuring that any significant developments would be promptly communicated for public dissemination.

The company addressed the concerns by emphasizing its commitment to transparency and stating that it will disclose any notable information to the exchange as required. The situation remains under observation by market participants, while Dewan Farooque Spinning Mills Limited continues to monitor the developments closely.