Karachi: An extraordinary increase in the market share price of Elahi Cotton Mills Limited has prompted the company’s management to seek an investigation from the Pakistan Stock Exchange. This development was disclosed in a letter sent by the company, dated December 12, 2025, addressing the issue of unusual market activity.
The management of Elahi Cotton Mills Limited expressed their lack of awareness regarding any specific matter or development that could have led to this significant price movement. The company has requested the Pakistan Stock Exchange to conduct a thorough investigation to uncover the reasons behind this abnormal surge in share price.
The request for an investigation follows a letter referenced as PSX/Gen-2166, dated December 11, 2025, which highlighted the unusual price activity. According to information available from the Pakistan Stock Exchange (PSX), such movements can sometimes occur due to market speculation or undisclosed internal developments.
The company emphasized the importance of cooperation from the Pakistan Stock Exchange in identifying the factors contributing to this abnormal price increase. Elahi Cotton Mills Limited is part of the textile sector, a designated market category that frequently experiences fluctuations due to varying market conditions.
The management of Elahi Cotton Mills Limited has expressed their appreciation for any assistance provided by the Pakistan Stock Exchange in shedding light on the unusual share price movement.