Bangladesh, Oct. 15 -- Junk stock Aziz Pipes has continued its rally unabated without any change in its poor fundamentals. The company's operations have remained suspended since May last year, according to the Dhaka Stock Exchange (DSE).

The stock climbed from Tk 40.60 on January 15 to Tk 82.30 on June 25, a 103 per cent surge in a little more than five months. It slid to Tk 78.7 on September 23 before rising again to close at Tk 101.60 on Wednesday.

The stock price has risen by a whopping 150 per cent since January.

Before the suspension of operations, Aziz Pipes incurred losses between FY21 and FY25. Its annual losses gradually rose to Tk 54.14 million in FY25 from Tk 4.39 million in FY21.

The company has not yet published financia...