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Maroon's 183 Percent Bonus Issue Did Not Change the Company's Value, but 13 Sessions of Buy Queues Lifted Its P/E From 5.4 to 7.9 (Saturday, 26 September 2026)
On 29 August 2026 Maroon Petrochemical raised its capital 183%, from 23 to 65 trillion rials, out of retained earnings; after the dividend and bonus adjustments its reference price became 18,950 rials and its value was unchanged. Through 26 September it closed limit-up for 13 straight sessions at 27,730 rials, 46% higher, and its board P/E rose fro...
9 min read · 26 September