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Soaring Share Prices of DIMO Stir Market Concerns Amid Tender Allegations - LNW Lanka News Web
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Soaring Share Prices of DIMO Stir Market Concerns Amid Tender Allegations - LNW Lanka News Web
October 14, Colombo (LNW): The recent and dramatic surge in the share price of Diesel and Motor Engineering PLC (DIMO) on the Colombo Stock Exchange has sparked intense debate among market participants and financial observers.While a significant government procurement process for buses appears to be driving this increase, growing concerns suggest the possibility of underlying financial misconduct.DIMO’s share price, which stood at approximately …
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