ARGONDENIM

Argon Denims Limited · Textile · Cat A

47/100

Mixed

৳21.4

DSE Hexagon

Stands out for trades below its estimated worth and a strong earnings record.

Six lenses, each scored 0–100 from the analysis. Integrity is DSE-specific — it reads how organic the price action is (high = clean, low = concentrated-operator risk). Descriptive only, not a recommendation.

Risks & rewards

Risks (1)

⚠ Overbought on RSI (71)

Rewards (3)

✓ Trades below estimated fair value
✓ Financial health improving
✓ Earnings trending up

Score breakdown

Price history & performance

52-week high৳22.0

52-week low৳15.1

From 52w high-2.7%

Beta0.81

7D +8.1%

1M +18.9%

3M +23.7%

6M +24.4%

1Y +36.3%

YTD +20.9%

Shareholder returns vs DSEX

ARGONDENIM-2.7%

DSEX+2.4%

ARGONDENIM underperformed the DSEX since Jul 8, 2026 — that's when we started tracking the index, so this window will get longer over time.

Volatility

Annualized volatility30.9%

Daily VaR (95%)-2.6%

Max drawdown (5y)-45.8%

Correlation to market0.59

Typical volatility for a DSE stock. Descriptive only — past volatility is not a forecast.

Technical read

RSI (14)70.9

MACDbullish

Bollingerinside bands (+1.6σ)

Price cycle (Wyckoff)MARKUP

Health trendimproving

Flow pressureaccumulation

Valuation

Fair value28.4 (19.9-36.9)

Upside+33.00%

Dividend yield+4.60%

Fundamental verdictSUSTAINABLE

ConfidenceLOW (re-rate ceiling, not target)

Ownership

Institutional holding34.56%

Foreign holding0.0%

Free float29.57%

Sponsor, institutional, foreign and public holdings from the latest disclosed shareholding pattern. Descriptive only.

Share structure

Authorized capital৳2,000mn

Paid-up capital৳1,389mn

Face value৳10

Market lot1

Outstanding shares138,888,606

Last AGM18-12-2025

Fiscal year end30-Jun

Reserve & surplus (ex-OCI)৳1,292.8mn

Other comprehensive income৳0mn

Financials

Recent P/E ratio

DateCurrent P/ETrailing P/E

Jul 14, 2026 18.17 18.79

Jul 13, 2026 17.83 18.45

Jul 12, 2026 17.92 18.53

Jul 9, 2026 18 18.62

Jul 8, 2026 18.33 18.97

Jul 7, 2026 17.58 18.19

Based on the latest un-audited financial statements. Descriptive only.

Dividend history

202510%

202410%

202310%

202210%

202110%

20205%

201910%

201810%

201712.5%

201610%

20136%

Earnings & NAV

YearEPSNAVDividend

2025 1.68 24.57 10%

2024 0.75 23.89 10%

2023 0.68 24.13 10%

2022 0.52 24.44 10%

Quarterly EPS — FY2026

Q10.55

Q20.12

Half-year0.67

Q30.22

Nine-month0.9

From disclosed annual reports and dividend declarations. Descriptive only, not a forecast.

Levels

Resistance

৳21.6

৳22.4

৳23.1

৳23.9

Support

৳21.4

৳20.7

৳20.1

৳19.4

Historical bounce zones

Aug 27, 2024: ৳16.5→৳19 +15%

Oct 20, 2024: ৳14.6→৳20 +37%

Jan 15, 2025: ৳16→৳18.6 +16%

Apr 9, 2025: ৳15.3→৳17.6 +15%

May 28, 2025: ৳14.6→৳20.6 +41%

Sep 10, 2025: ৳18.5→৳21.7 +17%

Nov 13, 2025: ৳16.1→৳19.5 +21%

Mar 8, 2026: ৳15.8→৳20.3 +28%

Sector peers

Other Textile names, ranked by our analysis score (DSE has no market-cap feed). Descriptive comparison only.

ScripScorePriceUpsideYield

SQUARETEXTSquare Textiles PLC. 56 ৳51.6 +137.00% +6.30%ENVOYTEXEnvoy Textiles Limited 55 ৳59.0 +140.00% +5.10%PTLParamount Textile PLC. 54 ৳65.2 +68.00% +1.80%HWAWELLTEXHwa Well Textiles (BD) PLC. 50 ৳47.8 +29.00% +4.20%DELTASPINNDelta Spinners Ltd. 44 ৳7.10 — +1.40%TOSRIFATosrifa Industries Limited 44 ৳23.6 -46.00% +1.60%

Historical outlook

Based on how similar setups behaved historically — not a prediction of what will happen.

10-day 32% vs 40% market avg Typical move: -6.4% / -1.3% / 5.7%

30-day 31% vs 42% market avg Typical move: -10.7% / -2.5% / 8.8%

Signals: RSI>70 overbought|Above upper Bollinger

Reference levels

Descriptive reference points from the analysis — not instructions to buy or sell.

Entry readdip to 18.5–19.8

Reference stopclose<19.2 (buffer)

Reference targetride/trail; ref 29.0

Timing notebuy dips Jun-Aug; trim Sep-Oct; hold+trail

Elevated (score 126) — acceptable only with real earnings and sponsor backing; artificial-activity lens applies. Phase: DORMANT (18% >200-MA, flow neut). Elevated sharp-fall risk 9%. [fundamentals SUSTAINABLE, payout 60.0%, yield 4.6%]