Tehran- The stock ticker symbol of Sadr Tamin Investment Company – TASSICO — has always been a high-flying name in the volatile stock market. It has been able to maintain its liquidity and value despite the repeated falls of the market and share value of similar companies over the past three months starting since the Iranian month of Ordibehesht (April 21-May 21). Despite more-than-30-percent plunge of the Tehran stock exchange’s benchmark index and the decline in the stock value of the well-known companies, TASSICO has been one of those symbols that has been able to keep the hope in the hearts of shareholders alive in line with maintaining the intrinsic value of the market as a whole.

TASSICO performed very well last week (August 19-26) in the stock market. This was while the Tehran Stock Exchange’s benchmark TEDPIX index was slumping until last week, approaching 1.95m points. TASSICO shares were able to maintain their value during the week. Also, it has recorded a return of 18.4 percent since the beginning of the Iranian year to March 19, 2024, to relieve the burden of the metallic mineral extraction industry and the whole market under such unfavorable market conditions.

Regular cooperation and monitoring of the projects and their progress, portfolio optimization coupled with the strategic joint cooperation with investors actively involved in the field of mining and related industries through the purchase and establishment of companies and the implementation of joint projects, investment in the mining and rare mineral industries sectors with the approach of completing the value chain, management of the investment portfolio through trading the companies’ shares, programs by subsidiaries to secure a foothold in domestic and foreign markets and the development and diversification of products of the subsidiaries are among of efficient policies of the management team of Sadr Tamin Investment Company that have helped it perform well and its shares remain positive with the lowest adjustment rate in the stock market despite fluctuations of a turbulent stock market.

Capital market experts and traders believe that in the annual meetings, the management team of the companies usually reports to the shareholders how well their companies functioned in the stock market through profit making of companies and obtaining high-quality profit. Given the good results achieved in the development projects, Sadr Tamin Investment Holding decided to define development plans for almost all of its subsidiaries and many of these development plans have been put into operation in a short period. The policy indicates a continuous promising future with a high profit for the company, showing that TASSICO’s shares will perform better this year compared to the year before.

TASSICO will exchange good news with shareholders in the general meeting to be held tomorrow (Sunday, August 27) and win the trust of the public in the symbol more than ever.