This document examines the impact of economic value added (EVA) on the market price of shares using data from Advanced Chemical Industries Limited (ACIL), a leading pharmaceutical company in Bangladesh, from 2006 to 2011. It calculates EVA for ACIL over this period and finds that EVA was positive, indicating the company added value for shareholders. Using statistical analysis techniques including regression and correlation, the study finds a significant positive relationship between EVA and market share price for ACIL. It concludes that EVA has a meaningful impact on share price and can help investors predict future share price trends and make investment decisions.