IME Life New

Share price adjustment of four companies, how much?

SPIL
Global College
Nepal Life New

Kathmandu. The share prices of four companies have been adjusted in the Nepal Stock Exchange (NEPSE). Share prices of Mahalaxmi Bikas Bank, Singati Hydro Energy, Nepal Hydro Developers and Nepal Life Insurance have been adjusted today.

Nepal Stock Exchange (NEPSE) has adjusted 5 percent bonus shares each of Mahalaxmi Bikas Bank, Nepal Life Insurance Company and 9 percent bonus shares of Nepal Hydro Developers. After the adjustment, the share price of Mahalaxmi Bank has been fixed at Rs 365.71, Nepal Life Insurance has been fixed at Rs 778.57, Singati Bank has fixed Rs 271.43 and Nepal Hydro has been fixed at Rs 669.63.

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NEPSE has adjusted the share prices of these companies based on the closing price of the previous trading day. Shares of Mahalaxmi Hydro Ltd were traded at Rs 384 per share, followed by Rs 817.50 per share, Rs 285 per share by Singati and Rs 729.90 respectively.

Based on this adjusted price, the shares of these companies will open in the secondary market today.

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