Price adjustment in shares of two companies on NEPSE, at what price will trading open now?

Bajarko Chirfar
Bajarko Chirfar
2082 Ashwin 8
Price adjustment in shares of two companies on NEPSE, at what price will trading open now?

Nepal Stock Exchange (NEPSE) has adjusted the share prices of Kamana Sewa Bikas Bank and Universal Power Company after their bonus share announcements.

NEPSE adjusted the market price of Kamana Sewa Bikas Bank following the company’s decision to distribute a 10% bonus share. Based on the last traded price of Rs. 525.50 on Tuesday, the adjusted price now stands at Rs. 477.73. The company’s shares will open for secondary market trading at this adjusted level.

Similarly, the share price of Universal Power Company has been adjusted after the company declared a 9% bonus share. The adjustment was calculated on the last traded price of Rs. 414.50 on Tuesday. Following the adjustment, the new base price for trading is Rs. 380.28.

Both companies will now resume trading in the secondary market at their respective adjusted prices.


This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.


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