Stock Trading of Mountain Hydro Nepal Opens in NEPSE

Apr 15, 2019 Merolagani

The stock trading of Mountain Hydro Nepal has started in Nepal Stock Exchange (NEPSE) on April 15. NEPSE has provided a code of 'MNHL' to the hydropower company.

For the first transaction, the exchange has provided an opening range of Rs 93.75 to Rs 281.25 to the stock.

Mountain Hydro issued 1,816,110 units of shares to the public from March 7-12.

The company is developing 21.6MW Hewa Khola Hydropower Project with an estimated cost of Rs 4.28 billion in Panchthar District.

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