NEPSE Lists Shares of Sagarmatha Jalvidhyut and Molung Hydropower; What is the Opening Range?

Apr 12, 2023 03:02 PM Merolagani



Nepal Stock Exchange (NEPSE) has listed shares of two companies including Sagarmatha Jalvidhyut Company and Molung Hydropower on April 12.

NEPSE listed 11.2 million units of shares of Sagarmatha Jalvidhyut including 1,120,000 units issued to locals of affected area 4,368,000 units issued to general public (including mutual funds, employees and foreign migrated workers of Nepal and 5,712,000 units promoter shares

For the first transaction after the merger, NEPSE has given an opening range of Rs 111.41 to Rs 334.23 to the stock. It also assigned (SMJC) code to the company.

Moreover, NEPSE listed 8,025,000 million units of shares of Molung Hydropower including802,500 units issued to locals of affected area, 2,728,500 units issued to general public (including mutual funds, employees and foreign migrated workers of Nepal and 4,494,000 units promoter shares

For the first transaction after the merger, NEPSE has given an opening range of Rs 60.62 to Rs 181.86 to the stock. It also assigned (MHCL) code to the company.

 




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