Hydropower Stocks Alert: Lock-in Periods End, Millions of Shares Released on NEPSE!
Stock market enthusiasts, get ready! Big changes are coming to the NEPSE! The lock-in periods for three prominent hydropower companies – Mandakini Hydropower Limited, Swet-Ganga Hydropower & Construction Limited, and Sayapatri Hydropower Limited – are ending, which means a massive influx of new shares is about to hit the secondary market. This could significantly impact stock prices and trading activity within the hydropower sector.
Investors should pay close attention as millions of shares, previously locked away, become freely tradable. Let’s break down the details:
Mandakini Hydropower Limited: The lock-in period for Mandakini Hydropower shares concluded on 16th Shrawan. A whopping 4,845,217 shares are now available for trading on NEPSE starting from 17th Shrawan. This includes:
- 4,170,597 promoter shares
- 648,762 shares held by project-affected locals
- 25,858 employee shares
Swet-Ganga Hydropower & Construction Limited: The lock-in for Swet-Ganga Hydropower ends on 17th Shrawan, and 9,689,500 shares will become tradable from 18th Shrawan! Here’s the breakdown:
- 7,300,000 promoter shares
- 1,593,000 shares allocated to locals
- 796,500 employee shares
Sayapatri Hydropower Limited: Finally, the lock-in period for Sayapatri Hydropower shares is expiring on 23rd Shrawan. A total of 2,293,361 shares will be released into the market, comprised of:
- 2,100,000 promoter shares
- 178,940 shares held by locals
- 14,421 employee shares
What Does This Mean for Investors?
The release of these shares could lead to increased market liquidity and potentially affect stock prices for these hydropower companies. Traders and investors will be watching closely to see how the market reacts. Analyzing the stock market and staying informed about share prices is crucial during such periods. Keep an eye on NEPSE updates and hydropower stock analysis to make informed investment decisions. This is a significant development in the Nepal Stock Exchange, especially for those interested in hydropower investments. Stay informed with our market updates!
