River Falls Power Limited Stock Price Adjusted on NEPSE!
Hey stock market enthusiasts! Today’s NEPSE news brings an important update for investors holding shares of River Falls Power Limited. We’re talking about a crucial price adjustment following their 100% right share issuance.
So, what does this mean for you? Well, the stock price has been adjusted. The adjustment is based on the closing price from Thursday’s trading session, specifically Rs. 638.45. The NEPSE officials made the necessary calculations and, as a result, the adjusted share price is now Rs. 369.23.
This price adjustment is a standard procedure in the stock market when a company issues right shares or other corporate actions that affect the share value. This ensures that the market price accurately reflects the updated value of the company.
Investors should be aware that trading in River Falls Power Limited shares will now commence at this adjusted price of Rs. 369.23. Keep a close eye on the market trends as you make your investment decisions.
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