Looking like this stock will not do well. No buyers even in the lowest circuit.
Or, am I missing something?
View on r/NepalStock by esnyez
Highlights:
- Today is the last day to apply for a Modification of the Issue of the Day
- NEPSE Drops 39.26 Points; RAWA Surges with Positive Circuit, MEL Hits Negative Circuit on Debut Trading Day.
- Modi Energy Limited opens IPO issue of 55.59 lakh unit shares to the general public
- Modi Energy Limited IPO Allotment Concludes: Lottery Results Announced
- Modi Energy IPO closes today for Nepalese working abroad.
Hawa project ho. It has a per MW cost of 31 crore which is wayyyyyyyy high. Normally 20-22 crore ko range ma huncha . It’s a failed project IMO. However regardless of the project, the stock can always reach high due to manipulation and ignorance.
What I’ll say is, hold for the time being. Listing rw trade huna lai dher time lageko le sabai attiyeko ho. Worst case, voli ni – circuit lagxa. 3/4 days tw ho, tei ni ipo, hold gara na
I will buy @101 🙂
Mutual funds exiting in 1st day. Someone should lobby for cancelling mutual fund quota or apply holding period.
69000 kitta trade bhako cha….so do your research…Buyers na bhae kasari sell bho tyatro kitta