Modi Energy Limited (MEL) negative circuit on the first day

Modi Energy Limited (MEL) negative circuit on the first day

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


5 Comments

  1. 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.

  2. 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

  3. Mutual funds exiting in 1st day. Someone should lobby for cancelling mutual fund quota or apply holding period.

  4. 69000 kitta trade bhako cha….so do your research…Buyers na bhae kasari sell bho tyatro kitta

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