River Falls Power Rights Issue: Share Price Adjustment Announced!
Breaking news for Nepali stock market investors! The Nepal Stock Exchange (NEPSE) has announced a share price adjustment for River Falls Power Limited following its announcement of a 100% rights share issuance. This is a critical update for anyone tracking Nepalese stock market news and looking to invest in Nepal.
The share price adjustment is a standard procedure when a company issues rights shares. It’s designed to reflect the increased number of shares in the market and to ensure fair stock trading. In this case, the adjustment was based on the company’s last traded price, which was Rs. 638.45.
After the price adjustment, the River Falls Power share price has been set at Rs. 369.23. This new price will be the opening price for trading in the secondary market. Investors should be aware of this new adjusted price when making any investment decisions. This stock market update is crucial for anyone following share market news and the financial markets of Nepal.
Keep an eye on the NEPSE for further updates on stock performance and trading activity. Understanding these market adjustments is key for making informed investment decisions in the Nepal Stock Exchange. This information is vital for all stock market participants, from day traders to long-term investors. Stay informed with the latest market analysis and stock recommendations.
