Stock Market News: Price Adjustments Announced for Three Nepalese Companies
Hey stock market enthusiasts! Today, we’re diving into the latest updates from the Nepal Stock Exchange (NEPSE). Three prominent companies have announced price adjustments, so let’s break down the details. If you are looking to invest in Nepal, it’s crucial to understand these changes.
First up, we have Reverse Falls Power Limited. The company has undergone a price adjustment due to the issuance of a 100% rights share. Before the adjustment, the share price was Rs 369.23. Following the adjustment, the new share price stands at Rs 338.38. Keep this in mind as you evaluate your investment portfolio.
Next, let’s look at Sunrise Bluechip Fund. This fund saw a price adjustment after declaring a 19% cash dividend. Prior to the adjustment, the share price was Rs 11.46. Now, post-adjustment, the share price is Rs 9.56. This is important for those who are investing in mutual funds within the Nepalese market.
Finally, we have Laxmi Value Fund. This fund also adjusted its share price following the distribution of a 15% cash dividend from its annual earnings. Before the adjustment, the share price was Rs 10.89. The adjusted share price is now Rs 9.39. This is another key update for investors monitoring the mutual fund market in Nepal.
These price adjustments are a common occurrence in the stock market, reflecting corporate actions like dividends and rights issues. Understanding these price adjustments is essential for making informed investment decisions and building a successful investment strategy within the Nepalese stock market. Stay updated on NEPSE stock market news to avoid making the wrong financial decisions and maximize your investment returns. Keep following for more stock market updates!
