Sanima Mai
Hydropower has debuted its stock trading at Rs 324 for an unit today.
The fifth
hydropower company had listed its 10,530,000 units of stocks at the secondary
market a week ago. However, the market saw only 10 units of Sanima Mai Hydro's
stocks trading today. The hydel project promoted by the NRNs has a book value
of Rs 108 and according to the rule, the debut price could be three times the
book value.
The five hydropower
companies have listed a total of 55,075,622 units of stocks at Rs 100 per unit
at the Nepal Stock Exchange (Nepse).
The
hydropower sub group has gained 56.17 points, though the overall Nepse index
could not gain and lost 1.56 points to close the market at 783.91 points today.
The Nepse
has lost but it has witnessed trading of some 125 companies with a turnover of
Rs 350.45 million as 807,040 units of stocks.
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