The market price of Nepal Life Insurance has doubled, the share price will continue to rise

Dec Thu 2020 05:09:59

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The market price of Nepal Life Insurance has doubled, the share price will continue to rise

Kathmandu. The market value of Nepal Life Insurance has increased by 126 percent in one year. A year ago, on December 1, 2019, the market price of Nepal Life closed at Rs. 842 per lot. On December 2, 2020, the market price of the company closed at Rs. The market value of the company has increased by Rs 1,068 per unit in one year.

The company has distributed dividend till FY 74/75. The company had paid a total of 48.50 percent dividend in the fiscal year 74/75 with 25 percent bonus share and 23.5 percent cash dividend.

While other companies listed in Nepse have offered dividends for FY 76/76, Nepal Life Insurance has not offered dividends for FY 75/76.