Why billions lost of Nepal Telecom Investors in one day

Mar Wed 2021 08:33:16

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Why billions lost of  Nepal Telecom Investors in one day

Kathmandu. Nepal Telecom, which has the highest market capitalization in the secondary market, has a market capitalization of Rs. 10.95 billion during the review period.

The market has declined three days in four trading days this week. Even though the market declined on Wednesday, the information about the dividend that would affect the share price of the company was made public. The company has increased its consolidated profit of Rs. The decision to distribute cash dividend at the rate of Rs 40 was made public on Wednesday.

The company is set to pay the lowest dividend this year in its history of dividend distribution. The company, which has distributed up to 55 per cent cash dividend in previous years, has proposed a 40 per cent dividend this year, which has had a negative impact on prices.