51 companies share unnatural manipulation in share market by Nepal Securities Board Report

Jun Tue 2021 01:29:55

1485 views

51 companies share unnatural manipulation in share market by  Nepal Securities Board Report

The Nepal Securities Board (NSB) has confirmed cornering in the shares of 51 companies. The study report has shown that big and smart investors are manipulating the share market to increase the share price.

The Board has prepared the study report and submitted it to the Ministry of Finance. According to the report, some limited individuals and groups have raised the prices of 51 companies unnaturally.

The board has made public the list of 51 companies and warned investors to invest in these companies.

According to the board, in the last one year, the value of listed companies has increased by 300 percent and above, price-to-earnings ratio has been 100 percent and above, earnings per share have been negative, net worth per share has been less than face value, evaluation of the company's current financial capacity. A preliminary study was conducted by selecting 51 listed organizations that are currently at risk.

The Board has stated that a detailed study has been carried out on the offenses related to securities including internal transactions, circular transactions and cornering in the transactions of the listed organizations.


हेर्नुस् जोखिममा रहेका कम्पनीहरुः