Kathmandu. The share price of Nepal Telecom has risen by Rs 266 per share for the past one month. Investors who invest in the company in a month have earned Rs 266 per unit share. Sources claim that the government received an advance dividend of Rs 3 billion from Telecom in mid-January.

Despite rumors that the company will give bonus shares in recent times, some investors have increased the share price by cornering it saying that it will make the company's share price. Telecom has not yet declared a dividend from last year's profit among the largest companies listed in Nepse.

‘Nepal Telecom has not given bonus shares yet and the possibility of giving is very low. A source close to the telco said that the government would not allow the telco to issue bonus shares by spreading rumors that some people would give bonus shares. Telecom is one of the best places for the government to raise taxes. Issuing bonuses does not benefit the government. '

Some big investors have rumored that the company will give bonus shares. The effect of which is also seen in other investors. "Flanno's relatives have raised a lot of shares. If he raises the company, the price will go up a lot," the source said.

Although the company does not pay bonuses, its ability to pay cash dividends is good. Some investors had raised the price last year by spreading rumors that the telecom would give bonus shares but, the telecom did not give bonus shares.