NEPSE declined by 55.89 points and Landslide in hydropower stocks

Aug Tue 2021 12:42:17

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NEPSE declined by 55.89 points  and Landslide in  hydropower stocks

Kathmandu. The Nepal Stock Exchange (NEPSE) fell by double digits on Tuesday, the first trading day of the year. Nepse has decreased by 55.89 points and stopped at 3125.01 points. 16.12 billion. Insurance groups traded increased while all other groups declined.

According to Nepse, the share price of Gorkhaj Finance and Jeevan Vikas MFI has seen a positive circuit in the traded companies. The share price of Gorkhaj Finance Company rose by Rs 128.20 to Rs 1,410.20 per share while the share price of Jeevan Vikas MFI rose by Rs 390.60 to Rs 4,296.70 per share.

Similarly, the share price of most hydropower companies has fallen sharply. National Hydropower Company, Hydro Electricity and Development Company, Khanikhola Hydropower, Divyashwori Hydropower, Synergy Power Development Company, National Hydro Developer, Kalika Power Company, Ankhukhola Hydropower Company, Joshi Hydropower Development.

Similarly, Universal Power Company, Union Hydropower, Shivshree Hydropower, Ruru Hydropower Project,

Shares of Panchakanyamai Hydropower, Himalayan Power Partner, Liberty Energy Company, Mountain Hydro Nepal, Himalayan Energy Development Company and United Modi Hydropower Company have seen a negative circuit.

Arun Valley Hydropower Development Company has the highest turnover. The company has a turnover of over Rs 750 million.