What is an opening price range of Swet Ganga Hydro?
The opening price range of Swet Ganga Hydropower is between Rs. 89.88 to Rs. 269.64. This price range is determined as per the audited financial report of the fiscal year 2077/78. You can check the official financial report below. According to the report, the primary financial ratios stand at:
- Earnings per share: – 4.92
- Net worth per share: 89.88
- Reserves: (-Rs. 71, 107)
What is a special pre-open session?
A special pre-open session is a trading time of a newly listed company. When a new company gets listed in NEPSE for the first time, its share is traded in the special pre-open session for the first time. After trading in the pre-open session, its share starts to trade in the continuous session which is 11 AM – 3 PM.
What is the Opening Price Range?
The opening price range is the range of price of a company for first trading after being listed in NEPSE. It is determined by the NEPSE according to the net worth per share of the company. The net worth per share is taken from the audited report of the company from the latest fiscal year.
How opening price range is determined?
Nepal stock exchange (NEPSE) determines the opening price range of a new company based on the company’s book value (net worth per share). The net worth is taken from the audited financial report of the company issued during the IPO issuance. For example, if the book value of the company’s latest audited report is 100 then the opening price range will be 100 – 300. The minimum price should be the same as the book value and the maximum price will be book value x 3.
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