Stock price of Sagarmatha insurance & Kamana sewa bikas bank is adjusted for Bonus share

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price adjustment

Nepal stock exchange (Nepse) has adjusted stock price of Sagarmath Insurance Limited for 86% Bonus share.

The Adjusted Price is Rs. 681.72 for 86% bonus share. Its Average base price is Rs.1015.86.

Adjustment formula = Price before book close / 1 + Bonus %

Bonus share will be distributed to shareholders after the approval from annual general meeting.

Nepse adjusts stock price of Kamana Sewa Bikas Bank for 1.50% bonus shares.

The adjusted price is Rs.162.56 for 1.50% bonus share and its average base price is Rs.169.28.