Api Power hits circuit within 3 mins of opening, 52,000+ buyer at circuit price
Mon, Mar 14, 2016 12:27 PM on Latest, Stock Market,
The shares of Api Power Company limited (API) hits circuit within 3 minutes of opening at Nepal Stock Exchange Limited due to announcement of 1:2 right share .The share price of API increased by Rs 821 (9.91%). API closed at Rs 747 per unit on Sunday March 13, 2016.
Api Power Company will be convening its Special General Meeting (SGM) on 27 Chaitra , 2072 . The SGM will endorse 1:2 (200%) right share .
After issuing right share, the paid up capital of the company will reach to 3 arba. API earned a net profit of Rs 84 lakh in the second quarter of the Fiscal Year 2072/73.
Api Power Company will be convening its Special General Meeting (SGM) on 27 Chaitra , 2072 . The SGM will endorse 1:2 (200%) right share .
After issuing right share, the paid up capital of the company will reach to 3 arba. API earned a net profit of Rs 84 lakh in the second quarter of the Fiscal Year 2072/73.
