SEBON urges investors to be prudent while making investment decisions; commits to investigate about ongoing malpractices of share cornering

Securities Exchange Board of Nepal (SEBON) has issued a notice in public interest urging the investors to become mindful while investing in the different scrips that are supposedly over-valued in the current market.

The board has urged the investors to be cognizant about the different indicators of the company such as EPS, Net worth, PE ratio, book value, and so on before investing in a certain scrip rather than just simply jumping into the company about which they have a little or no knowledge and simply due to the market rumor/manipulation.

The board also informed that it has taken the issue of share cornering seriously and informed the investment fraternity that it is currently undertaking a serious investigation of all the possible cases of share cornering whose findings would be published within some time, as per the media statement.