Trading of Nepal Community Dev Bank resumes; price adjusted to Rs 280
Thu, Jul 6, 2017 11:30 AM on Latest, Featured, Stock Market,
Trading of Nepal Community Development Bank Limited (NCDB) has been resumed in Nepal Stock Exchange today after its acquisition by Shangrila Development Bank was cancelled.
Its price has also been adjusted to Rs 280, accounting for 5.15% bonus share issued from the profits it earned in FY 2072/73. It has earned net profit of Rs 2.39 crore in the third quarter of the FY 2073/74. NCDB has announced further 120% right share.
