NEPSE Adjusts Share Prices of Asian Life and Prabhu Mahalaxmi Life Insurance
Kathmandu — The Nepal Stock Exchange (NEPSE) has adjusted the share prices of Asian Life Insurance and Prabhu Mahalaxmi Life Insurance following their respective corporate actions.
On Wednesday, NEPSE made a 42 percent right share adjustment for Asian Life Insurance and an 8 percent bonus share adjustment for Prabhu Mahalaxmi Life Insurance.
Following the adjustment, the share price of Asian Life Insurance has been recalculated at Rs 520.03, down from its previous rate of Rs 696.44 per share.
Meanwhile, Prabhu Mahalaxmi Life Insurance’s share price has been revised to Rs 512.58 per share from the earlier Rs 553.59, after accounting for the 8 percent bonus shares.