Four different companies share price fell with the stock market on Monday; Chandragiri Hills fell the most

Kathmandu, April 19

The Nepse index has decreased by 37.58 points on Monday. Which has made the share prices of four companies to fall sharply.

The highest share price of Chandragiri Hills Limited has decreased by 9.80 percent compared to the previous trading day.

The share price of the company fell and has dropped to Rs. 2,173. The company on Monday published its third quarter financial statements. According to the financial report, the company has incurred a loss of Rs. 18 crore 11 lakh in the third quarter of the current fiscal year.

Compared to the third quarter of last year, the company’s losses have increased in the same period of the current fiscal year. The company had a net loss of Rs. 2 crore 18 lakh in previous year. The company’s share price has fallen sharply as there are more sellers than buyers.

Similarly, the share price of Saptakoshi Development Bank has decreased by 5.50 percent in the second trading day as compared to the previous trading day. The share price of the company has been maintained to Rs. 189. The company’s share price had risen sharply over the past three days. As the profit was booked by the investors the share price fell.

Similarly, the share price of IME General Insurance Company has declined by 3.95 percent and that of Reedy Hydropower Development Company by 3.52 percent.

The share price of IME General Insurance Company has decreased and has beeen maintained at Rs. 1,220 and the share price of Ridi Hydropower declined and has been maintained at Rs. 219. Shares of these two companies declined as there are more seller than buyers in the market.