What is the Opening Price Range of IME Life Insurance Company (IMELICL)
The opening price range of IME Insurance Company is from Rs. 176.53 to Rs. Rs. 529.59. This price range is determined on the basis of audited financial report of 2078/79. The net worth per share of the IME Life Insurance Company Limited as per the above mentioned fiscal year is Rs. 176.53. So, Nepal Stock Exchange will determine the opening price range based on the net worth per share of the audited financial report.
What is the EPS of IME Life Insurance Company (IMELICL)?
The earnings per share (EPS) of IME Life Insurance Company is 23.24. This is based on the audited report of the financial year 2078/79.
Financial Ratios of IME Life Insurance Company
Following are the latest ratios of the IME Life Insurance Company limited.
How is the opening price range determined?
Nepal stock exchange (NEPSE) determines a new company’s opening price range based on the company’s book value (net worth per share). The net worth is taken from the company’s audited financial report issued during the IPO issuance. For example, if the book value of the company’s latest audited report is 100 then the opening price range will be 100 – 300. The minimum price should be the same as the book.
What is a special pre-open session?
A special pre-open session is a trading time for newly listed stock. When a new company gets listed in NEPSE for the first time, its share is traded in the special pre-open session for the first time. After trading in the pre-open session, its share starts to change in the continuous session which is 11 AM – 3 PM.
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