Kathmandu. Solu Hydropower has become the largest capitalized company in the hydropower sector within 9 trading days of its listing in NEPSE. Presently, the capital of the company stands at Rs 70.71 billion. The company has listed 100 million units of shares in the secondary market. Out of 100 crore units, 20% i.e. 20 crore units have been issued by the general public and 80% of the total offered shares have been issued by the promoter shareholders.
The share price of the company which has been continuously increasing since the beginning of trading in NEPSE has now reached Rs 707.10. Upper Tamakoshi Hydropower has the second largest share of hydropower sector in the country. Upper Tamakoshi Hydropower has the highest paid-up capital of Rs 49.54 billion, followed by Chilime Hydropower Limited with Rs 48.42 billion. Similarly, Sahas Energy Limited is in the fourth position with a paid-up capital of Rs 290.9 crore and Butwal Power Company is in fifth position with a capital of Rs 25.57 crore.
With the fluctuation in the share price of the listed companies, their total market value i.e. market capitalization changes, and this change directly affects the NEPSE index. When the share price of large capitalized companies rises or falls, they have a greater impact on the NEPSE index due to their higher market capitalization. Small-capitalized companies have a relatively small impact on price changes.
