CGH rises despite the opening of the Lock-In Period

The price of CGH rises despite the opening of the lock-in period. The price of various companies is assumed to decrease after the opening of the lock-in period due to the supply of shares in the market, but the price of Chandragiri Hills hits a 10% positive circuit on 9th Magh.

The price of CGH was closed at Rs. 863 yesterday. The lock-in period of CGH of promoter, local, and employees was opened yesterday after three years of allotment of IPO to the public. The company had opened its first transaction in Rs. 161 when first listed in NEPSE and had hit a high of Rs. 2,650 during the bull cycle.