Kathmandu. With the decision of the Council of Ministers, the share price of Nepal Reinsurance Company Limited has hit the positive circuit on Wednesday.

The cabinet meeting held on Tuesday had decided to approve the investment of additional right shares in Nepal Reinsurance Company on behalf of the Government of Nepal. After this decision, the share price of the company increased by 15 percent on Wednesday as the attraction of investors towards the shares increased.

The company’s share price rose by Rs 120.20 to Rs 921.70 per share on Wednesday.