chito

Upper Tamakoshi Hydropower

Upper Tamakoshi Hydropower closed unchanged at Rs 193.0 today, matching yesterday's price with no change. There was no specific news related to the company, so the stock likely moved in line with the broader market or sector sentiment without any distinct catalyst.

Sector: Hydropower

Summary

Upper Tamakoshi Hydropower (UPPER) remained stable today, closing unchanged at Rs 193.0. The stock continues to hold steady amid ongoing regional infrastructure developments and stable operational outlook, despite no new company-specific news.

Recent moves

Unchanged 0.00% to Rs 193.0 — no specific news

Unchanged 0.00% to Rs 193.0 — no specific news

Gained 0.10% to Rs 193.2 — no specific news

Gained 0.26% to Rs 192.5 — no specific news, supported by improved local access

Gained 0.79% to Rs 191.5 — no specific news, modest recovery amid stable operations

Dropped 1.36% to Rs 189.1 — no specific news, sector flood impacts continue

Dropped 0.73% to Rs 191.0 — no specific news, sector headwinds from flood impacts

Gained 1.27% to Rs 191.4 — sector optimism after export approvals renewed

Gained 0.05% to Rs 189.0 — no specific news

Gained 0.53% to Rs 188.9 — no specific news

Dropped 1.11% to Rs 187.8 — no specific news

Dropped 0.58% to Rs 189.9 — no specific news

Dropped 0.47% to Rs 189.1 — no specific news

Dropped 0.42% to Rs 190.0 — no specific news

Dropped 0.75% to Rs 197.7 — no specific news

Dropped 0.75% to Rs 197.7 — no specific news

Dropped 0.75% to Rs 197.7 — no specific news

Dropped 0.75% to Rs 197.7 — no specific news

Dropped 0.75% to Rs 197.7 — no specific news

Dropped 0.75% to Rs 197.7 — no specific news

Gained 1.63% to Rs 193.0 — no specific news

Context

In September 2026, a governance dispute surfaced after a board meeting was called without elected directors representing public shareholders (who hold 49% equity, alongside NEA's 41%), resulting in the meeting failing due to lack of quorum. There have been no announcements of leadership changes, material transactions, or operational disruptions specific to Upper Tamakoshi itself. Broader regional news has highlighted flood impacts on multiple hydropower projects in mid-September 2026, but no direct damage or operational impact to Upper Tamakoshi has been reported in available articles.

Search and rescue operations continue at other hydropower sites like Chilime and Upper Trishuli projects, but these do not appear to affect Upper Tamakoshi directly.

Recent news on September 30 mentions the flood-swollen Marsyangdi river cutting off Upper Manang, a nearby region, but this has not been directly linked to Upper Tamakoshi's operations or stock performance.

The Upper Mustang community in New York has donated over $100,000 for flood relief in Nepal, but this humanitarian effort has not had any direct impact on Upper Tamakoshi's stock or operations.

On October 8, four Nepali hydropower projects renewed their export approvals to India, boosting sector sentiment. Although Upper Tamakoshi was not specifically named, this positive sector development likely contributed to the price gain that day.

Today’s modest gain follows no specific company news but may reflect improved local access after the reopening of the wooden crossing to Upper Manang, easing concerns about regional disruptions and supporting stable operations despite ongoing flood risks in the broader area.

Road construction has recently begun in Upper Dolpa, which may improve regional connectivity but has no direct reported impact on Upper Tamakoshi operations or stock.

No new company-specific developments were reported today. The Upper Karnali project is moving forward after funding delays, but this does not directly affect Upper Tamakoshi.

last market date
2026-10-20
last price
193
last price change pct
0
sector
Hydropower

Want to ask about this?

Chito answers across all eight Nepali outlets, in Nepali or English.

Ask in Nepali — the Chito appGet it