Day: May 17, 2023
NEPSE Index Gains 1.28% as SHIVAM CEMENTS LTD Tops Trading, Aatmanirbhar Laghubitta Bittiya Sanstha Limited Hits Positive Circuit
The NEPSE (Nepal Stock Exchange) index concluded today’s trading session at 1,845.01, showing a gain of 23.39 points compared to the previous closing, representing a 1.28% increase. The index had also experienced a gain of 3.29 points in the preceding trading session. Starting the day at 1,821.54, the index reached an intraday low of 1,821.02 […]
Read MoreRawa Energy Development Limited Successfully Allots IPO Shares to Project-Affected Locals in Khotang District
Rawa Energy Development Limited has successfully completed the allotment of IPO (Initial Public Offering) shares to project-affected locals of the Khotang District. The allotment program concluded on 1st Jestha, 2080. The company’s total issued capital is Rs. 28 Crores, out of which 10%, equivalent to 2,80,000 unit shares worth Rs. 2.8 crores, were specifically allocated […]
Read MorePrime Commercial Bank Limited (PCBL) Initiates Auction of 351,817 Units of Promoter Shares to General Public
Prime Commercial Bank Limited (PCBL) has announced the commencement of an auction where the existing promoters of the bank will be selling 351,817 units of promoter shares to the general public. The auction will take place from 3rd Jestha to 17th Jestha, 2080. The auction is open to individual investors, companies, and institutions who are […]
Read MoreGold Prices in Nepal Witness Decline, with Fine Gold and Tejabi Gold Experiencing Decreases of Rs. 1100 and Rs. 1050 per Tola respectively
Today, the price of fine gold in Nepal has experienced a decline of Rs. 1100 per tola, while tejabi gold has fallen by Rs. 1050 from yesterday’s price. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently being traded at Rs. 110,000 per tola, compared to yesterday’s […]
Read MoreInfinity Laghubitta Bittiya Sanstha Limited Reports Decreased Net Profit in Q3, with Decline in Core Revenue and Operating Profit
Infinity Laghubitta Bittiya Sanstha Limited (ILBS) has released its third-quarter report for the current fiscal year, showing a decreased net profit of Rs. 1.38 crores. In the corresponding quarter of the previous fiscal year, the company had recorded a profit of Rs. 11.83 crores. The microfinance company’s net interest income, which is its core revenue, […]
Read MoreNEPSE Lists Bonus Shares of Nepal Bank Limited (NBL) and Forward Microfinance Laghubitta Bittiya Sanstha Limited (FOWAD)
NEPSE has recently listed 28,81,180.9663 unit bonus shares of Nepal Bank Limited (NBL). This follows the bank’s 63rd Annual General Meeting held on Poush 29, where a 12% dividend was approved for the fiscal year 2078/79. During a board of directors meeting on Poush 01, it was decided to distribute the dividend on the paid-up […]
Read Morerabhu Life Insurance Limited Revises Dividend Proposal for FY 2077/78 in Response to Regulatory Requirement
Prabhu Life Insurance Limited (PLI) has made changes to its dividend proposal for the fiscal year 2077/78. Initially, they had planned to distribute a dividend of 10.526%, consisting of 10% bonus shares and 0.526% cash dividend from their paid-up capital of Rs. 2 Arba. However, the Nepal Insurance Authority required the company to revise its […]
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