Month: May 2023

SAHAS Urja Limited Reports Reduced Net Profit in Q3 1
Business | Market | Economy

SAHAS Urja Limited Reports Reduced Net Profit in Q3

Sahas Urja Limited (SAHAS) has released its revised third-quarter report for the fiscal year 2079/80. The company’s net profit for this quarter has decreased to Rs. 26.51 crores compared to Rs. 58.13 crores in the same quarter of the previous fiscal year. SAHAS has generated revenue of Rs. 21.80 crores from the sale of electricity. […]

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Aviyan Laghubitta Bittiya Sanstha Limited (AVYAN) Reports Net Loss in Third-Quarter Results, Highlighting Financial Challenges 3
Business | Market | Economy

Aviyan Laghubitta Bittiya Sanstha Limited (AVYAN) Reports Net Loss in Third-Quarter Results, Highlighting Financial Challenges

Aviyan Laghubitta Bittiya Sanstha Limited (AVYAN) has recently released its third-quarter report, revealing a significant shift from profit to a Net Loss of Rs. 1.21 crores compared to the profit of Rs. 1.02 crores earned in the corresponding quarter of the previous fiscal year. The company’s core revenue source, Net Interest income, experienced a decline […]

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Salt Trading Corporation Limited (STC) Reports Nearly Doubled Net Profit in Third-Quarter Results, Showing Strong Financial Performance 5
Business | Market | Economy

Salt Trading Corporation Limited (STC) Reports Nearly Doubled Net Profit in Third-Quarter Results, Showing Strong Financial Performance

Salt Trading Corporation Limited (STC) has recently published its third-quarter report for the ongoing fiscal year, revealing a nearly twofold increase in Net Profit, amounting to Rs. 3.71 crores. The company’s primary revenue source, sales, demonstrated a noteworthy growth of 17.44%, reaching Rs. 5.77 Arba. However, the selling expenses experienced a more significant surge of […]

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Salt Trading Corporation Limited (STC) Reports Nearly Doubled Net Profit in Third-Quarter Results 7
Business | Market | Economy

Salt Trading Corporation Limited (STC) Reports Nearly Doubled Net Profit in Third-Quarter Results

Swabhimaan Laghubitta Bittiya Sanstha Limited (SMFBS) has recently distributed 20% bonus shares directly to the DEMAT accounts of its shareholders. The company encouraged its shareholders to dematerialize their shares in order to receive the bonus shares smoothly. During the 6th Annual General Meeting held on the 11th of Chaitra, the shareholders of SMFBS approved a […]

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Gold Price in Nepal Declines by Rs. 300 per Tola on Thursday 9
Gold | Silver | Forex

Gold Price in Nepal Declines by Rs. 300 per Tola on Thursday

On Thursday, the price of gold experienced a decrease of Rs. 300, according to the Federation of Nepal Gold and Silver Dealers’ Association. Fine gold is currently being traded at Rs. 1,09,700, marking a decrease from its previous price. Similarly, tejabi gold is now priced at Rs. 1,09,200 per tola on Thursday, down from Rs. […]

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NEPSE Index Gains 32.30 Points, Closes at 1,877.32 with 1.75% Increase 11
NEPSE NEWS

NEPSE Index Gains 32.30 Points, Closes at 1,877.32 with 1.75% Increase

The Nepal Stock Exchange (NEPSE) index concluded the trading day at 1,877.32, displaying a gain of 32.30 points compared to the previous closing, representing a growth of 1.75%. Yesterday, the index had increased by 23.39 points. The trading day commenced with an opening value of 1,846.69. Throughout the day, the index fluctuated, reaching a low […]

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Listing of 41,840,000 Shares of Sanima Reliance Life Insurance Limited (SRLI) on NEPSE 13
NEPSE NEWS

Listing of 41,840,000 Shares of Sanima Reliance Life Insurance Limited (SRLI) on NEPSE

Sanima Reliance Life Insurance Limited (SRLI) has recently listed 41,840,000 shares on the Nepal Stock Exchange (NEPSE) following a successful merger between Reliance Life Insurance Limited (RLI) and Sanima Life Insurance Company Limited (SLI). The merger agreement between SLI and RLI was signed on 29th Ashad, 2079. Under the terms of the merger, the swap […]

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Listing of 11,15,733.6648 Unit Bonus Shares of Miteri Development Bank Limited on NEPSE 15
NEPSE NEWS

Listing of 11,15,733.6648 Unit Bonus Shares of Miteri Development Bank Limited on NEPSE

Miteri Development Bank Limited (MDB) has recently listed 11,15,733.6648 unit bonus shares on the Nepal Stock Exchange (NEPSE). This listing comes after the company’s 17th Annual General Meeting held on 27th Poush, where the shareholders approved a 13% dividend for the fiscal year 2078/79. During the 224th board of directors meeting on Mangsir 19, 2079, […]

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NEPSE Index Gains 1.28% as SHIVAM CEMENTS LTD Tops Trading, Aatmanirbhar Laghubitta Bittiya Sanstha Limited Hits Positive Circuit 17
NEPSE NEWS

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 […]

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Rawa Energy Development Limited Successfully Allots IPO Shares to Project-Affected Locals in Khotang District 19
IPO | FPO

Rawa 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 […]

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