Month: May 2023
Prabhu Capital Limited and Century Capital Markets Join Forces for an Epic Financial Venture
Prabhu Capital Limited and Century Capital Markets have officially commenced their joint operation on Jestha 01, 2080, following a successful acquisition. The acquisition was approved by the Office of the Registrar and regulatory bodies, as confirmed through a letter issued on Baisakh 26, 2080. The two companies will now conduct their business together under the […]
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Mai Khola Hydropower Limited Lists 39,21,568 Units of IPO Shares on NEPSE
Mai Khola Hydropower Limited has successfully listed 39,21,568 units of IPO shares on the Nepal Stock Exchange (NEPSE). This figure includes shares held by the promoters, as well as shares issued to project-affected locals and the general public. The initial trading range for these shares is set between Rs. 111.67 and Rs. 335.01. If the […]
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Bonus Shares of Four Companies Listed in NEPSE
The NEPSE has listed a total of 26,37,583.15 unit bonus shares of Agricultural Development Bank Limited (ADBL), signaling a significant development for the bank. This comes after the bank’s 16th Annual General Meeting (AGM) held on 14th Chaitra, where a 13% dividend for the fiscal year 2078/79 was endorsed. The Board of Directors (BoD) meeting […]
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NEPSE Index Ends the Day with a 0.18% Loss
The NEPSE index closed today at 1,818.31, reflecting a decrease of 3.34 points or 0.18% from the previous trading day’s closing. Yesterday, the index experienced a more significant loss of 16.96 points. The trading day began with the index opening at 1,821.81. Throughout the day, it reached an intraday low of 1,807.53 and a high […]
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Jyoti Bikas Bank (JBBL) Distributes 3% Bonus Shares and Encourages Dematerialization
Jyoti Bikas Bank Limited (JBBL) has recently provided 3% bonus shares directly to the DEMAT accounts of its shareholders and has urged them to convert their physical shares into electronic form through dematerialization. The bank’s move aims to facilitate seamless share transactions and promote the modernization of shareholding processes. During the bank’s 15th Annual General […]
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Mahila Laghubitta Bittiya Sanstha Limited Reports Decline in Q3 Profits
Mahila Laghubitta Bittiya Sanstha Limited (MLBSL) has released its third-quarter report for the fiscal year 2079/2080, revealing a net profit of Rs. 5.24 crores. This marks a significant decline of 52.80% compared to the corresponding quarter of the previous fiscal year, which reported a net profit of Rs. 11.11 crores. MLBSL has witnessed a substantial […]
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Balephi Hydropower’s Challenging Q3: Net Losses, Administrative Expenses Surge, and Strategies for Financial Recovery
Balephi Hydropower Limited (BHL) has released its third-quarter report for the current fiscal year, revealing a significant net loss of Rs. 23.72 crores. In comparison, during the third quarter of the previous fiscal year 2078/79, the company had reported a net loss of Rs. 6.06 lakhs. During the third quarter of the current fiscal year, […]
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NIC Asia Bank Leads Trading Volume, NIBL Growth Fund Surges, and SALICO Faces Loss: Market Highlights
NIC Asia Bank Limited (NICA) had the highest trading volume of Rs. 3.04 crores and closed at a market price of Rs. 694.60 per share. The shares of PRVU had the highest trading activity. NIBL Growth Fund (NIBLGF) experienced the highest gain of 9.88% during the day. On the other hand, Sagarmatha Lumbini Insurance Co. […]
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NEPSE Index Records Weekly Loss
The NEPSE Index, the stock market index of Nepal, concluded the week at a level of 1,838.59, representing a loss of 31.14 points or 1.67%. This decrease follows a similar 1.67% decline from the previous week when the index closed at 1,869.73. Throughout the week, the index displayed volatility, with a high of 1,872.22 and […]
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Modi Energy Limited IPO Allotment Concludes: Lottery Results Announced
The IPO allotment of Modi Energy Limited has been successfully completed at the premises of Sunrise Capital Limited in Kathmandu. The company had issued 55,59,420 units worth Rs. 55.59 crores as Initial Public Offering (IPO) to the general public from Baisakh 19 to 24, 2080. Prior to the IPO, the company had allocated 29,00,000 unit […]
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