Month: August 2023
“Global IME Bank Records Impressive Q4 FY 79-80: Core Business Growth Drives Rs. 7.25 Arba Net Profit”
Global IME Bank Limited (GBIME) has released its fourth quarter report for the fiscal year 2079-80, revealing a significant rise in Net Profit to Rs. 7.25 Arba, marking a 46.26 percent increase from the previous year’s Rs. 4.95 Arba during the same period. The bank has seen notable growth in both Net Interest Income […]
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Chirkhwa Hydropower Issuing IPO Shares to Locals of Bhojpur District and Nepalese Employed Abroad from Shrawan 28
Chirkhwa Hydropower Limited has released an offer letter for an Initial Public Offering (IPO) available to locals affected by the project in Bhojpur District and Nepalese citizens working abroad. The IPO will be open from the 28th of Shrawan to the 10th of Bhadra, 2080. If the locals in Bhojpur District don’t fully subscribe […]
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“Nesdo Sambridha Laghubitta Proposes 15% Cash Dividend for FY 2078/79”
Nesdo Sambridha Laghubitta Bittiya Sanstha Limited (NESDO) has suggested a 15% cash dividend for the fiscal year 2078/79. In their 78th meeting on Chaita 10, 2079, the company proposed a dividend of 73.6842%, combining bonus and cash dividends (including tax), using the accumulated profit from the previous financial year. However, Nepal Rastra Bank later […]
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“NEPSE Index Drops 38.37 Points, Rs. 56 Billion Investment Erased in a Day”
In today’s trading, the Nepal Stock Exchange (NEPSE) Index closed at 2,051.47 points, showing a loss of 38.37 points or 1.83% from the previous day’s close. The session started at 2,095.43 and reached a high of 2,101.90, but later dipped to a low of 2,041.69 before ending at 2,051.47.
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“NEPSE Grants Membership to Three Banks for Third Phase Operations”
Today, the Nepal Stock Exchange (NEPSE) has approved three additional companies to become eligible securities firms, allowing them to conduct operations in the securities market. In the latest phase, Nabil Securities Ltd, Machhapuchhre Securities Ltd, and Mega Stock Markets Limited have been granted brokerage licenses.
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“NEPSE Lists Shares of Merged Asha, Vijaya, and Sana Kisan Bikas Laghubitta After Successful Acquisition.”
Asha Laghubitta Bittiya Sanstha Limited (ALBSL) has successfully acquired Rastra Utthan Laghubitta Bittiya Sanstha Limited (RULB) and listed an additional 2,600,000 shares on the Nepal Stock Exchange (NEPSE). This acquisition was based on a 1:1 swap ratio, and the companies finalized the deal with a Memorandum of Understanding (MoU) on March 29, 2079. Before the […]
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“Sanima Bank Q4 FY 2079-80 Report: Net Profits Surge 25%, Distributable Profit per Share Soars to Rs. 17.73”
Sanima Bank Limited (SANIMA) has released its fourth-quarter report for the fiscal year 2079-80, showcasing an impressive 25 percent rise in Net Profits. By the end of FY 2079-80, the bank achieved a significant milestone, earning Rs. 2.61 Arba, a substantial increase compared to the Rs. 1.24 Arba earned in the same quarter of […]
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“Manakamana Engineering Hydropower to Offer 22,76,620 IPO Shares to the General Public Starting Shrawan 28”
Manakamana Engineering Hydropower Limited is set to release 2,276,620 IPO shares with a face value of Rs 100 each, starting from the 28th of Shrawan, 2080. The initial closing date for the IPO is on the 31st of Shrawan, and if the shares aren’t fully subscribed by then, the deadline could be extended until […]
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“Siddhartha Bank’s Q4 Sees Strong Net Profit Growth, Doubled Impairment Allocation”
Siddhartha Bank Limited (SBL) has released its fourth-quarter report for the fiscal year 2079-80, revealing a steady growth in its Net Profits, increasing by nearly 10 percent. In the last quarter of FY 2079-80, the bank’s profits reached Rs. 3.19 billion, a rise from the previous year’s Rs. 2.90 billion in the same period. The […]
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“Promoter Shares of Kumari Bank & Shine Resunga Bank in Auction Today”
Kumari Bank Limited’s current owners are selling 757,699 units of their shares through an auction, starting from the 19th of Shrawan to the 1st of Bhadra, 2080. Anyone who qualifies can participate, including the general public and institutions. The minimum bid price is Rs. 105 per share, and the smallest bid amount is 1000 […]
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