Month: August 2023
“Gold Price Drops Rs. 600 per Tola on Wednesday”
Today, the price of fine gold (per tola) has dropped by Rs. 600 compared to Tuesday’s trading price. According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current trading rate for fine gold is Rs. 1,12,400 per tola, down from the previous rate of Rs. 1,13,000 per tola.
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“NEPSE Climbs 9.25 Points to Close at 2086.84 Amid Volatile Trading; Market Cap at Rs. 30.67 Kharba.”
On Wednesday, the Nepal Stock Index (NEPSE) recorded a gain of 9.25 points, representing a 0.44 percent increase from the previous day’s closing. The trading session saw the index starting at 2,077.58 and reaching an intraday high of 2,086.84. However, it experienced fluctuations during the day, touching an intraday low of 2,062.00 before eventually […]
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“Synergy Power Development (SPDL) Announces 1:0.5 Right Shares from Shrawan 25”
Synergy Power Development Limited (SPDL) has announced the issuance of its right shares through a public offer letter. The company will be offering existing shareholders the opportunity to apply for additional shares in the ratio of 2:1 (or, 1:0.5). This means for every two shares held, shareholders can apply for one additional share. The application […]
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“Sonapur Minerals Granted IPO Permission”
Sonapur Minerals and Oil Limited has received approval from Nepal’s Securities Board (SEBON) to conduct its Initial Public Offering (IPO) on Shrawan 17. They will issue 1,23,200 unit shares at a premium price. The shares will be offered at Rs 225 per share to locals and employees, and at Rs 237.58 per share to the […]
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NEPSE in 2079-80: Highlights of the Good and Bad
The stock market plays a vital role in a country’s economy. It helps companies raise money for growth and job creation while offering investment opportunities for people and institutions. The market’s liquidity allows easy buying and selling of shares, indicating economic health and attracting investments. Proper regulation ensures transparency, good governance, and stability, supporting […]
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“Himalayan Laghubitta’s Q4 Sees Shrunken Operating Profit and Net Profit Due to Core Business Revenue Decline.”
In the last quarter of fiscal year 2079-80, the company witnessed a significant decline in both Net Operating Profit (core revenue) and Operating Profit, dropping by 24.52 percent and 79.04 percent, respectively. The core revenue shrank by nearly a quarter, reaching Rs. 20.23 crores. Additionally, the company faced Rs. 1.32 crore in impairment charges, impacting […]
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“BoK Capital Market Allots IPO of Manakamana Engineering Hydropower on Shrawan 16 to Project-Affected and Migrant Nepalese.”
BoK Capital Market will allocate the Initial Public Offering (IPO) of Manakamana Engineering Hydropower on Shrawan 16, 2080. The company offered 8 lakh unit shares to project-affected locals and 2 lakh unit shares to migrant Nepalese workers, as stated in the media release.
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“NEPSE Plunges 28.59 Points, Closes at 2077.58; Market Cap at Rs. 3.05 Trillion”
On Tuesday, the Nepal Stock Index (NEPSE) experienced a decline, losing 28.59 points or 1.35 percent compared to the previous day’s closing. The trading session started with an opening value of 2,106.18 and reached its highest point of 2,124.32. However, it faced downward momentum and hit a low of 2,070.33 before finally closing at […]
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