Month: August 2023
Last Day to Apply for IPO of Reliable Nepal Life Insurance; Oversubscribed 1.56 Times from 12.55 Lakh Applicants
Reliable Nepal Life Insurance Limited is wrapping up its offering of 96,00,000 unit shares to the public, which began on August 23, 2080, and is now concluding on August 26, 2080. This life insurance company has a total issued capital of Rs. 4 Arba, with 30% (1,20,00,000 unit shares) being made available to the […]
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“NEPSE Witnesses 10.45 Billion Rupees Loss in a Week: Technical Analysis, Sector Comparison, and Key Highlights”
Trend analysis is a technique used in technical analysis to forecast future movements by examining current trend data. Looking at the daily charts, we can see that the short-term trend is downward (bearish), while the medium-term trend is upward (bullish). This Wednesday, there was a significant increase in points, with the highest intraday gain […]
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“Kalika Laghubitta Q4 Report: 64% Net Profit Drop, Bad Loan at 4.13%”
Kalika Laghubitta Bittiya Sanstha Limited (KMCDB) has released its fourth-quarter report for the recently concluded financial year 2079-80. The report shows a significant drop of 64.01 percent in its Net profits compared to the same period in the previous fiscal year 2078-79. In specific numbers, the company earned only Rs. 4.62 crores, a notable […]
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“Nepal’s Gold Prices Drop: Market Update”
The Federation of Nepal Gold and Silver Dealers’ Association has announced a decline of Rs 700 per tola in the local gold price. This drop was observed on the same day while finalizing today’s price list. As of now, the value of fine gold remains steady at Rs. 111,300 per tola, while tejabi gold […]
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“Final Day for Eligibility: Upper Tamakoshi Hydropower 1:1 Rights Offering”
Today marks the final opportunity for eligibility in the rights offering of Upper Tamakoshi Hydropower Limited (UPPER). The company plans to distribute 100% right shares by releasing 105,900,000 (1:1) units of right shares to its current shareholders. Currently, the company’s paid-up capital stands at Rs. 10.59 Arba. With the implementation of the intended right share, […]
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“Shareholders Urged to Claim Due Dividend by Mahalaxmi Bikas Bank and Everest Bank”
Mahalaxmi Bikas Bank Limited (MLBL) has announced a notice for shareholders of former entities (Malika Bikas Bank Limited, Mahalaxmi Finance Limited, Yeti Finance Limited, Siddhartha Finance Limited, and Valley Finance Limited) regarding uncollected dividends from past general meetings. If you haven’t received your dividend yet, you need to get in touch with the bank’s […]
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“Ghorahi Cement, Three Star, and Upper Syange Hydropower IPO Shares Listed on NEPSE”
NEPSE has listed 39,719,006 units of IPO shares from Ghorahi Cement Industry Limited, which include shares held by promoters, those given to the public, and locals affected by the project. These shares have an initial price range of Rs. 226.61 to Rs. 679.83 for the first trade. If the company and NEPSE sign an […]
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“NEPSE Ends with Single-Gain at 2,066.05; Market Cap Reaches Rs 3.06 Trillion”
In today’s trading, the Nepal Stock Exchange (NEPSE) Index ended at 2,066.05 points, showing a slight increase of 5.13 points or 0.24% from yesterday’s close. Yesterday, the index had a notable rise of 41.06 points. The day started with the index at 2,058.96, hitting a low of 2,045.98 temporarily, and then reaching a peak […]
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“Suryodaya Womi Laghubitta (SWMF) Lists 15% Bonus Shares on NEPSE”
Suryodaya Womi Laghubitta Bittiya Sanstha Limited (SWMF) has recently made a significant move in the stock market. They’ve listed a substantial number of bonus shares, specifically 11,87,977.18 units, on the Nepal Stock Exchange (NEPSE). This comes after the company’s 11th Annual General Meeting, held on April 30th, where they decided to reward their shareholders […]
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“Nepal Telecom Reports 10 Lakh Rupees Recharge Card Loss, Issues Notice”
Nepal Telecom has announced that they have experienced a loss of around 10 lakh rupees due to missing recharge cards. These cards, valued at 50 rupees each, vanished while being transported from Kathmandu to Bhairahwa. The incident was revealed by Nepal Telecom’s Wireless Services Directorate located at Babarmahal.
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