Day: January 23, 2024

  • Any one here who works in a bank capital?

    Any one here who works in a bank capital?


    I want to join into bank capitals to learn overall investing but idk what do they do there completely.


    View on r/NepalStock by Initial_Tackle_8636


  • Backtesting MACD strategy in Nepse

    Backtesting MACD strategy in Nepse


    Backtesting MACD strategy in Nepse


    View on r/NepalStock by ShreShreShreShreShre


  • Insights on floorsheet of Nepse during trading hour

    Insights on floorsheet of Nepse during trading hour


    Does anyone here have insights on why broker related information was removed during trading hour? Pahila pahila aauthyo re ta realtime ma kasle buy/sell garyo bhanera.


    View on r/NepalStock by Want2PaakU


  • Broker lai police case garna milxa ki mildaina?

    Broker lai police case garna milxa ki mildaina?


    We are imposed 20% penalty if we are late for EDIS and these brokers get away for delay of payment which can be more than a week? I sold some shares on wednesday and I have yet to receive my payment of around 1,17,000. Call garyo uthaudaina, viber ma message garyo reply aaudaina ra mail gare pani thenga. Police lai complain garna mile gardim jasto bhairaxa.

    Edit: Imperial Securities(tms 45)


    View on r/NepalStock by Chemical-Talk-2839


  • Daily Discussion Thread (Tuesday – Jan 23, 2024)

    Daily Discussion Thread (Tuesday – Jan 23, 2024)


    Use this post to discuss what to buy/sell/trade/avoid/watch today and in the coming days.

    As always, the rules still apply.

    **Have a TMS or Meroshare issue? Query about EDIS or collateral? Ask here instead of creating another thread. All queries regarding TMS, MeroShare, Broker issues, EDIS, Settlement and Payments should be asked here.** >!DO NOT create another post.!<

    BEGINNER? [**Go here first!**](https://www.reddit.com/r/NepalStock/wiki/beginners-guide)

    DO NOT MAKE SEPARATE **INDIVIDUAL** POSTS ASKING:

    * what to buy or sell,
    * or what bank to buy,
    * or what insurance to buy,
    * yo share kati samma mathi jancha hola
    * IPO ma pareko yo share kun din bechda ramro hola, ajhai 1-2 din parkhine ki nai etc.

    will be deleted. Repeat violators will be banned.

    Happy Investing!


    View on r/NepalStock by AutoModerator


  • Prabhu Bank (PRVU) Decides Against Dividend Distribution for FY 2079/80

    Prabhu Bank (PRVU) Decides Against Dividend Distribution for FY 2079/80


    Prabhu Bank Limited (PRVU) has declared that it will not be issuing any dividends for the Fiscal Year 2079/80. The decision was reached during the Board Meeting held on Magh 08, 2080. It is important to note that the distribution of dividends is contingent upon the approval of the financial statements by Nepal Rastra Bank and the subsequent Annual General Meeting of the company.

    As of the latest available information, PRVU closed at Rs. 159.90 yesterday. The decision to forgo dividends suggests a strategic choice by the bank, and investors will await further details during the Annual General Meeting for a comprehensive understanding of the financial position and considerations behind this decision.

  • Kutheli Bukhari Small Hydropower (KBSH) Ends Lock-In: 6,093 Mutual Fund Shares Unlocked

    Kutheli Bukhari Small Hydropower (KBSH) Ends Lock-In: 6,093 Mutual Fund Shares Unlocked


    Kutheli Bukhari Small Hydropower Limited (KBSH) has notified its investors and stakeholders about the recent expiration of the lock-in period for 6,093 unit shares held by Mutual Funds. This lock-in period, as per the directives from the Securities Board of Nepal (SEBON), had commenced on Kartik 20, 2080, and concluded on Magh 6, 2080.

    Among the 1,218,675 units of shares listed by KBSH on the Nepal Stock Exchange (NEPSE), 5 percent, equivalent to 6,093 units, had been exclusively reserved for Mutual Funds. It is noteworthy that a portion of these shares, precisely 6,093 units, had been subjected to the lock-in period in accordance with SEBON’s directives issued on Kartik 20. Investors and stakeholders are now informed that the lock-in period for these 6,093 unit shares has officially concluded as of the 6th of Magh.

    The official notice further specifies that, following the conclusion of the lock-in period, the shares held by the Board of Directors and employees in higher management positions will not be tradable. This aligns with the regulations set forth by SEBON regarding the tradability of shares held by specific entities after the expiration of the lock-in period.

  • Ghalemdi Hydro Limited Initiates Auction of Unclaimed Right Shares for Public Offering

    Ghalemdi Hydro Limited Initiates Auction of Unclaimed Right Shares for Public Offering


    Ghalemdi Hydro Limited (GHL) has initiated the auction of its unclaimed right share portion starting today, 9th Magh, and concluding on 23rd Magh, 2080. The company is auctioning 32,17,724 units of ordinary right shares, representing the unclaimed segment from its previous 1:2 ratio right share issue, conducted from 10th Mangsir to 16th Poush, 2080. Only 77,82,276 units (70.75%) of the total right shares were allotted to eligible shareholders, leaving 29.25% unclaimed, and these unsold shares are now available for the general public.

    Both individuals and institutions have the eligibility to participate in the auction, managed by Muktinath Capital Limited. The minimum bid rate is set at Rs. 100, with a bid quantity of at least 100 units. While bidders can bid for the entire issue, adherence to regulatory rules restricting the quantity of shares per entity is mandatory.

    GHL’s current paid-up capital is Rs. 55 Crores, and after the adjustment of the proposed right share of 1.10 crore units, the company’s paid-up capital will increase to Rs. 1.65 Arba. Despite posting a net loss of Rs 3.13 crore, the company’s earnings per share stands at Rs. 5.70, and its net worth is Rs. 70.921, according to the first quarterly report for the fiscal year 2080/81.

    As of the latest available information, GHL’s Last Traded Price (LTP) is Rs. 189.00.

  • NIMB Ace, Mount Everest Power: 2.58M shares (30%) for 12MW Dudhkunda Khola Project

    NIMB Ace, Mount Everest Power: 2.58M shares (30%) for 12MW Dudhkunda Khola Project


    NIMB Ace Capital Limited and Mount Everest Power Development Limited have entered into an agreement for the issuance of 2,580,000 ordinary shares. These shares will be made available to local residents in areas affected by the project and the general public, constituting 30 percent of the total issued capital. The signing ceremony included Mr. Arjun Prasad Poudel, the Chairman of Mount Everest Power Development Limited, and Sachindra Dhungana, the General Manager of NIMB Ace Capital Limited.

    The focus of Mount Everest Power Development Limited is on the ongoing construction of the Dudhkunda Khola Hydroelectricity Project, boasting a 12 Mega Watt capacity. This project utilizes water from the Dudhkunda River and is situated in the Solukhumbu district. Remarkably, more than 80 percent of the construction work for this hydroelectric project has already been completed.

    Under the terms of the agreement, NIMB Ace Capital Limited will provide Securities Issuance and Sales Manager services. This role involves overseeing all operations related to the public issue and management of ordinary shares for Mount Everest Power Development Limited. The collaboration aims to facilitate the allocation of shares to local residents and the broader public, contributing to the development and progress of the Dudhkunda Khola Hydroelectricity Project.

  • Nepal Stock Exchange: Small Dip, Some Gains, and Sector Highlights

    Nepal Stock Exchange: Small Dip, Some Gains, and Sector Highlights


    The Nepal Stock Exchange (NEPSE) Index concluded with a marginal loss of 0.40 points or 0.01% compared to the previous day, settling at 2,098.29 points. In the preceding trading session, the index had faced a more substantial loss of 31.49 points. The day commenced with the index opening at 2,096.99 and fluctuated throughout, hitting an intraday low of 2,087.22 and reaching a peak at 2,112.15.

    During today’s trading activities, 310 different stocks were traded in a total of 117,566 transactions. The volume of shares exchanged amounted to 11,801,360, with a total turnover of Rs. 4.29 Arba. The market capitalization was recorded at Rs. 32.95 Kharba, while the float market capitalization stood at Rs. 11.36 Kharba.

    Himalayan Reinsurance Limited (HRL) led in turnover, achieving Rs. 55.09 crore and concluding the day with a market price of Rs. 659. Meanwhile, Chandragiri Hills Limited (CGH) experienced the highest gain of 10%, followed closely by Nepal Lube Oil Limited (NLO) with a gain of 9.99%. On the other hand, Mid Solu Hydropower Limited (MSHL) faced the most significant loss of 6.20%.

    In terms of sector indices, six sectors closed positively today. The “Hotel & Tourism Index” stood out with the highest gain of 4.74%, while the “Trading Index” witnessed a loss of 0.86%.