Day: April 30, 2024
Vishal Group Limited to Auction Promoter Shares of Nepal Reinsurance Company Limited
Vishal Group Limited has initiated the auction of 11,00,000 units of promoter shares of Nepal Reinsurance Company Limited (NRIC). This auction, which commenced on 18th Baisakh, will continue until 26th Baisakh, 2081. Interested promoter shareholders and institutions have the opportunity to participate in this auction, with a minimum bid rate set at Rs. 280 per […]
Read MoreHimalayan Laghubitta Bittiya Sanstha Q3 Report: Impressive Surge in Net Profit
Himalayan Laghubitta Bittiya Sanstha Limited (HLBSL) has unveiled its third-quarter financial report for the fiscal year 2080/2081, showcasing an impressive 73.87% surge in net profit, despite challenges in the economic landscape. The company’s net profit surged to Rs. 1.13 crore, marking a substantial increase from Rs. 65.55 lakhs reported in the corresponding quarter of the […]
Read MoreNEPSE Index Rises by 1.30%: Market Update
The Nepal Stock Exchange (NEPSE) Index witnessed a notable gain of 1.30%, equivalent to 25.93 points, settling at 2,006.28 points at the close of trading today. This increase follows a marginal gain of 0.07 points in the previous session, reflecting positive momentum in the stock market. Starting the trading day at 1,991.51 points, the NEPSE […]
Read MoreLICN Announces No Dividend Distribution for FY 2079/80
Life Insurance Corporation Nepal Limited (LICN) has announced that it will not be distributing any dividends for the Fiscal Year 2079/80. This decision was made during the 132nd Board Meeting held on Baishakh 17, 2081. In a recent corporate development, LICN revealed that the company’s board of directors has decided against distributing dividends for the […]
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