Day: May 2, 2024
SHEL Right Shares Listed on NEPSE, Auction Managed by Muktinath Capital
Singati Hydro Energy Limited (SHEL) has achieved a significant milestone with the successful listing of 1,45,00,000 right shares on the Nepal Stock Exchange (NEPSE). This move comes after the company’s recent issuance of a 1:1 ratio right share, offering existing shareholders the opportunity to increase their stake in the company. During the issuance period from […]
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CYC Nepal Laghubitta Bittiya Sanstha Reports Impressive Q3 Financial Performance
CYC Nepal Laghubitta Bittiya Sanstha Limited (CYCL) has unveiled its third-quarter financial report for the fiscal year 2080/2081, revealing a remarkable upswing in performance. The company has reported a staggering 263.37% increase in net profit, reaching Rs. 2.8 crores compared to Rs. 77.07 lakhs in the corresponding quarter last year. A significant driver behind this […]
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Gold Prices Surge by Rs. 2,000, Silver Sees Modest Increase
The price of the highly sought-after yellow metal has surged by Rs. 2,000 per tola today compared to yesterday’s rates, according to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). The current price for fine gold stands at Rs. 1,36,500 per tola, marking a substantial increase from yesterday’s rate of Rs. 1,34,500 per […]
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MKCL Lock-in Period for Mutual Fund Shares Set to Conclude
Muktinath Krishi Company Limited (MKCL) has informed its investors and stakeholders about the imminent conclusion of the lock-in period for 70,000 unit shares held by Mutual Funds. Following the latest directives from the Securities Board of Nepal (SEBON), this lock-in period is scheduled to expire on the 18th of Jestha, 2081. MKCL, with a total […]
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MERO Microfinance Reports Stellar Q3 Financial Performance
Mero Microfinance Laghubitta Bittiya Sanstha Limited (MERO) has unveiled its third-quarter financial report for the fiscal year 2080/2081, revealing an impressive surge in performance. The company has reported a remarkable 846.30% increase in net profit, soaring from Rs. 1.3 crores to Rs. 12.38 crores compared to the corresponding quarter last year. A significant contributor to […]
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