Month: May 2024
Buddha Bhumi Nepal Hydropower Proposes 150% Right Shares Increase
Buddha Bhumi Nepal Hydropower Company Limited (BNHC) has announced its intention to issue right shares at a ratio of 1:1.50 or 150%, as decided during the recent Board of Directors meeting. The meeting, held on Poush 20, 2080, endorsed the issuance of 150% right shares on the company’s paid-up capital of Rs. 40 Crore. Following […]
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Jalpa Samudayik Laghubitta Reports Profit Surge in Q3 FY 2080/81
Jalpa Samudayik Laghubitta Bittiya Sanstha Limited (JALPA) has showcased impressive financial strength in the third quarter of Fiscal Year 2080/81, with a significant surge in earnings amounting to Rs. 62.81 Lakhs. This turnaround marks a remarkable improvement from the net loss reported during the same period in the previous fiscal year. Despite a slight decline […]
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Himalayan Reinsurance Lists 40 Lakh Bonus Shares on NEPSE after AGM Approval
Himalayan Reinsurance Limited (HRL) has successfully listed 40,00,000 unit bonus shares on the Nepal Stock Exchange (NEPSE), following the endorsement of its 3rd Annual General Meeting (AGM) held on 20th Falgun, 2080. During the AGM, HRL approved a 4.21% dividend for the fiscal year 2079/80. In a significant move, the 55th board of directors meeting, […]
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NEPSE Weekly Market Overview: Gains Amid Volatility
NEPSE witnessed a dynamic week of trading, encompassing four active trading days due to a midweek public holiday. The NEPSE Index concluded the week at 1,998.96, marking a notable gain of 33.03 points (1.68%) from the previous week’s close of 1,965.93, which experienced a slight decline of 0.31%. Throughout the week, the market exhibited considerable […]
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Sun Nepal Life Insurance Announces Right Shares Issue
Sun Nepal Life Insurance Company Limited has revealed its plan to issue right shares at a ratio of 1:0.27, totaling 1,06,96,320 units, priced at Rs. 100 each. Nepal SBI Merchant Banking Limited, a subsidiary of Nepal SBI Bank Limited, has been entrusted with the responsibility of managing the issuance and sale process. The agreement formalizing […]
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Siddhartha Premier Insurance Surges: Q3 Financial Results Revealed
Siddhartha Premier Insurance Limited (SPIL) has unveiled its third-quarter financial results for the fiscal year 2080/2081, showcasing a remarkable surge in net profit. The company’s net profit soared by 109.65% to Rs. 59.71 crores from Rs. 28.48 crores in the corresponding quarter of the previous fiscal year. With a paid-up capital of Rs. 1.4 Arba […]
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Gold Prices Dip: Latest Update from FENEGOSIDA
In a recent development, the price of fine gold has experienced a notable decline, dropping by Rs. 1,100 per tola. As per the latest report released by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current trading rate for pure gold stands at Rs. 1,35,400 per tola. This marks a significant decrease […]
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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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