Day: July 22, 2024
NIFRA Reports Dip in Q4 Profits for Fiscal Year 2080/81
Nepal Infrastructure Bank Limited (NIFRA) has announced its fourth-quarter financial results for the fiscal year 2080/81, revealing a 5.98% decline in net profit. The bank’s net profit fell to Rs. 1.33 Arba, down from Rs. 1.41 Arba in the same quarter of the previous year. Despite the drop in profits, NIFRA’s financial foundation remains strong, […]
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NIC Asia Bank Auctions Promoter Shares of CIT and SBL
NIC Asia Bank Limited (NICA) is auctioning 50,000 units of promoter shares of Citizen Investment Trust (CIT) to qualified investors from 7th Shrawan to 14th Shrawan, 2081. The auction allows eligible investors to place their bids with a minimum bid rate of Rs. 707 and a minimum bid quantity of 10,000 units. Bids should be […]
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NEPSE Index Sees Modest Gain
The Nepal Stock Exchange (NEPSE) Index closed at 2,488.09 points, marking a slight increase of 2.15 points or 0.08% from the previous trading day. Despite today’s minimal gain, the index saw a more substantial rise of 61.61 points in the prior session. The trading day began with the index opening at 2,491.17 points, hitting an […]
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NLICL Announces 36th AGM
National Life Insurance Company Limited (NLICL) has scheduled its 36th Annual General Meeting (AGM) for 7th Bhadra, 2081. The meeting will take place at the company’s head office in Lazimpat, Kathmandu, starting at 10:30 am. A key agenda for the AGM is the approval of a 14% dividend for the fiscal year 2079/80. In […]
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Suryodaya Womi Laghubitta FPO Closes Tomorrow
Suryodaya Womi Laghubitta Bittiya Sanstha Limited (SWMF) is issuing 178,451.18 units of FPO shares, each priced at Rs. 100. The issue, which began on 4th Shrawan 2080, is set to close tomorrow, 8th Shrawan 2081. As per the Banks and Financial Institutions Act of 2073 and NRB regulations, at least 30% of the issued capital […]
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SEBON Reviews Right Shares of Multiple Hydropower Companies
The Securities Exchange Board of Nepal (SEBON) is currently reviewing the right shares of Barahi Hydropower Public Limited (BHPL). The application was submitted on Jestha 24, 2081. Barahi Hydropower plans to issue 100% right shares on its paid-up capital of Rs. 25 Crores, adding 2,500,000 units to increase the capital to Rs. 50 crores. This […]
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Gold Prices Drop by Rs. 1,300 per Tola in Nepal
The fine gold market in Nepal has seen a significant drop, with prices falling by Rs. 1,300 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), fine gold is now priced at Rs. 146,200 per tola, down from Rs. 147,500 per tola. Tejabi gold has also experienced a similar decline, […]
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NEPSE Index Surges 2.54%, Closes at 2,485.94
The Nepal Stock Exchange (NEPSE) Index witnessed a significant surge, closing at 2,485.94 with an impressive gain of 61.61 points, or 2.54%, from the previous trading day’s close. This recent rise marks a remarkable gain of approximately 245.51 points over the last four sessions. The trading session began with the index opening at 2,421.49 points, […]
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