Day: August 16, 2024
Sampada Laghubitta Shares Listed on NEPSE After Successful Merger
After the successful merger between Sabaiko Laghubitta Bittiya Sanstha Limited (SABSL) and Sadhana Laghubitta Bittiya Sanstha Limited (SDLBSL), a total of 70,08,584 shares of the newly formed entity, Sampada Laghubitta Bittiya Sanstha (SMPDA), have been listed on the Nepal Stock Exchange (NEPSE). The merger agreement between SABSL and SDLBSL was signed with a 1:1 swap […]
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Nepal Telecom Reports 16.44% Decline in Net Profit for Q4
Nepal Telecom (NTC) has reported its financial performance for the fourth quarter of the fiscal year 2080/81, revealing a 16.44% drop in net profit. The company’s net profit fell to Rs. 6.62 Arba, compared to Rs. 7.92 Arba during the same period last year. This decline is largely due to a 4.99% reduction in revenue […]
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Gold Prices Drop by Rs. 900, Silver Sees Small Increase
Fine gold prices fall in Nepal, reaching Rs. 149,600 per tola, while silver sees a slight rise, reflecting trends in the global market. In a recent market update, the price of fine gold has seen a notable drop, falling by Rs. 900 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association […]
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NEPSE Index Surges Past 3000 Mark
The Nepal Stock Exchange (NEPSE) Index extended its upward momentum today, crossing the 3,000-point milestone. The index closed at 3,000.81 points, marking a notable increase of 43.05 points, or 1.45%, from the previous trading session. The market opened at 2,979.6 points and witnessed fluctuations throughout the day. The index hit an intraday low of 2,975.11 […]
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