Month: August 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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Gold Prices Drop by Rs. 1,400 per Tola in Nepal
The fine gold market in Nepal has seen a notable decrease, with prices dropping by Rs. 1,400 per tola. According to the latest report from the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), fine gold is now valued at Rs. 146,300 per tola, down from its previous rate of Rs. 147,700 per tola. […]
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NEPSE Index Jumps 4.08% to Close at 2,759.67 Points
The Nepal Stock Exchange (NEPSE) Index experienced a remarkable rise today, closing at 2,759.67 points. This marks a substantial gain of 108.35 points, or 4.08%, from the previous day’s close, recovering from a decline of 145.05 points in the prior session. The trading day started with the NEPSE Index opening at 2,644.73 points. Throughout the […]
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Prabhu Insurance Lists 653,658.07 Bonus Shares on NEPSE
Prabhu Insurance Ltd. (PRIN) has listed 653,658.07 unit bonus shares on the Nepal Stock Exchange (NEPSE). This move follows the company’s 28th Annual General Meeting (AGM) held on 20th Baishakh, where a 5% dividend for the fiscal year 2079/80 was endorsed. During the 433rd board of directors meeting on Falgun 20, the decision was made […]
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NEPSE Index Plummets by 5.18%
The Nepal Stock Exchange (NEPSE) Index closed at 2,651.32 points today, marking a significant decline of 145.05 points or 5.18% from the previous trading day’s close. This sharp drop follows an increase of 40.76 points in the prior session. The trading day began with the index opening at 2,802.04 points. Throughout the session, the index […]
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HIDCL Announces Auction of 1.68 Crore Promoter Shares
Hydroelectricity Investment and Development Company Limited (HIDCL) has announced the auction of 1,68,59,050 units of promoter shares to the general public, companies, and institutions. The auction will run from 29th Shrawan, 2081 to 6th Bhadra, 2081. Earlier, HIDCL initially offered 330,000,000 promoter shares to the public from the 5th to the 19th of Ashadh, 2079. […]
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Gold Prices Plummet by Rs. 2,300 Per Tola in Nepal
The gold market in Nepal has experienced a significant drop, with prices decreasing by Rs. 2,300 per tola. According to the latest report from the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the price of fine gold is now Rs. 147,700 per tola, a substantial decline from its previous closing rate of Rs. […]
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