Year: 2024
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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Guardian Micro Life Insurance to Issue 22.5 Lakh Shares to Public
Guardian Micro Life Insurance Limited is preparing to issue 22,50,000 unit ordinary shares to the public at Rs. 100 per share, raising a total of Rs. 22.5 crore. Nepal SBI Merchant Banking Limited has been appointed to provide underwriting services for this significant issuance. The agreement was signed by Mr. Lekhnath Pokhel, Managing Director and […]
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Corporate Development Bank Posts Stunning 2838% Profit Increase
Corporate Development Bank (CORBL) has released its unaudited financial results for the fourth quarter of the fiscal year 2080/81, showcasing an extraordinary 2838.36% increase in net profit. The bank’s net profit soared to Rs 1.78 Crores, a remarkable rise from Rs 6.07 Lakhs in the same period last year. CORBL’s financial standing remains robust, with […]
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Promoter Shares of Four Financial Institutions Up for Auction
The promoter shares of four major financial institutions—Prabhu Bank Limited (PRVU), Nepal Investment Mega Bank (NIMB), Kamana Sewa Bikas Bank Limited (KSBBL), and Shree Investment Finance Company Limited (SIFC)—are being offered via auction. The auction runs from 21st Shrawan to 9th Bhadra, 2081, and is open to promoter shareholders, individuals, companies, and institutions. The auction […]
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NEPSE Index Climbs to 2,796.38 Points
The Nepal Stock Exchange (NEPSE) Index closed at 2,796.38 points today, marking a gain of 40.76 points or 1.47% from the previous trading day’s close. This increase follows a minor drop of 5.29 points in the previous session. The trading day began with the index opening at 2,770.39 points. Throughout the session, the index saw […]
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NEPSE Index Surges by 2.38% to Close at 2,760.90 Points
The Nepal Stock Exchange (NEPSE) Index closed at 2,760.90 points today, marking a significant gain of 64.25 points or 2.38% from the previous day’s close. This follows an increase of 35.55 points in the previous session, pushing the index past the 2,700 mark. The trading day started with the index opening at 2,708.25 points. Throughout […]
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Dhangadhi Transport Office Reports Record Revenue of Rs 653.1 Million
The Dhangadhi Office of Transport Management has reported a record revenue collection of Rs 653.1 million for the fiscal year 2080/81 BS. This marks an increase from the Rs 639.4 million collected in the previous fiscal year. Acting Chief Narendra Shah stated that the highest revenue source was vehicle tax, contributing nearly Rs 498 million. […]
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Gold Prices Surge by Rs. 1,800 Per Tola in Nepal
The price of gold in Nepal has surged by Rs. 1,800 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 is Rs. 1,47,800 per tola, marking a significant increase from the previous day’s Rs. 1,46,000 per tola. Tejabi gold […]
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NEPSE Index Closes Higher, Driven by Gains in Hotel and Tourism Sector
The Nepal Stock Exchange (NEPSE) Index surged to 2,696.65 points today, marking a significant rise of 35.55 points, or 1.33%, from yesterday’s close. This increase comes after a previous session that saw a drop of 20.46 points. The trading day began with the index opening at 2,669.41 points. During the session, it dipped to an […]
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