Year: 2024
Sun Nepal Life Insurance to Hold 7th AGM, Declares Dividend and Bonus Shares
Sun Nepal Life Insurance Company Limited (SNLI) has announced its 7th Annual General Meeting (AGM) scheduled for the 9th of Jestha, 2081. The meeting will take place at Amritbhog Catering, Kalikasthan, Kathmandu, commencing at 10:00 AM. One of the key agendas for the AGM is the endorsement of a 25.0526% dividend for the fiscal year […]
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Aatmanirbhar Laghubitta Bittiya Sanstha (ANLB) Reports Decline in Q3 Net Profit
Aatmanirbhar Laghubitta Bittiya Sanstha Limited (ANLB) has released its third-quarter financial report for the fiscal year 2080/81, revealing a significant decline in net profit. The company reported a net profit of Rs. 1.27 Crores, marking a noteworthy 71.52% decrease compared to the previous fiscal year’s corresponding quarter, where the profit stood at Rs. 4.46 crores. […]
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Gold Prices Surge, Silver Slips: Latest Market Updates
Today, there’s a notable shift in the prices of gold and silver, as gold rates witness an increase while silver prices take a dip. According to the latest report from the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current price of gold has surged by Rs. 400 per tola compared to yesterday’s […]
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USHL’s Q3 Financial Report Shows Improvement Despite Challenges
In a recent update, Upper Syange Hydropower Limited (USHL) shared its unaudited third-quarter financial report for the fiscal year 2080/2081, displaying signs of progress amidst ongoing challenges. Despite facing hurdles, the company reported a notable improvement in its financial performance compared to the same period last year. The disclosed report unveils a significant decrease in […]
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MAKAR Announces End of Lock-in Period for Dolma Impact-1 Shares
Makar Jitumaya Suri Hydropower Company Limited (MAKAR) has recently declared the conclusion of the lock-in period for shares held by Dolma Impact-1, in accordance with guidelines from the Securities Board of Nepal (SEBON). The lock-in period is set to end on 16th Jestha, 2081, allowing these shares to be traded freely. MAKAR, listed on the […]
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Gold Prices Surge: Current Rates Hit New Highs, Silver Also Rises
Today, the price of gold, the beloved yellow metal, has surged by Rs. 1,400 per tola compared to yesterday’s value, reaching new highs in the market. As per the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current rate for fine gold stands at Rs. 1,37,200 per tola, marking a significant increase of […]
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FOWAD’s Q3 Report: Net Profit Surges by 167%, Financial Highlights Revealed
Forward Microfinance Laghubitta Bittiya Sanstha Limited (FOWAD) has unveiled its third-quarter report for the fiscal year 2080/2081, showcasing a remarkable surge of 167.16% in Net Profit. The company’s net profit surged to Rs. 11.65 crore compared to Rs. 4.36 crore in the corresponding quarter of the previous year. In terms of financial metrics, FOWAD witnessed […]
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NEPSE Weekly Market Recap: Mixed Performance, Top Gainers and Losers Revealed
The Nepali stock market, represented by the NEPSE Index, experienced a mixed week with four trading days due to a public holiday on Tuesday. The NEPSE Index closed at 1,965.93, witnessing a slight decline of 6.21 points (0.31%) compared to the previous week’s close at 1,972.14. Throughout the week, the index fluctuated between a high […]
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Promoter Share Auctions: Opportunity for Kumari Bank Limited and United Ajod Insurance Limited Investors
The existing promoters of Kumari Bank Limited (KBL) and United Ajod Insurance Limited (UAIL) are initiating auctions for their shares, providing an opportunity for interested shareholders to acquire stakes in these companies. Shova Mishra, the existing promoter of KBL, is auctioning 5,99,121 units of shares to interested promoter shareholders starting today. Similarly, Prithee Tiwari and […]
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NHPC’s Q3 Report: Mixed Results and Positive Trends Revealed
National Hydro Power Company Limited (NHPC) has shared its unaudited third-quarter report for the fiscal year 2080/2081, revealing a net loss of Rs. 1.15 Crores for the quarter. Despite the loss, NHPC shows signs of improvement compared to the previous year’s Q3 net loss of Rs. 2.29 Crores. NHPC’s financial snapshot indicates stable figures, with […]
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