Hydroelectricity Investment and Development Company Limited (HIDCL) has listed 9,81,090 unit right shares on the Nepal Stock Exchange (NEPSE), marking a significant addition to the market. These shares were part of HIDCL’s auction of unclaimed right shares, totaling 1,78,40,140 units, held from the 25th of Chaitra, 2080 to the 9th of Baisakh, 2081. Despite the […]
Today, the price of gold has experienced a remarkable surge in domestic markets, with fine gold and Tejabi gold witnessing a substantial rise compared to previous rates. As reported by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current price for fine gold has reached Rs. 1,38,400 per tola, marking a notable
NEPSE has officially delisted 10,00,000 units of the “10% Sunrise Debenture 2080 (SRD80)” following its maturity on Baishakh 31, 2081. The debenture, which provided a 10% annual return to unitholders, will now refund the seed fund and distribute interest to investors. Unitholders seeking further details can reach out to or visit the nearest branches of
Gold prices experience a notable decline, with Fine gold trading at Rs. 137,400 per tola, marking a Rs. 700 decrease from the previous closing rate, as per the latest report from the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). Similarly, Tejabi gold witnesses a decline, now priced at Rs. 136,750 per tola, reflecting
The Nepal Stock Exchange (NEPSE) Index displays a notable gain of 1.43%, closing at 2,027.51 points, reflecting a positive trend in market dynamics. Following a previous session’s increase of 24.39 points, the market maintains its upward trajectory. Amidst fluctuations, the index opened at 2,000.7, reaching an intraday high of 2,027.59 before settling at an intraday
The Nepal Rastra Bank (NRB) has put forth a comprehensive set of 190 recommendations to the Ministry of Finance for the upcoming fiscal year 2081/82 budget. Governor Maha Prasad Adhikari disclosed this during a session of the Economic Committee under the House of Representatives, emphasizing the inclusivity of the process. These recommendations, derived from input
The Nepal Stock Exchange (NEPSE) Index witnessed a notable surge, marking a 1.23% increase, or 24.39 points, closing at 1,998.89 points for the day’s trading session. This positive momentum follows a previous session’s gain of 8.26 points, indicating a steady climb in the market. Opening at 1,979.68, the day observed fluctuations with the index hitting
Ridi Power Company Limited (RIDI) has successfully listed 77,44,506 units of right shares on the Nepal Stock Exchange (NEPSE), opening up new trading opportunities for investors. This listing follows a recent issuance of right shares by RIDI, offering existing shareholders a chance to increase their holdings in the company. Earlier, RIDI distributed a 1:0.50 ratio
The cost of gold in Nepal has witnessed a notable decrease, with Fine gold now trading at Rs. 138,100 per tola, down by Rs. 300 from its previous closing rate of Rs. 138,400 per tola, according to the latest report from the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). Similarly, Tejabi gold has
Citizen Life Insurance Company Limited (CLI) has unveiled its financial report for the third quarter of the fiscal year 2080/2081, unveiling an impressive 87.35% surge in net profit. The company’s net profit surged to Rs. 28.13 crores, marking a substantial increase from the Rs. 15.01 crores reported in the corresponding quarter of the previous fiscal
First Microfinance Laghubitta Bittiya Sanstha Limited (FMDBL) announces the auction of its existing promoter’s 1,20,000 units of shares, providing an opportunity for investors to acquire a stake in the company. The auction will run from today, 31st Baishakh, to 7th Jestha, 2081. Interested individuals, companies, and institutions meeting the qualification criteria are eligible to participate
Himalayan Re-Insurance Limited (HRL) has made headlines with its outstanding financial performance in the third quarter of the fiscal year 2080/81. The company reported a staggering 100% surge in net profit, reaching Rs. 93.11 crore, compared to Rs. 46.43 crore in the same period last year. HRL, a leading player in the insurance sector, displayed
