Multipurpose Finance Company Limited (MPFL) has announced an auction of 2,50,971 units of shares, with the existing promoter extending the opportunity exclusively to its shareholder base. The auction, initiated on 10th Baishakh, 2081, invites interested promoter shareholders to participate within a 35-day window from the date of publication of the notice. United Ajod Insurance, a […]
Karnali Development Bank Limited (KRBL) has announced its unaudited financial results for the third quarter of fiscal year 2080/81, showcasing a noteworthy upswing in net profit and Earnings Per Share (EPS). In the third quarter of the ongoing fiscal year, KRBL recorded a remarkable net profit of Rs. 2.88 Crores, marking a substantial 66.18% surge
The price of fine gold in Nepal has seen a notable decline, according to the latest report from the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). Pure gold, known as fine gold, is currently trading at Rs. 1,38,200 per tola, marking a decrease of Rs. 1,100 from its previous closing rate. Similarly, Tejabi
The Nepal Stock Exchange (NEPSE) Index marked a modest gain of 0.62%, adding 12.29 points to settle at 1,984.43 points by the closing bell today, bouncing back from the previous session’s loss of 19.56 points. Commencing at 1,972.92, the trading day displayed fluctuations, hitting an intraday high of 1,984.46 before sliding to an intraday low
Nepal’s trade dynamics in the initial nine months of fiscal year 2080/81 reveal alarming patterns, raising concerns about the nation’s economic outlook. The trade deficit, representing the variance between imports and exports, has expanded by approximately 2.75 percent during this period, indicating a growing disparity between import costs and export values, posing significant challenges to
Auction for the unclaimed portion of Arun Valley Hydropower Development Company Limited’s (AHPC) right shares commences today, on the 10th of Baisakh, 2081, and will run until the 24th of Baisakh, 2081. A total of 19,92,134 units of ordinary right shares will be up for auction, representing the unclaimed segment of the rights offering. AHPC
Ridi Power Company Limited (RIDI) has concluded the auction for the unclaimed portion of its right shares, starting from 29th Baisakh, 2081. The auction, which commenced on 29th Chaitra, 2080, offered 11,35,657 units of ordinary right shares, representing the unclaimed portion of the rights offering. This auction opportunity stemmed from RIDI’s issuance of a 1:0.50
Corporate Development Bank Limited (CORBL) has recently unveiled its third-quarter fiscal report for the year 2080/81, indicating a notable 33.08% decrease in net profit compared to the same period last year. The bank’s financial performance reflects challenges amidst core business operations, raising concerns among investors and stakeholders. Maintaining its financial stability, CORBL retains a total
Kathmandu, the capital city of Nepal, continues to face severe air pollution issues, securing its position as the second most polluted city globally, according to the latest findings from IQ Air. The city’s Air Quality Index (AQI) stands at 162, closely trailing behind Beijing, China, which maintains its status as the world’s most polluted city.
In a significant development, Asian Life Insurance Company Limited (ALICL) has listed 24,45,357.9 bonus shares on the Nepal Stock Exchange (NEPSE). This move follows the company’s 16th Annual General Meeting held on 18th Falgun, 2080, where it endorsed an 8.1578% dividend for the fiscal year 2079/80. During the 188th meeting of the board of directors
