Impact of Recent Flooding on Sanvi Energy’s Hydropower Projects in Nepal The recent heavy rainfall and severe weather conditions in Nepal have taken a toll, including the Ilam district and surrounding areas. Sanvi Energy Ltd. has announced significant disruptions to its hydropower generation capabilities due to landslides and flooding. As predicted by the Government of […]
Hydropower Project Damaged by Nepal Floods The Lower Jogmai Khola Hydropower Project, a 6.2 MW facility operated by Asian Hydropower Ltd., has suffered significant damage due to recent landslides and flooding in Ilam district, Nepal. The company issued a statement indicating that continuous rainfall, consistent with warnings from the Government of Nepal and other relevant
Kathmandu – After the Dashain holiday, the Nepal Stock Exchange (NEPSE) was scheduled to reopen today. However, due to unforeseen circumstances, the government has declared a public holiday for today and tomorrow, resulting in the closure of stock trading. The stock market was anticipated to resume operations today following the Dashain break. Unfortunately, the government
Stay Safe: Nationwide Public Holidays Announced Due to Severe Weather Forecast in Nepal Get ready for some indoor time, Nepal! Due to a forecast of heavy to very heavy rainfall across the country, the Government of Nepal has declared public holidays on Ashwin 19 and 20, 2082. This decision comes following information from the Department
NEPSE Closed for Dashain Holidays! Get ready for a break from the stock market! The Government of Nepal has officially declared public holidays from Ashwin 13th to 18th to celebrate Dashain, a major Hindu festival celebrated with great fervor and joy. These holidays cover the period from Fulpati to Dwadasi, a time when families and
Nepse Rises Ahead of Dashain Holiday Kathmandu – The stock market saw a double-digit gain on Sunday, the day before the Dashain holiday. The Nepal Stock Exchange (Nepse) index increased by 11.51 points, closing at 2663.51 points. The sensitive index, which measures the performance of ‘A’ class companies, also rose by 3.22 points to close
RSDC Laghubitta Announces 8% Cash Dividend for FY 2081/82! Great news for RSDC Laghubitta Bittiya Sanstha Limited (RSDC) shareholders! The microfinance institution has just announced a significant cash dividend for the fiscal year 2081/82. The board of directors, in their 176th meeting held on Ashwin 11, decided to propose an 8% cash dividend, amounting to
End of Trading Before Dashain Holiday Are you a stock market enthusiast in Nepal? Today, Sunday, is the last trading day before the Dashain holiday! Get your stock trades in now before the market closes for the festivities. The Nepal Stock Exchange (NEPSE) will be closed for about a week due to the government’s public
Kathmandu – Himalayan Securities Ltd. successfully convened its 5th Annual General Meeting (AGM) at its registered office in Kamaladi, Ward No. 28, Kathmandu Metropolitan City. Key decisions were made, shaping the future direction of the brokerage firm. During the AGM, shareholders engaged in comprehensive discussions regarding the company’s financial performance for the fiscal year 2081/82.
Part 1: Rundown and Technical Analysis NEPSE Weekly Market Wrap-Up: A Bullish Rebound The Nepalese stock market witnessed a resurgence this week, trading for four days due to Monday’s public holiday for Ghatasthapana. The NEPSE Index closed at 2,652, marking a significant gain of 140.09 points or 5.58%. This is a welcome change from last
Nepal Stock Exchange Trading to Resume Soon! Good news for Nepal Stock Exchange (NEPSE) investors! After a period of anticipation, securities trading in the secondary market is officially set to resume on Ashwin 2, 2082. This exciting development follows a directive issued by the Securities Board of Nepal (SEBON) on Bhadra 31, 2082, paving the
Muktinath Bikas Bank Announces Exciting Dividend for FY 2081/82! Great news for Muktinath Bikas Bank Limited (MNBBL) shareholders! The bank has just announced a proposed dividend of 18.20% for the fiscal year 2081/82. This is a significant announcement in the banking sector and a potential boon for investors. The decision was made during the 358th
