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 had issued a 1:1 ratio right share from the 17th of Falgun to the 7th of Chaitra, 2080. Among the total right shares issued, only 1,66,87,492 (89.34%) units were allotted to eligible shareholders, leaving 10.66% unclaimed by eligible investors. Consequently, the same 19,92,134 units of […]
Author: Earnmoney.com.np
Analysis of Import and Export Trends in the First Nine Months of Fiscal Year 2080/81
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 Nepal’s economic stability. Imports Imports in the first nine months of the fiscal year witnessed a noticeable decline of around 2.84 percent, totaling approximately Rs. 11.67 Kharba. In comparison, the corresponding period in the previous year saw imports amounting to goods worth Rs. 12.01 Kharba. […]
NEPSE Index Ends with Modest Gain, Gurkhas Finance Ltd. Tops Turnover
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 of 1,953.29. In a vibrant trading atmosphere, 310 different stocks were traded in 47,117 transactions. The total share volume amounted to 6,393,245, reflecting a total turnover of Rs. 2.25 Arba. Market capitalization wrapped up at Rs. 31.46 Kharba, with a float market capitalization of Rs. […]
JBBL Reports Decline in Q3 Net Profit and EPS Amidst Rising Impairment Charges
Jyoti Bikas Bank Limited (JBBL) has recently disclosed its unaudited financial report for the third quarter of fiscal year 2080/81, revealing a significant downturn in…
Closure of 7.9% Nepal SBI Bank Debenture 2080: Unitholders to Receive Returns
The “7.9% Nepal SBI Bank Debenture 2080” scheme, comprising 2,00,000 units, has been delisted from the Nepal Stock Exchange (NEPSE) following its maturity on Baishakh…
Gold Prices Dip in Nepal: Latest Updates on Fine Gold and Silver Rates
The price of fine gold in Nepal has witnessed a decline of Rs. 600 per tola after a period of consecutive increases, as reported by…
Exploring the Growth of Hydropower Projects Along Taplejung’s Rivers
Taplejung district in Nepal is experiencing a significant surge in investment in hydropower projects, particularly along its primary waterway, the Tamor River, and other rivers…
Muktinath Bikas Bank Limited: A Glimpse into its Remarkable Growth and Financial Performance
In the dynamic landscape of Nepal’s banking sector, Muktinath Bikas Bank Limited (MNBBL) stands out with its impressive performance and robust financial indicators. Recently, the…
Global IME Bank Limited: Navigating Challenges in the Third Quarter Amid Financial Resilience
Global IME Bank Limited (GBIME) recently unveiled its third-quarter fiscal report for the year 2080/81, showcasing both resilience and challenges amidst a dynamic banking landscape….
Surge in Nepal’s Gold Market: Reaching All-Time High Amid Global Dynamics
Nepal’s gold market witnessed an unprecedented surge, hitting an all-time high on April 19, 2024, signaling significant shifts in both domestic and international dynamics. According…
Nepal Infrastructure Bank Limited: Navigating Challenges in Third-Quarter Financial Performance
Infrastructure Bank Limited (NIFRA) recently disclosed its third-quarter fiscal report for the year 2080/81, revealing insights into its financial performance amidst evolving market dynamics. While…
Nabil Bank Limited: Navigating Challenges Amid Third-Quarter Financial Performance
Nabil Bank Limited (NABIL) recently unveiled its third-quarter fiscal report for the year 2080/81, revealing insights into its financial performance amidst evolving market dynamics. Despite…