Latest Articles
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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NEPSE Index Slips by 0.16%, PFL Leads Turnover
The NEPSE Index at the Nepal Stock Exchange experienced a slight dip of 0.16%, closing at 1,965.93 points, amidst a volatile trading session. Starting at 1,971.36, the index saw fluctuations, hitting an intraday high of 1,974.91 before sliding to an intraday low of 1,960.92. Trading activity remained robust, with 303 different stocks changing hands in […]
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SuryaJyoti Life Insurance Reports Strong Growth in Q3, Net Profit Surges 33.89%
SuryaJyoti Life Insurance Company Limited (SJLIC) recently disclosed its financial results for the third quarter of the fiscal year 2080/2081, demonstrating a notable 33.89% increase in net profit. The net profit rose to Rs. 29.54 crores from Rs. 22.06 crores in the corresponding quarter of the previous year. SJLIC’s financial overview displays a paid-up capital […]
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NEPSE Index Shows Modest Growth, Prominent Stocks Perform Well
The Nepal Stock Exchange (NEPSE) Index saw a marginal increase of 0.15 points, closing at 1,969.17 points after a previous session’s decline. Opening at 1,969.41, the day witnessed fluctuations, with the index reaching an intraday high of 1,979.57 and a low of 1,963.34. In a bustling trading atmosphere, 313 different stocks were traded in 36,483 […]
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Gold Prices Surge in Nepal: Rs. 500 Increase per Tola
The price of gold has seen a notable increase of Rs. 500 per tola compared to yesterday’s trading value, according to the latest report from the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). Fine gold is now priced at Rs. 1,36,000 per tola, marking a surge of Rs. 500 from the previous rate […]
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SMB Reports Impressive Q3 Performance: Net Profit Surges by 94.90%
Support Laghubitta Bittiya Sanstha Limited (SMB) has unveiled its third-quarter fiscal report for the year 2080/2081, demonstrating remarkable financial performance. The company recorded a substantial 94.90% increase in net profit, surging from Rs. 63.31 lakhs to Rs. 1.23 crores compared to the corresponding quarter last year. Core revenue, represented by net interest income, witnessed a […]
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Kumari Bank Extends Promoter Share Auction Deadline
Kumari Bank Limited (KBL) has decided to extend the deadline for the auction of 4,50,000 units of promoter shares until 18th Baishakh, 2081. The auction, managed by Kumari Capital Limited, initially began on the 3rd of Baishakh, 2081, with the intention of concluding today, on the 12th of Baishakh, 2081. However, due to an insufficient […]
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33 Construction Firms Blacklisted by PPMO for Missed Deadlines
In a significant move, the Public Procurement Monitoring Office (PPMO) has announced the blacklisting of 33 construction companies, including well-known names like Pappu Construction Pvt Ltd, for failing to meet project deadlines. The PPMO issued a formal notice on Tuesday, publicly declaring the disqualification of these companies for a period of two and a half […]
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33 Construction Firms Blacklisted by PPMO for Missed Deadlines
In a significant move, the Public Procurement Monitoring Office (PPMO) has announced the blacklisting of 33 construction companies, including well-known names like Pappu Construction Pvt Ltd, for failing to meet project deadlines. The PPMO issued a formal notice on Tuesday, publicly declaring the disqualification of these companies for a period of two and a half […]
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