In a recent update, Upper Syange Hydropower Limited (USHL) shared its unaudited third-quarter financial report for the fiscal year 2080/2081, displaying signs of progress amidst ongoing challenges. Despite facing hurdles, the company reported a notable improvement in its financial performance compared to the same period last year. The disclosed report unveils a significant decrease in […]
Makar Jitumaya Suri Hydropower Company Limited (MAKAR) has recently declared the conclusion of the lock-in period for shares held by Dolma Impact-1, in accordance with guidelines from the Securities Board of Nepal (SEBON). The lock-in period is set to end on 16th Jestha, 2081, allowing these shares to be traded freely. MAKAR, listed on the
Today, the price of gold, the beloved yellow metal, has surged by Rs. 1,400 per tola compared to yesterday’s value, reaching new highs in the market. As per the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current rate for fine gold stands at Rs. 1,37,200 per tola, marking a significant increase of
Forward Microfinance Laghubitta Bittiya Sanstha Limited (FOWAD) has unveiled its third-quarter report for the fiscal year 2080/2081, showcasing a remarkable surge of 167.16% in Net Profit. The company’s net profit surged to Rs. 11.65 crore compared to Rs. 4.36 crore in the corresponding quarter of the previous year. In terms of financial metrics, FOWAD witnessed
The Nepali stock market, represented by the NEPSE Index, experienced a mixed week with four trading days due to a public holiday on Tuesday. The NEPSE Index closed at 1,965.93, witnessing a slight decline of 6.21 points (0.31%) compared to the previous week’s close at 1,972.14. Throughout the week, the index fluctuated between a high
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
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
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
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
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
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
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
