Articles & Updates

Gold Jumps Rs. 300/Tola, Silver Gains 15 Rupees in Price Surge 1
Gold | Silver | Forex

Gold Jumps Rs. 300/Tola, Silver Gains 15 Rupees in Price Surge

The price of gold has experienced a notable surge, increasing by Rs. 300 per tola compared to Monday’s trading price, as reported by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). Fine gold is currently being traded at Rs. 1,18,600 per tola, marking a Rs. 300 increment from the previous trading price of […]

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USHEC Achieves 47.90% Q2 Net Profit Surge and Robust Revenue Growth 3
Business | Market | Economy

USHEC Achieves 47.90% Q2 Net Profit Surge and Robust Revenue Growth

Upper Solu Hydro Electric Company Limited (USHEC) has reported a remarkable surge in net profit, demonstrating a substantial 47.90% increase during the second quarter (Q2) of the fiscal year 2080/81. The company’s profits escalated from Rs. 5.67 crores in the corresponding quarter of the previous year to an impressive Rs. 8.39 crores in the current […]

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Citizens Capital Mutual Funds Report Growth: NAV and Net Profit on the Rise 5
Business | Market | Economy

Citizens Capital Mutual Funds Report Growth: NAV and Net Profit on the Rise

  Citizens Super 30 Mutual Fund (C30MF) unveils its latest Net Asset Value (NAV) report for the month of Poush, showcasing a notable increase from Rs. 10.40 to Rs. 10.77. As a closed-end fund with a maturity period of 10 years, C30MF boasts a substantial fund size of Rs. 75.07 Crores. The fund strategically allocates […]

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HIDCL Achieves Remarkable Milestone with 11.47% Surge in Q2 FY 2080/81 Net Profit, Reaching Rs. 75.27 Crore; EPS Soars to Rs. 6.61 7
Business | Market | Economy

HIDCL Achieves Remarkable Milestone with 11.47% Surge in Q2 FY 2080/81 Net Profit, Reaching Rs. 75.27 Crore; EPS Soars to Rs. 6.61

  Hydroelectricity Investment and Development Company Limited (HIDCL) reveals a robust financial performance in its recently released unaudited quarterly report for the second quarter of fiscal year 2080/81. Demonstrating an impressive 11.47% increase in net profit, the company achieved a milestone of Rs. 75.27 Crore compared to the previous year’s Rs. 67.52 Crore. With a […]

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NEPSE Closes Above 2100 Levels; HRL Records Highest Turnover 9
Business | Market | Economy NEPSE NEWS

NEPSE Closes Above 2100 Levels; HRL Records Highest Turnover

  Experience the thrill of Nepal’s stock market as the Nepal Stock Exchange (NEPSE) Index showcases a remarkable gain of 10.26 points, equivalent to 0.48%, settling at an impressive 2,104.72 points, surpassing the previous day’s closing. Reflecting a resilient market, the day commenced with an opening index of 2,097.48, navigating through an intraday low of […]

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Swet-Ganga Hydropower: 38.51M Shares Set for Trading as Lock-in Period Nears End on 2nd Falgun 11
Business | Market | Economy

Swet-Ganga Hydropower: 38.51M Shares Set for Trading as Lock-in Period Nears End on 2nd Falgun

Swet-Ganga Hydropower & Construction Limited (SGHC) brings forth an exciting opportunity for investors as the lock-in period for Dolma Impact-1 (Foreign Investor) shares concludes on Falgun 2, 2080, in compliance with the Securities Board of Nepal (SEBON) guidelines. As a listed entity on the Nepal Stock Exchange (NEPSE) with a total of 15,930,000 units of […]

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Ridi Power Company Limited (RIDI) Announces Book Closure Date for 50% Right Shares, Valued at Rs. 77.44 Crores 13
Business | Market | Economy

Ridi Power Company Limited (RIDI) Announces Book Closure Date for 50% Right Shares, Valued at Rs. 77.44 Crores

Ridi Power Company Limited (RIDI) has disclosed the book closure date for its upcoming 50% right shares, set for the 22nd of Magh, 2080. Shareholders holding shares until Magh 21 will be eligible for the rights offering. The company is set to issue 50% right shares valued at Rs. 77.44 Crores, involving the issuance of […]

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IME Life Insurance (ILI) Achieves Remarkable 96.14% Surge in Q2 Net Profit 15
Business | Market | Economy

IME Life Insurance (ILI) Achieves Remarkable 96.14% Surge in Q2 Net Profit

IME Life Insurance Company Limited (ILI) has reported impressive financial results for the second quarter of the fiscal year 2080/2081, showcasing a significant 96.14% surge in net profit. The net profit rose from Rs. 11.96 crores to Rs. 23.47 crores compared to the same quarter last year. ILI’s financial overview reveals a strong foundation with […]

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Citizen Life Insurance (CLI) Posts 2.73% Increase in Q2 Net Profit, Revealing Robust Financial Performance 17
Business | Market | Economy

Citizen Life Insurance (CLI) Posts 2.73% Increase in Q2 Net Profit, Revealing Robust Financial Performance

In the second quarter of the fiscal year 2080/2081, Citizen Life Insurance Company Limited (CLI) demonstrated positive financial performance, marked by a 2.73% increase in net profit. The net profit rose from Rs. 12.36 crores to Rs. 12.03 crores when compared to the corresponding quarter of the previous year. Citizen Life’s financial position revealed a […]

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Three Star Hydropower Limited (TSHL) Announces Conclusion of Lock-In Period for Mutual Fund Shares as per SEBON Directives 19
Business | Market | Economy

Three Star Hydropower Limited (TSHL) Announces Conclusion of Lock-In Period for Mutual Fund Shares as per SEBON Directives

Three Star Hydropower Limited (TSHL) has officially notified its investors and stakeholders regarding the conclusion of the lock-in period for 36,938 unit shares held by Mutual Funds. This development aligns with the most recent directives issued by the Securities Board of Nepal (SEBON). The lock-in period for these shares, which commenced on Ashadh 19, 2080, […]

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