Articles & Updates

Kumari Bank Limited Initiates Auction of 5,30,000 Promoter Shares at Minimum Rate of Rs. 101 1
Business | Market | Economy

Kumari Bank Limited Initiates Auction of 5,30,000 Promoter Shares at Minimum Rate of Rs. 101

The existing promoter shareholder of Kumari Bank Limited (KBL) has initiated the auction of 5,30,000 units of promoter shares, starting from the 20th of Kartik, 2080. In this auction, a total of 5,30,000 promoter shares of KBL were made available for bidding at a minimum rate of Rs. 101. The opportunity to bid is extended […]

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Kumari Bank Successfully Concludes Allotment for 10% Debenture 2090 Issue 3
Business | Market | Economy

Kumari Bank Successfully Concludes Allotment for 10% Debenture 2090 Issue

Kumari Bank Limited (KBL) has successfully completed the allotment process for its recent “10% KBL Debenture 2090” offering on the 19th of Kartik, 2080. The subscription window for this debenture opened on the 2nd of Kartik and concluded on the 13th of Kartik, 2080. A total of 50 lakh units of these debentures were made […]

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Gold Price in Nepal Drops by Rs. 500 per Tola, Silver Remains Stable 5
Gold | Silver | Forex

Gold Price in Nepal Drops by Rs. 500 per Tola, Silver Remains Stable

The price of gold in Nepal has experienced a decrease of Rs. 500 per tola on the latest trading day. According to the official website of the Federation of Nepal Gold and Silver Dealers’ Association, the current price of fine gold stands at Rs. 1,15,400 per tola. This marks a slight decline from the previous […]

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Sanima Mai Hydropower Company Reports 6.02% Increase in Q1 Net Profit and Strategic Investments 7
Business | Market | Economy

Sanima Mai Hydropower Company Reports 6.02% Increase in Q1 Net Profit and Strategic Investments

Sanima Mai Hydropower Company Limited (SHPC) has reported a positive performance in the first quarter of the fiscal year 2080/81, demonstrating a 6.02% increase in net profit. The company’s net profit climbed to NPR 24.92 crores, up from NPR 23.5 crores in the same quarter of the previous year. This growth was primarily supported by […]

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Nabil Bank Limited Reports Q1 2080/81 Financials: Resilience Amidst Net Profit Dip 9
Business | Market | Economy

Nabil Bank Limited Reports Q1 2080/81 Financials: Resilience Amidst Net Profit Dip

Nabil Bank Limited (NABIL) has unveiled its comprehensive financial report for the initial quarter of the fiscal year 2080/81, offering valuable insights into the bank’s performance. During this quarterly review, the bank reported a 6.51% reduction in its net profit. Net profit decreased from NPR 1.57 Arba in the first quarter of FY 2079/80 to […]

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Nepal Investment Mega Bank (NIMB) Reports Impressive Q1 2080/81 Profits with 33.47% Growth 11
Business | Market | Economy

Nepal Investment Mega Bank (NIMB) Reports Impressive Q1 2080/81 Profits with 33.47% Growth

Nepal Investment Mega Bank Limited (NIMB) has recently unveiled its first-quarter report for the fiscal year 2080/81, demonstrating a remarkable 33.47% surge in its net profit. The bank’s profit soared to NPR 1.52 Arba during this period, indicating a positive trend in its financial performance. In terms of financial standing, the same period disclosed a […]

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Auction of 100,000 Kumari Bank Limited Promoter Shares Commences for Existing Shareholders 13
Business | Market | Economy

Auction of 100,000 Kumari Bank Limited Promoter Shares Commences for Existing Shareholders

The current owner of Kumari Bank Limited (KBL) is initiating an auction for the sale of 100,000 units of shares exclusively to its existing promoter shareholders. Durga Prasad Pandey, a promoter of KBL, is the seller, and he is offering these 100,000 promoter shares for auction. Interested parties are invited to participate in this auction, […]

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Gold Prices Surge by Rs. 700 Per Tola in Nepali Market 15
Gold | Silver | Forex

Gold Prices Surge by Rs. 700 Per Tola in Nepali Market

The price of gold, a highly valued precious metal, has witnessed a notable increase of Rs. 700 per tola compared to the trading price recorded on Wednesday. The Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA) reported today that fine gold is currently being traded at Rs. 1,15,700 per tola, marking a Rs. 700 […]

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Nepal's OTC Market Witnesses Surge in Trading Activity in Current Fiscal Year 17
Business | Market | Economy

Nepal’s OTC Market Witnesses Surge in Trading Activity in Current Fiscal Year

During the initial quarter of the current fiscal year, Nepal’s stock market saw a notable increase in over-the-counter (OTC) trading activity, registering a turnover of Rs. 1.71 Arba. What sets this OTC market apart is that a significant portion of these traded shares, approximately 36,721,120, belonged to companies not listed on the Nepal Stock Exchange […]

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Gold Price Drops by Rs. 1,000 per Tola in Nepali Market, Silver Also Sees a Decline 19
Gold | Silver | Forex

Gold Price Drops by Rs. 1,000 per Tola in Nepali Market, Silver Also Sees a Decline

The price of gold has seen a significant drop today, declining by Rs. 1,000 per tola. As reported on the official website of the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is currently being traded at Rs. 1,15,000 per tola, marking a decrease from the previous day when it stood at Rs. […]

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