Articles & Updates
Multiple Citizens Mutual Funds Report NAV Changes and Financial Updates for Ashwin
The “Citizens Super 30 Mutual Fund (C30MF),” a closed-end fund with a 10-year maturity, has released its Net Asset Value (NAV) report for the month of Ashwin. The NAV in Ashwin stands at Rs. 10.02, a decrease from Rs. 10.25 a month ago. The fund’s total size is Rs. 75.07 Crores, with investments of Rs. […]
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Lumbini Bikas Bank Promoter Initiates Auction for 37,319 Shares to Existing Shareholders
The current promoter of Lumbini Bikas Bank Limited (LBBL) is initiating an auction for 37,319 units of shares to be exclusively offered to existing promoter shareholders, starting from today. Manlaxmi Thapa, a promoter of LBBL, is overseeing the sale of these 37,319 units of promoter shares to fellow existing promoter shareholders. Interested individuals are invited […]
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Kathmandu Metropolitan City Sees Significant Revenue Increase, Collects Rs 1.17 Billion in Two Months
Over the past two months, the Kathmandu Metropolitan City (KMC) has amassed a revenue of Rs 1.17 billion, marking a significant increase of nearly Rs 230 million compared to the same period in the previous fiscal year. During the corresponding timeframe last year, KMC had collected Rs 934.1 million in revenue. The notable surge in […]
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Kumari Bank Limited Promoters Auction 5,30,000 Shares at Rs. 101 Minimum Rate for Public and Institutions
Starting today, the existing promoters of Kumari Bank Limited (KBL) have initiated the auction of 5,30,000 units of shares, making them available to both the general public and institutions. This auction commenced on the 14th of Kartik, 2080, as per the Nepali calendar. The minimum auction rate for the 5,30,000 promoter shares of KBL has […]
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Struggles of Newly Listed Companies: SONA and GCIL Face IPO Price Pressures in Secondary Market
Sonapur Minerals and Oil Limited (SONA) had its initial public offering (IPO) priced at Rs. 237.58 per share, but after entering the secondary market, it encountered ongoing difficulties. The stock experienced a troubling pattern, with negative circuit breakers triggered for three consecutive days, causing a significant decline in its trading value. Currently, SONA’s share price […]
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RSDC Reports 6.65% Growth in Net Profit in First Quarter of Fiscal Year 2080/81
RSDC Laghubitta Bittiya Sanstha Limited (RSDC) has recently released its first quarterly report for the fiscal year 2080/81, revealing several noteworthy findings. One of the most significant highlights is the impressive growth in net profit, which increased by 6.65%. During the first quarter, RSDC reported a net profit of Rs. 4.07 crores, a marked improvement […]
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Last Day to Be Eligible for 1: 2 Rights Offering of Ghalemdi Hydro (GHL)
Today marks the final day for individuals to qualify for Ghalemdi Hydro Limited’s (GHL) rights offering. The company is set to distribute 200% right shares valued at Rs. 1.10 Arba, achieved by issuing 11,000,000 (1:2) units of right shares to its current shareholders. This move is in line with GHL’s intention to secure at least […]
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Gold Prices in Nepalese Market Reach All-Time High, Silver Takes a Dip
The local gold market has recently reached an all-time high, experiencing a substantial surge of Rs. 500 per tola. Official data from the Federation of Nepal Gold and Silver Dealers’ Association reveals that fine gold is now being traded at an unprecedented rate of Rs. 113,700 per tola. This marks a significant increase from the […]
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Promoter of Suryodaya Womi Laghubitta Bittiya Sanstha Ltd. Offers 10,000 Shares in Auction to the Public
A new opportunity has emerged for the general public to acquire shares in Suryodaya Womi Laghubitta Bittiya Sanstha Limited (SWMF). Dipak Sharma, one of the existing promoters of SWMF, has decided to auction off 10,000 units of promoter shares to the public. The auction officially commenced today and will remain open for bidding for a […]
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“Gold Price Surges by Rs. 1,300 per Tola in Nepal, Silver Also Sees Increase”
The price of the precious metal gold has experienced a significant boost, rising by Rs. 1,300 per tola today when compared to the trading rate on Tuesday. As reported by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), fine gold now holds a value of Rs. 1,13,200 per tola, while Tejabi gold is […]
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