Articles & Updates
Nepal’s Budget 2023-24 (2080/81) : Key Highlights and Allocations
Finance Minister Prakash Sharan Mahat has unveiled the budget estimates for Nepal’s fiscal year 2023-24, outlining significant allocations and priorities across sectors. This article provides a comprehensive overview of the budget, highlighting key sectors such as agriculture, education, infrastructure, and social welfare. Read on to discover the key highlights of Nepal’s budget for the upcoming […]
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Kumari Bank Limited Promoters to Auction 14,83,378 Units of Shares to General Public
Kumari Bank Limited (KBL) has announced that its existing promoters will be selling 14,83,378 units of their shares through an auction open to the general public. The auction period will be from 12th Jestha to 19th Jestha, 2080. This presents an opportunity for individual investors, companies, and institutions to participate in the auction and potentially […]
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Ajod Insurance Limited Converts Promoter Shares to Public Shares, Achieving 51:49 Ownership Ratio
Ajod Insurance Limited (AIL) has recently converted 19,00,000 units of promoter shares into public shares, resulting in a change in the company’s shareholding structure. Previously, the company had 70% of its shares held by promoters and 30% held by the public. However, with this conversion, the promoter-to-public shares ratio has shifted to 51:49. AIL, which […]
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Chhyangdi Hydropower Appoints BoK Capital Market as Issue Manager for Right Share Issuance
Chhyangdi Hydropower has chosen BoK Capital Market as the issue manager for its upcoming issuance of right shares. The company plans to offer existing shareholders the opportunity to purchase additional shares in a 1:1 ratio, totaling approximately Rs 38.69 crore. This move aims to strengthen shareholder ownership and support the company’s growth in the hydropower […]
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Gold Price Surges by Rs. 600 in Domestic Market, Silver Declines by Rs. 5 per Tola
Gold prices in the domestic market have experienced a significant surge today, increasing by Rs. 600. Fine gold is currently being traded at Rs. 109,800 per tola, marking an increase from yesterday’s rate of Rs. 109,200 per tola. Similarly, Tejabi gold is being traded at Rs. 109,300 today, compared to yesterday’s rate of Rs. 108,700 […]
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Shubha Laxmi Kosh NAV Report: Fund Size at Rs. 28.14 Crores, Records Net Loss in Baisakh
The latest NAV report for “Shubha Laxmi Kosh,” an open-ended fund, has been released. As of the month of Baisakh, the fund size stands at Rs. 28.14 crores. The NAV for Baisakh is recorded at Rs. 9.26. Shubha Laxmi Kosh has invested Rs. 17.22 crores in listed shares and an amount of Rs. 488,276.89 in […]
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Kumari Bank Limited Initiates Auction of Promoter Shares to General Public
Kumari Bank Limited (KBL) is conducting an auction for the sale of 316,140 units of promoter shares to the general public. The auction, which began on 8th Jestha and will continue until 10th Ashad, 2080, allows individual investors, companies, and institutions to participate. The minimum bid rate for the auction is set at Rs. 110, […]
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Himalayan Power Partner Limited Reports Net Loss of Rs. 10.43 Crores in Q3 FY 2079/80
Himalayan Power Partner Limited (HPPL) has released its third-quarter report for the ongoing fiscal year, revealing a Net Loss of Rs. 10.43 crores. In contrast, during the same quarter of the previous fiscal year, the company had recorded earnings of Rs. 1.70 crores. HPPL reported a revenue of Rs. 26.33 crores from the sale of […]
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Nepal’s Trade Deficit Stands at Rs. 12.04 Kharba for First Ten Months of Fiscal Year
Nepal’s trade deficit for the first ten months of the current fiscal year has remained at Rs. 12.04 Kharba, according to the recently released Nepal Trade Statistics by the Department of Customs. This represents a decrease of 15.85% compared to the trade gap of Rs. 14.31 Kharba during the same period in the previous fiscal […]
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Gold Prices Skyrocket by Rs. 800 in Domestic Market
The price of gold has experienced a significant increase of Rs. 800 in the domestic market today. As reported by the Federation of Nepal Gold and Silver Dealers’ Association, the current trading rate for fine gold stands at Rs. 110,000 per tola, compared to yesterday’s rate of Rs. 109,200 per tola. Similarly, Tejabi gold is […]
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