The NEPSE Index in Nepal witnessed a decline of 10.25 points or 0.48% from the previous day, settling at 2,088.04 points. In the prior trading session, the index had incurred a loss of 0.40 points. The market opened today with the index at 2,098.97, reaching an intraday low of 2,083.45, and hitting a high of […]
Prabhu Bank Limited (PRVU) has declared that it will not be issuing any dividends for the Fiscal Year 2079/80. The decision was reached during the Board Meeting held on Magh 08, 2080. It is important to note that the distribution of dividends is contingent upon the approval of the financial statements by Nepal Rastra Bank
Ghalemdi Hydro Limited (GHL) has initiated the auction of its unclaimed right share portion starting today, 9th Magh, and concluding on 23rd Magh, 2080. The company is auctioning 32,17,724 units of ordinary right shares, representing the unclaimed segment from its previous 1:2 ratio right share issue, conducted from 10th Mangsir to 16th Poush, 2080. Only
The Nepal Stock Exchange (NEPSE) Index concluded with a marginal loss of 0.40 points or 0.01% compared to the previous day, settling at 2,098.29 points. In the preceding trading session, the index had faced a more substantial loss of 31.49 points. The day commenced with the index opening at 2,096.99 and fluctuated throughout, hitting an
Nepal Life Insurance Company Limited (NLIC) announces its decision to forgo the distribution of dividends for the Fiscal Year 2078/79, following the resolution made during its 367th Board Meeting held on Magh 7, 2080. The company, subject to approval from the regulatory authority, Nepal Insurance Authority, and the impending Annual General Meeting, has opted
The NEPSE Index in Nepal witnessed a decline of 25.63 points, equivalent to 1.18% from the previous day’s closing, concluding at 2,130.18 points. The preceding trading session had incurred a loss of 7.24 points for the index. The market commenced today with an opening index of 2,156.52, reaching an intraday low of 2,123.86, and attaining
n the recent trading week, the NEPSE index closed at 2,155.82, marking a notable 3.20% gain from the previous week’s closing at 2,088.99. The index experienced volatility, ranging from 2,093.46 to 2,215.29, with a fluctuation of 121.83 points. Key indicators, such as the RSI and MACD, suggest a bullish trend, but further confirmation is needed.
United Ajod Insurance Limited (UAIL) has put forth a proposal for a 10.8013% dividend for the fiscal year 2079/80. This decision was reached during a board of directors meeting held on Magh 04. The proposed dividend distribution includes 10.2612% in bonus shares and 0.5401% in cash dividend, the latter being designated for tax-related purposes. The
Reliable Nepal Life Insurance Limited (RNLI) has scheduled its 7th Annual General Meeting (AGM) to take place on the 29th of Magh, 2080. The venue for the meeting is Lisara Banquet in Gyaneshwor, Kathmandu, commencing at 11 AM on the specified day. One of the key items on the AGM’s agenda is the approval of
Lower Erkhuwa Hydropower has enlisted Muktinath Capital Ltd. as the manager overseeing both the issuance and sales of its Initial Public Offering (IPO) shares. The company intends to release 2,805,750 ordinary shares to the general public at a face value of Rs. 100 per share, constituting 21.5% of its overall issued capital, which amounts to
Arun Valley Hydropower Development Company Limited (AHPC) has announced that the book closure date for its 100% right shares is set for the 15th of Magh, 2080. This means that only shareholders maintained until Magh 14 will be eligible to participate in the rights offering. The company plans to issue 100% right shares with a
Muktinath Bikas Bank effectively conducted its 17th Annual General Meeting in Pokhara on the 28th day of Poush, 2080 B.S. During the meeting, the approval was granted for the annual report of the fiscal year 2079/80, and a dividend distribution of 10.26% to shareholders was endorsed. This dividend comprises 9.75% in bonus shares and 0.51%
