• NLBBL and MMFDB Merger Finalized: NEPSE Issues Circular on Share Transaction Suspension

    NLBBL and MMFDB Merger Finalized: NEPSE Issues Circular on Share Transaction Suspension


    The final steps for the merger between Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) and Mirmire Laghubitta Bittiya Sanstha Limited (MMFDB) have recently been concluded. In accordance with Section 9 (3) of the Merger and Acquisition Directive 2079 Act, the Nepal Stock Exchange (NEPSE) has issued a circular, officially suspending share transactions of the company as outlined in Section 9 (3) of the Directory 2079.

    The merger agreement between NLBBL and MMFDB, sealed at a swap ratio of 1:1, has determined the formation of a new entity named “Nerude Mirmire Laghubitta Bittiya Sanstha Limited.” This new company is slated to commence joint operations on Falgun 30, marking the beginning of a consolidated business approach.

    Currently, NLBBL holds a paid-up capital of Rs. 73.20 Crores, while MMFDB’s paid-up capital stands at Rs. 66.57 Crores. The merger signifies a strategic combination of financial strengths and resources from both entities, aiming to enhance their overall market position and operational capabilities.

    In the current scenario, NLBBL and MMFDB are valued at Rs. 595.00 and Rs. 580.00, respectively, based on their Last Traded Prices (LTP). This reflects the market’s anticipation and response to the forthcoming merger, showcasing potential implications for the stock values of the involved entities.

  • NEPSE Index Surges 2.85%: Finance Ministry’s Commitment Boosts Confidence in Nepalese Stock Market

    NEPSE Index Surges 2.85%: Finance Ministry’s Commitment Boosts Confidence in Nepalese Stock Market


    The Nepal Stock Exchange (NEPSE) Index demonstrated a noteworthy surge, gaining 58.58 points or 2.85% compared to the previous day’s closing, concluding at 2,111.24 points. In the preceding trading session, the index had also experienced a positive trend, accumulating a gain of 22.10 points. The day’s trading activities commenced with the index opening at 2,065.63, touching an intraday low of 2,064.08, and reaching an intraday high of 2,111.24, ultimately settling at this peak as the closing figure.

    Acknowledging the pivotal role of the stock market in the nation’s economic development, the Finance Ministry emphasized the necessity for a collective effort to address prevailing issues and expedite initiatives. The unwavering commitment of the finance minister towards enhancing the stock market has created a positive atmosphere, fostering growth and confidence within the sector.

    In the course of today’s trading, a total of 305 different stocks were exchanged through 82,746 transactions. The volume of shares traded amounted to 10,609,597 with a total turnover of Rs. 4.55 Arba. The market capitalization stood at Rs. 33.18 Kharba, with a float market capitalization of Rs. 11.30 Kharba.

    SHIVAM CEMENTS LTD (SHIVM) emerged as the top performer in terms of turnover, reaching Rs. 37.19 crores and closing at a market price of Rs. 554.

    Five companies experienced a positive circuit today, contributing to the overall optimistic market sentiment. On the contrary, Himalayan 80-20 (H8020) recorded the highest loss of 2.57%, followed by Molung Hydropower Company Limited (MHCL) with a loss of 2.53%.

    Notably, all sector indices concluded in the green, with the “Life Insurance Index” leading the pack with the highest gain of 5.44%, while the “HydroPower Index” recorded the least gain at 0.99%. This robust performance across various sectors reflects a positive trajectory in the Nepalese stock market.

  • What are the best swing trading stocks of Nepal?

    What are the best swing trading stocks of Nepal?


    The best should be having large swings i.e good volatility and good liquidity.

    View on r/NepalStock by UKtheAsian

  • is power of compounding real?never heard anyone from nepal getting wealthy from it

    is power of compounding real?never heard anyone from nepal getting wealthy from it


    if I buy at dips and regular sips without zero knowledge of the market .. will this strategy work longterm?

    View on r/NepalStock by Professional-Age3963

  • American social media company “Reddit ” to issue IPO

    American social media company “Reddit ” to issue IPO


    Reddit is going to issue IPO worth 75 crore American dollar. it is going to issue 2.2 crore units to general public at per unit price in range of $31-35.

    An additional 17.6 lakhs are issued for redditors and moderators.

    View on r/NepalStock by Additional_Coffee_84

  • Daily Discussion Thread (Tuesday – Mar 12, 2024)

    Daily Discussion Thread (Tuesday – Mar 12, 2024)


    Use this post to discuss what to buy/sell/trade/avoid/watch today and in the coming days.

    As always, the rules still apply.

    **Have a TMS or Meroshare issue? Query about EDIS or collateral? Ask here instead of creating another thread. All queries regarding TMS, MeroShare, Broker issues, EDIS, Settlement and Payments should be asked here.** >!DO NOT create another post.!<

    BEGINNER? [**Go here first!**](https://www.reddit.com/r/NepalStock/wiki/beginners-guide)

    DO NOT MAKE SEPARATE **INDIVIDUAL** POSTS ASKING:

    * what to buy or sell,
    * or what bank to buy,
    * or what insurance to buy,
    * yo share kati samma mathi jancha hola
    * IPO ma pareko yo share kun din bechda ramro hola, ajhai 1-2 din parkhine ki nai etc.

    will be deleted. Repeat violators will be banned.

    Happy Investing!

    View on r/NepalStock by AutoModerator

  • Upper not allotted auction share refund issue

    Upper not allotted auction share refund issue


    So, I live far from my home town,I had urged my father to apply for auction share for UPPER.Sadly, he was not allotted with share and now he is complaining that he didn’t got the refund money till now . Can anyone explain how to get the refund or whom to contact? to get the refund

    View on r/NepalStock by utabchadab

  • Daily Discussion Thread (Monday – Mar 11, 2024)

    Daily Discussion Thread (Monday – Mar 11, 2024)


    Use this post to discuss what to buy/sell/trade/avoid/watch today and in the coming days.

    As always, the rules still apply.

    **Have a TMS or Meroshare issue? Query about EDIS or collateral? Ask here instead of creating another thread. All queries regarding TMS, MeroShare, Broker issues, EDIS, Settlement and Payments should be asked here.** >!DO NOT create another post.!<

    BEGINNER? [**Go here first!**](https://www.reddit.com/r/NepalStock/wiki/beginners-guide)

    DO NOT MAKE SEPARATE **INDIVIDUAL** POSTS ASKING:

    * what to buy or sell,
    * or what bank to buy,
    * or what insurance to buy,
    * yo share kati samma mathi jancha hola
    * IPO ma pareko yo share kun din bechda ramro hola, ajhai 1-2 din parkhine ki nai etc.

    will be deleted. Repeat violators will be banned.

    Happy Investing!

    View on r/NepalStock by AutoModerator

  • NEPSE Surges by 22.10 Points, Closing at 2,052.65 with Microfinance Leading Green Sector Rally

    NEPSE Surges by 22.10 Points, Closing at 2,052.65 with Microfinance Leading Green Sector Rally


    The Nepal Stock Exchange (NEPSE) Index recorded a significant gain of 22.10 points, equivalent to 1.08%, surpassing the previous day’s closing to settle at 2,052.65 points. In the preceding trading session, the index had registered a gain of 13.51 points.

    Commencing the trading day, the index opened at 2,032.58, touching an intraday low of 2,032.58, and achieving an intraday high of 2,061.20.

    Throughout the day’s trading activities, 304 different stocks were traded in 56,726 transactions. The volume of shares traded totaled 7,043,457, with a cumulative turnover of Rs. 2.92 Arba. The market capitalization stood at Rs. 32.26 Kharba, and the float market capitalization was Rs. 10.97 Kharba.

    SHIVAM CEMENTS LTD (SHIVM) emerged with the highest turnover, amounting to Rs. 22.93 crores, and concluded at a market price of Rs. 537.

    Among the gainers, Wean Nepal Laghubitta Bittiya Sanstha Limited (WNLB) and Jalpa Samudayik Laghubitta Bittiya Sanstha Limited (JALPA) exhibited the most substantial gain of 10%, followed by Mahuli Laghubitta Bittiya Sanstha Limited (MSLB) with an 8.72% gain.

    On the downside, Chirkhwa Hydropower Limited (CKHL) incurred the highest loss of 7.06%, trailed by Peoples Hydropower Company Limited (PHCL) with a loss of 6.95%.

    In the sector indices, only the HydroPower Index concluded in the red, while the “Microfinance Index” demonstrated the most significant gain of 4.21%. The “HydroPower Index” experienced a marginal loss of 0.12%

  • Nepal’s Macroeconomic Snapshot: Resilient Remittances, Forex Stability, and Balanced Trade Dynamics in the First Seven Months of 2023/24

    Nepal’s Macroeconomic Snapshot: Resilient Remittances, Forex Stability, and Balanced Trade Dynamics in the First Seven Months of 2023/24


    The Nepal Rastra Bank (NRB), the central bank of Nepal, has presented an overview of the country’s macroeconomic and financial situation based on data from the first seven months, ending mid-February of 2023/24.

    Overall

    According to NRB, the inflation rate was estimated at 5.01% on a year-on-year basis. The gross foreign exchange reserves reached USD 13.89 billion. Total imports decreased by 2.3%, exports by 7.1%, and the trade deficit by 1.8%. The NEPSE index stood at 2101.16.

    Inflation

    Year-on-year consumer price inflation moderated to 5.01% in mid-February 2024, compared to 7.88% a year ago. Wholesale price inflation stood at 2.82% in mid-February 2024.

    Import and Export

    Merchandise exports decreased by 7.1% to Rs. 86.83 billion, while merchandise imports decreased by 2.3% to Rs. 897.94 billion. The total trade deficit decreased by 1.8% to Rs. 811.11 billion.

    Services and Remittance

    Net services income remained at a deficit of Rs. 37.26 billion, while remittance inflows increased by 21.6% to Rs. 839 billion.

    Inter-bank Transaction

    BFIs inter-bank transactions amounted to Rs. 2872.44 billion. The price of oil decreased to USD 83.88 per barrel, and the price of gold increased to USD 2015.20 per ounce.

    Foreign Exchange Reserves

    Gross foreign exchange reserves increased to Rs. 1844.94 billion. Reserves held by NRB and other institutions increased, and the Indian currency’s share in total reserves stood at 22.6%.

    Exchange Rate

    The Nepalese currency depreciated by 1.05% against the US dollar.

    Nepal Government Expenditure and Revenue

    Total government expenditure stood at Rs. 686.75 billion, with revenue mobilization reaching Rs. 567.40 billion.

    Cash Balance of Government

    The cash balance at various accounts of the Government of Nepal (GoN) maintained with NRB stood at Rs. 215.26 billion.

    Banking

    Domestic credit increased by 3.2%, deposits at Banks and Financial Institutions (BFIs) increased by 7.0%, and private sector credit from BFIs increased by 4.1%.

    Interest Rates

    Average base rates of commercial banks, development banks, and finance companies stood at 9.06%, 11.13%, and 12.70%, respectively.

    Balance of Payments

    The Balance of Payments (BOP) remained at a surplus of Rs. 297.72 billion.

  • Upper Tamakoshi Hydropower Lists 10,590,000 Units of Right Shares on NEPSE

    Upper Tamakoshi Hydropower Lists 10,590,000 Units of Right Shares on NEPSE


    A total of 10,590,000 units of right shares from Upper Tamakoshi Hydropower Limited (UPPER) have been officially listed on the Nepal Stock Exchange (NEPSE). The company had previously issued a 1:1 ratio of right shares, amounting to 10,590,000 units, made available to its shareholders during the period from the 18th of Bhadra to the 22nd of Ashwin, 2080. However, only 8,888,047 units were subscribed by eligible shareholders, and the remaining 1,701,953 units of unsubscribed right shares were subsequently auctioned from the 13th to the 29th of Poush, 2080.

    The auctioned right shares, which did not find subscribers during the initial offering, were sold at a cut-off price of Rs. 147. As a result, the total paid-up capital of Upper Tamakoshi Hydropower Limited now stands at Rs. 21.18 billion. The listing of these 10,590,000 units of right shares on NEPSE has been completed, and Sunrise Capital Limited acted as the auction manager for the company.

    As of the latest information, the Last Traded Price (LTP) for UPPER on the stock exchange is Rs. 205.00.

  • Yo locallai varna milney IPO ma mancheharule faida liraheyko chaina ki k ho ???

    Yo locallai varna milney IPO ma mancheharule faida liraheyko chaina ki k ho ???


    Kunai kunai ma undersubscribe vayera max 1 lakh Kitta varrna milney Pani variraheyko hunna…3 yr ko lock-in period vayepani 2x or even 3x ta huncha nai 100 ghati ta jadaina…jyapai 1 carod Halna paye ta faida hunthyo Haina Ra…k ho esko downside…am I missing something ?

    View on r/NepalStock by Puzzleheaded_side923