• Kumari Bank Limited Promoters Auction 5,392 Shares to the Public

    Kumari Bank Limited Promoters Auction 5,392 Shares to the Public


    The current promoter of Kumari Bank Limited (KBL) has initiated the auctioning of 5,392 units of shares to the general public starting today. Lok Maya Gurung and Tika Ram Sapkota, existing promoters of the bank, are respectively selling 2,305 units and 3,087 units of their promoter shares to interested individuals. Prospective buyers are invited to participate in the auction within a 35-day period from the date of this notice, concluding on 8th Mangsir.

    To submit their bids, shareholders are required to visit the central office of Kumari Bank located in Naxal, Kathmandu. Notably, since no bids were received from the existing founder shareholders within the stipulated timeframe, these shares are now available for auction to the general public.

    As of 23rd November 2023, Kumari Bank Limited (KBL) closed at Rs. 153.90. Additionally, Kumari Bank Limited Promoter Share (KBLPO) had a Last Traded Price (LTP) of Rs. 110.00 as of 9th November 2023.

  • Nepal’s Internal Revenue Collection Costs Rise to 3.38 Paisa per 1000 Rupees in FY 2079/80

    Nepal’s Internal Revenue Collection Costs Rise to 3.38 Paisa per 1000 Rupees in FY 2079/80


    In the fiscal year 2079/80, the Nepalese government conducted a cost analysis, revealing that it incurred a cost of 3.38 paisa to collect 1000 rupees of internal revenue. This analysis was conducted by the Internal Revenue Department (IRD), which reported a total revenue of Rs 4.79 kharba for the year. The departments and subordinate offices associated with revenue collection spent Rs 1.41 arba on current and capital expenditures. Consequently, the cost of tax collection per thousand rupees for the fiscal year amounted to Rs 3.38. This figure marked an increase from the previous year’s 2.23 paisa. The rise is attributed to the department falling short of its revenue target in the preceding year, achieving only 76.58% of the set goal of Rs 6.26 Kharba.

    The overall growth rate of revenue collection for the year was negative by over 10%, primarily influenced by reduced imports and economic relaxation. This decrease in revenue collection exerted pressure on the government’s resource management. Although the target for the fiscal year was set at Rs 14.3 kharba, only Rs 10.10 kharba was collected, representing 72% of the total target.

    The Internal Revenue Department underscores that recent technological advancements in the tax system have contributed to a decrease in the cost per thousand. Additionally, the department asserts that administrative improvements, adherence to expenditure frugality standards, and increased taxpayer participation have all played pivotal roles in reducing costs.

  • NEPSE Weekly Review: Market Trends, Technical Analysis, and Key Insights

    NEPSE Weekly Review: Market Trends, Technical Analysis, and Key Insights


     

    This week, the NEPSE index concluded at 1,860.20, marking an increase of 8.12 points (0.44%) from the previous week’s closing at 1,850.08. The index exhibited a range between 1,816.68 and 1,872.64, indicating a weekly volatility of 55.96 points, slightly higher than the 50.98 points observed in the preceding week. The most significant intraday loss, amounting to 20.68 points, occurred on Wednesday, accompanying a turnover of Rs 1.08 Arba. However, the overall weekly turnover amounted to Rs 4.48 Arba.

    Momentum Indicators:
    The Relative Strength Index (RSI) recorded 43.84 on the daily timeframe and 40.47 on the weekly chart. Meanwhile, the Moving Average Convergence Divergence (MACD) indicators are in the negative zone, with the signal line crossing the MACD line. The MACD reading stands at -25.53.

    The Nepse Index currently resides below both its 5-day and 20-day Moving Averages, signaling a bearish trend that requires further confirmation. Key support is identified in the 1,807 – 1,837 zone, while resistance is anticipated in the 1,925 – 1,945 zone.

    Part 2: Analysis of Key Data

    The week witnessed the highest intraday loss of 23.82 points on Tuesday, accompanying a turnover of Rs 95.04 Crores. The total weekly turnover amounted to Rs. 4.48 Arba, with over 1.56 crore unit shares traded through 1,74,410 transactions. NEPSE’s current market capitalization is Rs. 2,868,120.36 million, equivalent to Rs 2.86 Kharba.

    Performance of NEPSE Index and Sub-indices:
    The NEPSE index experienced a 0.44% decline this week, with only four sector indices closing in the red.

    Stocks with the Highest Monthly Beta:
    Peoples Hydropower Company Limited (PHCL), Ingwa Hydropower Ltd (IHL), and Buddha Bhumi Nepal Hydropower Company Limited (BNHC) are the top three companies with the highest beta, recording 3.087, 2.571, and 2.412, respectively.

    Top Ten Gainers and Losers of the Week:
    Three Star Hydropower Limited (TSHL) emerged as the top gainer, closing at Rs. 381.10 with a notable increment of Rs. 72.40 (23.45%). Prime Commercial Bank Limited Promoter Share (PCBLP) experienced the most significant decline, with its price decreasing by 15.34%, closing at Rs. 122.

    Top Stocks by Turnover, Volume, and Transactions:
    Sonapur Minerals and Oil Limited (SONA) claimed the top position as the most traded company of the week, with shares worth Rs. 30.62 Crores exchanged.

    Top Buyers and Sellers:
    Naasa Securities Pvt. Ltd (Broker No- 58) was the leading buyer broker, investing Rs. 21.14 Crores. Imperial Securities Company Pvt. Ltd. (Broker No- 45) emerged as the top seller broker, selling stocks worth Rs. 31.43 Crores.

    Top 10 Bought and Sold Companies:
    The analysis has been conducted using the SS Pro Software, providing a comprehensive overview of market trends and activities. For more information about the software, refer to the provided link.

  • Please Guide Me to start my journey in NEPSE

    Please Guide Me to start my journey in NEPSE


    Hi, i am a small investor in NEPSE, as if now i only have IPO and few secondary shares whose worth turned 6 figures now . I cannot work as an employee anywhere that i have understood if myself.

    Now, I want to enter this market with some cash and turn my life around. I am willing to put money but I cannot collect sufficient knowledge to make me confident to enter this market all on my own. I have red few books and watched videos but didnt provide me solid support.

    So, guys please help me by guiding or suggesting books about stocks and help me enter this market confidently. Also tell me about your experience on investing or trading in NEPSE is like .

    Books i have read :

    The intelligent investor
    One up wallstreet
    Little books of investing

    Thankyou

    View on r/NepalStock by Initial_Tackle_8636

  • Can i edit applied ipo after verified?

    Can i edit applied ipo after verified?


    Hi everyone, i applied the ipo and wanted to increase the quantity. How can i edit it?

    View on r/NepalStock by OrdinaryConfusion511

  • Top 10 Nepali Banks as per Highest Paid-Up Capital

    Top 10 Nepali Banks as per Highest Paid-Up Capital


    Top 10 Nepali Banks as per Highest Paid-Up Capital

    View on r/NepalStock by notbroker57

  • Himalayan Distillery Limited (HDL) k vako ho??

    Himalayan Distillery Limited (HDL) k vako ho??


    Yo HDL ko stock ko taal k ho, kati ghatna sakeko ho. Do anyone have any idea what is happening with hdl share? Please suggest yr 3100 around ma buy gareko tesh paxi ghateko ghatei xa.

    View on r/NepalStock by Impossible-Rice4165

  • sahayog chaiyo kati samma Apply garna milni ho….

    sahayog chaiyo kati samma Apply garna milni ho….


    yo mutual fund ma chai minimum kati samma apply garni milxa if kaasailai tha xa vane vandinus na??

    View on r/NepalStock by Icy_Appearance5652

  • Aajako andolan ma Durga bro le share nakinnus vanechhan, how you guys think the effects of ongoing scenario in overall Nepse. I am a small investor, but still Investment is investment. Should I sell all and accept loss? Should I wait and watch? What you guys thinking of doing at this moment?

    Aajako andolan ma Durga bro le share nakinnus vanechhan, how you guys think the effects of ongoing scenario in overall Nepse. I am a small investor, but still Investment is investment. Should I sell all and accept loss? Should I wait and watch? What you guys thinking of doing at this moment?


    K garne hola?

    View on r/NepalStock by Trick_Nail_9158

  • Ipo bikeana k bhako hola ??any suggestions

    Ipo bikeana k bhako hola ??any suggestions


    Ipo bechna halya hijo aja dui din bhayo ipo bikdaina price ni kam mai halya thiyo ani buyers ni kam nai thiye k bhako ho yesto ??
    Note : 2 ota demat ko bechna khojda testo bhayo mero ma matra hoki aru ni kasaiko yesto vaxa ???

    View on r/NepalStock by Dajuhere

  • 5000 kitta apply Himalayan reinsurance

    5000 kitta apply Himalayan reinsurance


    Hello guys, maile foreign bata 5000 kitta ipo apply garne soch ma xu yedi undersubscribe vayo vane. 5000 apply Garda kei tension ta hudaina?

    View on r/NepalStock by mrduck788

  • Market Weekend Discussion (Thursday Nov 23 – Saturday Nov 25, 2023)

    Market Weekend Discussion (Thursday Nov 23 – Saturday Nov 25, 2023)


    Use this post to discuss what to buy/sell/trade/avoid/watch this weekend 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)

    ALL OTHER **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