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Higher Operating and Interest Expenses Caused a 95.81% Drop in Ridi Power’s Net Profit Company to Issue 50% Right Shares
Ridi Power Company Limited (RIDI) reported a 95.81% decrease in net profit in the second quarter (Q2) of the current fiscal year 2079/80. Profit declined to Rs. 1.96 crores in this quarter from Rs. 46.98 crores in the previous year’s equivalent quarter. In this quarter, the firm recorded total income of Rs. 18.92 crores, a […]
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Shuvam Power’s first public offering allocation will end tomorrow morning; 48,188 lucky applicants will receive 10 units each.
Tomorrow morning, or on Magh 27, 2079, Shuvam Power Limited’s (SHUVAM) initial public offering (IPO) will take place. On the property of the issue manager, Muktinath Capital Limited, in Naxal, the allotment program will take place. From the 18th Magh to the 22nd Magh, the company distributed 481,882 units of shares with a face value […]
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Molung Hydropower Company Allotted Shares to Project-Affected Locals and Nepalese Working Abroad on the 24th of Magh.
Molung Hydropower Company Limited has distributed IPO shares to project participants and Nepalese citizens working abroad. The allotment program ended on the 24th of Magh, 2079, and money will be refunded to non-allottee applicants beginning on the 29th of Magh, 2079. The company’s issued capital is Rs. 80.25 crores, of which 10%, or 8,02,500 unit […]
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Sahas Urja’s net profit fell 37.26% in the second quarter.
Sahas Urja Limited’s net profit fell 37.26 percent in the second quarter of the current fiscal year 2079/80. The hydroelectric firm reported in its unaudited financial report for the second quarter published today that its net profit declined to Rs 21.59 crore in the second quarter of the fiscal year 2079/80 from Rs 34.42 crore […]
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The price of gold has risen by Rs 500 per tola.
Today’s gold price has risen by Rs. 500 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading for Rs. 104,600 per tola. Yesterday, the tariff remained unchanged at Rs. 104,100 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 104,100. In contrast, the […]
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Shuvam Power IPO has received Rs. 1.51 Arba from 13.64 lakh applicants as of the last day.
Shuvam Power Limited (SHUVAM) offered 481,882 units of shares valued at Rs. 4.81 crores to the general public as part of their Initial Public Offering (IPO) from the 18th to the 22nd of March, 2079. Out of the entire 580,580 units, 10%, or 58,058 units, have already been issued and assigned to Nepalese people working […]
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Sanima Mai Hydropower Reports an 11.36% Drop in Net Profit
Sanima Mai Hydropower Company Limited (SHPC) reported an 11.36% decrease in net profit in the second quarter (Q2) of fiscal year 2079/80. Profit declined to Rs. 32.92 crores in this quarter from Rs. 37.14 crores in the previous year’s equivalent quarter. Revenue from the sale of electricity has declined by 12.4% when compared to the […]
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Gold falls Rs. 1,400 from its all-time high, trading at Rs. 106,100 per tola today.
Today’s gold price has dropped by Rs. 1,400 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 106,100 per tola. Yesterday, the rate remained unchanged at Rs. 107,500 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 105,600. In contrast, the […]
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Purwanchal Lube Oil (PLO) Will Publish an Initial Public Offering (IPO); Prabhu Capital Limited Will Serve as Issue and Sales Manager
Purwanchal Lube Oil (PLO) plans to issue 500,000 equity shares to the general public through an initial public offering (IPO), with Prabhu Capital Limited serving as the share issue and sales manager. On Magh 18, 2079, the two parties’ contract was completed. The agreement was signed by Mr. Bholeshwar Dulal, Managing Director of Purwanchal Lube […]
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Gold sets a new all-time high; gains Rs 1200 per tola in a single day to trade at Rs 107,500.
In the Nepalese market, the price of gold has reached an all-time high. The gain for today is the result of a Rs. 1200 single-day gain from yesterday’s price. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 107,500 per tola. Yesterday, the rate […]
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