Tag: Arba

  • Modi Energy IPO closes today for Nepalese working abroad.

    Modi Energy IPO closes today for Nepalese working abroad.


    Modi Energy Limited is closing its IPO issue to Nepalese citizens working abroad today, 9th Chaitra, and has extended the IPO issue deadline for project-affected locals until 16th Chaitra, 2079. The problem had begun on the 25th of Falgun, 2079.

    The company’s issued capital is Rs. 2.9 Arba, of which 10%, or 29,00,000 unit shares worth Rs. 29 crores, have been distributed to project-affected Parbat District residents. Meanwhile, 15% of the company’s outstanding capital, or 43,50,000 unit shares, will be made available to the general public later. This public offering, which will conclude today, has reserved 10% of the shares totalling 435,000 units for Nepali people working overseas.

  • The NEPSE Index falls 18.15 points to close at 1,915.14; IPO Rookie Stocks MKHC and AHL Make a Positive Circuit

    The NEPSE Index falls 18.15 points to close at 1,915.14; IPO Rookie Stocks MKHC and AHL Make a Positive Circuit


     

    The NEPSE index closed at 1,915.14 today, down 18.15 points from the previous trading day’s close. This represents a 0.94% decrease. Yesterday, the index fell 15.76 points.

    The index opened at 1,933.11 and reached an intraday high of 1,933.56 today. In contrast, it dropped as low as 1,905.96 before closing at 1,915.14.

    Through 29,685 transactions, 259 scrips changed hands. A total of 4,340,270 shares were exchanged for a total of Rs. 1.413 Arba in turnover. This is more than the previous day’s turnover of Rs. 1.333 Arba.

     

  • Imports and exports both fell in the first eight months of fiscal year 1979/80.

    Imports and exports both fell in the first eight months of fiscal year 1979/80.


    The first eight months of Nepal’s fiscal year 2079/80’s foreign trade statistics have been released. According to government data released on Wednesday, Nepal’s trade deficit fell by 17.86 percent to Rs. 9.53 Kharba from Rs. 11.60 Kharba the previous year.

    The trade deficit is the amount by which a country’s imports cost more than its exports.

    One of the major causes of the national economy’s downturn is the trade deficit. Nepal has been experiencing an imbalance in import and export factors.

     

  • Api Power Company Right Shares in SEBON Pipeline; Company to Issue 40% Right Share Soon

    Api Power Company Right Shares in SEBON Pipeline; Company to Issue 40% Right Share Soon


    The Securities Exchange Board of Nepal (SEBON) has added Api Power Company Limited (API) right shares to its preliminary review pipeline.

    The hydropower company intends to issue 40% right shares worth Rs. 1.65 Arba to its existing shareholders in the form of 16,533,137 (1:0.40) units of right shares. API’s current paid-up capital, after adjusting for 7.5% bonus shares, is Rs. 4.13 Arba. As a result, following the issuance of the right share in the ratio of 1:0.40, the company’s paid-up capital will be increased to Rs. 5.78 Arba.

     

  • NEPSE drops 15.76 points to settle at 1,933.29; intraday turnover remains at Rs. 1.333 Arba.

    NEPSE drops 15.76 points to settle at 1,933.29; intraday turnover remains at Rs. 1.333 Arba.


     

    The NEPSE index closed at 1,933.29 today, down 15.76 points from the previous trading day’s close. This represents a 0.81% decrease. This Monday, the index rose 22.65 points.

    The index opened today at 1,952.19 and reached an intraday high of 1,962.94. In contrast, it dropped as low as 1,929.49 before closing at 1,933.29.

    Through 30,485 transactions, 266 scrips changed hands. A total of 3,777,400 shares were traded, totaling Rs. 1.333 Arba in turnover. This is more than the previous day’s turnover of Rs. 1.298 Arba.

     

  • Shine Resunga Development Bank and Lumbini Bikas Bank Bonus Shares Launched on the NEPSE

    Shine Resunga Development Bank and Lumbini Bikas Bank Bonus Shares Launched on the NEPSE


    Shine Resunga Development Bank Ltd (SHINE) has launched 50,28,741.99 unit bonus shares on NEPSE.

    On the 25th Poush, the firm held its 14th AGM and approved a 14% dividend for fiscal year 2078/79. On the 7th of Mangsir 2079, the 266th meeting of the board of directors suggested a 14% dividend from the paid-up capital. The bank has a paid-up capital of Rs. 3.78 Arba. There was a proposal for 13.3% bonus shares worth Rs. 50.28 crores and a 0.7% cash dividend (including tax) of Rs 2.64 crores.

    Today, SHINE finished at Rs. 335.90.

     

  • In the second quarter of fiscal year 2079/80, Himalayan Reinsurance earns a net profit of Rs. 4.63 crores.

    In the second quarter of fiscal year 2079/80, Himalayan Reinsurance earns a net profit of Rs. 4.63 crores.


    Himalayan Reinsurance Limited reported a net profit of Rs. 4.63 crores for the fiscal year 2079/2080’s second quarter. The company’s net profit fell by 62.83% in the second quarter.

    In this quarter, the company’s paid-up capital was Rs. 7 Arba, while its reserve and surplus were Rs. 17.7 Crores.

    This quarter, the company earned Rs. 8.52 crores from investments, loans, and other sources.

     

  • Bindhyabasini Hydropower Development Company’s 5% bonus shares are now listed on the NEPSE.

    Bindhyabasini Hydropower Development Company’s 5% bonus shares are now listed on the NEPSE.


    Bindhyabasini Hydropower Development Company Ltd (BHDC) has launched 5,00,000 units of bonus shares on NEPSE.

    On 22nd Poush, the business had its 6th AGM and approved a 5.02632% dividend for fiscal year 2078/79. The board of directors resolved to issue the dividend on the paid-up capital of Rs. 1 Arba at its meeting on Mangsir 29. A 5% bonus share and a cash dividend of 0.02632% (for bonus share tax purposes) were proposed. NEPSE now lists the same bonus shares.

  • Commercial banks profited Rs. 36 Arba until the end of the fiscal year in Magh.

    Commercial banks profited Rs. 36 Arba until the end of the fiscal year in Magh.


    Statistics reveals that commercial banks combined have achieved a total net profit of Rs. 36 Arba and 89 crores. Nabil Bank is the most profitable of the 22 commercial banks, with a net profit of Rs. 4 Arba and 13 crores. Similarly, NIC Asia Bank had a net profit of Rs. 3 Arba and 67 crores. Global IME Bank, on the other hand, has made a net profit of Rs. 3 Arba and 55 Crores. Agricultural Development Bank, on the other hand, has the lowest net profit of Rs. 10 crores.

    – With the successful merger of Global IME Bank and Bank of Kathmandu, the joint transaction in the name of Global IME Bank began on Poush 25, 2079.

  • The NEPSE is down 6.90 points, with an intraday turnover of Rs 1.069 crore.

    The NEPSE is down 6.90 points, with an intraday turnover of Rs 1.069 crore.


    The NEPSE index finished at 1,926.40 today, down 6.90 points from the previous trading day’s close. This is a 0.36% decrease. Last Thursday, the index fell 5.32 points.

    The index began at 1,933.23 and reached an intraday high of 1,939.43 today. In contrast, it dropped as low as 1,922.22 before closing at 1,926.40.

    Through 30,775 transactions, 259 scrips changed hands. A total of 3,163,389 shares were traded, totaling Rs. 1.069 Arba in turnover. This is less than the previous day’s turnover of Rs. 1.14 Arba.

  • This week, NEPSE lost 69.39 points (3.46%), with a turnover of Rs 6.30 arba.

    This week, NEPSE lost 69.39 points (3.46%), with a turnover of Rs 6.30 arba.


    This week’s NEPSE index closed at 1,933.31, down 69.39 points (3.46%). Last week, the index closed at 2,002.70, up 1.71% from the previous week.

    This week, the index reached a high of 2,016.05 and a low of 1920.10, resulting in 95.95 points of volatility. The previous week’s volatility on the index was 67.20 points.