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Hyundai Kona GL Reveals Affordable Price in Nepal: NPR 59.96 Lakh
Laxmi Continental, the authorized Hyundai dealer in Nepal, has announced the pricing for the Hyundai Kona GL in the Nepalese market. The base model of the Hyundai Kona GL is priced at NPR 59.96 lakhs, while the GL/S variant comes in at NPR 64.96 lakhs. This electric vehicle offers an impressive 305 kilometers of range […]
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Reminder: Today’s the Last Day to Claim Dividends from Five Mutual Funds
Today marks the final opportunity for investors to claim the cash dividends offered by five mutual funds. NMB Hybrid Fund L-1 and NMB 50 have both declared a 15% cash dividend for the fiscal year 2079/80, with their book closure date set on Ashwin 12. Therefore, investors holding units in either of these mutual funds […]
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Gold Falls Rs. 1000 in 48 Hours; Currently at Rs. 111,000 Per Tola
The price of precious gold has fallen by Rs. 800 per tola (fine gold) today when compared to the trading price on Tuesday. According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), fine gold is currently being traded at Rs. 111,000 per tola, marking a decrease from Tuesday’s price of Rs. […]
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Citizen Life Insurance Company IPO Shares Now Listed on NEPSE; Opening Ranges Revealed
Citizen Life Insurance Company Limited (CLI) has successfully listed 37,500,000 IPO shares on the Nepal Stock Exchange (NEPSE). This includes shares held by the company’s promoters as well as those issued to the general public. The initial trading range for these shares is set between Rs. 172.43 and Rs. 517.29. If CLI enters into an […]
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NEPSE Index Drops Significantly, Market Capitalization at Rs. 30.38
In today’s trading session, the Nepal Stock Exchange (NEPSE) Index ended at 2,004.30 points, showing a decrease of 18.60 points or 0.91% compared to the previous day’s close. On Tuesday, the index had risen by 18.45 points. The trading day began with the index opening at 2,023.52, reaching its lowest point at 1,993.46 during the […]
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Mid-Solu Hydropower IPO: 62,117 Applicants Receive 10 Units Each
Today, the allocation of IPO shares for Mid-Solu Hydropower Company Limited has been completed in Kathmandu at the office of the issue manager, NIC Asia Capital Limited. Mid-Solu Hydropower Company had initially offered 6,21,172 IPO shares at a face value of Rs 100 each to the general public. This offering was open from Bhadra […]
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Godrej’s Festival Scheme: Up to 25% Discount and Freebies!
Godrej has introduced a special festival-themed promotion for customers buying their home appliances. Under this scheme, customers will enjoy exclusive cash discounts and other gifts when purchasing Godrej products. Customers can benefit from a generous 25% discount when buying Godrej products. Additionally, customers will receive a 6 kg pack of Arial washing powder when purchasing […]
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IPO Allotment: Chirkhwa Hydropower Allocates Shares to Project-Affected Locals on 8th Ashwin
On Monday, Ashwin 8, the IPO of Chirkhwa Hydropower was allocated to residents affected by the project in Bhojpur District. The distribution of the company’s IPO took place at the office of RBB Merchant Banking Limited, which is overseeing the IPO issuance. Between Shrawan 28th and Bhadra 25th, the company had offered shares to project-affected […]
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NEPSE Ends Trading with 0.92% Gain; Hydropower Sector Surges by 3.09%
In today’s Nepal Stock Exchange (NEPSE) trading session, the NEPSE Index concluded at 2,022.91 points, showing a gain of 18.45 points or 0.92% compared to the previous day’s closing. On Monday, the index had experienced a loss of 5.89 points. The trading day commenced with the index opening at 2,006.64. It reached its lowest point […]
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SEBON’s Stricter Rules for Hydropower Companies: Enhancing Governance and Share Sale Protocols
The Securities Board of Nepal (SEBON) is looking to make important changes to the rules governing hydropower companies, especially regarding the issuance of Initial Public Offerings (IPOs) and right shares. These changes will involve updates to the regulations related to registering and removing hydropower companies. Hydropower companies often raise capital by selling shares to […]
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