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NEPSE Index Gains 16.54 Points, Closes at 1,866.34 with 0.89% Increase; All Sector Indices Close Green
The NEPSE index experienced a positive day, closing at 1,866.34, with a gain of 16.54 points compared to the previous trading day. This indicates a 0.89% increase. However, the index had faced a decline of 38.83 points in the previous session. The trading day began with an opening value of 1,850.79 for the index, and […]
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IGI Prudential Insurance Limited Lists 30,293,347 Shares on NEPSE
Based on the information provided, it appears that after the merger between IME General Insurance Limited (IGI) and Prudential Insurance Company Limited (PICL), a new entity called IGI Prudential Insurance Limited was formed. The merger agreement was signed on Magh 27, 2079, and the swap ratio was 1:1. Prior to the merger, IGI had a […]
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Life Insurance Companies in Nepal Compete to Increase Premium Collections
Insurance companies in Nepal are competing to increase their premium collections, the amount of money they receive from policyholders. During the first ten months of the fiscal year 2079/80, life insurance companies collected a total of Rs. 1.14 Kharba in premiums from their 1.38 crore active insurance policies. A report from the Nepal Insurance Authority […]
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Rawa Energy Development Limited Launches IPO Offering 643,667 Unit Shares for Public Subscription
Rawa Energy Development Limited has initiated the issuance of 643,667 unit IPO shares, with a face value of Rs 100 per share, starting from today, the 18th of Jestha, 2080. The IPO is set to conclude on the 22nd of Jestha, and if the subscription falls short, the deadline may be extended until the 32nd […]
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Sunrise Bank Limited Promoters Auction 122,045 Units of Shares to Public and Institutions
Sunrise Bank Limited (SRBL) has announced that the existing promoters of the bank will be auctioning 122,045 units of shares to the general public and institutions starting from today, which is the 18th of Jestha, 2080. Initially, the founder shareholders had issued a notice on the 7th of Baisakh, informing about the auction of these […]
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11% Bonus Shares of Support Laghubitta Listed in NEPSE
Support Laghubitta Bittiya Sanstha Limited (SMB) has successfully listed 94,380 unit bonus shares on the Nepal Stock Exchange (NEPSE). This development follows the company’s 8th Annual General Meeting (AGM) held on 4th Chaitra, where an 11.57894737% dividend for the fiscal year 2078/79 was endorsed. During the 189th board of directors meeting on Poush 29, it […]
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Gold Prices Reach All-Time High with Rs. 1500 Single-Day Gain
Gold prices have once again grabbed attention as they reached a record high today. The surge in value amounts to a significant single-day gain of Rs. 1500 compared to yesterday’s price. According to the official website of the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is currently being traded at Rs. 112,000 […]
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NEPSE Index Drops by 2.06% Amidst New Tax Reforms and Investor Concerns
The NEPSE index experienced a decline today, closing at 1,849.79, which marked a decrease of 38.83 points compared to the previous trading day. This equated to a loss of 2.06% in the index value. Over the course of the week, the index has witnessed a decrease of approximately 109.37 points since Sunday. During the week, […]
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Ankhukhola Hydropower Company (AKJCL) Changes Right Share Ratio from 200% to 150%
Ankhukhola Hydropower Company Limited (AKJCL) has recently announced a change in its right share ratio from 200% to 150%. During a board of directors meeting held on Jestha 17, 2080, the decision was made to issue 150% right shares on the company’s paid-up capital of Rs. 80 Crores. This decision aligns with the instructions given […]
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Ghorahi Cement Industry Concludes IPO for Project-Affected Locals, Generating Rs. 3.44 Arba
Ghorahi Cement Industry Limited is concluding the issuance of its Initial Public Offering (IPO) for project-affected locals today. The IPO, which opened on 18th Baisakh, aims to issue 79,43,801 unit shares to the public, including locals, Nepalese citizens working abroad, and the general public. Out of the total issued capital of Rs. 3.97 Arba, 1% […]
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