Business
Sanima Bank Lists 1,12,14,103.55 Units of Bonus Shares on NEPSE
Sanima Bank Limited (SANIMA) has successfully listed 1,12,14,103.55 units of bonus shares on the Nepal Stock Exchange (NEPSE). This follows the company’s 19th Annual General Meeting (AGM) held on 2nd Kartik, 2080, where a dividend of 14.7% for the fiscal year 2079/80 was endorsed. The proposed dividend included 9% bonus shares and a 5.7% cash […]
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Upper Tamakoshi Hydropower Limited Initiates Auction for Unclaimed Right Shares
Upper Tamakoshi Hydropower Limited (UPPER) is currently conducting an auction for its unclaimed right shares, which commenced on the 13th of Poush and is scheduled to conclude on the 29th of Poush, 2080. The auction involves 1,70,19,530 units of ordinary right shares, representing the remaining portion of the rights offering issued by the company. The […]
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Machhapuchchhre Bank Limited Promoter Initiates Auction of Significant Shares
The current promoter of Machhapuchchhre Bank Limited (MBL) has initiated the auction of 1,12,32,492 units of shares, commencing today. Surendra Mahato, the promoter, is set to sell this significant portion, representing approximately 18.95% of the total promoter shares or 51% ownership in MBL. In the context of the total 11.62 Crore units of shares listed […]
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Vishal Group Limited Initiates Auction of 15,00,000 Promoter Shares of Nepal Reinsurance Company Limited (NRIC) with NIC Asia Capital as Auction Manager
Vishal Group Limited has initiated the auction of 15,00,000 units of promoter shares belonging to Nepal Reinsurance Company Limited (NRIC). The auction, which commenced today on the 24th of Poush, is set to continue until the 29th of Magh, 2080. The auction specifically involves 15,00,000 units of promoter shares from Nepal Reinsurance Company Limited, and […]
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Gold Prices in Nepalese Market Dip by Rs. 200 per Tola Today
The price of gold witnessed a decrease of Rs. 200 per tola today, according to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). The current trading rate for fine gold, as reported by FENEGOSIDA, is Rs. 1,18,600 per tola, reflecting a decline of Rs. 200 compared to the previous day’s trading price of […]
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NMB Bank and HIDCL to Invest 7.40 Arba Rupees in Upper Modi A Hydropower Project
NMB Bank and the Hydroelectricity Investment and Development (HIDCL) Company have jointly committed a substantial investment of 7.40 Arba rupees towards the Upper Modi A hydropower project. In this collaboration, NMB Bank will contribute 4.40 Arba rupees, while HIDCL will invest 3 Arba rupees. The signing of a tripartite loan agreement formalized this partnership, witnessed […]
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NEPSE Index Gains 1.00%, Led by Strong Performances in Various Sectors
The Nepal Stock Exchange (NEPSE) Index displayed a positive trend, registering a gain of 20.62 points or 1.00% compared to the previous day’s closing, concluding at 2,080.12 points. This follows a previous trading day where the index experienced a gain of 36.57 points. The market opened today with the index starting at 2063.56, fluctuating between […]
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Gold Prices in Nepal Decline by Rs. 700 per Tola, Silver Sees a Decrease of Rs. 5
The price of gold witnessed a decline of Rs. 700 per tola today, according to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). The current trading rate for fine gold is reported to be Rs. 1,18,800 per tola, reflecting a decrease of Rs. 700 compared to the previous day’s trading price of Rs. […]
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NEPSE Index Soars by 1.80% in Today’s Trading Session: Highlights of Positive Market Momentum
The Nepal Stock Exchange (NEPSE) Index demonstrated a substantial increase of 36.57 points, equivalent to 1.80%, compared to the previous day’s closing, settling at 2,059.49 points. This positive shift follows a downturn of 26.36 points in the preceding trading session. The day commenced with the index opening at 2025.89, registering an intraday low of 2,025.62, […]
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NEPSE Index Surges by 1.80% in Today’s Trading: Positive Momentum and Notable Market Highlights
The Nepal Stock Exchange (NEPSE) Index witnessed a notable gain of 36.57 points, equivalent to 1.80%, compared to the previous day’s closing, concluding at 2,059.49 points. This positive momentum follows a loss of 26.36 points in the previous trading session. The day started with the index opening at 2025.89, touching an intraday low of 2,025.62, […]
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