The current owner of Kumari Bank Limited (KBL) is initiating an auction for the sale of 100,000 units of shares exclusively to its existing promoter…
Tag: Business
Gold Prices Surge by Rs. 700 Per Tola in Nepali Market
The price of gold, a highly valued precious metal, has witnessed a notable increase of Rs. 700 per tola compared to the trading price recorded…
Chirkhwa Hydro Power Limited Successfully Allots IPO Shares to Strong Demand, Achieving Oversubscription
The IPO allotment of Chirkhwa Hydro Power Limited has been successfully concluded at the offices of the issue manager, RBB Merchant Banking Limited in Kathmandu….
NEPSE Index Declines, Marking Lowest Close in Six Months Amid Market Downturn
The Nepal Stock Exchange (NEPSE) Index concluded at 1,847.70 points, recording a loss of 10.86 points, which represents a 0.58% decrease compared to the previous…
Nepal’s OTC Market Witnesses Surge in Trading Activity in Current Fiscal Year
During the initial quarter of the current fiscal year, Nepal’s stock market saw a notable increase in over-the-counter (OTC) trading activity, registering a turnover of…
Gold Price Drops by Rs. 1,000 per Tola in Nepali Market, Silver Also Sees a Decline
The price of gold has seen a significant drop today, declining by Rs. 1,000 per tola. As reported on the official website of the Federation…
Multiple Citizens Mutual Funds Report NAV Changes and Financial Updates for Ashwin
The “Citizens Super 30 Mutual Fund (C30MF),” a closed-end fund with a 10-year maturity, has released its Net Asset Value (NAV) report for the month…
Lumbini Bikas Bank Promoter Initiates Auction for 37,319 Shares to Existing Shareholders
The current promoter of Lumbini Bikas Bank Limited (LBBL) is initiating an auction for 37,319 units of shares to be exclusively offered to existing promoter…
Kathmandu Metropolitan City Sees Significant Revenue Increase, Collects Rs 1.17 Billion in Two Months
Over the past two months, the Kathmandu Metropolitan City (KMC) has amassed a revenue of Rs 1.17 billion, marking a significant increase of nearly Rs…
NEPSE Index Records Modest Loss as Sonapur Minerals Leads Trading Activity
The Nepal Stock Exchange (NEPSE) Index concluded at 1,858.56 points, registering a slight loss of 5.83 points or 0.31% compared to the previous day’s closing….
Nabil Equity Fund (NEF) Nearing Maturity with Consistent Dividends for Investors
Nabil Equity Fund (NEF), a closed-end mutual fund with a 7-year duration and a total size of Rs. 1.25 Arba, is set to reach its…
Kumari Bank Limited Promoters Auction 5,30,000 Shares at Rs. 101 Minimum Rate for Public and Institutions
Starting today, the existing promoters of Kumari Bank Limited (KBL) have initiated the auction of 5,30,000 units of shares, making them available to both the…