Citizen

Bonus Shares of Four Companies Listed in NEPSE 1
NEPSE NEWS

Bonus Shares of Four Companies Listed in NEPSE

The NEPSE has listed a total of 26,37,583.15 unit bonus shares of Agricultural Development Bank Limited (ADBL), signaling a significant development for the bank. This comes after the bank’s 16th Annual General Meeting (AGM) held on 14th Chaitra, where a 13% dividend for the fiscal year 2078/79 was endorsed. The Board of Directors (BoD) meeting […]

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NEPSE Index Ends the Day with a 0.18% Loss 3
NEPSE NEWS

NEPSE Index Ends the Day with a 0.18% Loss

The NEPSE index closed today at 1,818.31, reflecting a decrease of 3.34 points or 0.18% from the previous trading day’s closing. Yesterday, the index experienced a more significant loss of 16.96 points. The trading day began with the index opening at 1,821.81. Throughout the day, it reached an intraday low of 1,807.53 and a high […]

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Jyoti Bikas Bank (JBBL) Distributes 3% Bonus Shares and Encourages Dematerialization 5
Business | Market | Economy NEPSE NEWS

Jyoti Bikas Bank (JBBL) Distributes 3% Bonus Shares and Encourages Dematerialization

Jyoti Bikas Bank Limited (JBBL) has recently provided 3% bonus shares directly to the DEMAT accounts of its shareholders and has urged them to convert their physical shares into electronic form through dematerialization. The bank’s move aims to facilitate seamless share transactions and promote the modernization of shareholding processes. During the bank’s 15th Annual General […]

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Mahila Laghubitta Bittiya Sanstha Limited Reports Decline in Q3 Profits 7
Business | Market | Economy

Mahila Laghubitta Bittiya Sanstha Limited Reports Decline in Q3 Profits

Mahila Laghubitta Bittiya Sanstha Limited (MLBSL) has released its third-quarter report for the fiscal year 2079/2080, revealing a net profit of Rs. 5.24 crores. This marks a significant decline of 52.80% compared to the corresponding quarter of the previous fiscal year, which reported a net profit of Rs. 11.11 crores. MLBSL has witnessed a substantial […]

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Balephi Hydropower's Challenging Q3: Net Losses, Administrative Expenses Surge, and Strategies for Financial Recovery 9
Business | Market | Economy

Balephi Hydropower’s Challenging Q3: Net Losses, Administrative Expenses Surge, and Strategies for Financial Recovery

Balephi Hydropower Limited (BHL) has released its third-quarter report for the current fiscal year, revealing a significant net loss of Rs. 23.72 crores. In comparison, during the third quarter of the previous fiscal year 2078/79, the company had reported a net loss of Rs. 6.06 lakhs. During the third quarter of the current fiscal year, […]

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NIC Asia Bank Leads Trading Volume, NIBL Growth Fund Surges, and SALICO Faces Loss: Market Highlights 11
NEPSE NEWS

NIC Asia Bank Leads Trading Volume, NIBL Growth Fund Surges, and SALICO Faces Loss: Market Highlights

NIC Asia Bank Limited (NICA) had the highest trading volume of Rs. 3.04 crores and closed at a market price of Rs. 694.60 per share. The shares of PRVU had the highest trading activity. NIBL Growth Fund (NIBLGF) experienced the highest gain of 9.88% during the day. On the other hand, Sagarmatha Lumbini Insurance Co. […]

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NEPSE Index Records Weekly Loss 13
NEPSE NEWS

NEPSE Index Records Weekly Loss

The NEPSE Index, the stock market index of Nepal, concluded the week at a level of 1,838.59, representing a loss of 31.14 points or 1.67%. This decrease follows a similar 1.67% decline from the previous week when the index closed at 1,869.73. Throughout the week, the index displayed volatility, with a high of 1,872.22 and […]

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Modi Energy Limited IPO Allotment Concludes: Lottery Results Announced 15
IPO | FPO

Modi Energy Limited IPO Allotment Concludes: Lottery Results Announced

The IPO allotment of Modi Energy Limited has been successfully completed at the premises of Sunrise Capital Limited in Kathmandu. The company had issued 55,59,420 units worth Rs. 55.59 crores as Initial Public Offering (IPO) to the general public from Baisakh 19 to 24, 2080. Prior to the IPO, the company had allocated 29,00,000 unit […]

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Sagarmatha Lumbini Insurance Company (SALICO) Lists 26,226,382 Shares After Merger of SIC and LGIL 17
NEPSE NEWS Business | Market | Economy

Sagarmatha Lumbini Insurance Company (SALICO) Lists 26,226,382 Shares After Merger of SIC and LGIL

Sagarmatha Lumbini Insurance Company Limited (SALICO) has listed 26,226,382 shares on the Nepal Stock Exchange (NEPSE) following a successful merger between Lumbini General Insurance Limited (LGIL) and Sagarmatha Insurance Company Limited (SIC). The merger agreement between SIC and LGIL was signed on 30 Ashad, 2079. The swap ratio for the merger was set at 100:80, […]

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Taragaon Regency Hotel Reports Staggering 476.52% Surge in Net Profit for Q3 2079/80 19
Business | Market | Economy

Taragaon Regency Hotel Reports Staggering 476.52% Surge in Net Profit for Q3 2079/80

Taragaon Regency Hotel (TRH) has released its third-quarter report for the fiscal year 2079/80, showcasing a remarkable surge in Net Profit by 476.52% compared to the corresponding quarter of the previous fiscal year. The company has achieved an impressive Net Profit of Rs. 23.88 crores. TRH, the operator of Hyatt Regency Hotel, has also experienced […]

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