Corporate
Nepal Rastra Bank Reports Stable Macroeconomic Indicators and Financial Trends for Mid-January 2023/24
The Nepal Rastra Bank, the central bank of Nepal, has disclosed the current macroeconomic and financial state of Nepal based on data from the first six months ending mid-January 2023/24. The overall assessment reveals that inflation remained at 5.26% on a year-on-year basis, and the gross foreign exchange reserves reached USD 13.69 billion. Total imports […]
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Reliable Nepal Life Insurance Limited (RNLI) Records Strong Q2 Performance with 4.97% Surge in Net Profit
Reliable Nepal Life Insurance Limited (RNLI) has recently announced a noteworthy 4.97% increase in its net profit, reaching Rs. 23.09 crore in the current quarter, as opposed to Rs. 22 crore in the corresponding quarter of the previous year. The company, with a paid-up capital of Rs. 4 Arba and a share premium of Rs. […]
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SuryaJyoti Life Insurance Shines with 62.93% Net Profit Surge in Q2; EPS Reaches Rs. 10.41
SuryaJyoti Life Insurance Company Limited (SJLIC) has revealed impressive second-quarter results for the fiscal year 2080/2081, displaying a significant 62.93% increase in net profit. The net profit surged to Rs. 23.66 crores, marking a notable rise from Rs. 14.52 crores in the same quarter last year. Examining SJLIC’s financial standing, the company boasts a […]
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Siddhartha Premier Insurance Proposes 11% Cash Dividend for FY 2079/80
Siddhartha Premier Insurance Limited (SPIL) has proposed an 11% cash dividend totaling Rs. 30.87 Crores for the fiscal year 2079/80. In a decision made during the 19th board of directors meeting on Magh 21, SPIL announced the distribution of an 11% cash dividend, inclusive of tax, amounting to Rs. 30.87 crores. The company’s current paid-up […]
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NMB Laghubitta (NMBMF) Records Significant Q2 2080/81 Net Loss with 58.91% Increase in NPL
NMB Laghubitta Bittiya Sanstha Limited (NMBMF) recently revealed its second-quarter financial report for the fiscal year 2080/81, showing a noticeable decline in net profitability. The company reported a significant net loss of Rs. 6.75 Crore, a sharp contrast to the Rs. 13.53 lakhs recorded in the same quarter of the previous year. The financial figures […]
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Dordi Khola Hydropower Taps Sanima Capital as Issue Manager for 1:1 Rights Offering
Dordi Khola Hydropower Company Limited (DORDI) has selected Sanima Capital Limited as the exclusive issue manager for its upcoming 1:1 ratio rights issue, according to an announcement from the Nepal Stock Exchange (NEPSE). In the upcoming rights issue, the hydropower company plans to issue 10,542,604 (1:1) units of right shares, equal to 100% of its […]
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Nepal Investment Mega Bank to Issue Rs. 4.40 Arba “10% NIMB Debenture 2090” from 1st Falgun
Nepal Investment Mega Bank Limited (NIMB) has released an offer letter announcing the issuance of 40,40,000 units of “10% NIMB Debenture 2090” to the general public. This debenture comes with a 10-year maturity period and a 10% coupon rate, and the application period is set from 1st Falgun to 4th Falgun, 2080. In case of […]
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NEPSE Up by 14.57 Points, Intraday Turnover Drops; Other Indices Gain 4.68%
The NEPSE Index experienced a positive movement, gaining 14.57 points or 0.70% from the previous day, closing at 2,076.27 points. In contrast, the day before had witnessed a decline of 5.31 points. The market kicked off today with the index opening at 2,063.93. Throughout the day, it fluctuated, hitting a low of 2,060.55 and reaching […]
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Last Day to Secure Dividend from United Ajod Insurance and Right from Ridi Power
Today marks the final opportunity to secure the 10.8013% dividend offered by United Ajod Insurance Limited (UAIL). The company has scheduled its 30th Annual General Meeting (AGM) for the 6th of Falgun, 2080. The AGM will take place at Anmol Banquet in Shankhamul, Kathmandu, starting at 11:00 AM. In a board meeting held on Magh […]
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Asian Life Insurance Plans 42% Right Shares Post Bonus Adjustment for Capital Needs
Asian Life Insurance Company Limited (ALICL) has decided to issue 42% right shares after adjustments, as confirmed in their Board of Directors meeting on Friday, Magh 19. This adjustment takes into account the allocation of 7.75% bonus shares from the current paid-up capital of Rs. 3.15 Arba. With the inclusion of bonus shares, the […]
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