Tag: Crores

  • Karnali Development Bank reports a net profit of Rs 1.7 crores in the third quarter.

    Karnali Development Bank reports a net profit of Rs 1.7 crores in the third quarter.


    Karnali Development Bank Limited (KRBL) has released its unaudited quarterly report for the fiscal year 2079/80’s third quarter.

    The firm recorded a net profit of Rs. 1.7 crores, compared to a net loss of Rs. 1.92 crores in the same period last year.

    When compared to the same quarter last year, the company’s deposits fell by 2.11% to Rs.4.40 Arba, while loans and advances increased by 2.84% to Rs.3.39 Arba. The company’s CAR is now 10.20%, down from 11.12% earlier.

    The bank has Rs. 50.28 crore in paid-up capital. At this capital, the bank’s EPS is Rs. 4.60, and its net worth is Rs. 118.20.

  • NEPSE: Plunged 18.80 points today to settle at 1,885.60 levels, with intraday turnover remaining at Rs 82.85 crores.

    NEPSE: Plunged 18.80 points today to settle at 1,885.60 levels, with intraday turnover remaining at Rs 82.85 crores.


    The NEPSE index finished at 1,885.60 today, down 18.80 points from the previous trading day’s close. This is a 0.99% loss. Last Thursday, the index fell 15.73 points.

    The index began today at 1,904.94 and reached an intraday high of 1,906.66. In contrast, it dropped as low as 1,881.15 before closing at 1,885.60.

    Through 31,415 transactions, 265 scrips changed hands. A total of 2,734,307 shares were traded, totaling Rs. 82.85 crores in turnover. This is less than the previous day’s turnover of Rs. 98.33 Crores.

  • Market Roundup: NEPSE Increases in the Double Digits With Rs 87.21 Crores in Volume

    Market Roundup: NEPSE Increases in the Double Digits With Rs 87.21 Crores in Volume


     

    The NEPSE index closed at 1,920.12 today, up 15.13 points from the previous trading day’s close. This represents a 0.79% increase. Yesterday, the index fell 3.07 points.

    Today, the index began at 1,903.36 and closed at 1,903.28. In contrast, it reached a high of 1,924.40 before settling at 1,920.12.

  • Menchhiyam Hydropower IPO has raised Rs. 92.58 crores as of the third day.

    Menchhiyam Hydropower IPO has raised Rs. 92.58 crores as of the third day.


     

    CDS & Clearing Limited (CDSC) has submitted the statistics of Menchhiyam Hydropower Limited’s public IPO collecting as of 10 a.m. today, Baisakh 06.

    Since the 4th of Baisakh, 2080, the corporation has been issuing 934,915 unit shares of Rs 100 face value as an Initial Public Offering to the general public. This issue’s early closure date is the 7th Baisakh, and if it is not completely subscribed, it can be prolonged until the 19th Baisakh, 2080.

  • NEPSE is down 23.64 points, with a Rs 92 crore intraday turnover.

    NEPSE is down 23.64 points, with a Rs 92 crore intraday turnover.


     

    The NEPSE index finished at 1,908.04 today, down 23.64 points from the previous trading day’s close. This is a 1.22% decrease. Yesterday, the index fell 2.80 points.

    The index opened today at 1,931.84 and reached an intraday high of 1,937.65. In contrast, it dropped as low as 1,904.39 before closing at 1,908.04

     

  • NEPSE lost 0.14% on the first trading day of 2080, while intraday turnover remained at Rs. 97.45 crores.

    NEPSE lost 0.14% on the first trading day of 2080, while intraday turnover remained at Rs. 97.45 crores.


    The NEPSE index finished at 1,931.68 today, down 2.80 points from the previous trading day’s close. This is a 0.14% decrease. Last Thursday, the index fell 29.07 points.

    The index began today at 1,934.51 and reached an intraday high of 1,945.05. In comparison, it dropped as low as 1,918.52 before closing at 1,931.68.

    Through 33,149 trades, 265 scrips changed hands. A total of 3,056,775 shares were traded, totaling Rs. 97.45 crores in turnover. This is less than the previous day’s turnover of Rs. 1.653 Arba.

  • The capital market downturn has resulted in a significant reduction in Hathway Investment Nepal’s profitability.

    The capital market downturn has resulted in a significant reduction in Hathway Investment Nepal’s profitability.


    Hathway Investment Nepal Limited (Hathway), Nepal’s first private-equity investment firm, generated Rs. 1277 million in operating income (OI) in fiscal year 2022. For FY 23, the company has projected an operating income of around Rs. 116 million.

    ICRA Ratings has assigned a long-term rating of LBBB to Hathway for long-term loans totaling Rs. 147.7 million and an A3 rating to the short-term fund totaling Rs. 852.3 million.

     

  • Because of the Liquor Industry’s Boom and Bust Period

    Because of the Liquor Industry’s Boom and Bust Period


     

    Vijay Distillery Private Limited (VDPL), which manufactures liquor brands such as Ruslan Vodka, generated Rs. 2085 million in sales revenue in 2022.

    The company’s revenue has decreased by Rs. 59.3 crores compared to FY 2021. For fiscal year 20/21, the company generated sales revenue of Rs. 2678 crore (Million). VDPL’s profit margin for FY2022 has been tempered by a drop in sales margin, a high debt level, an increase in interest rates amid reduced banking sector liquidity, and an increase in promotional expenses for recently released products.

  • Asian Life Insurance will support the 8.947% dividend.

    Asian Life Insurance will support the 8.947% dividend.


     

    Asian Life Insurance Company Limited (ALICL) has scheduled its 15th Annual General Meeting for the 18th of Baisakh, 2080. The meeting will begin at 11:30 a.m. that day in Hotel Classic Simara, Bara.

    Among the other items on the agenda, the AGM will approve an 8.947% dividend of Rs. 26.01 crores for fiscal year 2078/79. The board of directors decided today (Falgun 30) to distribute 8.50% bonus shares and a 0.447% cash dividend (for tax purposes). The value of the bonus shares is Rs. 24.71 crores, and the cash dividend is slightly more than Rs. 1.30 crores. ALICL’s current paid-up capital is Rs. 2.90 Arba.

     

  • NEPSE fell by 0.44% today to close at 1,866.79; only three sectors closed in the green.

    NEPSE fell by 0.44% today to close at 1,866.79; only three sectors closed in the green.


    The NEPSE index closed at 1,866.79 today, down 8.28 points from the previous trading day’s close. This is a 0.44% decrease. Yesterday, the index rose 8.39 points.

    The index opened today at 1,875.88 and reached an intraday high of 1,888.82. In contrast, it dropped as low as 1,864.51 before closing at 1,866.79.

    Through 23,388 transactions, 269 scrips changed hands. A total of 2,870,819 shares were traded, totaling Rs. 92.06 crores in turnover. This exceeds the previous trading day’s turnover of Rs. 81.6 Crores.

     

  • Chhyangdi Hydropower Company Limited has changed the right share rates from 150% to 100%.

    Chhyangdi Hydropower Company Limited has changed the right share rates from 150% to 100%.


    Chhyangdi Hydropower Company Limited has changed the right share rates from 150% to 100%.

    According to regulatory guidelines, the 93rd meeting of the board of directors of Chhyangdi Hydropower Company Ltd (CHL) convened on Tuesday Chaitra 21, 2079 agreed to issue 100% right shares on a paid-up capital of Rs. 38.67 Crores.

    Earlier, the business sought to issue right shares in the ratio of 150% of the paid-up capital, i.e. 1:1.5, after gaining regulatory permission. Yet, the decision was submitted for approval at the company’s annual general meeting.

  • Sunrise Focused Equity Fund (SFEF) Units Listed in NEPSE

    Sunrise Focused Equity Fund (SFEF) Units Listed in NEPSE


    Sunrise Focused Equity Fund (SFEF) units worth $10 billion have been listed on NEPSE. The fund initially offered just 12 crore units, however the offering was downsized due to a reduced number of applications.

    The “Sunrise Focused Equity Fund” is a closed-end fund with a 10-year maturity horizon. On the 10th of Magh, Sunrise Capital allocated its Sunrise Focused Equity Fund. Nevertheless, the close-ended mutual fund received just 10 crore unit mutual fund applications out of the 12 crores available, forcing the fund manager to decrease the fund’s corpus to Rs 1 Arba.