Tag: Day

  • Last Day to Secure Dividend from United Ajod Insurance and Right from Ridi Power

    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 04, the directors decided to distribute a 10.8013% dividend for the fiscal year 2079/80. This dividend comprises 10.2612% in bonus shares and 0.5401% in cash dividend (for tax purposes). Currently, the company’s paid-up capital stands at Rs. 1.90 Arba.

     

  • Last Trading Day for Himalayan Everest Insurance Dividend – Act Now!

    Last Trading Day for Himalayan Everest Insurance Dividend – Act Now!


    Investors of Himalayan Everest Insurance Limited (HEI) are urged to seize the opportunity as today marks the final day to avail the enticing 15% dividend proposed by the company. The decision was reached during the 317th board of directors meeting on Poush 25, where it was resolved to distribute dividends based on the paid-up capital of Rs. 2.30 Arba.

    In this generous dividend offering, HEI is proposing an 8.63% bonus in the form of shares, amounting to Rs. 19.86 crore, along with an additional 6.37% cash dividend, inclusive of tax, totaling Rs. 14.66 crore. This announcement follows the company’s commitment to rewarding its shareholders for their continued support and investment in the organization.

    Furthermore, HEI has called for its 30th Annual General Meeting (AGM) scheduled for 25th Magh, 2080, at Baneshwor Banquet, Thapagaun, commencing at 11 AM. This AGM serves as a crucial platform for stakeholders to gain insights into the company’s performance, future plans, and financial outlook. Investors attending the meeting will have the opportunity to actively participate in discussions that shape the trajectory of Himalayan Everest Insurance Limited.

     

  • Nepal Stock Exchange (NEPSE) Reports a 0.48% Dip in Index

    Nepal Stock Exchange (NEPSE) Reports a 0.48% Dip in Index


    The NEPSE Index in Nepal witnessed a decline of 10.25 points or 0.48% from the previous day, settling at 2,088.04 points. In the prior trading session, the index had incurred a loss of 0.40 points. The market opened today with the index at 2,098.97, reaching an intraday low of 2,083.45, and hitting a high of 2,120.46.

    During the day’s trading activities, 311 different stocks were traded in 90,210 transactions, involving a total volume of 11,049,949 shares and a turnover of Rs. 3.89 Arba. The market capitalization was recorded at Rs. 32.79 Kharba, with a float market capitalization of Rs. 11.30 Kharba.

    Himalayan Reinsurance Limited (HRL) led in turnover, accumulating Rs. 25.15 crore, and closed the day with a market price of Rs. 657. Additionally, Chandragiri Hills Limited (CGH) and Mid Solu Hydropower Limited (MSHL) experienced positive circuit movements. On the downside, Terhathum Power Company Limited (TPC) suffered the highest loss of 10%.

    In terms of sector indices, two sectors closed in the green today. The “Mutual Fund Index” saw the highest gain at 0.14%, while the “Investment Index” incurred a loss of 1.65%.

  • Machhapuchchhre Bank Successfully Concludes Promoter Shares Auction.

    Machhapuchchhre Bank Successfully Concludes Promoter Shares Auction.


    The auction closing day of Machhapuchchhre Bank’s 1,12,32,492 Units Promoter Shares marked a crucial milestone in the bank’s strategic initiatives. By offering these shares, the bank aimed to enhance capital, allowing for expansion and strategic projects.

     

  • NEPSE Index Surges by 1.51%

    NEPSE Index Surges by 1.51%


    The Nepal Stock Exchange (NEPSE) Index concluded the day with a notable gain of 31.62 points, equivalent to a 1.51% increase from the previous day’s closing, reaching a total of 2,120.62 points. This follows a slight loss of 0.62 points in the index during the preceding trading day.

    The market commenced today with the index opening at 2,093.48. It experienced fluctuations throughout the day, reaching an intraday low of 2,093.44 and achieving an intraday high of 2,121.67.

    During the day’s trading activities, a total of 314 different stocks were exchanged in 94,526 transactions. The total volume of shares traded amounted to 16,605,234, contributing to a turnover of Rs. 5.45 Arba. The market’s capitalization stood at Rs. 33.30 Kharba, with a float market capitalization of Rs. 11.50 Kharba.

    Nepal Reinsurance Company Limited Promoter Share (NRICP) recorded the highest turnover, reaching Rs. 35.68 crores, and closed at a market price of Rs. 100.

    Eleven companies experienced positive circuit trends for the day, while Mega Mutual Fund -1 (MMF1) incurred the highest loss of 9.53%.

    In the sector indices, two sectors closed in the red. The “Hydropower Index” exhibited the most substantial gain of 4.58%, while the “Trading Index” faced a loss of 0.94%.

  • Gold and Silver Prices Surge in Nepal: Significant Increase of Rs. 600 per Tola

    Gold and Silver Prices Surge in Nepal: Significant Increase of Rs. 600 per Tola


    The cost of the precious yellow metal has risen by Rs. 600 per tola today in comparison to the trading price on Friday. As per the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current trading value for fine gold is Rs. 1,19,200 per tola, marking a Rs. 600 increase from Friday’s rate of Rs. 1,18,600 per tola.

    Similarly, Tejabi gold is now available at Rs. 118,650 per tola, showing a surge of Rs. 600 from its Friday price of Rs. 1,18,050 per tola.

    In addition to the gold prices, the price of silver has also seen an uptick of Rs. 20 per tola. The present market rate for silver stands at Rs. 1,420 per tola, contrasting with Friday’s closing rate of Rs. 1,400 per tola.

  • Is it going to be NIFRA 2.0?? Hunting for this since Day 1

    Is it going to be NIFRA 2.0?? Hunting for this since Day 1


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    [Just sell dude.](https://preview.redd.it/3kkfkogomccc1.png?width=490&format=png&auto=webp&s=5486d505b76a92b4e471e9d104b9492d2dbd5fa6)

    View on r/NepalStock by Plastic-Sea69

  • Gold Prices Decline for Fourth Consecutive Day

    Gold Prices Decline for Fourth Consecutive Day


    Gold has experienced a consistent decline in value for the past four consecutive trading days. As reported by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current trading rate for pure gold stands at Rs. 1,18,300 per tola. This marks a reduction of Rs. 200 compared to the previous day’s trading value of Rs. 1,18,500 per tola.

    Similarly, Tejabi gold is currently priced at Rs. 1,17,750 per tola, indicating a decrease of Rs. 200 from the previous day’s rate of Rs. 1,17,950 per tola.

     

  • Seize Your Share: Final Day for Dividends from SIFC, BNT, and MH

    Seize Your Share: Final Day for Dividends from SIFC, BNT, and MH


    Today marks the final opportunity for shareholders to seize the proposed 5.05% cash dividend declared by Shree Investment Finance Company Limited (SIFC). The company’s 29th Annual General Meeting (AGM) is scheduled for the 29th of Poush, 2080, at the office of the company registrar in Dillibazar, Kathmandu, beginning at 10 am. The decision to distribute the dividend, amounting to Rs. 4.95 crores, was made during the 336th meeting of the board of directors on Mangsir 26, derived from the paid-up capital of Rs. 98.16 crores. Shareholders registered before the book closure date of Poush 20 are eligible for the dividend and can participate in the AGM.

    Similarly, shareholders have until today to avail themselves of the 60% cash dividend proposed by Bottlers Nepal Terai Limited (BNT). The company has called its 37th AGM on the 27th of Poush, 2080, at Soaltee Hotel, Tahachal, Kathmandu, commencing at noon. A cash dividend of Rs. 60 per share has been suggested for the fiscal year 2079/80. Shareholders maintaining their status till Poush 19 can attend the AGM and qualify for the dividend payout.

    Furthermore, today is the last day for investors to secure the dividend proposed by Mandakini Hydropower Limited (MHL). The company’s 10th AGM is scheduled for Poush 29, 2080, at Foodland and Banquet, Battisputali, Kathmandu, starting at 10 AM. The board of directors, in a meeting on the 29th of Mangsir 2080, proposed a 5% dividend from the profit earned after FY 2079/80. The paid-up capital stands at Rs. 58.8 Crores, with a suggestion of 4.75% bonus shares and 0.25% cash dividend (including tax). The book closure for both the proposed dividend and AGM is on the 20th of Poush, 2080. Therefore, shareholders maintaining their status until the 19th of Poush are entitled to the dividend payout and can participate in the AGM.

  • Singati Hydro Energy Limited Announces 100% Right Share Issue: Last Trading Day for Eligibility Approaches

    Singati Hydro Energy Limited Announces 100% Right Share Issue: Last Trading Day for Eligibility Approaches


    Today marks the final trading day on the Nepal Stock Exchange (NEPSE) for investors to qualify for the entitlement of right shares from Singati Hydro Energy Limited (SHEL).

    Singati Hydro Energy Limited plans to issue 100% right shares valued at Rs. 1.45 Arba by offering 14,500,000 (1:1) units of right shares to its existing shareholders. Currently holding a paid-up capital of Rs. 1.45 Arba, the company anticipates a doubled paid-up capital of Rs. 2.90 Arba after the adjustment of the proposed right shares, each valued at 1.45 crore units.

    The lock-in period for SHEL is set to conclude on April 9, 2024. Following this, the reserved shares allocated to project-affected individuals, employees, and promoters will be released and become tradable on the secondary market.

    Muktinath Capital Limited has been appointed as the issue manager for this right share offering.

    Poush 22 has been specified as the book closure date. Therefore, investors who maintain their holdings until that day will be eligible to apply for the right shares.

     

  • Gold Prices Dip: Rs. 1,300 Drop per Tola, Silver Also Witnesses Decline

    Gold Prices Dip: Rs. 1,300 Drop per Tola, Silver Also Witnesses Decline


    Today witnessed a drop in the value of fine gold, with a decrease of Rs. 1,300 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current trading rate for fine gold is Rs. 1,19,500 per tola. This marks a decline of Rs. 1,300 from the previous day’s trading price, which stood at Rs. 1,20,800 per tola.

    Similarly, Tejabi gold is now available at Rs. 1,18,950 per tola, indicating a decrease of Rs. 1,250 from the Wednesday price of Rs. 1,20,200 per tola. In addition to gold, silver has also seen a reduction in value, with the current market rate at Rs. 1,420 per tola. This compares to the closing rate of Rs. 1,450 per tola recorded the day before.

  • Auction Alert: Multipurpose Finance Company Limited Promoters Initiate Share Auction for Eligible Shareholders

    Auction Alert: Multipurpose Finance Company Limited Promoters Initiate Share Auction for Eligible Shareholders


    Bijaya Kumar Thakur and Dhirendra Thakur, the current promoters of Multipurpose Finance Company Limited (MPFL), have commenced the auction of their respective promoter shares. Bijaya Kumar Thakur is offering 26,000 units, while Dhirendra Thakur is putting up 30,000 units for auction. This auction, which began on the 18th of Poush, 2080, is exclusively open to existing promoter shareholders.

    A total of 56,000 units of promoter shares are available for auction, and only shareholders meeting the eligibility criteria are encouraged to participate. The auction period spans 15 days from the publication date of this notice, providing existing promoter shareholders with a window to bid for these shares.

    As of the latest information, the Last Traded Price (LTP) for MPFL currently stands at Rs. 320. Simultaneously, another financial instrument associated with Multipurpose Finance Company Limited, MPFLPO, holds an LTP of Rs. 150.00, as recorded on December 5th, 2023. These details serve as additional context for potential investors considering participation in the ongoing auction of promoter shares, adding pertinent information to aid their decision-making process.