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Higher Operating and Interest Expenses Caused a 95.81% Drop in Ridi Power's Net Profit Company to Issue 50% Right Shares 9
IPO | FPO, NEPSE NEWS

Higher Operating and Interest Expenses Caused a 95.81% Drop in Ridi Power’s Net Profit Company to Issue 50% Right Shares

Ridi Power Company Limited (RIDI) reported a 95.81% decrease in net profit in the second quarter (Q2) of the current fiscal year 2079/80. Profit declined to Rs. 1.96 crores in this quarter from Rs. 46.98 crores in the previous year’s equivalent quarter. In this quarter, the firm recorded total income of Rs. 18.92 crores, a

The NEPSE Index rises 12.43 points to close at 2,182.61. 11
Nepal Stock Exchange, NEPSE NEWS

The NEPSE Index rises 12.43 points to close at 2,182.61.

The NEPSE index finished at 2,182.63 today, up 12.45 points from the previous trading day’s close.  This is a 0.57% increase.  Yesterday, the index fell 7.13 points. Today, the index began at 2,171.17 and closed at 2,153.31.  It reached a high of 2,183.75 before settling at 2,182.61. In 35,450 transactions, 257 scrips changed hands.  A total of 5,648,212 shares were traded, totaling Rs. 2.062 Arba in activity.  This is less than the previous day’s turnover of Rs. 3.691 Arba. API Power Company Ltd. (API) shares were the most actively traded, with a total turnover of Rs. 5.86 crores at a market price of Rs. 302 per share.Barahi Hydropower Public Limited (BHPL) gained the most, gaining 10% and closing the day on a good note. Nabil Balanced Fund-3 (NBF3), on the other hand, lost the most today, losing 5.75%.Only one sector finished in the negative today, “Mutual Fund,” which lost 0.20%, while “Development Bank” gained the most, 1.46%.  

Reminder! Last Day to Grab Dividend Proposed by SIC, LGIL and JBBL 13
Dividend

Reminder! Last Day to Grab Dividend Proposed by SIC, LGIL and JBBL

The proposed dividends from Sagarmatha Insurance Company Limited (SIC), Lumbini General Insurance Limited (LGIL), and Jyoti Bikas Bank Limited are only available through today (JBBL).   On Falgun 11, 2079, Sagarmatha Insurance Company Limited (SIC) has scheduled its 26th Annual General Meeting.  Starting at 10 AM, a meeting will take place in Lainchaur Banquet, Lainchaur. Today is the last day to grab dividends proposed by Sagarmatha Insurance Company Limited (SIC), Lumbini General Insurance Limited (LGIL), and Jyoti Bikas Bank Limited (JBBL).  

Visiting USAID representative Power meets with Finance Minister Paudel 15
Dividend

Visiting USAID representative Power meets with Finance Minister Paudel

Visiting Administrator of the United States Agency for International Development (USAID), Samantha Power, met with Finance Minister Bishnu Prasad Paudel at the latter’s office  in Singha Durbar today. The meeting touched on an array of subjects including the bilateral relations between Nepal and the US, it has been said. On the occasion, Minister Paudel said

NEPSE Index Retrace 2200 Levels Once More 17
NEPSE NEWS

NEPSE Index Retrace 2200 Levels Once More

The NEPSE index finished at 2,170.21 today, down 7.13 points from the previous trading day’s close. This is a 0.33% decrease. Yesterday, the index rose 76.64 points. The index started the day at 2,181.62 and reached an intraday high of 2,213.89. It dropped as low as 2,161.00 before closing at 2,170.21.Through 55,602 transactions, 257 scrips

The price of gold has risen by Rs 500 per tola. 23
Gold | Silver | Forex

The price of gold has risen by Rs 500 per tola.

Today’s gold price has risen by Rs. 500 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading for Rs. 104,600 per tola. Yesterday, the tariff remained unchanged at Rs. 104,100 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 104,100. In contrast, the

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