Tag: decision

  • Suggestion chaiyo decision lina garo paryo..k garne hola guyz??

    Suggestion chaiyo decision lina garo paryo..k garne hola guyz??


    3200 huda naramro le faseko xu..nabil 1400 prvu 485,pcbl 480,hbl 510,nimb 400…safe hunxa vanera bank ma haleko namaja le fasyo…80k jati xa kun ma averaging garda thik hola daju haru??🙏🙏

    View on r/NepalStock by Interesting-Ad1152

  • NEPSE Index Faces Setback: Daily Market Recap and Sector Analysis in Nepal

    NEPSE Index Faces Setback: Daily Market Recap and Sector Analysis in Nepal


    The NEPSE Index in Nepal witnessed a setback, recording a loss of 17.23 points, equivalent to 0.82% from the previous day’s closing, ultimately settling at 2,070.84 points. The index had suffered a notable double-digit decline of 21.03 points in the trading session prior to this. The day commenced with the index opening at 2089.89, experiencing fluctuations throughout the day, reaching an intraday low of 2,055.35, and hitting an intraday high of 2,109.35.

    In the course of the day’s trading activities, a total of 307 different stocks were traded in 117,476 transactions. The volume of shares traded amounted to 14,337,738, generating a total turnover of Rs. 5.24 Arba. The market capitalization was reported at Rs. 32.16 Kharba, with a float market capitalization of Rs. 11.12 Kharba.

    Sonapur Minerals And Oil Limited (SONA) emerged as a significant player with the highest turnover, reaching Rs. 19.66 crores and closing at a market price of Rs. 415.10.

    Among the gainers, Nepal Insurance Co. Ltd. (NICL), Infinity Laghubitta Bittiya Sanstha Limited (ILBS), Manakamana Engineering Hydropower Limited (MEHL), and Chirkhwa Hydropower Limited (CKHL) led with a 10% increase. NWCL and VLUCL closely followed with a gain of 9.98%. On the flip side, BPW Laghubitta Bittiya Sanstha Limited (BPW) experienced the most significant loss at 10%, trailed by Himalayan Hydropower Limited (HHL) at 9.99%.

    Analyzing sector indices, all sectors, with the exception of “Mutual Fund, Non-Life Insurance,” closed in negative territory. The “Non-Life Insurance” sector observed the most significant gain at 1.16%, while the “Trading Index” registered a loss of 2.32%.

  • United Modi Hydropower Limited (UMHL) Proposes 100% Right Share Issuance for Project Investment

    United Modi Hydropower Limited (UMHL) Proposes 100% Right Share Issuance for Project Investment


    United Modi Hydropower Limited (UMHL) has announced its intention to issue right shares in the ratio of 1:1 or 100% right shares, as per the decision made during the recent Board of Directors meeting on Mangsir 13. The proposal aims to release 100% right shares on the existing paid-up capital of Rs. 1.23 Arba, with the objective of securing funds for investment in its ongoing hydropower projects. If approved, this issuance will lead to an additional 12,305,000 units of right shares, causing the company’s paid-up capital to surge to Rs. 2.46 Arba. However, the issuance is contingent upon obtaining approvals from regulatory bodies, specifically the Electricity Regulatory Commission and the Securities Board of Nepal (SEBON), followed by endorsement at the upcoming Annual General Meeting (AGM) of the company. UMHL’s closing stock price stood at Rs. 184 in the latest trading session.

  • In dire need of financial advice, I cannot make a proper decision on selling or holding IPO and secondary script these days while going abroad. What do you think is best for me?

    In dire need of financial advice, I cannot make a proper decision on selling or holding IPO and secondary script these days while going abroad. What do you think is best for me?


    I am planning to move abroad so, I am thinking of selling stocks instead of asking loan from relatives. I hope I am not doing the wrong thing. Previously, I was hoping to hold for a lifetime. But I think this is my last moment. What do you guys advise me should I take a loan from a relative or sell all the script? I have IPO and secondary script worth around 5 lakh in total but since the market is not bullish. I am kind of at a loss already.

    View on r/NepalStock by [deleted]

  • Is holding HDL for long term a good decision?

    Is holding HDL for long term a good decision?


    I have around 230 units of HDL which I bought for around Rs2300 per share. Is it a good decision to hold it for around 15 17yrs? If yes, how much bonus should I expect yearly?

    View on r/NepalStock by ItsVector02

  • NEPSE BOD Meeting Stalls Decision on Seven New Broker Memberships.

    NEPSE BOD Meeting Stalls Decision on Seven New Broker Memberships.


     

    The Board of Directors (BOD) meeting of the Nepal Stock Exchange (NEPSE) held this morning was unable to finalize the membership of seven new brokerage companies. The meeting, as confirmed by Company Secretary and Information Officer Murahari Parajuli, did not reach a decision on the discussed agendas.

     

  • “Ngadi Group Power Limited Proposes 100% Rights Shares for Shareholders to Address Funding Requirements”

    “Ngadi Group Power Limited Proposes 100% Rights Shares for Shareholders to Address Funding Requirements”


    Ngadi Group Power Limited (NGPL) has proposed to offer 100% rights shares to its existing shareholders. The proposal was made during a recent Board of Directors meeting.

    NGPL’s Siurikhola Small Hydropower Project, located in Lamjung District, Gandaki Province, with a capacity of 4.95 MW, has been performing well due to regular maintenance. However, additional funds are needed to maintain existing projects, settle payments, invest in new projects, attract investments, create jobs, and increase national capital.

    To address this funding requirement, NGPL aims to issue rights shares in a 1:1 ratio to its current shareholders. This will increase the company’s paid-up capital from Rs. 1.85 Arba to Rs. 3.7 Arba.

    Approval from the Electricity Regulatory Commission and subsequent endorsement at the Annual General Meeting (AGM) are necessary for the issuance of the rights shares.

    NGPL had previously issued 150% rights shares to its shareholders.

    As of July 02, NGPL shares were trading at Rs. 241.

  • Barun Hydropower Company Proposes 100% Right Shares; Approval Pending from ERC

    Barun Hydropower Company Proposes 100% Right Shares; Approval Pending from ERC


     

    Barun Hydropower Company Limited (BARUN) has decided in its recent Board of Directors meeting to issue 100% right shares, which means one additional share for every existing share. Currently, BARUN has 5,358,150 unit shares listed on the Nepal Stock Exchange (NEPSE) and a paid-up capital of Rs. 53.58 Crores. If the issuance of the right shares is approved by the regulatory bodies and endorsed at the upcoming Annual General Meeting (AGM), the paid-up capital will increase to Rs. 1.07 Arba.

     

  • Salt Trading Corporation Limited (STC) Reports Nearly Doubled Net Profit in Third-Quarter Results

    Salt Trading Corporation Limited (STC) Reports Nearly Doubled Net Profit in Third-Quarter Results


    Swabhimaan Laghubitta Bittiya Sanstha Limited (SMFBS) has recently distributed 20% bonus shares directly to the DEMAT accounts of its shareholders. The company encouraged its shareholders to dematerialize their shares in order to receive the bonus shares smoothly.

    During the 6th Annual General Meeting held on the 11th of Chaitra, the shareholders of SMFBS approved a dividend of 21.0526% amounting to Rs. 2.56 Crores for the fiscal year 2078/79. In a subsequent board of directors meeting on Magh 11, it was decided to distribute the dividend on the paid-up capital of Rs. 12.17 Crores. The proposed distribution plan included 20% bonus shares and 1.0526% cash dividend (for tax purposes).

    Following these decisions, the bonus shares have now been deposited directly to the DEMAT accounts of the shareholders. This simplifies the process for shareholders to receive and manage their bonus shares electronically, without the need for physical share certificates.

    By distributing the bonus shares to DEMAT accounts, SMFBS aims to facilitate a more efficient and secure method of shareholding for its investors. It encourages shareholders to embrace the dematerialization process and enjoy the benefits of holding their shares in electronic form.

    Overall, the distribution of 20% bonus shares to the DEMAT accounts of shareholders reflects SMFBS’s commitment to rewarding its investors and promoting the modernization of shareholding practices. It provides shareholders with the opportunity to conveniently manage their bonus shares and participate in the company’s growth and future prospects.