The NEPSE index closed at 1,866.68 today, down 5.20 points from the previous trading day’s close. This is a 0.28% decrease. Yesterday, the index fell 16.67 points.
Today, the index opened at 1,872.65 and closed at 1,856.69. In contrast, it reached a high of 1,880.31 before settling at 1,866.68.
Through 23,170 transactions, 264 scrips changed hands. A total of 2,971,947 shares were traded, totaling Rs. 91.76 crores in turnover. This is less than the previous day’s turnover of Rs. 92.02 Crores.
The NEPSE index closed at 1,871.88 today, down 16.67 points from the previous trading day’s close. This represents a 0.88% decrease. Yesterday, the index dropped 20.00 points.
The index began the day at 1,888.61 and reached an intraday high of 1,891.76. In contrast, it dropped as low as 1,866.16 before closing at 1,871.88.
The NEPSE index closed at 1,919.42 today, up 1.02 points from the previous trading day’s close. This is a 0.05% increase. Yesterday, the index rose 12.10 points.
Today, the index opened at 1,920.09 and closed at 1,901.62. In contrast, it reached a high of 1,922.04 before closing at 1,919.42.
Through 25,413 transactions, 258 scrips changed hands. A total of 2,539,048 shares were traded, totaling Rs. 81.62 crores in turnover. This is less than the previous day’s turnover of Rs. 1.443 Arba. This is the lowest volume since December 14th, 2022. At the time, the NEPSE index was hovering around 1800, with a turnover of Rs 72.78 crore.
The price of gold has decreased by Rs. 500 per tola today.
According to the official website of the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is being traded today at Rs. 101,000 per tola. In the last three days, the price of gold has decreased by Rs 1,800 per tola. The price of gold and silver has decreased for the third consecutive day i.e since Tuesday.
Meanwhile, Tejabi gold is being traded at Rs. 100,500 today. In contrast, the rate was maintained yesterday at Rs. 100,000 per tola.
On the sideline, silver has also lost Rs. 5 per tola. The lustrous white metal is being traded in the local market today at Rs. 1,220 per tola, compared to yesterday’s closing rate of Rs. 1,225 per tola.
The NEPSE index closed at 1,995.49 today, down 24.44 points from the previous trading day’s close. This is a loss of 1.21%. Yesterday, the index fell 3.81 points. The index opened today at 2,020.72 and reached an intraday high of 2,024.70. While it dropped as low as 1,994.46, it eventually closed at 1,995.49.
The earnings of Rastriya Beema Company Limited (RBCL) climbed by an astonishing 92.57% in the second quarter of fiscal year 2079/80 compared to the same period the previous year.
According to the financial report released today, it made a net profit of Rs 37.41 crore in the second quarter of fiscal year 2079/80, up from Rs 19.43 crore in the same period of fiscal year 2078/79.
While its net premium income climbed by 64.60% from Rs 12.88 Crore to Rs 21.21 Crore at the end of the second quarter of this year, its reinsurance commission revenue declined to Rs 9.4 Crore from Rs 9.9 Crore.
It presently has Rs 3.57 Arba in reserve and Rs 2.85 Arba in insurance funds. It has a paid-up capital of Rs.26.66 Crore.
Its earnings per share are Rs 280.67, its net worth per share is Rs 1439.77, and its P/E ratio at the end of the quarter is 14.25 times.
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 71.94% reduction from the previous year’s similar period.
According to management, there has been no substantial change in the organization’s balance, income, or liquidity during this quarter. The operations are carried out in accordance with the company’s business plan. During this quarter period, as the company’s interest climbed, the income decreased, and it is projected that the profit will improve when the interest expenditure reduces in the future days, and the income will improve from the following quarter.
It has a reserve resource of Rs. 50.25 crores and a share capital of Rs 1.10 Arba. For Fiscal Year 2078/79, the corporation additionally proposed 40% bonus shares worth Rs. 44,25,43,200 and a 2.10% cash dividend (including tax) of Rs 2,32,33,518. The firm has capitalized these extra dividends, resulting in an increased paid-up capital of Rs. 1.54 Arba.
Furthermore, the business intends to issue 77,44,506 rights shares (1: 0.50 ratio right shares) to shareholders. Following SEBON clearance, this will be given from the paid-up capital of Rs. 1.54 Arba.
Its annualized earnings per share are Rs 3.56, its net value per share is Rs 145.43, and its P/E ratio is 153.94.
Sahas Urja Limited’s net profit fell 37.26 percent in the second quarter of the current fiscal year 2079/80. The hydroelectric firm reported in its unaudited financial report for the second quarter published today that its net profit declined to Rs 21.59 crore in the second quarter of the fiscal year 2079/80 from Rs 34.42 crore in the comparable period of the previous fiscal year 2078/79.
The share capital stands at Rs. 3.50 arba, with reserves at Rs. 2.31 arba. Its annualized EPS is Rs. 12.34, its net worth per share is Rs 166.13, and the firm is traded at a P/E ratio of 46.02 times.
The 86 MW Solu Khola (Dudh Koshi) Hydropower Project is currently under construction by the business. Because Solu Khola is still in the process of internal testing, the money from energy sales has not yet begun, and the other income reported in the financial statement is unreal because it is earned using the NFRS system’s IFRIC 12: Service Concession Arrangement basis.
Sanima Mai Hydropower Company Limited (SHPC) reported an 11.36% decrease in net profit in the second quarter (Q2) of fiscal year 2079/80. Profit declined to Rs. 32.92 crores in this quarter from Rs. 37.14 crores in the previous year’s equivalent quarter.
Revenue from the sale of electricity has declined by 12.4% when compared to the same quarter last year. The lower revenue is attributable to the expiration of the Posted Rate Facility Agreement for the Mai Hydropower Project (15.6 MW), as well as poor hydrological conditions throughout the quarter. As a result, the net profit for the fiscal year 2079/080’s second quarter ended 11.36% lower than the previous year’s quarter ended. In addition, the business spent over Rs. 2.34 Arba in associates, which climbed by 91.06% in this quarter.
The NEPSE index finished at 2,096.08 today, up 1.54 points from the previous trading day’s close. This is a 0.07% increase. Last Thursday, the index fell 22.12 points.
The index opened at 2,096.7 and reached an intraday high of 2,118.27 today. It dropped as low as 2,087.69 before closing at 2,096.08.
In 39,187 transactions, 258 scrips changed hands. A total of 5,206,370 shares were traded, totaling Rs. 1.931 Arba in activity. This is less than the previous day’s turnover of Rs. 2.096 Arba.