Economics
NEPSE Index Records Increment Amidst Varied Sector Performances: Market Highlights and Top Movers
The NEPSE Index experienced a modest gain of 1.39 points, equivalent to 0.07% compared to the previous day’s closing, reaching a concluding value of 1,853.48 points. Notably, in the last trading session before the Tihar break, the index had encountered a loss of 11.85 points. The day commenced with an opening value of 1852.29, hitting […]
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Nepal Life Insurance Reports 10.25% Growth in Net Profit and Strong Financial Indicators in Q1
Nepal Life Insurance has reported a notable expansion in its business volume and key financial metrics, as outlined in its recently published unaudited financial report for the first quarter of the current fiscal year. The company achieved a commendable 10.25% increase in net profit, affirming its positive financial trajectory. Maintaining a robust financial position, Nepal […]
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“SEBON Free Trade Union Launches Special Edition of Share Market Digdarshan Publication Amid Festive Celebrations”
During the festive occasions of Tihar, Nepal Sambat, and Chhat, the SEBON Free Trade Union introduced a special edition of its Share Market Digdarshan publication for the year 2080 on Kartik 24, 2080. The unveiling event witnessed the presence of Mr. Narayan Paudel, the chairman of the union, and Mr. Ramesh Kumar Hamal, the chairman […]
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In celebration of its 87th anniversary, Nepal Bank has undertaken various Corporate Social Responsibility (CSR) initiatives. One notable activity included the organization of a blood donation event at the bank’s head office, where over 150 donors made valuable contributions, as highlighted in a media statement. The bank, with a significant nationwide presence, operates in 71 districts and boasts a workforce of more than 3600 employees. It maintains a network comprising 228 branches, 204 ATM outlets, and 58 extension counters. The bank reports a paid-up capital of 14.69 arba, with deposit collections amounting to Rs 2.44 kharba and a credit portfolio of Rs 1.84 kharba. Additionally, the reserve fund stands at Rs 21.88 arba, contributing to a Capital Adequacy Ratio (CAR) of 14.49%, as stated in the media release. These CSR activities and the bank’s extensive reach and financial indicators underscore its commitment to both social welfare initiatives and maintaining a robust financial position in the banking sector.
In celebration of its 87th anniversary, Nepal Bank has undertaken various Corporate Social Responsibility (CSR) initiatives. One notable activity included the organization of a blood donation event at the bank’s head office, where over 150 donors made valuable contributions, as highlighted in a media statement. The bank, with a significant nationwide presence, operates in 71 […]
Read More initiatives. One notable activity included the organization of a blood donation event at the bank’s head office, where over 150 donors made valuable contributions, as highlighted in a media statement. The bank, with a significant nationwide presence, operates in 71 districts and boasts a workforce of more than 3600 employees. It maintains a network comprising 228 branches, 204 ATM outlets, and 58 extension counters. The bank reports a paid-up capital of 14.69 arba, with deposit collections amounting to Rs 2.44 kharba and a credit portfolio of Rs 1.84 kharba. Additionally, the reserve fund stands at Rs 21.88 arba, contributing to a Capital Adequacy Ratio (CAR) of 14.49%, as stated in the media release. These CSR activities and the bank’s extensive reach and financial indicators underscore its commitment to both social welfare initiatives and maintaining a robust financial position in the banking sector.){kind=link}
Nepal Warehousing Company IPO for Foreign Nepalese Immigrants Oversubscribed 5.71 Times, Closing Today
Nepal Warehousing Company is set to conclude the issuance of its Initial Public Offering (IPO) for Foreign Nepalese Immigrants today, marking the 24th of Kartik as the closing day. The IPO, which opened on the 10th of Kartik, 2080, has a total issued capital of Rs. 68.75 Crores. Of this, 20%, equivalent to 13,75,000 unit […]
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Citizen Life Insurance Company’s Q1 Net Profit Rises 1.60%, Maintains Strong Financial Position
In its recent disclosure of first-quarter financial results for the fiscal year 2080/2081, Citizen Life Insurance Company Limited (CLI) has reported a modest performance, revealing a 1.60% increase in net profit compared to the corresponding quarter of the previous year. The company’s net profit rose from Rs. 7.03 crores to Rs. 7.14 crores in the […]
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Muktinath Krishi Company’s Foreign Nepalese Immigrants IPO Sees Significant Oversubscription, Closing Today
Muktinath Krishi Company Limited is concluding the issuance of its Initial Public Offering (IPO) for Foreign Nepalese Immigrants today, marking the 24th of Kartik as the closing date. The IPO was initiated on the 10th of Kartik, 2080. With an issued capital of Rs. 70 Crores, the company plans to issue 14,00,000 unit shares worth […]
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Unnati Sahakarya Laghubitta IPO Sees Remarkable 61.90 Times Oversubscription as Closing Day Approaches
The Initial Public Offering (IPO) of Unnati Sahakarya Laghubitta is set to conclude today and has witnessed overwhelming response from investors, being oversubscribed by 61.90 times as of now. As the closing date of the IPO approaches, Unnati Sahakarya Laghubitta has garnered remarkable interest from the investing community, with the subscription rate reaching an impressive […]
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Unilever Nepal Limited Reports 62.21% Surge in Q1 Net Profit, Demonstrates Strong Financial Performance for FY 2080/81
Unilever Nepal Limited (UNL) has disclosed its financial outcomes for the first quarter of the fiscal year 2080/81, showcasing an impressive 62.21% surge in net profit. The company reported a substantial growth, with net profit increasing from Rs. 34.06 Crores to Rs. 55.25 Crores in Q1 of FY 2080-81. Additionally, the revenue for the first […]
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Himalayan Distillery Limited Reports 51.24% Drop in Q1 Net Profit, Reveals Financial Performance for FY 2080/81
In the recently released financial report for the first quarter of fiscal year 2080/81, Himalayan Distillery Limited (HDL) revealed a substantial 51.24% decline in net profit, dropping to Rs 10.51 crore from Rs 21.5 crore in the corresponding quarter of FY 2079/80. The company faced a notable downturn in revenue, experiencing a 29.70% decrease to […]
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