Economics
NEPSE Witnessed Huge Gain of 43.27 Points On 2nd Last Trading Day of Dashain Break; New Brokers Performing Well
In today’s trading session on the Nepal Stock Exchange (NEPSE), there was a strong performance as the NEPSE Index concluded at 1,907.89 points. This represented a significant increase of 43.27 points, or 2.32%, compared to the previous day’s closing. It’s notable that the index had already shown promise by gaining 13.18 points on the last […]
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SEBON Approves IPO Proposal of Himalayan Re-insurance Limited, Premium Price Revised to Rs. 206 Per Share
The Securities Exchange Board of Nepal (SEBON) has granted approval for the proposed initial public offering (IPO) of Himalayan Re-insurance Limited. This reinsurance company plans to issue 30,000,000 equity shares to the general public at a price of Rs. 206 per share, with a face value of Rs. 100 and a premium of Rs. 106 […]
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NIC Asia Laghubitta Bittiya Sanstha Limited Proposes 15% Cash Dividend for Fiscal Year 2079/80
NIC Asia Laghubitta Bittiya Sanstha Limited (NICLBSL) has proposed a 15% cash dividend for the fiscal year 2079/80. In a recent board of directors meeting held on Kartik 01, the decision was made to distribute the entire dividend in cash. The company’s paid-up capital stands at Rs. 1.73 Arba, and this dividend payout amounts to […]
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Nesdo Sambridha Laghubitta Distributes 15% Cash Dividend and Encourages Shareholder Dematerialization
Nesdo Sambridha Laghubitta Bittiya Sanstha Limited (NESDO) has taken the initiative to distribute a 15% cash dividend directly to the bank accounts of its shareholders and has encouraged them to convert their shares into dematerialized form. The company convened its 4th Annual General Meeting (AGM) for the fiscal year 2078/79 on the 26th of Ashwin, […]
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Dibyashwari Hydropower Company (DHPL) Proposes 200% Right Share Issue to Clear Loans
Dibyashwari Hydropower Company Limited (DHPL) has revised its proposal for issuing right shares, as decided during a Board of Directors (BOD) meeting held on Ashwin 29. The initial plan was to offer 1:1 or 100% right shares, announced on Ashad 10, 2080. However, the BOD meeting on Ashwin 29 decided to cancel the previous proposal […]
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NEPSE Index Gains 0.71% in Trading Session with Notable Stock Movements
During the most recent trading session on the Nepal Stock Exchange (NEPSE), the NEPSE Index concluded at 1,864.62 points, marking a significant increase of 13.18 points or 0.71% when compared to the previous day’s closing figure. The index had experienced a notable loss of 23.16 points during the preceding trading session. The day’s trading began […]
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“Nepal Rastra Bank’s Mid-September 2023 Financial Snapshot: Inflation, Forex Reserves, and Economic Indicators”
Nepal Rastra Bank, the central bank of Nepal, has released an overview of the current macroeconomic and financial situation in Nepal, based on data from the first two months ending in mid-September 2023. Inflation and Forex Reserves:The central bank reported an estimated year-on-year inflation rate of 8.19%. Nepal’s gross foreign exchange reserves stood at $12.01 […]
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IPO Allotment for Mathillo Mailun Khola Jalvidhyut Oversubscribed by 10.83 Times
The IPO allotment for Mathillo Mailun Khola Jalvidhyut Limited is scheduled for this Friday, specifically on the 3rd of Kartik, 2080. The allotment process will take place at the premises of the issue manager, Sanima Capital, located in Kathmandu. Out of the total offering of 15,09,200 units, a portion of 1,50,000 units has been earmarked […]
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Maruti Cements AGM: FDI-Backed Company to Convert Preference Shares, Issue Premium IPO
Maruti Cements Limited has officially announced its 29th Annual General Meeting (AGM), scheduled to be held on the 21st of Kartik, 2080, at the company’s headquarters in Biratnagar, commencing at 11:30 AM. A key focus of the AGM is the company’s proposal to distribute a 10% cash dividend, inclusive of applicable taxes, to its preferred […]
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Reliance Finance Limited’s 6.84% Bonus Shares Listed on NEPSE Following AGM
A total of 684,454.11 units of bonus shares issued by Reliance Finance Limited (RLFL) have been officially listed on the Nepal Stock Exchange (NEPSE). This action follows RLFL’s 13th Annual General Meeting, which took place on the 31st of Ashad, where shareholders approved a dividend payout of 6.84% for the fiscal year 2078/79. The decision […]
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