Economy
SuryaJyoti Life Insurance Shines with 62.93% Net Profit Surge in Q2; EPS Reaches Rs. 10.41
SuryaJyoti Life Insurance Company Limited (SJLIC) has revealed impressive second-quarter results for the fiscal year 2080/2081, displaying a significant 62.93% increase in net profit. The net profit surged to Rs. 23.66 crores, marking a notable rise from Rs. 14.52 crores in the same quarter last year. Examining SJLIC’s financial standing, the company boasts a […]
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Siddhartha Premier Insurance Proposes 11% Cash Dividend for FY 2079/80
Siddhartha Premier Insurance Limited (SPIL) has proposed an 11% cash dividend totaling Rs. 30.87 Crores for the fiscal year 2079/80. In a decision made during the 19th board of directors meeting on Magh 21, SPIL announced the distribution of an 11% cash dividend, inclusive of tax, amounting to Rs. 30.87 crores. The company’s current paid-up […]
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NMB Laghubitta (NMBMF) Records Significant Q2 2080/81 Net Loss with 58.91% Increase in NPL
NMB Laghubitta Bittiya Sanstha Limited (NMBMF) recently revealed its second-quarter financial report for the fiscal year 2080/81, showing a noticeable decline in net profitability. The company reported a significant net loss of Rs. 6.75 Crore, a sharp contrast to the Rs. 13.53 lakhs recorded in the same quarter of the previous year. The financial figures […]
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Dordi Khola Hydropower Taps Sanima Capital as Issue Manager for 1:1 Rights Offering
Dordi Khola Hydropower Company Limited (DORDI) has selected Sanima Capital Limited as the exclusive issue manager for its upcoming 1:1 ratio rights issue, according to an announcement from the Nepal Stock Exchange (NEPSE). In the upcoming rights issue, the hydropower company plans to issue 10,542,604 (1:1) units of right shares, equal to 100% of its […]
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Nepal Investment Mega Bank to Issue Rs. 4.40 Arba “10% NIMB Debenture 2090” from 1st Falgun
Nepal Investment Mega Bank Limited (NIMB) has released an offer letter announcing the issuance of 40,40,000 units of “10% NIMB Debenture 2090” to the general public. This debenture comes with a 10-year maturity period and a 10% coupon rate, and the application period is set from 1st Falgun to 4th Falgun, 2080. In case of […]
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NEPSE Up by 14.57 Points, Intraday Turnover Drops; Other Indices Gain 4.68%
The NEPSE Index experienced a positive movement, gaining 14.57 points or 0.70% from the previous day, closing at 2,076.27 points. In contrast, the day before had witnessed a decline of 5.31 points. The market kicked off today with the index opening at 2,063.93. Throughout the day, it fluctuated, hitting a low of 2,060.55 and reaching […]
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Last Day to Secure Dividend from United Ajod Insurance and Right from Ridi Power
Today marks the final opportunity to secure the 10.8013% dividend offered by United Ajod Insurance Limited (UAIL). The company has scheduled its 30th Annual General Meeting (AGM) for the 6th of Falgun, 2080. The AGM will take place at Anmol Banquet in Shankhamul, Kathmandu, starting at 11:00 AM. In a board meeting held on Magh […]
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Asian Life Insurance Plans 42% Right Shares Post Bonus Adjustment for Capital Needs
Asian Life Insurance Company Limited (ALICL) has decided to issue 42% right shares after adjustments, as confirmed in their Board of Directors meeting on Friday, Magh 19. This adjustment takes into account the allocation of 7.75% bonus shares from the current paid-up capital of Rs. 3.15 Arba. With the inclusion of bonus shares, the […]
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Gold Falls by Rs. 600/Tola, Silver Drops Rs. 20/Tola in Nepal
The price of fine gold has dropped by Rs. 600 per tola, as reported by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). Currently, fine gold is traded at Rs. 1,18,900 per tola, down from the Saturday closing price of Rs. 1,19,500 per tola. Similarly, Tejabi gold is available at Rs. 1,18,350 per […]
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Suryodaya Womi Laghubitta (SWMF) Proposes 14.07% Bonus Shares for FY 2079/80
Suryodaya Womi Laghubitta Bittiya Sanstha Limited (SWMF) has suggested a 14.077% bonus share distribution for the fiscal year 2079/80. In their 216th board meeting on Magh 19, the directors decided to allocate the dividend on the paid-up capital of Rs. 91,07,82,508.50. The entire dividend amount is proposed to be given in the form of bonus […]
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