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Citizens Bank Q2 Report: Profits Dip 6.96%, Challenges Emerge
Citizens Bank International Limited (CZBIL) has disclosed its financial performance for the second quarter of fiscal year 2080/81, revealing a 6.96% decline in net profit to Rs 78.27 Crores. The bank’s total paid-up capital is reported at Rs. 14.20 Arba, with reserves amounting to Rs. 6.77 Arba. However, retained earnings have recorded a negative value […]
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MBL Promoter Shares Auction Launched
Surendra Mahato has initiated the auction of 1,12,32,492 units of promoter shares from Machhapuchchhre Bank Limited (MBL). The auction period spans from the 5th to the 15th of Magh, 2080. A total of 1,12,32,492 promoter shares of MBL are up for auction, open to interested shareholders, including the general public and institutions. The auction allows […]
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NIMB Ace Capital Extends ‘NIBL Stable Fund’ Deadline Due to Low Initial Applications
NIMB Ace Capital Limited has decided to extend the deadline for the “NIBL Stable Fund” mutual fund scheme to the general public and institutions until the 16th of Magh, 2080. Originally set to close on the 5th Magh, 2080, the extension was prompted by the scheme’s insufficient applications. Out of a total of 10 crore […]
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NEPSE Index Gains 3.20% Despite Ups and Downs
n the recent trading week, the NEPSE index closed at 2,155.82, marking a notable 3.20% gain from the previous week’s closing at 2,088.99. The index experienced volatility, ranging from 2,093.46 to 2,215.29, with a fluctuation of 121.83 points. Key indicators, such as the RSI and MACD, suggest a bullish trend, but further confirmation is needed. […]
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Machhapuchchhre Bank Q2 2080/81: 21.45% Drop in Net Profit, Attention Needed on NPL Increase
Machhapuchchhre Bank Limited (MBL) has recently unveiled its financial performance for the second quarter of the fiscal year 2080/81, providing insights into key metrics. In this quarter, MBL witnessed a notable 21.45% decline in net profit, falling from Rs. 1.02 Arba in Q2 FY 2079/80 to Rs. 80.53 Crores in Q2 FY 2080/81. The bank […]
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United Ajod Insurance (UAIL) Proposes 10.8013% Dividend for Fiscal Year 2079/80
United Ajod Insurance Limited (UAIL) has put forth a proposal for a 10.8013% dividend for the fiscal year 2079/80. This decision was reached during a board of directors meeting held on Magh 04. The proposed dividend distribution includes 10.2612% in bonus shares and 0.5401% in cash dividend, the latter being designated for tax-related purposes. The […]
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Gold Prices Rebound with a Rs. 500 Increase per Tola After Three-Day Dip
Following a three-day downturn, the luster of gold has made a comeback, witnessing a price surge of Rs. 500 per tola today. The Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA) reports that fine gold is now valued at Rs. 118,000 per tola. This marks a Rs. 500 increase from yesterday’s trading price of […]
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Reliable Nepal Life Insurance (RNLI) Announces 16.84% Dividend and AGM Plans for Fiscal Year 2079/80
Reliable Nepal Life Insurance Limited (RNLI) has scheduled its 7th Annual General Meeting (AGM) to take place on the 29th of Magh, 2080. The venue for the meeting is Lisara Banquet in Gyaneshwor, Kathmandu, commencing at 11 AM on the specified day. One of the key items on the AGM’s agenda is the approval of […]
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National Laghubitta Bittiya Sanstha Limited Initiates Auction of 63,242 Shares to General Public
The current promoters of National Laghubitta Bittiya Sanstha Limited (NMFBS) have initiated the auction of 63,242 units of shares to the general public, starting from the 4th of Magh, 2080. Individuals interested in acquiring these shares are invited to participate in the auction, with a deadline of 10 days from the publication date of this […]
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Lower Erkhuwa Hydropower Taps Muktinath Capital for IPO Management, Offers 21.5% of Capital to Public
Lower Erkhuwa Hydropower has enlisted Muktinath Capital Ltd. as the manager overseeing both the issuance and sales of its Initial Public Offering (IPO) shares. The company intends to release 2,805,750 ordinary shares to the general public at a face value of Rs. 100 per share, constituting 21.5% of its overall issued capital, which amounts to […]
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