Fall

Provinces Fall Short: Only 49% of Budget Spent by June 15 in Current FY 1
Business | Market | Economy

Provinces Fall Short: Only 49% of Budget Spent by June 15 in Current FY

As of June 15 in the current fiscal year 2022/23, the provinces in the country have only used half of their budget. Out of the total allocated budget of Rs 306 billion, they have spent Rs 151.3 billion, which is around 49.45 percent of the yearly allocation. According to the Office of the Comptroller General, […]

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Shubha Laxmi Kosh NAV Report: Fund Size at Rs. 28.14 Crores, Records Net Loss in Baisakh 3
Business | Market | Economy

Shubha Laxmi Kosh NAV Report: Fund Size at Rs. 28.14 Crores, Records Net Loss in Baisakh

The latest NAV report for “Shubha Laxmi Kosh,” an open-ended fund, has been released. As of the month of Baisakh, the fund size stands at Rs. 28.14 crores. The NAV for Baisakh is recorded at Rs. 9.26. Shubha Laxmi Kosh has invested Rs. 17.22 crores in listed shares and an amount of Rs. 488,276.89 in […]

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Infinity Laghubitta Bittiya Sanstha Limited Reports Decreased Net Profit in Q3, with Decline in Core Revenue and Operating Profit 5
Business | Market | Economy IPO | FPO

Infinity Laghubitta Bittiya Sanstha Limited Reports Decreased Net Profit in Q3, with Decline in Core Revenue and Operating Profit

Infinity Laghubitta Bittiya Sanstha Limited (ILBS) has released its third-quarter report for the current fiscal year, showing a decreased net profit of Rs. 1.38 crores. In the corresponding quarter of the previous fiscal year, the company had recorded a profit of Rs. 11.83 crores. The microfinance company’s net interest income, which is its core revenue, […]

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NEPSE Index Ends the Day with a 0.18% Loss 7
NEPSE NEWS

NEPSE Index Ends the Day with a 0.18% Loss

The NEPSE index closed today at 1,818.31, reflecting a decrease of 3.34 points or 0.18% from the previous trading day’s closing. Yesterday, the index experienced a more significant loss of 16.96 points. The trading day began with the index opening at 1,821.81. Throughout the day, it reached an intraday low of 1,807.53 and a high […]

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NIC Asia Bank Leads Trading Volume, NIBL Growth Fund Surges, and SALICO Faces Loss: Market Highlights 9
NEPSE NEWS

NIC Asia Bank Leads Trading Volume, NIBL Growth Fund Surges, and SALICO Faces Loss: Market Highlights

NIC Asia Bank Limited (NICA) had the highest trading volume of Rs. 3.04 crores and closed at a market price of Rs. 694.60 per share. The shares of PRVU had the highest trading activity. NIBL Growth Fund (NIBLGF) experienced the highest gain of 9.88% during the day. On the other hand, Sagarmatha Lumbini Insurance Co. […]

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Nerude Laghubitta Bittiya Sanstha Limited reports a significant decline in net profit and increase in NPL for Q3 FY 2079/80 11
Business | Market | Economy

Nerude Laghubitta Bittiya Sanstha Limited reports a significant decline in net profit and increase in NPL for Q3 FY 2079/80

Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) has released its third-quarter report for FY 2079/2080, revealing a significant decline in net profit by 85.22%. According to the report, the net profit decreased to Rs. 3.15 crores, compared to Rs. 21.37 crores in the corresponding quarter of the previous year. The company’s borrowings decreased by 5.57% to […]

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Bindhyabasini Hydropower Development Company Limited Reports a 48.81% Decrease in Q3 Net Profit Due to Machinery Breakdown 13
Business | Market | Economy

Bindhyabasini Hydropower Development Company Limited Reports a 48.81% Decrease in Q3 Net Profit Due to Machinery Breakdown

Bindhyabasini Hydropower Development Company Limited (BHDC) has published its Q3 report of FY 2079/80, reporting a 48.81% decrease in net profit. The company’s net profit has reached Rs. 6.41 crores in this quarter compared to Rs. 12.53 crores in the corresponding quarter of the previous year. The company’s total revenue stood at Rs. 21.02 crores, […]

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"Nepalese Stock Market Witnesses a Slight Decline with ANLB Leading Gains and SGHC Facing Losses" 15
NEPSE NEWS

“Nepalese Stock Market Witnesses a Slight Decline with ANLB Leading Gains and SGHC Facing Losses”

Today, the Nepalese stock market index, NEPSE, experienced a decline of 0.23% and closed at 1,866.40, which is 4.27 points lower than the previous day’s close. During the trading day, the index reached a high of 1,878.96 and a low of 1,860.43 after opening at 1,871.63. The total turnover for the day was Rs. 69.22 […]

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NEPSE: Plunged 18.80 points today to settle at 1,885.60 levels, with intraday turnover remaining at Rs 82.85 crores. 17
NEPSE NEWS

NEPSE: Plunged 18.80 points today to settle at 1,885.60 levels, with intraday turnover remaining at Rs 82.85 crores.

The NEPSE index finished at 1,885.60 today, down 18.80 points from the previous trading day’s close. This is a 0.99% loss. Last Thursday, the index fell 15.73 points. The index began today at 1,904.94 and reached an intraday high of 1,906.66. In contrast, it dropped as low as 1,881.15 before closing at 1,885.60. Through 31,415 […]

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NEPSE drops just 0.16% to settle at 1,904.98. 19
NEPSE NEWS

NEPSE drops just 0.16% to settle at 1,904.98.

The NEPSE index finished at 1,904.98 today, down 3.07 points from the previous trading day’s close. This is a 0.16% decrease. Yesterday, the index dropped 23.64 points. The index began today at 1,905.96 and reached an intraday high of 1,911.51. In comparison, it dropped as low as 1,892.82 before closing at 1,904.98. 24429 transactions involved […]

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