Growth

IME Life Insurance (ILI) Achieves Remarkable 96.14% Surge in Q2 Net Profit 1
Business | Market | Economy

IME Life Insurance (ILI) Achieves Remarkable 96.14% Surge in Q2 Net Profit

IME Life Insurance Company Limited (ILI) has reported impressive financial results for the second quarter of the fiscal year 2080/2081, showcasing a significant 96.14% surge in net profit. The net profit rose from Rs. 11.96 crores to Rs. 23.47 crores compared to the same quarter last year. ILI’s financial overview reveals a strong foundation with […]

Read More
Hydropower sector: What kind of stocks had maximum growth? 3
r/NepalStock

Hydropower sector: What kind of stocks had maximum growth?

Well i did some study on hydro stocks. From 05/11/2023 to 25/01/2024. During the period Nepse had a max growth from 1829 to 2175 ~18%. There was an average max growth (from absolute bottom to the peak) of 56% in hydro and the best performing stock was MHCL which grew 195% in 70days. https://preview.redd.it/6vk2us9vuwec1.png?width=1253&format=png&auto=webp&s=46b21845a04543939f9f1178543ff415efac5de0 And […]

Read More
Citizen Life Insurance (CLI) Posts 2.73% Increase in Q2 Net Profit, Revealing Robust Financial Performance 5
Business | Market | Economy

Citizen Life Insurance (CLI) Posts 2.73% Increase in Q2 Net Profit, Revealing Robust Financial Performance

In the second quarter of the fiscal year 2080/2081, Citizen Life Insurance Company Limited (CLI) demonstrated positive financial performance, marked by a 2.73% increase in net profit. The net profit rose from Rs. 12.36 crores to Rs. 12.03 crores when compared to the corresponding quarter of the previous year. Citizen Life’s financial position revealed a […]

Read More
Three Star Hydropower Limited (TSHL) Announces Conclusion of Lock-In Period for Mutual Fund Shares as per SEBON Directives 7
Business | Market | Economy

Three Star Hydropower Limited (TSHL) Announces Conclusion of Lock-In Period for Mutual Fund Shares as per SEBON Directives

Three Star Hydropower Limited (TSHL) has officially notified its investors and stakeholders regarding the conclusion of the lock-in period for 36,938 unit shares held by Mutual Funds. This development aligns with the most recent directives issued by the Securities Board of Nepal (SEBON). The lock-in period for these shares, which commenced on Ashadh 19, 2080, […]

Read More
Mountain Energy Nepal Limited (MEN) Records Marginal 1.63% Dip in Q2 Net Profit, Power Sales Revenue Slightly Decreases by 1.18% 9
Business | Market | Economy

Mountain Energy Nepal Limited (MEN) Records Marginal 1.63% Dip in Q2 Net Profit, Power Sales Revenue Slightly Decreases by 1.18%

In the second quarter of the fiscal year 2080/81, Mountain Energy Nepal Limited (MEN) experienced a marginal decline in net profit, registering a decrease of 1.63%. The net profit for this quarter amounted to Rs. 35 crores, down from Rs. 35.58 crores in the same quarter of the previous fiscal year. The company’s revenue derived […]

Read More
Support Laghubitta Bittiya Sanstha Limited (SMB) Reports Impressive Q2 Fiscal Performance with 246.82% Surge in Net Profit 11
Business | Market | Economy

Support Laghubitta Bittiya Sanstha Limited (SMB) Reports Impressive Q2 Fiscal Performance with 246.82% Surge in Net Profit

In the recently disclosed second-quarter fiscal report for the year 2080/2081, Support Laghubitta Bittiya Sanstha Limited (SMB) exhibited a remarkable financial performance, witnessing a substantial 246.82% increase in net profit. The net profit surged from Rs. 24.91 lakhs to Rs. 86.42 lakhs when compared to the corresponding quarter of the previous year. Despite a 5.39% […]

Read More
Last Trading Day for Himalayan Everest Insurance Dividend – Act Now! 13
Dividend

Last Trading Day for Himalayan Everest Insurance Dividend – Act Now!

Investors of Himalayan Everest Insurance Limited (HEI) are urged to seize the opportunity as today marks the final day to avail the enticing 15% dividend proposed by the company. The decision was reached during the 317th board of directors meeting on Poush 25, where it was resolved to distribute dividends based on the paid-up capital […]

Read More
Singati Hydro Energy: Offer Letter Published, Right Shares Issue Opens on Falgun 2 15
IPO | FPO

Singati Hydro Energy: Offer Letter Published, Right Shares Issue Opens on Falgun 2

Singati Hydro Energy Limited (SHEL) is embarking on a new phase of expansion and growth with the issuance of its 100% rights shares, as outlined in its recently published offer letter. The company has opened the window for applications for these right shares in a generous ratio of 1:1 or 100%, accepting applications from 2nd […]

Read More
Sanima GIC Insurance Limited: No Dividend Declared for FY 2079/80 17
Dividend

Sanima GIC Insurance Limited: No Dividend Declared for FY 2079/80

  Sanima GIC Insurance Limited (SGIC) has recently announced its decision to refrain from distributing dividends for the Fiscal Year 2079/80. The resolution was reached during the 134th Board Meeting of SGIC, held on Magh 10, 2080. The decision not to distribute dividends stems from a careful consideration of various factors and aligns with the […]

Read More
Wean Nepal Laghubitta: No Dividend Distribution for FY 79/80 19
Dividend

Wean Nepal Laghubitta: No Dividend Distribution for FY 79/80

WNLB, as per the decision made during its recent Board Meeting on Magh 10, 2080, has opted not to distribute any dividends for the fiscal year 2079/80. This resolution is subject to the approval of the financial statements by the regulatory authority, Nepal Rastra Bank, and the forthcoming Annual General Meeting of the company. It’s […]

Read More