HAN

Commercial banks profited Rs. 36 Arba until the end of the fiscal year in Magh. 1
Business | Market | Economy

Commercial banks profited Rs. 36 Arba until the end of the fiscal year in Magh.

Statistics reveals that commercial banks combined have achieved a total net profit of Rs. 36 Arba and 89 crores. Nabil Bank is the most profitable of the 22 commercial banks, with a net profit of Rs. 4 Arba and 13 crores. Similarly, NIC Asia Bank had a net profit of Rs. 3 Arba and 67 crores. Global […]

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The NEPSE is down 6.90 points, with an intraday turnover of Rs 1.069 crore. 3
NEPSE NEWS

The NEPSE is down 6.90 points, with an intraday turnover of Rs 1.069 crore.

The NEPSE index finished at 1,926.40 today, down 6.90 points from the previous trading day’s close. This is a 0.36% decrease. Last Thursday, the index fell 5.32 points. The index began at 1,933.23 and reached an intraday high of 1,939.43 today. In contrast, it dropped as low as 1,922.22 before closing at 1,926.40. Through 30,775 […]

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Manushi Laghubitta (MLBS) and Shrijanshil Laghubitta (SHLB) Sign Merger Agreement at 1:1 Swap Ratio 5
Business | Market | Economy

Manushi Laghubitta (MLBS) and Shrijanshil Laghubitta (SHLB) Sign Merger Agreement at 1:1 Swap Ratio

Following the merger, the institution’s name was changed to Manushi Shrijanshil Laghubitta Bittiya Sanstha Limited. Similarly, for the merger, an equal share swap ratio, i.e. a 1:1 swap ratio, has been finalized. For the merger process, a joint merger committee will be formed with 3/3 representatives from both organizations. The goal is to complete the […]

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Gold will soon reach an all-time high; it has risen by Rs. 400 per tola today, while silver is trading at Rs. 1,310. 7
Gold | Silver | Forex

Gold will soon reach an all-time high; it has risen by Rs. 400 per tola today, while silver is trading at Rs. 1,310.

  Today’s gold price has risen by Rs. 400 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 107,100 per tola. Yesterday, the rate remained unchanged at Rs. 106,700 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 106,600. In contrast, […]

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9% of the promoter shares of Prime Life Insurance Company are converted into public shares. 9
Business | Market | Economy

9% of the promoter shares of Prime Life Insurance Company are converted into public shares.

  Prime Life Insurance Company Limited (PLIC) has announced a change in its promoter to public shareholding ratio. On the 24th Poush, 2079, the company held its 15th AGM. The AGM approved the board’s proposal to change the promoter/public share ratio of the company from 60:40 to 51:49. The company has now informed that if […]

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Gurans Laghubitta and Prime Commercial Bank Bonus Shares Are Finally Listed on the NEPSE 11
Business | Market | Economy NEPSE NEWS

Gurans Laghubitta and Prime Commercial Bank Bonus Shares Are Finally Listed on the NEPSE

  Gurans Laghubitta Bittiya Sanstha Limited (GLBSL) has listed 39,000 Units Bonus Shares on NEPSE. The board of directors decided to distribute the dividend from the paid-up capital of Rs. 9.75 crores at its 117th meeting on Mangsir 27. The company proposed and distributed a 4% bonus share and a 0.210526% cash dividend. As a […]

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Gold is nearing an all-time high; it gained Rs 1000 per tola today to trade at Rs 106,700, and silver is following suit. 13
Gold | Silver | Forex

Gold is nearing an all-time high; it gained Rs 1000 per tola today to trade at Rs 106,700, and silver is following suit.

In the domestic market today, the price of gold has risen by Rs. 1000. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 106,700 per tola. Yesterday, the rate remained unchanged at Rs. 105,700 per tola. Meanwhile, Tejabi gold is currently trading at Rs. […]

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Deprosc Laghubitta holds its 21st annual general meeting, at which it approves a 21.05% dividend and the acquisition of Adarsha Laghubitta. 15
Dividend

Deprosc Laghubitta holds its 21st annual general meeting, at which it approves a 21.05% dividend and the acquisition of Adarsha Laghubitta.

  Mr. Deepak Khanal, chair of Deprosc Laghubitta, presided over the company’s 21st AGM. For the previous fiscal year, the AGM approved 10% bonus shares and 11.052632% cash dividends for its shareholders. According to the media statement, the company’s paid-up capital will increase to Rs 1.52 arba after the bonus shares.

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Multipurpose Finance (MPFL) seeks approval from SEBON to issue 35% right shares. 17
Business | Market | Economy

Multipurpose Finance (MPFL) seeks approval from SEBON to issue 35% right shares.

Multipurpose Finance Company Limited handled the process of issuing rights shares (MPFL). In an application filed on February 29, the company requested approval from the Securities and Exchange Commission (SEBON) to issue rights shares. If SEBON grants permission for the said right shares, MPFL will distribute 35 percent of the paid-up capital, or 1:0.35, to […]

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NEPSE drops by only 0.27% to settle at 1,933.31 levels. 19
NEPSE NEWS

NEPSE drops by only 0.27% to settle at 1,933.31 levels.

  The NEPSE index closed at 1,933.31 today, down 5.32 points from the previous trading day’s close. This is a 0.27% decrease. Yesterday, the index fell 14.44 points. Today, the index opened at 1,938.62 and closed at 1,919.93. In contrast, it reached a high of 1,946.77 before settling at 1,933.31. Through 26,375 transactions, 258 scrips […]

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