Tag: Her

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

    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. Limited (SALICO) recorded the highest loss of 6.45% today.

    Among the sector indices, only four closed in positive territory, with the “Manufacturing and Processing” sector gaining the highest at 0.52%. The “Non-Life Insurance” sector had the highest decline, losing 0.62% today.

  • Nepal Chamber Expo 2023 to Feature Over 150 Stalls of National and International Manufacturers

    Nepal Chamber Expo 2023 to Feature Over 150 Stalls of National and International Manufacturers


    The Nepal Chamber of Commerce has announced that it will be hosting the Nepal Chamber Expo 2023 from Jestha 4 to 8, 2080 at Bhrikutimandap, Kathmandu. Over 150 stalls featuring a wide range of national and international manufacturers will be present at the event. Exhibits will include items such as automobiles, electrical and electronics, home appliances, fashion wear and accessories, garments and textiles, mobile and gadgets, fast-moving consumer goods, hydro, logistics, handicrafts and handlooms, shoes and leather items, cosmetics, and food and dairy products. These details were disclosed in a media statement.

  • Chitwan will host the 7th Chitwan International Industrial Fair beginning on Baisakh 22.

    Chitwan will host the 7th Chitwan International Industrial Fair beginning on Baisakh 22.


     

    CNI Chitwan, in collaboration with other government and non-government organizations, will host the 7th International Chitwan Industrial Fair 2080 on Baisakh 22, 23, and 24, 2080 at the Chitwan Exhibition Hall in Bharatpur.

     

  • ‘Himalayan Stock Exchange’ applied for license of new stock exchange

    ‘Himalayan Stock Exchange’ applied for license of new stock exchange


    “Himalayan Stock Exchange” has applied for a license to the Nepal Securities Board for a new stock exchange. The application has been filed by Himalayan Stock Exchange, which has been established with the participation of prominent business families in Nepal, including Shankar Group, along with the largest industrial houses in Nepal such as Shekhar Golchha of Nepal Chamber of Commerce and Industry, former presidents of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Pashupati Murarka, Rajendra Khetan of Khetan Group, Satish Lal Mor of Lucky Group, Vivek Dugar of Dugar Group, Shourabh Jyoti of Jyoti Group and other major traders and business houses. This is the first application for a stock exchange license by Himalayan Stock Exchange.

    The application has been filed by Himalayan Stock Exchange, along with investment from Rohit Gupta, Ashish Shrestha, Juni Gurung, and Deepak Bhatta.

    The deadline for applying for a license for the commodity exchange (Commodity Exchange) along with the stock exchange is until 10th Baisakh, 2079 (April 22, 2023). So far, only one application has been submitted under the name of Himalayan Stock Exchange.

    Similarly, there has been no application filed until Friday for the commodity exchange. The applications for the stock and commodity exchanges are separate.

     

  • Gold has dropped by Rs 800 per tola and is now trading at Rs 110,000.

    Gold has dropped by Rs 800 per tola and is now trading at Rs 110,000.


    In the domestic market today, fine gold is down Rs. 800 per tola, while tejabi gold is down Rs. 750 from yesterday’s pricing.

    Fine gold is now trading at Rs. 110,000 per tola, according to the Federation of Nepal Gold and Silver Dealers’ Association’s official website. Yesterday, the price per tola remained constant at Rs. 110,800. Meanwhile, the price of Tejabi gold is at Rs. 109,500. In contrast, yesterday’s price remained unchanged at Rs. 110,250 per tola.

    Silver, on the other hand, has remained stable at Rs. 1,4

  • Ganapati Laghubitta calls the 6th AGM and approves all financial reports.

    Ganapati Laghubitta calls the 6th AGM and approves all financial reports.


     

    Ganapati Laghubitta held its 6th AGM on Chaitra 25, 2079, under the chairmanship of Ms. Archana Pradhan.

     

    According to the media statement, the AGM approved all fiscal and other reports presented by microfinance officials.

  • Asian Life Insurance will support the 8.947% dividend.

    Asian Life Insurance will support the 8.947% dividend.


     

    Asian Life Insurance Company Limited (ALICL) has scheduled its 15th Annual General Meeting for the 18th of Baisakh, 2080. The meeting will begin at 11:30 a.m. that day in Hotel Classic Simara, Bara.

    Among the other items on the agenda, the AGM will approve an 8.947% dividend of Rs. 26.01 crores for fiscal year 2078/79. The board of directors decided today (Falgun 30) to distribute 8.50% bonus shares and a 0.447% cash dividend (for tax purposes). The value of the bonus shares is Rs. 24.71 crores, and the cash dividend is slightly more than Rs. 1.30 crores. ALICL’s current paid-up capital is Rs. 2.90 Arba.

     

  • What Rawa Energy Development Prospective Investors Should Know

    What Rawa Energy Development Prospective Investors Should Know


     

    Rawa Energy Development Ltd is a public limited company that was founded as a private limited company on August 16, 2009 and later converted to a public limited company on June 28, 2019. It is promoted by businesspeople with extensive experience in hydropower and other sectors for the establishment of Hydroelectric Projects (HEP) in Nepal. In Khotang District, the company operates a 3 MW Upper Rawa Khola Small Hydropower Project (URKHP), which has been in commercial operation since September 20, 2020. The project is being built using the BOOT (Build, Own, Operate, and Transfer) model.

  • NEPSE closes in the green: 8.39 points higher, while turnover falls to Rs 81.6 crores.

    NEPSE closes in the green: 8.39 points higher, while turnover falls to Rs 81.6 crores.


    The NEPSE index finished at 1,875.07 today, up 8.39 points from the previous trading day’s close. This is a 0.45% increase. Yesterday, the index fell 5.20 points.

    Today, the index began at 1,866.83 and closed at 1,857.63. In contrast, it reached a high of 1,878.53 before closing at 1,875.07.

    Through 21,504 transactions, 262 scrips changed hands. A total of 2,602,956 shares were traded, totaling Rs. 81.6 crores in turnover. This is less than the previous day’s turnover of Rs. 91.76 Crores.

    SHIVAM CEMENTS LTD (SHIVM) shares were the most actively traded, with a total turnover of Rs. 6.43 crores at a market price of Rs. 409 per share.

    Kalinchowk Darshan Limited (KDL) had the highest profit of 9.97%.

  • Mahila Laghubitta (MLBSL) Bonus Shares (47.5%) Listed on NEPSE

    Mahila Laghubitta (MLBSL) Bonus Shares (47.5%) Listed on NEPSE


     

    NEPSE has listed 7,00,625 unit bonus shares of Mahila Laghubitta Bittiya Sanstha Limited (MLBSL).

    On 21st Falgun, the company held its 5th AGM for FY 2078/79 and approved a 50% dividend worth Rs. 7.37 crores for the fiscal year 2078/79. On Poush 26, the 51st board of directors decided to distribute the dividend on the paid-up capital of Rs. 14.75 crores. There was a proposal for 47.5% bonus shares worth Rs 7 crores and a 2.5% cash dividend (including tax) worth Rs 36.87 lakhs.