increase

Because of the Liquor Industry's Boom and Bust Period 1
Business | Market | Economy

Because of the Liquor Industry’s Boom and Bust Period

  Vijay Distillery Private Limited (VDPL), which manufactures liquor brands such as Ruslan Vodka, generated Rs. 2085 million in sales revenue in 2022. The company’s revenue has decreased by Rs. 59.3 crores compared to FY 2021. For fiscal year 20/21, the company generated sales revenue of Rs. 2678 crore (Million). VDPL’s profit margin for FY2022 […]

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Remittance inflows increased by 25.3% to Rs. 794.32 billion in the first eight months of fiscal year 2022/23. 3
Business | Market | Economy

Remittance inflows increased by 25.3% to Rs. 794.32 billion in the first eight months of fiscal year 2022/23.

  Nepal Rastra Bank (NRB), Nepal’s central bank, has released the country’s current macroeconomic and financial situation based on eight months of data ending in mid-March 2022/23.

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The NEPSE Index rises 27.31 points to close at 1,871.33. 5
NEPSE NEWS

The NEPSE Index rises 27.31 points to close at 1,871.33.

  The NEPSE index closed at 1,871.33 today, up 27.31 points from the previous trading day’s close. This represents a 1.48% increase. Yesterday, the index rose 5.54 points. Today, the index opened at 1,845.65 and closed at 1,844.41. In contrast, it reached a high of 1,872.11 before closing at 1,871.33.  

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Himalaya Urja Bikas Company Receives Electricity Regulatory Commission Approval to Issue 100% Right Shares 7
Business | Market | Economy

Himalaya Urja Bikas Company Receives Electricity Regulatory Commission Approval to Issue 100% Right Shares

  Himalaya Urja Bikas Company Limited (HURJA) has been granted permission by the Electricity Regulatory Commission (ERC) to issue rights shares to the general public. The Electricity Regulatory Commission (ERC) has approved the distribution of right shares in a 1:1 ratio. The company proposed issuing right shares in a 1:2 ratio, or 200% of the […]

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The NEPSE Index rises by 0.30%, while IPO rookie TAMOR encounters a circuit breaker. 9
NEPSE NEWS

The NEPSE Index rises by 0.30%, while IPO rookie TAMOR encounters a circuit breaker.

  The NEPSE index closed at 1,844.02 today, up 5.54 points from the previous trading day’s close. This represents a 0.30% increase. Yesterday, the index fell 28.31 points. Today, the index opened at 1,837.65 and closed at 1,833.08. In contrast, it reached a high of 1,851.49 before settling at 1,844.02.  

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For Fiscal Year 2078/79, Samudayik Laghubitta increased the dividend rate to 15%. 11
Dividend

For Fiscal Year 2078/79, Samudayik Laghubitta increased the dividend rate to 15%.

  For the fiscal year 2078/79, Samudayik Laghubitta Bittiya Sanstha Limited (SLBSL) has reduced the dividend percentage from 21.05263% to 15%. Previously, from the paid-up capital of Rs. 13.20 crores, 10% bonus shares worth Rs. 1.32 crores and 11.05263% cash dividend (tax purposes) worth Rs. 1.45 crores were proposed.

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Gold sets a new all-time high, gaining Rs 2000 per tola in a single day to trade at Rs 111,000. 13
Gold | Silver | Forex

Gold sets a new all-time high, gaining Rs 2000 per tola in a single day to trade at Rs 111,000.

Gold prices continue to break all-time highs. Today’s increase is due to a single-day gain of Rs. 2000 in fine gold, while tejabi gold has climbed by Rs. 1,950 from yesterday’s price. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading at Rs. 111,000 per tola. […]

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NEPSE closes in the green: 8.39 points higher, while turnover falls to Rs 81.6 crores. 15
NEPSE NEWS

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 […]

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Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend. Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend. 17
Dividend

Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend. Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend.

Prudential Insurance had its 21st Annual General Meeting (AGM) on Chaitra 16, 2079, under the chairmanship of Mr. Vishal Agrawal.   Apart from standard financial reports, the AGM approved a taxation proposal of 3.325% bonus shares and 0.17% cash dividend. According to the media announcement, the company’s paid-up capital would increase to Rs 1.22 arba.

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Gurans Life Insurance Company Holds Annual General Meeting on Baisakh 06 to Approve 13.27% Bonus Dividend and Merger-Related Agendas 19
Dividend

Gurans Life Insurance Company Holds Annual General Meeting on Baisakh 06 to Approve 13.27% Bonus Dividend and Merger-Related Agendas

  Gurans Life Insurance Company Limited (GLICL) has scheduled its 13th Annual General Meeting for the 6th of Baisakh, 2080. The meeting will begin at 10:30 a.m. that day at the company’s headquarters in Tinkune, Kathmandu. Among the other items on the agenda, the AGM will approve 13.2712772% bonus shares for fiscal year 2078/79. The […]

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