Tag: Investment

  • NICL’s Investment Income Boosts Net Profit Growth by 232.33%; EPS Reaches Rs. 60.55

    NICL’s Investment Income Boosts Net Profit Growth by 232.33%; EPS Reaches Rs. 60.55


    Nepal Insurance Company Limited (NICL) has released its report for the second quarter of fiscal year 2080/81, showing a significant rise in net profit by 232.33%. The company earned a net profit of Rs. 49.77 crores compared to Rs. 14.97 crores in the same quarter of the previous fiscal year.

    Moreover, NICL has also increased its insurance fund by 4.95%, reaching Rs. 1.81 Arba in Q2 of FY 2080/81. Additionally, there has been a notable surge of 346.45% in the company’s income from investments, loans, and other sources, totaling Rs. 71.43 crores.

     

  • Banks planning to reduce deposit interest further, no approval required for foreign investment in stocks

    Banks planning to reduce deposit interest further, no approval required for foreign investment in stocks


    is this a good news?

    Sources: [https://merolagani.com/NewsDetail.aspx?newsID=99417](https://merolagani.com/NewsDetail.aspx?newsID=99417)

    [https://merolagani.com/NewsDetail.aspx?newsID=99415](https://merolagani.com/NewsDetail.aspx?newsID=99415)

    View on r/NepalStock by captainright1

  • investment opinion of members of this sub

    investment opinion of members of this sub


    [saw this post](https://www.reddit.com/r/NepalStock/comments/1ajclx4/what_should_i_do_i_got_to_know_about_this_recently/) OP’s dad invested 50L in nabil and is in constant loss.
    Most of you are saying make it a long term thing, 1500-1600 samma bechna sakchau. do you guys even realized what you saying? nabil is already a 1.2 kharab company. 1500-1600 would mean it to be around 4 kharab company in market capitalization. what makes you think nabil will reach there?

    Stock’s arent driven by past prices, but are driven by future potential, fundamentally speaking. Supply and demand plays vital role in stock market performance. Nabil and overall banking sector is heavily capitalized i.e lots of float shares. business growth is in low trend since past few years. NPL ta dhilo chado recover hola but bubble price maa nabil feri pugcha vanne kei base chaina. and stock market performance shows that. I really had never seen nabil below 600-700 ever.

    Past maa nabil 1700 pugyathyo, arko bull maa feri pugcha is the worst thing you’d want to assume (talking from experience)
    Chilime, SCB ,SBI,EBL 8-10 year agi high price maa kinne haru are still in loss. and mind you thats a long time. finally after so long they are showing some positivity. they were hit hard by NRB’s mandatory capital increment policy. this is what overcapitalization does to banks. nabil probably in same road.

    business potential, market capitalization , growth trend herera investment garnus , mero sano advice , take it or leave it.
    personally I prefer banks like sanima, pcbl, gbime rather than nabil. NABIL ko tyo price was never justified, it was a balloon because of bonus share ko addiction in nepse. similar business vako aru bank ko average price tira aaune chances is high in Nabil.

    idk if the guy whose dad bought 50L worth of nabil will read it or not; if I were you I’d Sell NABIL and buy GBIME, SANIMA,IGI, SHPC .

    View on r/NepalStock by capitalistaf

  • Nepal Investment Mega Bank to Issue Rs. 4.40 Arba “10% NIMB Debenture 2090” from 1st Falgun

    Nepal Investment Mega Bank to Issue Rs. 4.40 Arba “10% NIMB Debenture 2090” from 1st Falgun


    Nepal Investment Mega Bank Limited (NIMB) has released an offer letter announcing the issuance of 40,40,000 units of “10% NIMB Debenture 2090” to the general public. This debenture comes with a 10-year maturity period and a 10% coupon rate, and the application period is set from 1st Falgun to 4th Falgun, 2080. In case of undersubscription, the deadline may be extended to Falgun 15, 2080.

    The units, valued at Rs. 1000 each, will amount to a total of 40.40 lakh units. Of these, 60%, equivalent to 24.24 lakh units, will be subscribed through private placement. The remaining 16.16 lakh units, valued at Rs. 1.61 Arba, will be available for public issuance. Additionally, 5%, or 80.80 thousand units, will be allocated for mutual funds. The total fund raised from this issuance is anticipated to be Rs. 4.40 Arba.

     

  • Nepal Investment Mega Bank: No Dividends for FY 2079/80

    Nepal Investment Mega Bank: No Dividends for FY 2079/80


    In a strategic move prioritizing financial stability, Nepal Investment Mega Bank Limited (NIMB) has declared a noteworthy decision in its 598th Board Meeting held on Magh 19, 2080. The bank has chosen not to distribute dividends for the Fiscal Year 2079/80. This prudent decision reflects NIMB’s commitment to fortifying its financial reserves and aligning with industry dynamics. While awaiting approvals from Nepal Rastra Bank and the imminent Annual General Meeting, NIMB’s decision underscores its focus on maintaining a robust financial foundation, ensuring sustained growth, and fortifying its position in the banking sector.

     

  • I couldn’t list/sell SIGS3(Siddhartha Investment Growth Scheme-3) using TMS.

    I couldn’t list/sell SIGS3(Siddhartha Investment Growth Scheme-3) using TMS.


    I called both the broker (33) and siddharth capital. Both of them are blaming each other. Capital says you can do it through TMS & TMS says you should call Capital. I cannot sell SIGS3 that is with me. What exactly is the problem? I happened to sell KSLY using signup on the Kumari capital portal and I’m left with this Siddhartha Investment Growth Scheme-3 (SIGS-3). What do you think I should do next to get rid of this MF?
    [https://www.siddharthacapital.com/mutual-fund/siddhartha-investment-growth-scheme-3-sigs-3/](https://www.siddharthacapital.com/mutual-fund/siddhartha-investment-growth-scheme-3-sigs-3/)

    View on r/NepalStock by notprofessorbean

  • Taxation of gains from investments for an investment company

    Taxation of gains from investments for an investment company


    Would capital gains tax (10%) be the final tax?

    View on r/NepalStock by FinalSurgeOfDopamine

  • Nepal Investment Mega Bank Q2 Report: 13.62% Net Profit Decline Amid Strong Financial Position

    Nepal Investment Mega Bank Q2 Report: 13.62% Net Profit Decline Amid Strong Financial Position


    Nepal Investment Mega Bank Limited (NIMB) has recently disclosed its financial performance for the second quarter of fiscal year 2080/81, indicating a 13.62% decrease in net profit, which now stands at Rs 1.08 Arba.

    Despite the decline in net profit, the bank remains in a strong financial position with a total paid-up capital of Rs. 34.12 Arba and reserves amounting to Rs. 26.07 Arba. It is important to note the negative retained earnings at Rs 1.95 Arba.

    During the same period, the bank’s total deposits reached an impressive Rs 3.89 Kharba, while loans and advances to customers totaled Rs 3.12 Kharba. An encouraging aspect was the substantial 80.20% increase in Net Interest Income, reaching Rs. 7.54 Arba. However, the financial report also highlighted significant expenditures, including personnel expenses of Rs. 1.73 Arba and impairment charges of Rs. 2.86 Arba.

    In terms of key financial metrics for the second quarter, NIMB reported an annualized Earnings Per Share (EPS) of Rs 10.56, and the net worth per share stood at Rs 170.68. Nonetheless, concerns arose as the Non-Performing Loans (NPL) spiked to 4.75%. Additionally, the bank revealed a negative distributable profit of Rs. 1.95 Arba.

  • Any suggestions for long term investment?

    Any suggestions for long term investment?


    I want to invest for long term along with reinvesting all dividends . What shares may be best for my case? Long term growth rather than high growth in short term OR should I go all in on commercial bank?

    View on r/NepalStock by nasdkasjnxamsda

  • Is SIP on stocks like GBIME, SANIMA, NIFRA and GCIL a good investment?

    Is SIP on stocks like GBIME, SANIMA, NIFRA and GCIL a good investment?


    Malai stock ma sip garna man cha. I want to do sip in the above stocks. Do you think they are good stocks?

    View on r/NepalStock by Tricky_Designer4722

  • investment using private equity firm

    investment using private equity firm


    hello has anyone invested using private equity firms in nepal? if so can you tell me the returns and what’s the minimum investment to start?

    View on r/NepalStock by curious-af-9550

  • NEPSE Index Soars by 1.80% in Today’s Trading Session: Highlights of Positive Market Momentum

    NEPSE Index Soars by 1.80% in Today’s Trading Session: Highlights of Positive Market Momentum


    The Nepal Stock Exchange (NEPSE) Index demonstrated a substantial increase of 36.57 points, equivalent to 1.80%, compared to the previous day’s closing, settling at 2,059.49 points. This positive shift follows a downturn of 26.36 points in the preceding trading session. The day commenced with the index opening at 2025.89, registering an intraday low of 2,025.62, and reaching a peak at 2,059.66.

    Throughout today’s trading activities, a total of 309 distinct stocks were traded in 99,524 transactions, yielding a trading volume of 13,709,276 shares and an overall turnover of Rs. 4.67 Arba. The market capitalization stood at Rs. 32.00 Kharba, accompanied by a float market capitalization of Rs. 11.06 Kharba.

    Sonapur Minerals And Oil Limited (SONA) took the lead in terms of turnover, amounting to Rs. 21.84 crores, and concluded with a market price of Rs. 506.

    Six companies experienced a positive circuit during the day, contributing to the overall upward trend in the market. Conversely, Narayani Development Bank Limited (NABBC) incurred the most significant loss, totaling 5.46%.

    In the sector indices, with the exception of the “Mutual Fund Index,” all other sectors concluded on a positive note. The “Life Insurance Index” observed the most substantial gain, surging by 3.72%, while the “Mutual Fund Index” recorded a marginal loss of 0.01%.