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Gold Prices in Domestic Market Decline by Rs. 800 per Tola, Silver Also Witnesses a Decrease 1
Gold | Silver | Forex

Gold Prices in Domestic Market Decline by Rs. 800 per Tola, Silver Also Witnesses a Decrease

Gold prices in the domestic market have experienced a decline of Rs. 800 per tola. The official website of the Federation of Nepal Gold and Silver Dealers’ Association indicates that fine gold is currently trading at Rs. 110,800 per tola, down from yesterday’s rate of Rs. 111,600 per tola. Similarly, Tejabi gold is being traded […]

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Nerude Laghubitta Bittiya Sanstha Limited reports a significant decline in net profit and increase in NPL for Q3 FY 2079/80 3
Business | Market | Economy

Nerude Laghubitta Bittiya Sanstha Limited reports a significant decline in net profit and increase in NPL for Q3 FY 2079/80

Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) has released its third-quarter report for FY 2079/2080, revealing a significant decline in net profit by 85.22%. According to the report, the net profit decreased to Rs. 3.15 crores, compared to Rs. 21.37 crores in the corresponding quarter of the previous year. The company’s borrowings decreased by 5.57% to […]

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Listing of 4,77,020 Bonus Shares of Asha Laghubitta Bittiya Sanstha Limited (ALBSL) on NEPSE 5
NEPSE NEWS

Listing of 4,77,020 Bonus Shares of Asha Laghubitta Bittiya Sanstha Limited (ALBSL) on NEPSE

Asha Laghubitta Bittiya Sanstha Limited (ALBSL) Lists 4,77,020 Bonus Shares on NEPSE at an LTP of Rs. 670 Following the convening of its 6th Annual General Meeting on 11th Chaitra, Asha Laghubitta Bittiya Sanstha Limited (ALBSL) has listed 4,77,020 unit bonus shares on the Nepal Stock Exchange (NEPSE). The AGM had approved a 15% dividend […]

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NIC Asia Laghubitta Bittiya Sanstha Limited Reports 58.93% Decline in Net Profit for Q3 FY 2079/2080 7
Business | Market | Economy

NIC Asia Laghubitta Bittiya Sanstha Limited Reports 58.93% Decline in Net Profit for Q3 FY 2079/2080

NIC Asia Laghubitta Bittiya Sanstha Limited (NICLBSL) has released its third-quarter report for FY 2079/2080, indicating a significant decline in net profit by 58.93%. According to the report, the net profit dropped to Rs. 23.24 crore, compared to Rs. 56.60 crore in the same quarter of the previous year. The company’s borrowings decreased by 12.91% […]

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Analysis of Nepal Rastra Bank's Third Quarter Monetary Policy Review for Fiscal Year 2079/80 9
Business | Market | Economy

Analysis of Nepal Rastra Bank’s Third Quarter Monetary Policy Review for Fiscal Year 2079/80

The Nepal Rastra Bank (NRB) has recently published its third quarterly review of the monetary policy for the fiscal year 2079/80. The primary objectives of the NRB, as outlined in the Nepal Rastra Bank Act of 2058, are to ensure price and exchange stability for the overall economic stability and long-term growth of the country. […]

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Bindhyabasini Hydropower Development Company Limited Reports a 48.81% Decrease in Q3 Net Profit Due to Machinery Breakdown 11
Business | Market | Economy

Bindhyabasini Hydropower Development Company Limited Reports a 48.81% Decrease in Q3 Net Profit Due to Machinery Breakdown

Bindhyabasini Hydropower Development Company Limited (BHDC) has published its Q3 report of FY 2079/80, reporting a 48.81% decrease in net profit. The company’s net profit has reached Rs. 6.41 crores in this quarter compared to Rs. 12.53 crores in the corresponding quarter of the previous year. The company’s total revenue stood at Rs. 21.02 crores, […]

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Jeevan Bikas Laghubitta Bittiya Sanstha Limited Reports a 46.1% Decline in Net Profit in Q3 FY 2079/2080 13
Business | Market | Economy

Jeevan Bikas Laghubitta Bittiya Sanstha Limited Reports a 46.1% Decline in Net Profit in Q3 FY 2079/2080

Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB), a microfinance company in Nepal, recently released its third-quarter report for the fiscal year 2079/2080. The report indicated a decline in net profit by 46.1% to Rs. 32.92 crore compared to the same period in the previous year, which was Rs. 61.09 crore. The company attributed the decline […]

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Last Day to be Eligible for Rights Offering of Himal Dolakha Hydropower Company Limited 15
Dividend Business | Market | Economy

Last Day to be Eligible for Rights Offering of Himal Dolakha Hydropower Company Limited

Himal Dolakha Hydropower Company Limited (HDHPC) is currently offering 12,000,000 unit right shares at a par value of Rs. 100. The rights issue has been approved by the Securities Exchange Board of Nepal (SEBON) and is being managed by Laxmi Capital Markets Limited. The current paid-up capital of the company is Rs. 1.60 Arba, and […]

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Prabhu Life Insurance proposes dividend for the first time 17
Dividend

Prabhu Life Insurance proposes dividend for the first time

Prabhu Life Insurance Limited (PLI) has proposed a dividend of 10.526% for the fiscal year 2077/78. This is the first dividend the company has proposed since being listed on the Nepal Stock Exchange (NEPSE). The company’s board of directors, at its 140th meeting held on Baisakh 25, has decided to distribute a dividend consisting of […]

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Garima Bikas Bank Distributes 13% Bonus Shares and Endorses 14.5% Dividend for Fiscal Year 2078/79 19
Dividend

Garima Bikas Bank Distributes 13% Bonus Shares and Endorses 14.5% Dividend for Fiscal Year 2078/79

Garima Bikas Bank Limited has distributed 13% bonus shares directly to the DEMAT account of its shareholders and has urged them to dematerialize their shares. This was announced after the bank’s 16th AGM where it also endorsed a 14.5% dividend worth Rs. 66.56 Crores for the fiscal year 2078/79. The board of directors meeting held […]

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