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Tag: Loan

NEPSE Ends Session with 1.22% Gain; SHIVM Tops Turnover 1
July 12, 2023

NEPSE Ends Session with 1.22% Gain; SHIVM Tops Turnover

NEPSE NEWS

  Today, the NEPSE index, which represents the stock market performance in Nepal, ended at 2,097.55 points. It gained 25.31 points compared to the previous…

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"Joshi Hydropower Appoints Laxmi Capital as Issue Manager for 65% Right Share Offering" 3
July 11, 2023

“Joshi Hydropower Appoints Laxmi Capital as Issue Manager for 65% Right Share Offering”

IPO | FPO, Business | Market | Economy

Joshi Hydropower Development Company has chosen Laxmi Capital Market as the issue manager to handle the issuance of its right shares to current shareholders. According…

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"Nepal Stock Exchange (NEPSE) Drops 5.53 Points in 2 Days; Intraday Turnover Plummets to Rs 2.85 Arba" 5
July 11, 2023

“Nepal Stock Exchange (NEPSE) Drops 5.53 Points in 2 Days; Intraday Turnover Plummets to Rs 2.85 Arba”

NEPSE NEWS

  The NEPSE index experienced a decline of 4.73 points, closing at 2,072.24 today, resulting in a loss of 0.23% compared to the previous trading…

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SEBON Approves 35% Right Shares of Multipurpose Finance Company; Issue of 15.82 Lakh Shares Imminent 7
July 11, 2023

SEBON Approves 35% Right Shares of Multipurpose Finance Company; Issue of 15.82 Lakh Shares Imminent

Dividend

  The Securities Board of Nepal (SEBON) has given its approval to Multipurpose Finance Company Limited (MPFL) for a rights offering. MPFL plans to issue…

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IME Life Insurance IPO Oversubscribed 1.4 Times with 10.84 Lakh Applicants 9
July 10, 2023

IME Life Insurance IPO Oversubscribed 1.4 Times with 10.84 Lakh Applicants

IPO | FPO

  IME Life Insurance Company Limited is concluding the issuance of 96,00,000 unit shares to the general public starting from today, which is the 25th…

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Macro Economic Indicators of FY 2022/23: Remittance Inflows Rise by 22.7%, Inflation at 6.83% 11
July 10, 2023

Macro Economic Indicators of FY 2022/23: Remittance Inflows Rise by 22.7%, Inflation at 6.83%

Business | Market | Economy

  As of mid-June 2023, there was a total outstanding concessional loan of Rs. 203.10 billion given to 147,510 borrowers. Out of this amount, Rs….

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"Mithila Laghubitta Converts 9% of Promoter Shares to Public Share" 13
July 10, 2023

“Mithila Laghubitta Converts 9% of Promoter Shares to Public Share”

IPO | FPO

  Mithila Laghubitta Bittiya Sanstha Limited (MLBBL) has announced a change in the proportion of shares held by the company’s promoters and the public. The…

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"NEPSE Index Remains Steady with Slight Dip as Trading Volume Reaches Rs. 3.79 Arba" 15
July 10, 2023

“NEPSE Index Remains Steady with Slight Dip as Trading Volume Reaches Rs. 3.79 Arba”

NEPSE NEWS

  The NEPSE index ended the day at 2,076.96, experiencing a slight decrease of 0.80 points or 0.04% compared to the previous closing. Yesterday, the…

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NRB Approves Merger of National and Summit Microfinance 17
July 10, 2023

NRB Approves Merger of National and Summit Microfinance

Business | Market | Economy

The Nepal Rastra Bank (NRB) has given its final approval for the merger between National Microfinance Laghubitta Bittiya Sanstha Limited (NMFBS) and Summit Laghubitta Bittiya…

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Shivam Cements (SHIVM) Price Soars 57.11% in 90 Days; Top Broker Revealed! 19
July 10, 2023

Shivam Cements (SHIVM) Price Soars 57.11% in 90 Days; Top Broker Revealed!

Business | Market | Economy

  Over the past 90 days, the stock price of Shivam Cements Limited (SHIVM) has experienced a remarkable surge. The company’s shares have soared by…

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"Ankhukhola Hydropower Approves 150% Right Shares at 15th AGM" 21
July 9, 2023

“Ankhukhola Hydropower Approves 150% Right Shares at 15th AGM”

Dividend

  During its 15th Annual General Meeting, Ankhukhola Hydropower approved a 150% increase in right shares for its current shareholders. The funds raised through these…

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Synergy Power Development Company (SPDL) Announces Book Closure Date for 50% Rights Offering 23
July 9, 2023

Synergy Power Development Company (SPDL) Announces Book Closure Date for 50% Rights Offering

Dividend

Synergy Power Development Company (SPDL) has announced the book closure date for its 50% right shares, which is set for Shrawan 12, 2080. This means…

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