Tag: Major

  • NEPSE Wraps Week with 1.64% Loss & Rs 20.46 Arba Turnover: Weekly Summary & Analysis

    NEPSE Wraps Week with 1.64% Loss & Rs 20.46 Arba Turnover: Weekly Summary & Analysis


    This week, the NEPSE Index ended at 2,062.03, dropping by 34.29 points or 1.64%. Last week, it closed at 2,096.32, showing a gain of 1.42%.

    Throughout this week, the index fluctuated between 2,108.73 and 2,055.82, experiencing a total volatility of 52.91 points. The previous week had a slightly higher volatility of 53.61 points.

    The most significant intraday loss occurred on Tuesday, amounting to 30.57 points, with a turnover of Rs 4.66 Arba. However, the total turnover for the week stood at Rs 20.46 Arba.

     

  • Siddhartha Premier Insurance’s 30th AGM: Dividend and Election Key Agendas

    Siddhartha Premier Insurance’s 30th AGM: Dividend and Election Key Agendas


    Siddhartha Premier Insurance Limited (SPIL) has scheduled its 30th Annual General Meeting (AGM) for the 30th of Falgun, 2080. The AGM will take place at Lisara Receptions, Bhagwati Bahal, Kathmandu, starting at 11:00 a.m. On the agenda is the endorsement of an 11% cash dividend for the fiscal year 2079/80, totaling Rs. 30.87 crores, as decided in the 19th Board of Directors meeting held on Magh 21. SPIL’s current paid-up capital is Rs. 2.80 Arba.

    Additionally, the AGM will review and approve the auditor’s report along with the profit and loss statements, financial reports, and cash flow reports. An auditor will also be appointed for the fiscal year 2080/81. Furthermore, there will be elections to select six directors, including four from the promoter shareholder group and two from the public shareholder group.

     

  • Rangoon Khola Hydropower Announces AGM on Falgun 9, IPO Issuance Key Agenda

    Rangoon Khola Hydropower Announces AGM on Falgun 9, IPO Issuance Key Agenda


    Rangoon Khola Hydropower Limited is set to convene its inaugural Annual General Meeting (AGM) on the 9th of Falgun, 2080. The meeting, scheduled to commence at 11:00 AM at the Company’s Register Office in Sukedhara, Kathmandu, holds significant importance as it addresses crucial agenda items. Among them, the AGM will focus on the endorsement of the company’s annual report, including key financial aspects such as profit and loss statements, financial reports, and cash flow reports for the fiscal year 2079/80. Additionally, the shareholders will deliberate on the appointment of auditors and determine their remuneration, shaping the financial oversight and transparency of Rangoon Khola Hydropower Limited in the upcoming fiscal year. This AGM serves as a pivotal moment for stakeholders to contribute to the strategic decisions and financial governance of the hydropower company.

     

  • NEPSE Index Gains 3.20% Despite Ups and Downs

    NEPSE Index Gains 3.20% Despite Ups and Downs


    n the recent trading week, the NEPSE index closed at 2,155.82, marking a notable 3.20% gain from the previous week’s closing at 2,088.99. The index experienced volatility, ranging from 2,093.46 to 2,215.29, with a fluctuation of 121.83 points. Key indicators, such as the RSI and MACD, suggest a bullish trend, but further confirmation is needed. The highest intraday gain occurred on Tuesday, with 54.55 points and a weekly turnover of Rs 31.41 Arba.

    Himalayan Reinsurance Limited (HRL) emerged as the top gainer, closing at Rs. 653 with a 44.28% increment. Conversely, Mid Solu Hydropower Company Limited (MSHL) saw a 9.07% decrease, closing at Rs. 510.10. In terms of turnover, HRL was the most traded company, with shares worth Rs. 2.56 Arba exchanged. Naasa Securities Co. Ltd (Broker No- 58) stood out as both the top buyer and seller broker during the week.

  • Reliable Nepal Life Insurance (RNLI) Announces 16.84% Dividend and AGM Plans for Fiscal Year 2079/80

    Reliable Nepal Life Insurance (RNLI) Announces 16.84% Dividend and AGM Plans for Fiscal Year 2079/80


    Reliable Nepal Life Insurance Limited (RNLI) has scheduled its 7th Annual General Meeting (AGM) to take place on the 29th of Magh, 2080. The venue for the meeting is Lisara Banquet in Gyaneshwor, Kathmandu, commencing at 11 AM on the specified day.

    One of the key items on the AGM’s agenda is the approval of a 16.84% dividend for the fiscal year 2079/80. This decision was made during the 126th board of directors meeting on Poush 24. The proposed dividend, to be distributed on the paid-up capital of Rs. 4 Arba, includes a 16% bonus shares valued at Rs. 64 crore and a 0.84% cash dividend amounting to Rs. 3.36 crore. The allocation of a cash dividend is intended to cover the tax amount on the bonus shares.

    Additionally, the AGM will address various matters such as endorsing the auditor’s report, which encompasses Profit and Loss statements, financial reports, and cash flow reports. The appointment of an auditor for the fiscal year 2080/81 is also slated for approval. Furthermore, there will be discussions on approving the allowances for the board of directors and the election of 2 directors from the public shareholding group.

    The book closure date for entitlement to the dividend payout and participation in the AGM is set for Magh 15. Shareholders who maintain their positions before this date are eligible for the proposed dividends and can actively participate in the AGM proceedings.

  • NEPSE Concludes The Week With 0.95% Loss and Turnover of Rs 18.15 Arba; Weekly Summary with Sector Comparison, Major Highlights, and More

    NEPSE Concludes The Week With 0.95% Loss and Turnover of Rs 18.15 Arba; Weekly Summary with Sector Comparison, Major Highlights, and More


    The Nepal Stock Exchange (NEPSE) experienced fluctuations during the week, witnessing its highest intraday loss of 30.05 points on Tuesday, accompanied by a turnover of Rs 4.04 Arba. However, the total turnover for the week reached Rs 18.15 Arba, with over 4.96 crore unit shares traded through 3,92,995 transactions. The current market capitalization of NEPSE stands at Rs. 3,183,416.94 million, equivalent to Rs 31.83 Kharba.

    The NEPSE index declined by 0.95% over the week, and only four sector indices closed in the green. Among the top gainers of the week, Muktinath Krishi Company Limited (MKCL) showed significant growth, closing at Rs. 615.80 with a 46.34% increment.

    Conversely, Himalayan Bank Limited Promoter (HBLPO) faced a notable decline of 26.03%, with its last traded price (LTP) standing at Rs. 221.90. The analysis includes data from the SS Pro Software, covering top stocks by turnover, volume, and number of transactions.

    Sonapur Minerals and Oil Limited (SONA) emerged as the top-traded company of the week, with shares worth Rs. 93.10 Crore being traded. Naasa Securities Co. Ltd (Broker No- 58) played a significant role, being the top buyer broker with purchases amounting to Rs. 1.10 Arba. On the selling side, Naasa Securities Co. Ltd (Broker No- 58) also held the top position, selling stocks worth Rs. 1.32 Arba. The detailed analysis was conducted using the SS Pro Software, providing insights into the market dynamics throughout the week.