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The NEPSE Index increased by an incredible amount due to the decline in interest rates. 92.22 out of 100
The NEPSE index closed at 1,963.55 today, up 92.22 points from the previous trading day’s close. This represents a 4.93% increase. Yesterday, the index rose 27.31 points. In the last three days, the index has gained approximately 125.07 points. Today’s opening price for the index is 1,871.46, which is also the intraday low. In contrast, […]
Read MoreThere will be no dividend paid to Excel Development Bank (EDBL) shareholders in fiscal year 2078/79.
Excel Development Bank Limited (EDBL) has announced that it will not pay dividends in fiscal year 2078/79. The EDBL Board of Directors decided on Chaitra 27, 2079, that no dividends will be paid for fiscal year 2078/79. The financial statements, however, are subject to approval by Nepal Rastra Bank and the company’s upcoming Annual […]
Read MoreThe capital market downturn has resulted in a significant reduction in Hathway Investment Nepal’s profitability.
Hathway Investment Nepal Limited (Hathway), Nepal’s first private-equity investment firm, generated Rs. 1277 million in operating income (OI) in fiscal year 2022. For FY 23, the company has projected an operating income of around Rs. 116 million. ICRA Ratings has assigned a long-term rating of LBBB to Hathway for long-term loans totaling Rs. 147.7 million […]
Read MoreBecause 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 […]
Read MoreRemittance 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.
Read MoreThe 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.
Read MoreToday’s gold price in Nepal has risen by Rs 500 per tola, while silver has risen by Rs 5.
Today’s gold price has risen by Rs. 500 in the domestic market. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 109,800 per tola. Yesterday, the rate remained unchanged at Rs. 109,300 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 109,300. […]
Read MoreHimalaya 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 […]
Read MoreToday’s gold price in Nepal has dropped by Rs 700 per tola, while silver has dropped by Rs 10.
Today’s gold price has dropped by Rs. 700 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 109,300 per tola. Yesterday, the rate remained unchanged at Rs. 110,000 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 108,800. In contrast, […]
Read MoreThe 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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