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Nabil Bank Limited Reports Q1 2080/81 Financials: Resilience Amidst Net Profit Dip
Nabil Bank Limited (NABIL) has unveiled its comprehensive financial report for the initial quarter of the fiscal year 2080/81, offering valuable insights into the bank’s performance. During this quarterly review, the bank reported a 6.51% reduction in its net profit. Net profit decreased from NPR 1.57 Arba in the first quarter of FY 2079/80 to […]
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Nepal Investment Mega Bank (NIMB) Reports Impressive Q1 2080/81 Profits with 33.47% Growth
Nepal Investment Mega Bank Limited (NIMB) has recently unveiled its first-quarter report for the fiscal year 2080/81, demonstrating a remarkable 33.47% surge in its net profit. The bank’s profit soared to NPR 1.52 Arba during this period, indicating a positive trend in its financial performance. In terms of financial standing, the same period disclosed a […]
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Hotel Forest Inn Ltd. Seeks SEBON Approval for IPO, Plans to Raise NPR 98 Crores
The IPO (Initial Public Offering) of Hotel Forest Inn Ltd. is currently in the approval process within the IPO pipeline of the Securities Board of Nepal (SEBON). Hotel Forest Inn Ltd. has presented a proposal to the regulatory body of the capital market, seeking permission to issue 9,800,000 shares as part of their IPO. This […]
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Auction of 100,000 Kumari Bank Limited Promoter Shares Commences for Existing Shareholders
The current owner of Kumari Bank Limited (KBL) is initiating an auction for the sale of 100,000 units of shares exclusively to its existing promoter shareholders. Durga Prasad Pandey, a promoter of KBL, is the seller, and he is offering these 100,000 promoter shares for auction. Interested parties are invited to participate in this auction, […]
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Gold Prices Surge by Rs. 700 Per Tola in Nepali Market
The price of gold, a highly valued precious metal, has witnessed a notable increase of Rs. 700 per tola compared to the trading price recorded on Wednesday. The Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA) reported today that fine gold is currently being traded at Rs. 1,15,700 per tola, marking a Rs. 700 […]
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Chirkhwa Hydro Power Limited Successfully Allots IPO Shares to Strong Demand, Achieving Oversubscription
The IPO allotment of Chirkhwa Hydro Power Limited has been successfully concluded at the offices of the issue manager, RBB Merchant Banking Limited in Kathmandu. Chirkhwa Hydro Power Limited had initially issued 8,59,300 unit IPO shares at a par value of Rs 100 for the general public from the 23rd to the 26th of Ashwin, […]
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NEPSE Index Declines, Marking Lowest Close in Six Months Amid Market Downturn
The Nepal Stock Exchange (NEPSE) Index concluded at 1,847.70 points, recording a loss of 10.86 points, which represents a 0.58% decrease compared to the previous day’s closing. It’s worth noting that this market performance marks a substantial downturn, with the index closing at its lowest point in the past six months. This level was last […]
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Nepal’s OTC Market Witnesses Surge in Trading Activity in Current Fiscal Year
During the initial quarter of the current fiscal year, Nepal’s stock market saw a notable increase in over-the-counter (OTC) trading activity, registering a turnover of Rs. 1.71 Arba. What sets this OTC market apart is that a significant portion of these traded shares, approximately 36,721,120, belonged to companies not listed on the Nepal Stock Exchange […]
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Gold Price Drops by Rs. 1,000 per Tola in Nepali Market, Silver Also Sees a Decline
The price of gold has seen a significant drop today, declining by Rs. 1,000 per tola. As reported on the official website of the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is currently being traded at Rs. 1,15,000 per tola, marking a decrease from the previous day when it stood at Rs. […]
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Multiple Citizens Mutual Funds Report NAV Changes and Financial Updates for Ashwin
The “Citizens Super 30 Mutual Fund (C30MF),” a closed-end fund with a 10-year maturity, has released its Net Asset Value (NAV) report for the month of Ashwin. The NAV in Ashwin stands at Rs. 10.02, a decrease from Rs. 10.25 a month ago. The fund’s total size is Rs. 75.07 Crores, with investments of Rs. […]
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