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Gold Prices Reach Near All-Time High in Nepalese Market
Gold prices are on the rise in the Nepalese market once again. Today, fine gold gained Rs. 1800 per tola while tejabi gold rose by Rs. 1750 per tola from yesterday’s price. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is being traded today at Rs. 110,600 per […]
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Swabalamban Laghubitta Bittiya Sanstha Limited (SWBBL) lists 16.83 lakh unit bonus shares on NEPSE following 21% dividend approval
Swabalamban Laghubitta Bittiya Sanstha Limited (SWBBL) has listed 16,83,255 unit bonus shares on NEPSE. The decision was made after the company’s 21st Annual General Meeting (AGM) held on 19th Falgun, where a dividend of 21.05% worth Rs. 23.62 crores for the fiscal year 2078/79 was approved. This return was based on the paid-up capital of […]
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Upper Solu Hydro Electric Company Reports Net Profit of 1.08 Crores in Q3; Financial Expenses Increased By Huge Margin of 244.73%
Upper Solu Hydro Electric Company Limited (USHEC) has released its unaudited third-quarter report for FY 2079/2080, reporting a net profit of Rs. 1.08 Crores, indicating a 78.98% decline from the relevant period of the previous fiscal year. The company’s paid-up capital remains at Rs. 1.35 Arba, and it has a negative reserve of Rs 3.64 […]
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“RULB Proposes 15% Dividend and 14.25% Bonus Shares for FY 2078/79, Pending Approval from Nepal Rastra Bank”
Rastra Utthan Laghubitta Bittiya Sanstha Limited (RULB) has proposed a 15% dividend worth Rs. 3.9 Crores for the fiscal year 2078/79. This marks the company’s first dividend after being listed in NEPSE. The board of directors decided in its 86th meeting on Baisakh 13 to distribute 14.25% bonus shares and 0.75% cash dividend (including the […]
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Allotment of 12 Crore Units of Siddhartha Investment Growth Scheme 3 Concludes; Only 67.15% Units Subscribed
Siddhartha Capital Limited recently concluded the issuance of its closed-end mutual fund scheme, “Siddhartha Investment Growth Scheme 3”. The issue consisted of 12 crore unit shares with a par value of Rs. 10 per unit. The fund promoter, Siddhartha Bank Limited, was allocated 10% (1.2 crore units) of the shares, while the fund manager, Siddhartha […]
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“Nepalese Stock Market Witnesses a Slight Decline with ANLB Leading Gains and SGHC Facing Losses”
Today, the Nepalese stock market index, NEPSE, experienced a decline of 0.23% and closed at 1,866.40, which is 4.27 points lower than the previous day’s close. During the trading day, the index reached a high of 1,878.96 and a low of 1,860.43 after opening at 1,871.63. The total turnover for the day was Rs. 69.22 […]
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“National Hydro Power reports Q3 net loss of Rs. 2.29 Crores due to increased interest expenses; announces plans to issue 50% right shares”
In the third quarter (Q3) of the current fiscal year 2079/80, National Hydro Power Company Limited (NHPC) reported a net loss of Rs. 2.29 Crores, compared to a profit of Rs. 3.27 Crores in the corresponding quarter of the previous year. The company’s total revenue till the end of Q3 was Rs. 2.91 crores. However, […]
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NMB Laghubitta convenes endorses 10% bonus shares for its shareholders
NMB Laghubitta has held its 10th Annual General Meeting (AGM) on April 28, 2023, chaired by Sanjib Subba. During the meeting, the shareholders approved a 10% bonus share dividend worth Rs. 6.55 crore for the previous fiscal year. Additionally, the AGM granted the board the authority to pursue any merger or acquisition opportunities with other […]
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“IPO Shares for Ingwa Hydropower’s General Public Offering Now Available: Get Your 12,68,639 Units Today!”
Ingwa Hydropower Limited has announced the closure of its IPO issuance of 12,68,639 unit shares with a face value of Rs. 100 per share. The issue, which opened on April 13, 2080, is oversubscribed by 8.64 times, with 994,624 applicants applying for a total of 10,964,750 units. The company intends to collect Rs. 12.68 […]
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“Ankhukhola Hydropower Plans to Issue 200% Right Shares Pending Approval from Electricity Regulatory Commission”
Ankhukhola Hydropower Company Limited (AKJCL) has proposed to issue 200% rights shares to its shareholders. The company aims to invest 60% of the newly raised capital in the Ganesh Himal Hydropower’s 20 M.W- Ankhu Khola-2 Hydropower project. This decision was made during a board of directors meeting held on Baishakh 15, 2079. After the issuance […]
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