Prabhu Life Insurance Limited (PLI) has made changes to its dividend proposal for the fiscal year 2077/78. Initially, they had planned to distribute a dividend of 10.526%, consisting of 10% bonus shares and 0.526% cash dividend from their paid-up capital of Rs. 2 Arba. However, the Nepal Insurance Authority required the company to revise its […]
NMB Laghubitta Bittiya Sanstha Limited (NMBMF) has released its third-quarter report for the fiscal year 2079/80, revealing a significant decline in net profit. The company’s net profit stood at Rs. 1.15 crores, representing a decrease of 89.80% compared to the same quarter of the previous fiscal year. Personnel expenses reported by the company for the
Promoters of NIC Asia Bank Limited (NICA) have initiated an auction to sell 345,680 units of their promoter shares to the general public. The auction period will run from the 2nd of Jestha to the 9th of Jestha, 2080. The auction is open to individual investors, companies, and institutions, with a minimum bid rate of
The NEPSE index concluded today’s trading session at 1,821.60 points, marking an increase of 3.29 points compared to the previous closing. This translates to a gain of 0.18%. In contrast, the index had experienced a loss of 3.34 points the day before. At the start of the trading day, the index opened at 1,817.87 points
Mai Khola Hydropower Limited has successfully listed 39,21,568 units of IPO shares on the Nepal Stock Exchange (NEPSE). This figure includes shares held by the promoters, as well as shares issued to project-affected locals and the general public. The initial trading range for these shares is set between Rs. 111.67 and Rs. 335.01. If the
The NEPSE index closed today at 1,818.31, reflecting a decrease of 3.34 points or 0.18% from the previous trading day’s closing. Yesterday, the index experienced a more significant loss of 16.96 points. The trading day began with the index opening at 1,821.81. Throughout the day, it reached an intraday low of 1,807.53 and a high
Balephi Hydropower Limited (BHL) has released its third-quarter report for the current fiscal year, revealing a significant net loss of Rs. 23.72 crores. In comparison, during the third quarter of the previous fiscal year 2078/79, the company had reported a net loss of Rs. 6.06 lakhs. During the third quarter of the current fiscal year,
NIC Asia Bank Limited (NICA) had the highest trading volume of Rs. 3.04 crores and closed at a market price of Rs. 694.60 per share. The shares of PRVU had the highest trading activity. NIBL Growth Fund (NIBLGF) experienced the highest gain of 9.88% during the day. On the other hand, Sagarmatha Lumbini Insurance Co.
The NEPSE Index, the stock market index of Nepal, concluded the week at a level of 1,838.59, representing a loss of 31.14 points or 1.67%. This decrease follows a similar 1.67% decline from the previous week when the index closed at 1,869.73. Throughout the week, the index displayed volatility, with a high of 1,872.22 and
Sagarmatha Lumbini Insurance Company Limited (SALICO) has listed 26,226,382 shares on the Nepal Stock Exchange (NEPSE) following a successful merger between Lumbini General Insurance Limited (LGIL) and Sagarmatha Insurance Company Limited (SIC). The merger agreement between SIC and LGIL was signed on 30 Ashad, 2079. The swap ratio for the merger was set at 100:80,
Taragaon Regency Hotel (TRH) has released its third-quarter report for the fiscal year 2079/80, showcasing a remarkable surge in Net Profit by 476.52% compared to the corresponding quarter of the previous fiscal year. The company has achieved an impressive Net Profit of Rs. 23.88 crores. TRH, the operator of Hyatt Regency Hotel, has also experienced
Citizen Investment Trust (CIT) has put forward a proposal to distribute a 26.3158% dividend for the fiscal year 2078/79. The decision was made during a board of directors meeting held on Baisakh 29. The proposed dividend consists of a 25% bonus shares allocation and a 1.3158% cash dividend (for tax purposes). The current paid-up capital
