Tag: once

  • Gains Rs 2,900 per tola in one day, trading at Rs 110,000

    Gains Rs 2,900 per tola in one day, trading at Rs 110,000


    Gold prices are once again making news, since the value of gold reached an all-time high on March 19, 2023, i.e. today. Today’s gain is the consequence of a Rs. 2900 one-day increase from yesterday’s pricing.

    According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading at Rs. 110,000 per tola. Yesterday, the tariff remained unchanged at Rs. 107,100 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 109500. In contrast, the cost was kept at Rs. 106,600 per tola yesterday.

    In the last 10 days, the price of gold has climbed by Rs. 9500 per tola. Gold was priced at Rs 1,00,500 per tola on March 9, 2023.

  • NEPSE Releases Virtual Trading Platform Demo Version

    NEPSE Releases Virtual Trading Platform Demo Version


     

    Nepal Stock Exchange Limited (NEPSE) has made a test version of a virtual trade management system (simulator) available in order to introduce prospective investors to the technology.

    The main concern is, “How does NEPSE’s online method work?” This method was implemented with the goal of educating people and providing useful information.

     

  • The deadline for the auction of 296,000 Kumari Bank promoter shares has been extended to Chaitra 06

    The deadline for the auction of 296,000 Kumari Bank promoter shares has been extended to Chaitra 06


    The deadline for the sale of 2,96,000 units of promoter share has been extended till Chaitra 6, 2079, according to Kumari Bank Limited (KBL).

    KBL’s existing promoters have started auctioning off their 2,96,000 unit promoter stake. The auction began on the 16th of Falgun and was scheduled to end tomorrow, on the 30th of Falgun, 2079. Nevertheless, because the auction organizer received insufficient applications, the sale has been extended until Chaitra 6.

    Individual investors, businesses, and institutions can all bid in an auction. The minimum bid is Rs. 119. The promoters’ shares have a minimum bid quantity of 10,000 units. Although bidders may bid for the full issue, they must follow the Nepal Rastra Bank’s guideline not to bid more than once.

  • 7-Month Macroeconomic Highlights: Inflation is 7.88%.

    7-Month Macroeconomic Highlights: Inflation is 7.88%.


    According to the Nepal Rastra Bank, inflation remained at 7.88 percent year on year. During the mentioned period, the gross foreign exchange reserves stood at USD 10.50 billion, while total imports and exports decreased by 19.9 percent and 29 percent, respectively, and the trade deficit decreased by 18.7 percent.

    The outstanding concessional loan was Rs.210.96 billion as of mid-February 2023, with 148,295 borrowers. For selected commercial agriculture and livestock businesses, Rs.142.56 billion has been extended to 61,335 borrowers. Similarly, 84,105 women entrepreneurs have received loans totaling Rs.65.19 billion. A total of 2,855 borrowers have received concessional loans in other specified sector

     

  • How to transfer balance in NTC

    How to transfer balance in NTC


    If you’re seeking for a simple way to transfer your NTC balance, you’ve come to the perfect location. We will lead you through the procedure step by step in this blog article. So, whether you want to top up your phone or transfer money to a buddy, we’ll teach you how to do it fast and easily.

    This post will show you how to quickly transfer your balance from NTC to NTC. We’ll also give you some pointers on how to get the most out of your NTC service.

    How To Transfer Balance In NTC

    You can transfer your balance in NTC in different ways. You can transfer your balance in NTC via different methods. We will discuss two methods in this blog post.

    You can transfer the NTC balance without a security code. And, also there is another way to transfer the balance where you have to provide your valid security code.

    How to Get the Security Code of NTC?

    To transfer balance NTC to NTC you have to require your security code. If you know the security code of the sender’s NTC card, You can proceed instant balance transfer to NTC. but, if you don’t know your security number, here is the complete guide on how you can get that.

    To Get the Security Code of NTC, follow this process:

    1. Open the messaging app on your phone.
    2. Type SCODE as content
    3. Send it to 1415
    4. Wait for the reply

    You’ll get an instant reply “Dear customer, your password is being reset.”

    After a few seconds you’ll get another reply from the telecom, “Dear Your Name, the password reset has been completed according to your request. Your new password is ********. If you need further support, please contact”

    “Our customer service staff –**-***-****   **:**:**”

    After receiving your security code for the NTC sim card, you can use this code to transfer the balance in NTC to NTC.

    Note: Your security code is always 8 digits long.

    NTC Balance Transfer Through USSD

    After you know your security code, follow these steps for a successful NTC balance transfer.

    1. Open the call-dialing keypad on your phone
    2. Type *422*
    3. Enter the security code
    4. Type *
    5. Now, enter the NTC number where you want to transfer the balance
    6. Type * again
    7. Enter the amount you want to transfer
    8. Type #
    9. Now, press the call button

    Congratulations!! You have successfully transferred the balance.

    You’ll get a notification on your messaging app “*** Rupees has been successfully transferred to 98********”

    NTC Transfer Balance Via NT App

    You can transfer your balance in NTC via the NT App. To do this, you will need to have the NT App installed on your phone. Once you have the NT App installed, you will need to open it and sign in. Once you are signed in, you will see your balance at the top of the screen.

    You can download the NT app from the google play store and apple store. This is the best and fastest way to NTC balance transfer. You can transfer NTC balance without a security number.

    Follow this process to transfer the balance in NTC using NT App:

    1. Open the NTC app
    2. Click the Red Button that says Transfer Balance
    3. Enter the destined prepaid NTC mobile number
    4. Enter the amount you want to transfer
    5. Click OK
    6. The OTP will be asked and at the same time will be sent to your number.
    7. Validate the OTP

    You have successfully transferred the balance into the number!!

    You can do the process of NTC balance transfer using the NT App. NTC to NTC balance transfer can be done without a security code in NT App. If you want to transfer your NTC balance without a security code, use NT App Online. If you don’t have internet connectivity you can also use this app offline to transfer your NTC balance.

  • NEPSE Index Retrace 2200 Levels Once More

    NEPSE Index Retrace 2200 Levels Once More


    The NEPSE index finished at 2,170.21 today, down 7.13 points from the previous trading day’s close. This is a 0.33% decrease. Yesterday, the index rose 76.64 points.

    The index started the day at 2,181.62 and reached an intraday high of 2,213.89. It dropped as low as 2,161.00 before closing at 2,170.21.Through 55,602 transactions, 257 scrips changed hands. A total of 10,502,649 shares were traded, totaling Rs. 3.691 Arba in activity. This is more than the previous day’s turnover of Rs. 3.362 Arba.The largest turnover was Rs. 11.28 crores by Nepal Reinsurance Company Limited (NRIC), which closed at a market price of Rs. 852 per share. API Power Company Ltd. (API) had the greatest trading volume.

    Terhathum Power Company Limited (TPC) gained the most for the day, 3.32%

    Adarsha Laghubitta Bittiya Sanstha Limited (ADLB) suffered the most loss today, falling 5.14%.

    Only one sector finished in the green today, “Others,” which gained 0.50%, while “Finance” dropped the most, 1.94%.

  • Sahas Urja’s net profit fell 37.26% in the second quarter.

    Sahas Urja’s net profit fell 37.26% in the second quarter.


    Sahas Urja Limited’s net profit fell 37.26 percent in the second quarter of the current fiscal year 2079/80. The hydroelectric firm reported in its unaudited financial report for the second quarter published today that its net profit declined to Rs 21.59 crore in the second quarter of the fiscal year 2079/80 from Rs 34.42 crore in the comparable period of the previous fiscal year 2078/79.

    The share capital stands at Rs. 3.50 arba, with reserves at Rs. 2.31 arba. Its annualized EPS is Rs. 12.34, its net worth per share is Rs 166.13, and the firm is traded at a P/E ratio of 46.02 times.

    The 86 MW Solu Khola (Dudh Koshi) Hydropower Project is currently under construction by the business. Because Solu Khola is still in the process of internal testing, the money from energy sales has not yet begun, and the other income reported in the financial statement is unreal because it is earned using the NFRS system’s IFRIC 12: Service Concession Arrangement basis.

  • 7 Stock Market Investing Tips

    7 Stock Market Investing Tips


    Have you decided to invest in the stock market? Consider these 7 stock market investing tips when making your investments.

    1. Have a solid comprehension of basic economic principals.

    Before you get started, you should understand basic principals and laws of economics. The stock market closely follows the law of supply and demand. For example, when there is a large demand for the stock of a certain company, the cost of its stock will increase along with the demand. However, if there are more stock available for sale than there are buyers, the unit price of that company stock will decrease.

    2. Learn about prospective companies you want to invest in.

    Do your homework before you invest in prospective companies. Read the company annual report and find out about their products, operations, services and basic business track record. This information gives you an idea of how stable the company is and whether they can deliver on their promise to offer profits to investors.

    3. Select companies with staying power.

    There are so many companies that exist in today’s stock market, selecting becomes a major decision for beginning investors. Relatively stable companies and business are owned by the government, unless there is a political revolution or crisis going on. Gasoline companies and telecommunications companies are usually profitable and stable because there is a constant demand for their services and products. While IT companies are rapidly growing in today’s stock market, there are so many of them it may be a challenge to check their profiles to exercise reasonable care before investing. Before putting your money into an IT company, verify their track record and make sure they are stable and profitable for a minimum of 10 years.

    4. Keep an eye on the news.

    Guesswork is completely ineffective when it comes to investing in the stock market. Good intuition and solid decision-making come from learning about global and local news both politically and economically. When you watch the news, make sure to keep track of the industry your company is in. Even stable companies may go bankrupt or have a major blow that will bring them down.

    5. Don’t put all your eggs in one basket.

    Avoid investing in just one company and spread out your stock investments to several businesses. When you have stock concentrated in just one company, you have a greater chance of losing it all. When you spread out your investments over several companies, those earning profits can cushion the ones that not not as profitable.

    6. Stockbrokers aren’t the final word.

    A stock broker is actually gambling with your money so you need to do your own homework. Dishonest brokers can take advantage of investors who do not fully comprehend how the stock market works.

    7. Greed is your enemy.

    While everyone is eager to make profits in the stock market, an investor loses their sense of reason when they are fueled by greed. A money hungry investor may forget to check on economic rumors and spontaneously decide to sell or buy with the thought of making major profits and then lose it all.

    Putting your money in the stock market can of course be risky, but the above stock market investing tips should help point you in the right direction.

  • How Does The Stock Market Work?

    How Does The Stock Market Work?


    How does the stock market work? In a nutshell, the stock market is a market place for business people. Goods are sold to the public in a public market. However, in the stock market, the public is sold share. Shares are the form in which company stock is sold. When a person purchases more shares in a company, they have a higher ownership in that company.

    In the stock market, there is the primary market and the secondary market. In the primary market, companies sell shares to investors to raise financing for their operating expenses. In the secondary market, investors buy and sell shares in companies to other investors. Constantly changing market conditions are the basis of those buy and sell decisions.

    A stock market operates much like an auction house, with a systematic way of buying and selling. The system in the stock market involves a great deal of bustling activity. Often there are people running around frantically, shouting and gesturing at one another.

    The purchase and sale of stock starts at various places. A broker is contacted if a person wants to buy stocks in a certain company. The broker will take the investor’s money to the stock exchange to coordinate with a floor broker.

    In most cases, the floor broker works for the company selling stock. Right on the stock exchange floor, brokers buy the desired stock for the investor. Once the deal is made, it is communicated to a broker and the investor then becomes a stockholder of that particular company.

    Investors may decide to sell their stock. Usually investors want to sell their stock when the price per share increases so they can realize a profit on their investment. For example, a person may purchase 100 shares at the price of $25 per share. When the price increases to $35 per share, the person can sell the 100 shares and make a profit of $1,000.

    The driving force behind the stock market is the basic economic principal of supply and demand. The number of stocks open to the public is the supply. The number of shares that investors what to purchase affects the demand of the stock in a certain company.

    The constant change in the cost of stock is a result of conditions in other markets. For example, if people feel that the economy is growing they are apt to purchase more stocks. However, when the economy is in a decline, the majority of investors tend to sell off their stocks. On the flip side, some investors use this time to buy because the stock prices are usually at a discount.

    There are quite a few business people who make long term investments in the stock market. In some situations, stocks go down in value and a stockholder loses money. There is no guaranteed profit when investing in the stock market. Thus, when a person is flexible and able to handle the constant changes of the stock exchange they are more likely to experience a profit.

    So this is how the stock market works. In the end, patience, education and experience usually equals greater long term success.