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Last day to deposit remaining payment of Trishuli Jal Vidhyut Company IPO shares 1
IPO | FPO

Last day to deposit remaining payment of Trishuli Jal Vidhyut Company IPO shares

Trishuli Jal Vidhyut Company Limited (TJVCL) will begin collecting the remaining sum for the shares offered to the general public today, the 17th of Falgun. The collection began on 18th Mangsir, 2079. From the 7th to the 11th Chaitra, 2075, the company issued 3,705,000 units of IPO shares with a par value of Rs. 100 and an […]

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NEPSE dropped by 47.77 points (2.31%), and this week's turnover was Rs 8.25 araba 3
NEPSE NEWS

NEPSE dropped by 47.77 points (2.31%), and this week’s turnover was Rs 8.25 araba

Due to the public holidays on Sunday and Tuesday, NEPSE only traded for three days this week. This week, the index dropped by 47.77 points (2.31%), closing at 2,022.64 as a result. Last week, the index lost 5.14% from the week before, closing at 2,070.41. This week, the index fluctuated by 68.79 points, hitting a […]

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JBLB proposes a 37.368% dividend for fiscal year 2078/79. 5
Dividend

JBLB proposes a 37.368% dividend for fiscal year 2078/79.

For the fiscal year 2078/79, Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB) has proposed a dividend of 37.3684%. The 72nd meeting of the board of directors, held on Falgun 06, decided to distribute a dividend of Rs. 1.03 Arba on the paid-up capital. A cash dividend of 9.3684% and 28% bonus shares have been proposed. […]

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The NEPSE Index falls further 13.90 points, closing at 2,091.56. 7
NEPSE NEWS

The NEPSE Index falls further 13.90 points, closing at 2,091.56.

Unilever Nepal Limited (UNL) rose the most for the day, gaining 8.54%. Garima Debenture, 2085 (GBBD85) dropped the most today, losing 9.97%. Only one sector finished in the green today, “Hotels and Tourism,” which lost the most 1.24% apiece, while “Manufacturing and Processing” gained 0.90%.    

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Chhimek Laghubitta Core Business Revenue Rises By 28.13% in Q2 9
Business | Market | Economy NEPSE NEWS

Chhimek Laghubitta Core Business Revenue Rises By 28.13% in Q2

Chhimek Laghubitta Bittiya Sanstha Limited (CBBL) published the second-quarter report of FY 2079/2080 with a rise in Net Profit by 11.56%. As per the report published by the mChhimek Laghubitta Bittiya Sanstha Limited (CBBL) reported an 11.56% increase in Net Profit in the second quarter of FY 2079/2080. According to the microfinance company’s report, net profit […]

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The NEPSE Index rises 12.43 points to close at 2,182.61. 11
Nepal Stock Exchange NEPSE NEWS

The NEPSE Index rises 12.43 points to close at 2,182.61.

The NEPSE index finished at 2,182.63 today, up 12.45 points from the previous trading day’s close.  This is a 0.57% increase.  Yesterday, the index fell 7.13 points. Today, the index began at 2,171.17 and closed at 2,153.31.  It reached a high of 2,183.75 before settling at 2,182.61. In 35,450 transactions, 257 scrips changed hands.  A total of 5,648,212 shares were traded, totaling Rs. 2.062 Arba in activity.  This is less than the previous day’s turnover of Rs. 3.691 Arba. API Power Company Ltd. (API) shares were the most actively traded, with a total turnover of Rs. 5.86 crores at a market price of Rs. 302 per share.Barahi Hydropower Public Limited (BHPL) gained the most, gaining 10% and closing the day on a good note. Nabil Balanced Fund-3 (NBF3), on the other hand, lost the most today, losing 5.75%.Only one sector finished in the negative today, “Mutual Fund,” which lost 0.20%, while “Development Bank” gained the most, 1.46%.  

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Reminder! Last Day to Grab Dividend Proposed by SIC, LGIL and JBBL 13
Dividend

Reminder! Last Day to Grab Dividend Proposed by SIC, LGIL and JBBL

The proposed dividends from Sagarmatha Insurance Company Limited (SIC), Lumbini General Insurance Limited (LGIL), and Jyoti Bikas Bank Limited are only available through today (JBBL).   On Falgun 11, 2079, Sagarmatha Insurance Company Limited (SIC) has scheduled its 26th Annual General Meeting.  Starting at 10 AM, a meeting will take place in Lainchaur Banquet, Lainchaur. Today is the last day to grab dividends proposed by Sagarmatha Insurance Company Limited (SIC), Lumbini General Insurance Limited (LGIL), and Jyoti Bikas Bank Limited (JBBL).  

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NEPSE Index Retrace 2200 Levels Once More 15
NEPSE NEWS

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 […]

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Asha Laghubitta (ALBSL) proposes a dividend of 21.0526% worth Rs 7.02 crores for fiscal year 2078/79. 17
Dividend

Asha Laghubitta (ALBSL) proposes a dividend of 21.0526% worth Rs 7.02 crores for fiscal year 2078/79.

For the fiscal year 2078/79, Asha Laghubitta Bittiya Sanstha Limited (ALBSL) has recommended a 21.0526% dividend of Rs. 7.02 Crores. The board of directors agreed on March 23 to disburse the dividend from the paid-up capital of Rs. 33.39 crores. A 20% bonus share and a cash dividend of 1.0526% (for tax purposes) have been […]

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Is bitcoin banned in Nepal?
Cryptocurrency in Nepal Work at Home

Is bitcoin banned in Nepal?

Ban of Transaction of Bitcoin and other cryptocurrencies in Nepal. The central bank of Nepal, Nepal Rastra Bank (“NRB”) published a notice pursuant to Nepal Rastra Bank Act 2001 (“NRB Act”) and Foreign Exchange (Regulation) Act 1962 (“FERA”) prohibiting the usage of Bitcoin in Nepal. NRB has not recognized Bitcoins as a valid currency in Nepal. A few highlights on the ban: Laws of Nepal: The […]

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