Laxmi Equity Fund (LEMF), a closed-end 7-year equity-oriented mutual fund scheme administered by Laxmi Capital Market Limited, showed a modest increase in NAV to Rs. 10.03 at the end of Chaitra from Rs. 9.93 the previous month. The plan started with a fund amount of Rs. 1.25 crore. Arba has invested Rs. 77.67 crores in […]
The NEPSE index finished at 1,892 today, down 13.68 points from the previous trading day’s close. This is a 0.72% decrease. Yesterday, the index rose 17.36 points. The index started the day at 1,907.54 and reached an intraday high of 1,913.28. In comparison, it dropped as low as 1,888.89 before closing at 1,892. Through 23,429
Support Laghubitta Bittiya Sanstha Limited (SMB) has issued its unaudited financial report for Q3 of FY 2078/79, with a net profit of Rs 63.32 Lakhs, a decrease of 42.88%. Microfinance had a net profit of Rs 1.75 crore in the prior year’s similar quarter. It has received Rs 28.78 Crore in deposits, Rs 98.04 Crore in
The Securities Exchange Board of Nepal (SEBON) has authorized Nepal Republic Media Limited’s proposed initial public offering (IPO) on Baisakh 11. The corporation will now issue 4,353,000 equity shares at NPR 100 per share. The issuance is worth Rs. 43.53 crore. This represents 44.99% of the outstanding capital of the corporation. The company’s total paid-up
Nepal Hydro Developer Limited (NHDL) has listed 1,59,965 unit bonus shares on the NEPSE. On Poush 29, the business had its 16th AGM for fiscal year 2078/79 and approved a 5.02632% dividend. The board of directors of the firm suggested a 5.02632% dividend from the paid-up capital of Rs. 31,99,30,000 at its meeting on the
The NEPSE index finished at 1,905.68 today, up 17.36 points from the previous trading day’s close. This is a 0.92% increase. Yesterday, the index rose 2.71 points. Today, the index began at 1,887.3 and closed at 1,885.17. In contrast, it reached a high of 1,905.73 before closing at 1,905.68. Through 27,766 transactions, 264 scrips changed
Ghorahi Cement Industry Limited (GCIL) has issued an offer letter to provide an Initial Public Offering (IPO) to Dang District residents and Nepalese people living overseas. The initial public offering (IPO) for locals and Nepalese citizens working abroad will take place from the 19th of Baisakh to the 2nd of Jestha, 2080. It should
The NEPSE index closed at 1,888.32 today, up 2.71 points from the previous trading day’s close. This represents a 0.14% increase. Yesterday, the index fell 18.80 points. Today, the index opened at 1,885.77 and closed at 1,875.14. In contrast, it reached a high of 1,891.87 before settling at 1,888.32.
The central bank of Nepal, Nepal Rastra Bank, has recently unveiled the annual bank holiday schedule for the period of 2080 BS, which spans from April 14, 2023 to April 12, 2024. This comes in response to the government’s decision to permit essential service-providing institutions, such as banks, to operate on specific public holidays as
Modi Energy Limited has sent an offer letter to the general public in preparation for its Initial Public Offering (IPO). From the 19th of Baisakh, 2080, the firm would issue 59,94,420 unit shares with a face value of Rs 100. This IPO is expected to generate Rs 59.94 crore for the firm. This issue’s
In the domestic market today, fine gold has lost Rs. 900 per tola, while tejabi gold has lost Rs. 850 from yesterday’s pricing. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading for Rs. 109,300 per tola. Yesterday, the cost remained unchanged at Rs. 110,200 per
Karnali Development Bank Limited (KRBL) has released its unaudited quarterly report for the fiscal year 2079/80’s third quarter. The firm recorded a net profit of Rs. 1.7 crores, compared to a net loss of Rs. 1.92 crores in the same period last year. When compared to the same quarter last year, the company’s deposits fell
