Tag: Price

  • “Gold Drops by Rs.700 Per Tola, Silver Down Rs.35 Per Tola in Nepalese Market Today”

    “Gold Drops by Rs.700 Per Tola, Silver Down Rs.35 Per Tola in Nepalese Market Today”


    The price of fine gold has fallen by Rs. 700 per tola compared to Tuesday’s trading. According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), fine gold is now valued at Rs. 1,12,000 per tola, while tejabi gold is priced at Rs. 111,450. In comparison, on Wednesday, fine gold was at Rs. 1,12,700 per tola, and tejabi gold was at Rs. 1,12,150.

    Similarly, the price of silver has also dropped today, decreasing by 35 rupees. The current price of silver stands at Rs. 1,410 per tola. In contrast, Wednesday’s silver price was Rs. 1,445 per tola.

     

  • “Citizen Life Insurance Set to Launch Premium IPO from Bhadra 15”

    “Citizen Life Insurance Set to Launch Premium IPO from Bhadra 15”


     

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    Citizen Life Insurance Company Limited (CLICL) is preparing to launch an Initial Public Offering (IPO) with a premium starting on the 15th of Bhadra. In this offering, the company plans to make shares available to the public at a base value of Rs 100 per share, with an additional premium of Rs 144, making the total cost per share Rs 244.

    The insurance company has received approval to issue 1,12,50,000 shares, which are valued at 1.125 billion rupees. This issuance constitutes 30% of its total issued capital of 3.75 billion rupees. Notably, a portion of these shares, amounting to 5%, has already been distributed. This initial portion consists of 562,500 shares, valued at 5 crore 62 lakh 50 thousand rupees, and was offered at the rate of 100 rupees per share exclusively for the company’s employees.

     

  • “Nepal Oil Corporation Raises Petrol and Diesel Prices”

    “Nepal Oil Corporation Raises Petrol and Diesel Prices”


     

    Nepal Oil Corporation (NOC) recently raised the prices of petrol and diesel, causing a stir in the local market. The corporation’s board meeting, held on Tuesday, led to a unanimous decision to adjust prices. Diesel and kerosene prices surged by Rs. 14 per liter, while petrol increased by Rs. 5 per liter. As a result, consumers now pay Rs. 175 per liter for petrol and Rs. 164.5 per liter for diesel and kerosene, impacting the people significantly.

  • “Sun Nepal Life Insurance Announces 76.80 Lakh IPO Shares for General Public at Premium Price from Shrawan 32”

    “Sun Nepal Life Insurance Announces 76.80 Lakh IPO Shares for General Public at Premium Price from Shrawan 32”


     

    Sun Nepal Life Insurance Company Limited will release 76,80,000 IPO shares starting August 15, 2023. The offer ends on August 20, but it could continue until September 4 if not fully subscribed.

    The company’s total capital is Rs. 3.2 billion, with 30% (96,00,000 shares) available for the public, including Nepalese citizens abroad. Additionally, 10% (960,000 shares) were already issued to overseas Nepalese citizens between July 16 and July 30.

     

  • “Gold Price Drops Rs. 600 per Tola on Wednesday”

    “Gold Price Drops Rs. 600 per Tola on Wednesday”


     

    Today, the price of fine gold (per tola) has dropped by Rs. 600 compared to Tuesday’s trading price. According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current trading rate for fine gold is Rs. 1,12,400 per tola, down from the previous rate of Rs. 1,13,000 per tola.

  • “Gold Price Drops by Rs. 900 Per Tola to Rs. 112,600; Silver Follows Suit”

    “Gold Price Drops by Rs. 900 Per Tola to Rs. 112,600; Silver Follows Suit”


    The price of gold has decreased by Rs. 900 per tola compared to yesterday’s rates. Today, fine gold is being traded at Rs. 112,600 per tola, whereas yesterday, it was at Rs. 113,500 per tola. Tejabi gold is now being traded at Rs. 112,050 per tola, whereas it was priced at Rs. 112,950 per tola yesterday.

     

  • “Gold Sets New Record at Rs. 1,13,600 per Tola in Nepal, Silver Price Also on the Rise”

    “Gold Sets New Record at Rs. 1,13,600 per Tola in Nepal, Silver Price Also on the Rise”


    Gold has reached a new record high in Nepal, with the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA) reporting that it is being traded at Rs. 1 lakh 13 thousand 600 per tola. This represents an increase of Rs. 500 compared to the previous day’s price. Just a day before, on Jestha 19, the price of gold had already reached an all-time high of Rs. 1 lakh 13 thousand 300 per tola.

    On the day before, the price of gold had risen by Rs. 600 to reach Rs. 1 lakh 13 thousand 100. The upward trend in gold prices has been remarkable in recent days, leading to these consecutive record highs.

    As for silver, its price also saw an increase on Thursday, reaching Rs. 1495 per tola, which is Rs. 5 more than the previous day’s price of Rs. 1,490 per tola.

    In the international market, the price of gold has been trading at $1979.82 per ounce on Thursday, after remaining steady at $1974.44 an ounce on Wednesday. Similarly, silver was priced at $24.99 per ounce on Wednesday and experienced a slight rise to $25.1 on Thursday.

    The surging prices of gold and silver in both the local and international markets have drawn attention from investors and traders, indicating a trend of increasing precious metal prices in the current economic scenario.

  • Gold Price Surges by Rs. 800 per Tola in the Domestic Market; Silver Also Rises by Rs. 40 per Tola

    Gold Price Surges by Rs. 800 per Tola in the Domestic Market; Silver Also Rises by Rs. 40 per Tola


    Today, the price of gold has experienced an increase of Rs. 800 per tola in the domestic market. As reported by the official website of the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is currently being traded at Rs. 112,400 per tola, whereas yesterday it was maintained at Rs. 111,600 per tola. Tejabi gold, on the other hand, is being traded at Rs. 111,850 today, compared to yesterday’s rate of Rs. 111,050 per tola.

    In addition, the price of silver has also seen a rise of Rs. 40 per tola. The shiny white metal is currently being traded at Rs. 1,440 per tola in the local market, whereas the closing rate yesterday stood at Rs. 1,400 per tola.

    It is worth noting that in the international market, the current price of gold stands at USD $1,956.10 per ounce, while silver is being traded at $24.17 per ounce.

  • Gold Price Rises by Rs 300 Per Tola in Nepalese Market; Silver Up by Rs 5

    Gold Price Rises by Rs 300 Per Tola in Nepalese Market; Silver Up by Rs 5


    Today, the price of gold in the Nepalese market has increased by Rs. 300 per tola. As per the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently being traded at Rs. 111,600 per tola, compared to yesterday’s rate of Rs. 111,300 per tola. Similarly, Tejabi gold is being traded at Rs. 111,050 today, whereas it was priced at Rs. 110,750 per tola yesterday.

     

  • Shivam Cements (SHIVM) Price Soars 57.11% in 90 Days; Top Broker Revealed!

    Shivam Cements (SHIVM) Price Soars 57.11% in 90 Days; Top Broker Revealed!


     

    Over the past 90 days, the stock price of Shivam Cements Limited (SHIVM) has experienced a remarkable surge. The company’s shares have soared by an impressive 57.11%, indicating a strong boost in investor confidence and signaling positive prospects for the cement industry. Starting at Rs. 394 on April 10, 2023, the closing price of Shivam Cements Limited has steadily risen to Rs. 619 as of July 10, 2023. This substantial increase of Rs. 225 reflects the remarkable growth and value appreciation the company has achieved in a relatively short time.

     

     

  • National Hydropower Company Adjusts Share Price as it Prepares to Issue Right Shares

    National Hydropower Company Adjusts Share Price as it Prepares to Issue Right Shares


    The Nepal Stock Exchange (NEPSE) has made an adjustment to the share price of National Hydropower Company Limited (NHPC) on Ashad 1, Friday. This adjustment was necessary as NHPC closed its books in preparation for issuing right shares, prompting NEPSE to establish a new share price.

    NEPSE has adjusted 50 percent of NHPC’s rightful shares, resulting in a revised share price of Rs. 182.7. This adjusted price was determined based on the closing price of NHPC’s shares in the previous trading day, which was Rs. 223.10. The revised share price will come into effect when trading resumes on Sunday in the secondary market.

    NHPC has announced plans to issue 50% right shares worth Rs. 82.21 Crores. This entails offering a total of 8,221,459.7178 (10:5) units of right shares to its existing shareholders. Currently, NHPC’s paid-up capital stands at Rs. 1.64 Arba, and it will increase to Rs. 2.46 Arba following the issuance of the proposed right shares.

  • Ghorahi Cement Industry Launches IPO Offering of 69.11 Lakh Unit Shares to the Public

    Ghorahi Cement Industry Launches IPO Offering of 69.11 Lakh Unit Shares to the Public


    Ghorahi Cement Industry is now offering 69.11 lakh unit ordinary shares at a premium price of Rs 435 to the general public through an Initial Public Offering (IPO) that started on Jestha 32, 2080. The IPO will be open for subscription until Asar 4, 2080, and if necessary, the closing date may be extended until Asar 14, 2080.

    Interested individuals can apply for a minimum of 10 units and a maximum of 10 lakh unit shares. This information has been provided in a media statement issued by the company.

    After expanding its production capacity, Ghorahi Cement Industry can now produce 6000 tons of clinker and 4000 tons of grinding material per day, as stated in the media statement.