Sanima Mai Hydropower Company Limited (SHPC) reported an 11.36% decrease in net profit in the second quarter (Q2) of fiscal year 2079/80. Profit declined to Rs. 32.92 crores in this quarter from Rs. 37.14 crores in the previous year’s equivalent quarter. Revenue from the sale of electricity has declined by 12.4% when compared to the […]
Sanima Middle Tamor Hydropower Limited has closed the issue of its initial public offering (IPO) to Nepalese citizens working abroad as of today’s banking hours, Magh 18, and has extended the IPO issue deadline for project-affected locals until 4th Falgun, 2079. The issue had begun on the 4th of Magh, 2079. The company’s issued
The covid19 pandemic is not only putting millions of people’s lives in peril, but it is also devastating the global economy. Our government has proclaimed general vacations and imposed a travel ban on the general public in order to combat the spread of Coronavirus. Nobody knows how long it will take for things to return
Please note that Cryptocurrency transaction and mining is illegal in Nepal as per the notice issued by Nepal Rastra bank. This article is only for information purposes. Money has evolved and changed shape over time. Today, digital currencies are best suited to the needs of the digital world. Digital currencies are focused on decentralising the
A share is essentially a fraction of a company’s ownership. Purchasing or selling shares entails acquiring or disposing of a portion of the company’s ownership. The stock market, also known as the share market, is a place where you can buy and sell stocks. In order to raise money, public corporations usually sell shares to
