Tag: Rise

  • Will PPL even rise after the recent incident?

    Will PPL even rise after the recent incident?


    That guy’s status changed the game


    View on r/NepalStock by zerry47


  • Himalayan Re-Insurance’s Net Profit Surges 99.73% on 154.65% Rise in Net Premiums; EPS Reaches Rs. 12.05

    Himalayan Re-Insurance’s Net Profit Surges 99.73% on 154.65% Rise in Net Premiums; EPS Reaches Rs. 12.05


    In the second quarter of the fiscal year 2080/81, HRL experienced a remarkable 154.65% rise in net premiums, reaching Rs. 1.99 Arba compared to the previous year. The company also demonstrated strong financial management by generating Rs. 47.32 Crores from investment income and other financial activities.

    However, during the same period, there was a 50.90% increase in net claims, totaling Rs. 73.15 Crores.

    Key financial indicators reflect HRL’s strong performance, with an annualized EPS of Rs. 12.05, net worth per share at Rs. 147.31, and a P/E ratio of 41.30 times, indicating the company’s resilience and promising financial outlook.

     

  • NICL’s Investment Income Boosts Net Profit Growth by 232.33%; EPS Reaches Rs. 60.55

    NICL’s Investment Income Boosts Net Profit Growth by 232.33%; EPS Reaches Rs. 60.55


    Nepal Insurance Company Limited (NICL) has released its report for the second quarter of fiscal year 2080/81, showing a significant rise in net profit by 232.33%. The company earned a net profit of Rs. 49.77 crores compared to Rs. 14.97 crores in the same quarter of the previous fiscal year.

    Moreover, NICL has also increased its insurance fund by 4.95%, reaching Rs. 1.81 Arba in Q2 of FY 2080/81. Additionally, there has been a notable surge of 346.45% in the company’s income from investments, loans, and other sources, totaling Rs. 71.43 crores.

     

  • SAHAS Urja (SAHAS) Achieves 112.33% Q2 Net Profit Surge, Generates Rs. 1.53 Arba from Power Sales

    SAHAS Urja (SAHAS) Achieves 112.33% Q2 Net Profit Surge, Generates Rs. 1.53 Arba from Power Sales


    Sahas Urja Limited (SAHAS) has released its unaudited report for the second quarter of FY 2080/81, revealing an impressive 112.33% surge in net profit. The company’s net profit rose significantly to Rs. 45.86 crores for this quarter, a substantial increase from Rs. 21.59 crores in the same quarter last year.

    SAHAS achieved notable revenue from power sales, totaling Rs. 1.53 Arba during this period. Despite facing finance expenses of Rs. 64.76 crore and administrative expenses of Rs. 4.94 Crore, the company maintains a robust financial position, with retained earnings at Rs. 2.6 Arba and a share capital of Rs. 3.5 Arba.

     

  • NMB Laghubitta (NMBMF) Records Significant Q2 2080/81 Net Loss with 58.91% Increase in NPL

    NMB Laghubitta (NMBMF) Records Significant Q2 2080/81 Net Loss with 58.91% Increase in NPL


    NMB Laghubitta Bittiya Sanstha Limited (NMBMF) recently revealed its second-quarter financial report for the fiscal year 2080/81, showing a noticeable decline in net profitability. The company reported a significant net loss of Rs. 6.75 Crore, a sharp contrast to the Rs. 13.53 lakhs recorded in the same quarter of the previous year.

    The financial figures present a nuanced picture, with borrowings experiencing a 5.57% decrease, settling at Rs. 2.53 Arba compared to the Rs. 2.68 Arba in the immediate previous fiscal year. Meanwhile, the company’s deposits remained steady at Rs. 1.41 Arba, and loans and advances saw a 2.78% reduction, reaching Rs. 4.73 Arba in the current reporting quarter.

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  • Citizens Capital Mutual Funds Report Growth: NAV and Net Profit on the Rise

    Citizens Capital Mutual Funds Report Growth: NAV and Net Profit on the Rise


     

    Citizens Super 30 Mutual Fund (C30MF) unveils its latest Net Asset Value (NAV) report for the month of Poush, showcasing a notable increase from Rs. 10.40 to Rs. 10.77. As a closed-end fund with a maturity period of 10 years, C30MF boasts a substantial fund size of Rs. 75.07 Crores. The fund strategically allocates its assets with Rs. 37.61 Crore invested in listed shares, demonstrating a diversified investment approach. Notably, C30MF also allocates Rs. 7 Crore in fixed return assets, Rs. 2.29 Crore in debentures, and holds a significant bank balance of Rs. 32.90 Crore. This report underscores the fund’s prudent investment strategy and steady growth, making it an appealing option for investors seeking a balanced and long-term investment opportunity.

  • Gold and Silver Prices Surge in Nepal: Significant Increase of Rs. 600 per Tola

    Gold and Silver Prices Surge in Nepal: Significant Increase of Rs. 600 per Tola


    The cost of the precious yellow metal has risen by Rs. 600 per tola today in comparison to the trading price on Friday. As per the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current trading value for fine gold is Rs. 1,19,200 per tola, marking a Rs. 600 increase from Friday’s rate of Rs. 1,18,600 per tola.

    Similarly, Tejabi gold is now available at Rs. 118,650 per tola, showing a surge of Rs. 600 from its Friday price of Rs. 1,18,050 per tola.

    In addition to the gold prices, the price of silver has also seen an uptick of Rs. 20 per tola. The present market rate for silver stands at Rs. 1,420 per tola, contrasting with Friday’s closing rate of Rs. 1,400 per tola.

  • Gold Prices Surge by Rs. 500 per Tola, Silver also Witnesses Increment in Nepal

    Gold Prices Surge by Rs. 500 per Tola, Silver also Witnesses Increment in Nepal


    The cost of the valuable yellow metal has risen by Rs. 500 per tola today when compared to the trading price on Monday. As reported by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the present rate for fine gold is Rs. 1,21,000 per tola, marking a Rs. 500 increase from Monday’s trading price of Rs. 1,20,500 per tola.

    Similarly, Tejabi gold is available today at Rs. 1,20,400 per tola, indicating a Rs. 500 uptick from Monday’s price of Rs. 1,19,900 per tola.

    In a parallel trend, the price of silver has also undergone an increase today. With a gain of Rs. 5, the current silver price stands at Rs. 1,460 per tola, in contrast to Monday’s silver price of Rs. 1,455 per tola.