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

Earnmoney.com.np / February 9, 2023

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).

Dividend

Trading of Vijaya Laghubitta (VLBS) Suspended as the Company Declares Dividend By Violating NEPSE Guidelines

Earnmoney.com.np / February 9, 2023

The Vijaya Laghubitta Bittiya Sanstha Limited (VLBS) transaction has been halted, according to the official notice of the Nepal Stock Exchange (NEPSE), since the business declared dividends to be given to shareholders without first receiving authorisation from NEPSE. At 6:35 PM on Magh 25, after business hours, Nepal Stock Exchange received the letter from VLBS

NEPSE NEWS

NEPSE Index Retrace 2200 Levels Once More

Earnmoney.com.np / February 8, 2023

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

IPO | FPO

Molung Hydropower Company will issue 22,64,655 unit IPO shares to the general public beginning in February.

Earnmoney.com.np / February 8, 2023

Molung Hydropower Company Limited has issued an offer letter to the general public in preparation for its Initial Public Offering (IPO). From the 4th of Falgun, 2079, the company will issue 22,64,655 unit shares with a face value of Rs 100. This IPO is expected to generate Rs 22.64 crore for the company. This issue’s

Nepal Stock Exchange

Sahas Urja’s net profit fell 37.26% in the second quarter.

Earnmoney.com.np / February 7, 2023

Sahas Urja Limited’s net profit fell 37.26 percent in the second quarter of the current fiscal year 2079/80. The hydroelectric firm reported in its unaudited financial report for the second quarter published today that its net profit declined to Rs 21.59 crore in the second quarter of the fiscal year 2079/80 from Rs 34.42 crore

Dividend

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

Earnmoney.com.np / February 7, 2023

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

NEPSE NEWS

With a staggering turnover of Rs. 3.362 Arba, the NEPSE Index soared by a whopping 76.64 points.

Earnmoney.com.np / February 7, 2023

The NEPSE index finished at 2,177.34 today, up 76.64 points from the previous trading day’s close. This is a 3.65% increase. Yesterday, the index rose 4.57 points.Today, the index began at 2,100.12 and closed at 2,099.03. It reached a high of 2,177.75 before closing at 2,177.34. 59,927 transactions resulted in the exchange of 260 scrips.

NEPSE NEWS

Sanima Mai Hydropower Reports an 11.36% Drop in Net Profit

Earnmoney.com.np / February 6, 2023

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

Nepal Stock Exchange

NEPSE gains 4.57 points to settle at 2,100.65 levels, up 0.22%.

Earnmoney.com.np / February 6, 2023

The NEPSE index finished at 2,100.65 today, up 4.57 points from the previous trading day’s close. This is a 0.22% increase. Yesterday, the index rose 1.54 points. Today, the index began at 2,096.32 and closed at 2,087.20. It reached a high of 2,102.70 before settling at 2,100.65. Through 29,846 transactions, 259 scrips changed hands. A

Dividend

Mahila Laghubitta Calls 5th Annual General Meeting on February 21 to Support 50% Dividend

Earnmoney.com.np / February 5, 2023

Mahila Laghubitta Bittiya Sanstha Limited (MLBSL) has scheduled its 5th Annual General Meeting on 21st Falgun, 2079. The conference will begin at 11 a.m. that day at the Agantuk Resort in Dhulikhel. Among the other items on the agenda, the AGM will approve a 50% dividend of Rs. 7.37 crores for fiscal year 2078/79. On

Business | Market | Economy

The revenue generated by Ankhukhola Hydropower has decreased by 10.43% to Rs. 12.23 crores.

Earnmoney.com.np / February 5, 2023

Ankhukhola Hydropower Company Limited (AKJCL) has released its Q2 financial report for fiscal year 2079/80, which shows a 29.43% decrease in net profit to Rs. 2.66 crores. During the previous fiscal year’s same quarter, the firm generated a net profit of Rs.3.77 crores. Total revenue during the second quarter was down 10.43% to Rs. 12.23

IPO | FPO

NEPSE closes in the green: 1.54 points higher, but turnover falls to Rs 1.931 arba.

Earnmoney.com.np / February 5, 2023

The NEPSE index finished at 2,096.08 today, up 1.54 points from the previous trading day’s close. This is a 0.07% increase. Last Thursday, the index fell 22.12 points. The index opened at 2,096.7 and reached an intraday high of 2,118.27 today. It dropped as low as 2,087.69 before closing at 2,096.08. In 39,187 transactions, 258