Share market

Everest Bank's Q3 Highlights: Net Profit Increases by 62.63%, NII Stands at Rs 5.58 Arba &amp 1
Business | Market | Economy

Everest Bank’s Q3 Highlights: Net Profit Increases by 62.63%, NII Stands at Rs 5.58 Arba &amp

  Everest Bank Limited (EBL) has released its third-quarter report for fiscal year 2079/2080, which shows a 62.63% increase in net profit. The net profit of the bank has improved from Rs. 1.51 Arba in the third quarter of fiscal year 2078/2079 to Rs. 2.46 Arba in the third quarter of fiscal year 2079/2080. After […]

Read More
Imports and exports both fell in the first nine months of fiscal year 1979/80. 3
Business | Market | Economy

Imports and exports both fell in the first nine months of fiscal year 1979/80.

  The foreign trade figures for Nepal for the first nine months of fiscal year 2079/80 have been released. According to government data released on Thursday, Nepal’s trade deficit reduced by 17.06 percent to Rs. 10.83 Kharba from Rs. 13.06 Kharba the previous year.  

Read More
Reminder! Last Day to Claim Asian Life Insurance Company's Dividend 5
Dividend

Reminder! Last Day to Claim Asian Life Insurance Company’s Dividend

  Today is the last day to claim the Asian Life Insurance Company Limited (ALICL) dividend. The corporation has scheduled its 15th Annual General Meeting for the 18th of Baisakh, 2080. The meeting will begin at 11:30 a.m. that day in Hotel Classic Simara, Bara.  

Read More
Citizens Super 30 Mutual Fund"s Public Offering 7
Business | Market | Economy

Citizens Super 30 Mutual Fund"s Public Offering

Citizens Capital Limited is launching a closed-end mutual fund scheme called “Citizens Super 30 Mutual Fund.”The issue will be open starting today, the 6th of Baisakh, and will close on the 10th of Baisakh, 2080. If the issue is not completely subscribed by the early closing date, it may be extended until Baisakh 20. 15% or 1.50 crore units worth Rs. 15 crores have been awarded to the fund promoter Citizens Bank International Limited, with the remaining 8.5 crore units being issued to the general public beginnin  

Read More
Chhyangdi Hydropower Company Approves 100% Right Shares Offering 9
IPO | FPO

Chhyangdi Hydropower Company Approves 100% Right Shares Offering

  Chhyangdi Hydropower Company Limited (CHL) has scheduled its 9th Annual General Meeting (AGM) for the 28th of Baisakh, 2080. The conference would begin at 11 a.m. that day in Agrawal Bhawan, Kamalpokhari, Kathmandu.  

Read More
Market Roundup: NEPSE Increases in the Double Digits With Rs 87.21 Crores in Volume 11
NEPSE NEWS

Market Roundup: NEPSE Increases in the Double Digits With Rs 87.21 Crores in Volume

  The NEPSE index closed at 1,920.12 today, up 15.13 points from the previous trading day’s close. This represents a 0.79% increase. Yesterday, the index fell 3.07 points. Today, the index began at 1,903.36 and closed at 1,903.28. In contrast, it reached a high of 1,924.40 before settling at 1,920.12.

Read More
Arun Valley Hydropower seeks Electricity Regulatory Commission approval to issue 100% right shares. 13
IPO | FPO

Arun Valley Hydropower seeks Electricity Regulatory Commission approval to issue 100% right shares.

  Arun Valley Hydropower Development Company Limited (AHPC) intends to give its shareholders 100% rights shares. The board of directors proposed at its meeting on Baisakh 06 to issue right shares in the ratio of 1:1, i.e. 18,679,626 right shares of Rs. 100 par value worth Rs 1.86 arba, so that the company can invest […]

Read More
Ridi Power Company Receives Electricity Regulatory Commission Approval to Issue 50% Right Shares 15
Business | Market | Economy

Ridi Power Company Receives Electricity Regulatory Commission Approval to Issue 50% Right Shares

  The Electricity Regulatory Commission (ERC) has approved Ridi Power Company (RIDI) to issue a 1: 0.50 right offering. The board of directors suggested on the 4th of Magh, 2079, to issue 50% right shares on the paid-up capital after adjusting 40% bonus shares for the fiscal year 2078/79, i.e. Rs. 1,54,89,01,200. The company’s paid-up […]

Read More
Menchhiyam Hydropower IPO has raised Rs. 92.58 crores as of the third day. 17
NEPSE NEWS

Menchhiyam Hydropower IPO has raised Rs. 92.58 crores as of the third day.

  CDS & Clearing Limited (CDSC) has submitted the statistics of Menchhiyam Hydropower Limited’s public IPO collecting as of 10 a.m. today, Baisakh 06. Since the 4th of Baisakh, 2080, the corporation has been issuing 934,915 unit shares of Rs 100 face value as an Initial Public Offering to the general public. This issue’s early […]

Read More
Increased Impairment Charges Contributed to 8.81% RSDC Laghubitta's net profit falls in the third quarter; NPL rises to 1.37% 19
IPO | FPO

Increased Impairment Charges Contributed to 8.81% RSDC Laghubitta’s net profit falls in the third quarter; NPL rises to 1.37%

RSDC Laghubitta Bittiya Sanstha (RSDC) has released its third-quarter report for FY 2079/2080, which shows an 8.81% decrease in Net Profit. According to the company’s report, net profit fell to Rs. 8.69 crores from Rs. 9.43 crores in the previous year’s similar period. The company’s distributable profit after PL Appropriation and Regulatory Adjustments was Rs […]

Read More