Tag: Share

  • NEPSE Closes Above 2100 Levels; HRL Records Highest Turnover

    NEPSE Closes Above 2100 Levels; HRL Records Highest Turnover


     

    Experience the thrill of Nepal’s stock market as the Nepal Stock Exchange (NEPSE) Index showcases a remarkable gain of 10.26 points, equivalent to 0.48%, settling at an impressive 2,104.72 points, surpassing the previous day’s closing. Reflecting a resilient market, the day commenced with an opening index of 2,097.48, navigating through an intraday low of 2,097.23 before soaring to an intraday high of 2,114.79. This dynamic performance underscores the vibrancy and potential for investors seeking opportunities in the ever-evolving landscape of NEPSE.

     

  • Swet-Ganga Hydropower: 38.51M Shares Set for Trading as Lock-in Period Nears End on 2nd Falgun

    Swet-Ganga Hydropower: 38.51M Shares Set for Trading as Lock-in Period Nears End on 2nd Falgun


    Swet-Ganga Hydropower & Construction Limited (SGHC) brings forth an exciting opportunity for investors as the lock-in period for Dolma Impact-1 (Foreign Investor) shares concludes on Falgun 2, 2080, in compliance with the Securities Board of Nepal (SEBON) guidelines. As a listed entity on the Nepal Stock Exchange (NEPSE) with a total of 15,930,000 units of shares, SGHC underscores the significance of this milestone, revealing that Dolma Impact-1’s 38,51,000 units of previously restricted shares are now open for trading. This development not only marks a pivotal moment for SGHC but also presents a potential avenue for investors to explore and capitalize on the liberated shares in the dynamic landscape of Nepal’s stock market.

     

  • Ridi Power Company Limited (RIDI) Announces Book Closure Date for 50% Right Shares, Valued at Rs. 77.44 Crores

    Ridi Power Company Limited (RIDI) Announces Book Closure Date for 50% Right Shares, Valued at Rs. 77.44 Crores


    Ridi Power Company Limited (RIDI) has disclosed the book closure date for its upcoming 50% right shares, set for the 22nd of Magh, 2080. Shareholders holding shares until Magh 21 will be eligible for the rights offering.

    The company is set to issue 50% right shares valued at Rs. 77.44 Crores, involving the issuance of 7,744,506 (1:0.50) units of right shares to its existing shareholders. With the current paid-up capital standing at Rs. 1.54 Arba, the proposed right share, totaling 77.44 lakhs units, will elevate the company’s paid-up capital to Rs. 2.32 Arba.

    Muktinath Capital Limited has been appointed as the issue manager for this process, overseeing the administration and execution of the right share issuance.

    As of the latest information, RIDI is currently trading at an Last Traded Price (LTP) of Rs. 292.00.

  • Bonus share kata harayo harayo. .ek barsha samma ma ni pako xaina..

    Bonus share kata harayo harayo. .ek barsha samma ma ni pako xaina..


    Since i am a small investor,I bought just 5 kitta EBL last year and the same distributed 13% bonus.With respect to this,I should have gotten somehow 0.65 bonusko kitta.But hadn’t got till the date.Yesto bela bonus kata harauxa.?Lovi bhako haina just a query.
    Anyone who had such experience and idea can share.Thankyou.

    View on r/NepalStock by Common_Bed_6249

  • IME Life Insurance (ILI) Achieves Remarkable 96.14% Surge in Q2 Net Profit

    IME Life Insurance (ILI) Achieves Remarkable 96.14% Surge in Q2 Net Profit


    IME Life Insurance Company Limited (ILI) has reported impressive financial results for the second quarter of the fiscal year 2080/2081, showcasing a significant 96.14% surge in net profit. The net profit rose from Rs. 11.96 crores to Rs. 23.47 crores compared to the same quarter last year.

    ILI’s financial overview reveals a strong foundation with a paid-up capital of Rs. 4 Arba and a share premium of Rs. 1.53 Arba. The company also holds substantial amounts in retained earnings (Rs. 85.02 crores), other equity (Rs. 55.36 crores), and catastrophe reserves (Rs. 15.35 crores).

    In terms of operational performance, IME Life demonstrated an 11.20% increase in net premiums, reaching Rs. 1.99 Arba in the second quarter of FY 2080/81 compared to the previous year. The company showcased financial acumen by generating Rs. 63.92 crores from income derived from investments, loans, and other financial activities. However, the quarter also witnessed a 21.88% increase in net claims, reaching Rs. 1.87 Arba.

    Key financial indicators underscore the company’s robust performance, including an annualized earnings per share (EPS) of Rs. 11.74, net worth per share of Rs. 177.27, and a price-to-earnings (P/E) ratio of 47.29 times, indicating a positive outlook for investors. The Q2 report provides a comprehensive overview of ILI’s financial health and operational highlights.

  • Citizen Life Insurance (CLI) Posts 2.73% Increase in Q2 Net Profit, Revealing Robust Financial Performance

    Citizen Life Insurance (CLI) Posts 2.73% Increase in Q2 Net Profit, Revealing Robust Financial Performance


    In the second quarter of the fiscal year 2080/2081, Citizen Life Insurance Company Limited (CLI) demonstrated positive financial performance, marked by a 2.73% increase in net profit. The net profit rose from Rs. 12.36 crores to Rs. 12.03 crores when compared to the corresponding quarter of the previous year.

    Citizen Life’s financial position revealed a robust structure, featuring a paid-up capital of Rs. 3.75 Arba and a share premium of Rs. 1.55 Arba. Additionally, the company holds significant amounts in retained earnings (Rs. 68.95 crore), other equity (Rs. 65.12 crore), and catastrophe reserves (Rs. 14.96 crore).

    During the second quarter of FY 2080/81, Citizen Life experienced a notable 4.23% increase in net premium, reaching Rs. 2.57 Arba compared to the previous year. The company generated Rs. 74.08 crores from income derived from investments, loans, and other financial activities. However, there was an 18.21% increase in net claims, reaching Rs. 2.6 Arba in the same quarter of the fiscal year 2080/2081.

    Key financial indicators for CLI include an annualized earnings per share (EPS) of Rs. 6.60 and a net worth per share of Rs. 181.13. Notably, the company’s stock traded at a price-to-earnings (P/E) multiple of 71.72 times, indicating investor confidence in its performance.

  • Three Star Hydropower Limited (TSHL) Announces Conclusion of Lock-In Period for Mutual Fund Shares as per SEBON Directives

    Three Star Hydropower Limited (TSHL) Announces Conclusion of Lock-In Period for Mutual Fund Shares as per SEBON Directives


    Three Star Hydropower Limited (TSHL) has officially notified its investors and stakeholders regarding the conclusion of the lock-in period for 36,938 unit shares held by Mutual Funds. This development aligns with the most recent directives issued by the Securities Board of Nepal (SEBON). The lock-in period for these shares, which commenced on Ashadh 19, 2080, has officially expired as of Poush 18, 2080.

    TSHL, with a total of 4,925,000 units of shares listed on the Nepal Stock Exchange (NEPSE), had allocated 5 percent of this, equivalent to 7,38,750 units, exclusively for Mutual Funds. Within this allocation, 36,938 units of shares were specifically subjected to the lock-in period in accordance with SEBON’s directives issued on Kartik 20. Investors and stakeholders are now formally informed that the lock-in period for these 36,938 unit shares has concluded as of the 18th of Poush.

  • Mountain Energy Nepal Limited (MEN) Records Marginal 1.63% Dip in Q2 Net Profit, Power Sales Revenue Slightly Decreases by 1.18%

    Mountain Energy Nepal Limited (MEN) Records Marginal 1.63% Dip in Q2 Net Profit, Power Sales Revenue Slightly Decreases by 1.18%


    In the second quarter of the fiscal year 2080/81, Mountain Energy Nepal Limited (MEN) experienced a marginal decline in net profit, registering a decrease of 1.63%. The net profit for this quarter amounted to Rs. 35 crores, down from Rs. 35.58 crores in the same quarter of the previous fiscal year.

    The company’s revenue derived from power sales during this quarter totaled Rs. 73.52 crores, reflecting a modest decrease of 1.18% compared to the corresponding quarter in the previous year. MEN’s power sales revenue is predominantly generated by two projects, namely the Tadi Khola Project (5 MW) and the Mistri Khola Project (42 MW). Notably, the Tadi Khola Project invoiced Rs. 86,606,726, and the Mistri Khola Project invoiced Rs. 657,610,049 to the Nepal Electricity Authority during this period, following the terms outlined in the Power Purchase Agreement (PPA).

    Key financial highlights for MEN include retained earnings at Rs. 1.52 Arba and share capital standing at Rs. 1.96 Arba. The annualized earnings per share (EPS) is reported at Rs. 35.58, and the net worth per share stands at Rs. 177.32.

    The provided table summarizes various financial indicators for MEN in the second quarters of 2080/81 and 2079/80. Noteworthy figures include administrative expenses showing a decrease of 8.71%, finance expenses decreasing by 8.78%, and a net worth per share increase of 11.69%. The quarter-end price-to-earnings (PE) ratio is reported at 18.41 times, and the quarter-end market price stood at Rs. 655.

  • Support Laghubitta Bittiya Sanstha Limited (SMB) Reports Impressive Q2 Fiscal Performance with 246.82% Surge in Net Profit

    Support Laghubitta Bittiya Sanstha Limited (SMB) Reports Impressive Q2 Fiscal Performance with 246.82% Surge in Net Profit


    In the recently disclosed second-quarter fiscal report for the year 2080/2081, Support Laghubitta Bittiya Sanstha Limited (SMB) exhibited a remarkable financial performance, witnessing a substantial 246.82% increase in net profit. The net profit surged from Rs. 24.91 lakhs to Rs. 86.42 lakhs when compared to the corresponding quarter of the previous year. Despite a 5.39% decline in core revenue, specifically net interest income, which decreased to Rs. 2.93 crores from Rs. 3.1 crores in the same quarter last year, SMB managed to achieve noteworthy growth in its net profits.

    Borrowings for SMB experienced a significant uptick of 29.14%, reaching Rs. 1.28 Arba, and loans and advances also saw a substantial increase of 24.51%, reaching Rs. 1.7 Arba during this quarter. In terms of asset quality, the company reported impairment charges amounting to Rs. 8.47 Lakhs, but the non-performing loan (NPL) ratio decreased impressively from 3.53% to 1.54%.

    The financial structure of SMB revealed a paid-up capital of Rs. 95.24 crores, along with reserves and surplus standing at Rs. 5.4 crores. The annualized earnings per share (EPS) was reported at Rs. 18.15, and the net worth per share was recorded as Rs. 156.79. SMB’s stock traded at a price-to-earnings (P/E) multiple of 55.49 times during the period.

    The provided table summarizes key financial indicators, showcasing a comparison between the second quarters of 2080/81 and 2079/80. Notable figures include the company’s operating profit, which exhibited a substantial increase of 113.81%, and capital adequacy, which witnessed a decline of 11.70%. Furthermore, the cost of funds increased by 14.66%, and the annualized EPS displayed a remarkable surge of 212.45%. The market price at the end of the quarter stood at Rs. 1007.10.

  • Last Trading Day for Himalayan Everest Insurance Dividend – Act Now!

    Last Trading Day for Himalayan Everest Insurance Dividend – Act Now!


    Investors of Himalayan Everest Insurance Limited (HEI) are urged to seize the opportunity as today marks the final day to avail the enticing 15% dividend proposed by the company. The decision was reached during the 317th board of directors meeting on Poush 25, where it was resolved to distribute dividends based on the paid-up capital of Rs. 2.30 Arba.

    In this generous dividend offering, HEI is proposing an 8.63% bonus in the form of shares, amounting to Rs. 19.86 crore, along with an additional 6.37% cash dividend, inclusive of tax, totaling Rs. 14.66 crore. This announcement follows the company’s commitment to rewarding its shareholders for their continued support and investment in the organization.

    Furthermore, HEI has called for its 30th Annual General Meeting (AGM) scheduled for 25th Magh, 2080, at Baneshwor Banquet, Thapagaun, commencing at 11 AM. This AGM serves as a crucial platform for stakeholders to gain insights into the company’s performance, future plans, and financial outlook. Investors attending the meeting will have the opportunity to actively participate in discussions that shape the trajectory of Himalayan Everest Insurance Limited.

     

  • Singati Hydro Energy: Offer Letter Published, Right Shares Issue Opens on Falgun 2

    Singati Hydro Energy: Offer Letter Published, Right Shares Issue Opens on Falgun 2


    Singati Hydro Energy Limited (SHEL) is embarking on a new phase of expansion and growth with the issuance of its 100% rights shares, as outlined in its recently published offer letter. The company has opened the window for applications for these right shares in a generous ratio of 1:1 or 100%, accepting applications from 2nd Falgun to 22nd Falgun, 2080.

    In this offering, Singati Hydro Energy Limited plans to issue 100% right shares valued at Rs. 1.45 Arba, equivalent to 14,500,000 (1:1) units of right shares, specifically catering to its existing shareholders. The company, known for its contributions to the hydropower sector, is currently operating with a paid-up capital of Rs. 1.45 Arba. With the proposed issuance and adjustment of the right shares, the paid-up capital is set to undergo a significant boost, reaching Rs. 2.90 Arba.

    This strategic move not only reflects Singati Hydro Energy Limited’s commitment to strengthening its financial position but also provides existing shareholders with an exclusive opportunity to participate in the company’s expansion endeavors. The issuance of 100% right shares signifies a bold step towards fortifying the company’s foothold in the hydropower industry, signaling confidence in its future prospects and inviting stakeholders to be part of this exciting phase of growth.

     

  • Sanima GIC Insurance Limited: No Dividend Declared for FY 2079/80

    Sanima GIC Insurance Limited: No Dividend Declared for FY 2079/80


     

    Sanima GIC Insurance Limited (SGIC) has recently announced its decision to refrain from distributing dividends for the Fiscal Year 2079/80. The resolution was reached during the 134th Board Meeting of SGIC, held on Magh 10, 2080. The decision not to distribute dividends stems from a careful consideration of various factors and aligns with the company’s strategic approach to financial management. It’s crucial to highlight that this decision is subject to the approval of the financial statements by the regulatory authority, Nepal Insurance Authority. The move underscores SGIC’s commitment to responsible financial practices, ensuring that shareholder interests are in sync with the prevailing economic conditions and regulatory requirements. Investors and stakeholders will be keenly watching for further insights during the regulatory approval process to gain a comprehensive understanding of SGIC’s financial standing and its future direction.