The current promoters of NIC Asia Bank Limited (NICA) are putting up 5,13,325 units of promoter shares for auction starting today, the 16th Falgun until the 27th Falgun, 2080. Interested parties who qualify as promoter shareholders or individuals/companies/institutions can participate in the auction, with a minimum bid rate set at Rs. 208 per unit. […]
Pashupati Renewables Ltd. focuses on developing hydro and solar power projects in Nepal, prioritizing organized, organic, and sustainable approaches. The team consists of internationally trained professionals in engineering, economics, business, and management, with a history of contributing to hydro projects globally. The company upholds transparent, clean, and ethical business practices, advocating for projects like small
The Nepal Stock Exchange (NEPSE) Index experienced a slight decline of 0.87 points or 0.04% compared to the previous day, closing at 2,000.77 points. In the prior trading session, the index had seen an increase of 9.34 points. Today’s trading began with the index starting at 2,002.94, reaching a high of 2,009.50 during the day
Hathway Investment Nepal Limited (HATHY) recently saw 23,40,000 unit bonus shares listed on the Nepal Stock Exchange (NEPSE). This comes after the company’s 15th Annual General Meeting held on Poush 26, 2080, where it approved a 10.526% dividend for the fiscal year 2079/80. The dividend included a proposal for 10% bonus shares and 0.526% cash
Sipla Securities Limited, identified as Broker Number 20, is facing a suspension from trading activities on the Nepal Stock Exchange Limited (NEPSE). NEPSE made an official announcement on Monday, declaring the suspension of Sipla Securities for a duration of three working days. The reason cited for this action is the broker’s failure to comply with
Sagarmatha Lumbini Insurance Company Limited (SALICO) has put forward a proposal to issue a 5% cash dividend for the fiscal year 2079/80. The decision to distribute this dividend was made during the 18th meeting of the board of directors held on Falgun 14. The proposed cash dividend is based on the existing paid-up capital of
In the ever-evolving landscape of financial markets, characterized by uncertainty, the significance of a well-defined strategy cannot be overstated. The Turtle Trading method, a time-tested strategy known for its systematic approach to capturing market trends, holds a prominent place in this realm. This article delves into the art of Turtle Trading, specifically focusing on its
Thamel Plaza Hotel & Suites Limited has announced its 12th Annual General Meeting (AGM) scheduled for 7th Chaitra, 2080, at Thamel Plaza Hotel & Suites in Kathmandu, beginning at 4:00 PM. The proposed agenda items encompass the approval of the annual report, endorsement of the auditor’s report for the fiscal year 2079/80, including Profit and
Sanima Large Cap Fund (SLCF) is a closed-end mutual fund managed by Sanima Capital, associated with Sanima Bank, featuring a 7-year maturity period. With a fund size of Rs. 1.20 arba, SLCF made investments in the month of Magh, allocating Rs. 82.33 crore to listed company shares and Rs. 1.92 crore to public issues, right
The Nabil Balanced Fund 2 (NBF2) is a 10-year closed-end mutual fund scheme, and its Net Asset Value (NAV) report for the month of Magh reveals a decrease in NAV from Rs. 10.31 to Rs. 10.15. Starting with a fund size of Rs. 1.12 Arba, it invested Rs. 88.37 crores in listed company shares, Rs.
Sun Nepal Life Insurance Company Limited (SNLI) plans to distribute a dividend of 25.0526% and offer 27% right shares for the fiscal year 2079/80. Following their 99th Board of Directors meeting on Falgun 11, they’ve decided on a 23.8% bonus share valued at Rs. 76.16 crores and a 1.2526% cash dividend worth Rs. 4.00
Sarbottam Cement, launched in 2010 as a key product of Saurabh Group, started its operations in February 2014. Based in Neupane Tower, Tinkune, Kathmandu, its factory is situated about 240 km away in Sunwal, Nawalparasi. The company has an authorized capital of Rs 4,000 million and occupies 30 bighas of land. Utilizing advanced European techniques,
