Unilever Nepal Limited (UNL) rose the most for the day, gaining 8.54%.
Garima Debenture, 2085 (GBBD85) dropped the most today, losing 9.97%.
Only one sector finished in the green today, “Hotels and Tourism,” which lost the most 1.24% apiece, while “Manufacturing and Processing” gained 0.90%.
For the fiscal year 2078/79, Janautthan Samudayic Laghubitta Bittiya Sanstha Limited (JSLBB) has proposed a 15.7895% dividend worth Rs. 2.33 Crores.
The board of directors decided on March 29 to distribute a 15.7895% dividend for fiscal year 2078/79, with 15% bonus shares and a 0.7895% cash dividend proposed from the paid-up capital of Rs. 14.79 Crores. As a result, the bonus shares are worth slightly more than Rs. 2.21 crore, and the cash dividends are worth Rs. 11.67 lakhs.
The NEPSE index finished at 2,121.75 today, down 60.88 points from the previous trading day’s close. This is a 2.79% decrease. Yesterday, the index rose 12.45 points.
Today’s opening price for the index is 2,181.2, which is also the intraday high. It dropped as low as 2,117.67 before closing at 2,121.75.
Through 51,226 transactions, 253 scrips changed hands. A total of 8,139,840 shares were traded for a total of Rs. 2.062 Arba in turnover. This is less than the previous day’s turnover of Rs. 3.047 Arba.
Himalayan Distillery Limited (HDL) closed at a market price of Rs. 2,605 per share with the highest turnover of Rs. 14.37 crores. The most traded shares were those of NGPL.
Khaptad Laghubitta Bittiya Sanstha Limited (KLBS) gained the most for the day, 4.48%.
Ngadi Group Power Ltd. (NGPL) suffered the most loss today, falling 6.60%.
All sector indexes finished in the red today, with “Finance” losing the most 4.70% and “Mutual Fund” losing the most 0.83%.
Nepal Telecom (NTC), the country’s state-owned telecoms operator, has officially launched its long-awaited 5G trial to commemorate the company’s 19th anniversary. Nepal Telecom, the country’s state-owned telecom operator, had previously postponed 5G testing due to a lack of a device ecosystem. To commemorate its 19th anniversary, the telco tested its 5G cellular network in Babarmahal and Sundhara.
The network deployed in the Kathmandu districts of Sundhara and Babarmahal is using the 60 MHz spectrum in the 2600 MHz band given by the government. The 2600 MHz band provides a good balance of speed and coverage. According to a Nepalitelecom report, the trials are not available to the public and are conducted internally.
The initial trials, which were supposed to begin in January 2023, have already begun one month later than projected. Nepal Telecom’s July 2021 trials were canceled when a change in administration hindered the requisite spectrum allocation.
Sunil Paudel, MD of Nepal Telecom (NTC), has formally declared the launch of the long-awaited 5G experiment. However, no official launch date for 5G has been announced, however, officials have stated that it “should launch shortly.” Managing Director Sunil Paudel noted in a progress update on the company’s planned 5G rollout that Nepal Telecom (NT) has yet to evaluate the capabilities of its present mobile infrastructure to handle commercial 5G services in the future.
Nepal Telecom Corporation (NTC) will begin its 5G testing using Non-standalone (NSA) architecture and subsequently advance to Standalone architecture (SA). By changing the basic software, the NSA allows the operator to launch its 5G network on its existing 4G LTE infrastructure. The business has already developed two 5G-ready sites in Babarmahal and Sundhara. NTC is now testing available 5G devices on the network in Babarmahal and Sundhara, having installed the essential equipment at both locations.
Shangrila Development Bank Limited (SADBL) has proposed a dividend of 8.983% amounting to Rs. 27.04 crores for fiscal year 2078/79. The board of directors decided on Magh 26 to distribute the dividend on the paid-up capital of Rs. 3.01 Arba. There has been proposed an 8.534% bonus share and a 0.449% cash dividend (for tax purposes). Thus, the bonus shares are worth slightly more than Rs. 25.69 crores, and the cash dividend is worth slightly more than Rs. 1.35 crores.
API Power Company Ltd. (API) shares were the most actively traded, with a total turnover of Rs. 5.86 crores at a market price of Rs. 302 per share.Barahi Hydropower Public Limited (BHPL) gained the most, gaining 10% and closing the day on a good note.
Nabil Balanced Fund-3 (NBF3), on the other hand, lost the most today, losing 5.75%.Only one sector finished in the negative today, “Mutual Fund,” which lost 0.20%, while “Development Bank” gained the most, 1.46%.
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 changed hands. A total of 10,502,649 shares were traded, totaling Rs. 3.691 Arba in activity. This is more than the previous day’s turnover of Rs. 3.362 Arba.The largest turnover was Rs. 11.28 crores by Nepal Reinsurance Company Limited (NRIC), which closed at a market price of Rs. 852 per share. API Power Company Ltd. (API) had the greatest trading volume.
Terhathum Power Company Limited (TPC) gained the most for the day, 3.32%
Adarsha Laghubitta Bittiya Sanstha Limited (ADLB) suffered the most loss today, falling 5.14%.
Only one sector finished in the green today, “Others,” which gained 0.50%, while “Finance” dropped the most, 1.94%.
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 suggested. Thus, the bonus shares are worth little more than Rs. 6.67 crores, while the cash dividend is worth slightly more than Rs. 35.14 lakhs.
The dividend will be paid only after clearance from the central bank and approval from the company’s next AGM. ALBSL currently has an LTP of Rs. 996.
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. A total of 9,333,788 shares were traded, totaling Rs. 3.362 Arba in turnover. This is more than the previous day’s turnover of Rs. 1.474 Arba.
The largest turnover was Rs. 12.92 crores, with NIC Asia Bank Ltd. (NICA) ending at a market price of Rs. 835 per share. The most traded shares were those of Ngadi Group Power Ltd. (NGPL).
Five scrips gained everything they could and made it to the positive circuit.12% ICFC Finance Limited Debenture 2083 (ICFCD83) fell the most today, losing 5.90%.Today, all sector indexes finished in the green, with “Investment” gaining the most 6.25% and “Mutual Fund” gaining the least 2.24%.
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 same quarter last year. The lower revenue is attributable to the expiration of the Posted Rate Facility Agreement for the Mai Hydropower Project (15.6 MW), as well as poor hydrological conditions throughout the quarter. As a result, the net profit for the fiscal year 2079/080’s second quarter ended 11.36% lower than the previous year’s quarter ended. In addition, the business spent over Rs. 2.34 Arba in associates, which climbed by 91.06% in this quarter.
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 total of 3,922,216 shares were traded, totaling Rs. 1.474 Arba in turnover. This is less than the previous day’s turnover of Rs. 1.931 Arba.
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 scrips changed hands. A total of 5,206,370 shares were traded, totaling Rs. 1.931 Arba in activity. This is less than the previous day’s turnover of Rs. 2.096 Arba.