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Balephi Hydropower suggests issuing right shares in a 1:0.50 ratio. 1
Business | Market | Economy

Balephi Hydropower suggests issuing right shares in a 1:0.50 ratio.

The Balephi Hydropower Limited (BHL) board of directors decided to submit a proposal for approval at the following annual general meeting of the company for the issuance of rights shares in the ratio of 1 equal to 0.5 from the current paid-up capital of Rs. 1.827 Arba. This decision was made at the board’s meeting […]

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NEPSE Achieves A Positive Close: 4.55 Points Up As Turnover Remains At Rs. 2.525 Arba 3
NEPSE NEWS

NEPSE Achieves A Positive Close: 4.55 Points Up As Turnover Remains At Rs. 2.525 Arba

The NEPSE index increased 4.55 points from the previous trading day’s closing to close at 2,027.19 today. The gain here is 0.22%. On Thursday, the index fell 57.74 points. The index hit an intraday low of 1,961.24 and started the day at 2,016.54. Although it peaked at 2,029.66 and ended up closing at 2,027.19 Through […]

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Decrease in Sales Revenue and Increase in Finance Cost Results 33.12% Decline in Net Profit of Supermai Hydropower for Q2 5
Business | Market | Economy

Decrease in Sales Revenue and Increase in Finance Cost Results 33.12% Decline in Net Profit of Supermai Hydropower for Q2

The second quarter (Q2) of the current FY 2079/80 had a net profit decline of 33.12% for Supermai Hydropower Limited (SMHL). From Rs. 7.50 crores in the same quarter last year, the earnings dropped to Rs. 5.0184 crores this quarter. This quarter’s net profit decreased as a result of a fall in sales income and […]

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NEPSE dropped by 47.77 points (2.31%), and this week's turnover was Rs 8.25 araba 7
NEPSE NEWS

NEPSE dropped by 47.77 points (2.31%), and this week’s turnover was Rs 8.25 araba

Due to the public holidays on Sunday and Tuesday, NEPSE only traded for three days this week. This week, the index dropped by 47.77 points (2.31%), closing at 2,022.64 as a result. Last week, the index lost 5.14% from the week before, closing at 2,070.41. This week, the index fluctuated by 68.79 points, hitting a […]

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NEPSE drops another 23.60 points to 2,046.81. 9
NEPSE NEWS

NEPSE drops another 23.60 points to 2,046.81.

  The NEPSE index closed today at 2,046.81, a decrease of 23.60 points from the previous trading day’s close. This represents a 1.14% decrease. The following are the results of the survey. Today, the index opened at 2,069.67 and reached an intraday high of 2,069.78. It fell as low as 2,040.18 before

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Total Deposits Went Up Rs. 14 Billion in End Week of Magh, Lending Risen by Rs. 3 Billion 11
Business | Market | Economy

Total Deposits Went Up Rs. 14 Billion in End Week of Magh, Lending Risen by Rs. 3 Billion

The Nepal Bankers’ Association (NBA) has published a comprehensive study on deposit and lending trends in Nepal’s commercial banks. This information is current as of the end of Magh in 2079. Until Falgun 01, the CD ratio was 86.24. The total amount of deposits increased by Rs. 14 billion (Arba) in the fourth week of […]

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Last Day to Apply for Sagarmatha Jalbidhyut Company's Local IPO; Issue Closing Date: 13
Business | Market | Economy

Last Day to Apply for Sagarmatha Jalbidhyut Company’s Local IPO; Issue Closing Date:

From today, 5th Falgun, 2079, Sagarmatha Jalbidhyut Company Limited will close the issue of 11,20,000 unit IPO shares for project-affected locals of Illam District. The issue had begun on the 5th of Magh, 2079. The company’s issued capital is Rs. 1.12 Arba, of which 10%, or 11,20,000 unit shares worth Rs. 11.20 crores, have been […]

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This week, the NEPSE fell 112.22 points (5.14%), with a turnover of Rs 8.25 arba. 15
NEPSE NEWS

This week, the NEPSE fell 112.22 points (5.14%), with a turnover of Rs 8.25 arba.

This week’s NEPSE index closed at 2,070.41, down 112.22 points (5.14%). Last week, the index closed at 2,182.63, up 4.21% from the previous week. This week, the index reached a high of 2,181.20 and a low of 2,067.41, resulting in 113.79 points of volatility. The previous week’s volatility on the index was 126.3 points.

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Asian Hydropower IPO has received Rs. 1.66 billion from 14.92 lakh applicants as of the last day. 17
IPO | FPO

Asian Hydropower IPO has received Rs. 1.66 billion from 14.92 lakh applicants as of the last day.

Asian Hydropower Limited issued 697,200 units of shares worth Rs. 6.97 crores to the general public as a part of their Initial Public Offering (IPO) from 27th Magh till 3rd Falgun, 2079. Out of the total 840,000 units; 10% i.e. 84,000 units have already been issued and allotted to Nepalese citizens working abroad, whereas 2% […]

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NEPSE Continues Falling Spree, Fell 1.01% To Limit Intraday Turnover To Rs 1.684 Arba 19
Business | Market | Economy NEPSE NEWS

NEPSE Continues Falling Spree, Fell 1.01% To Limit Intraday Turnover To Rs 1.684 Arba

  The NEPSE index closed at 2,070.41 today after losing 21.15 points from the last trading day’s closing. This is a loss of 1.01%. The index lost 13.90 points yesterday. Today the index opened at 2,090.49 and made an intraday high of 2,099.43. It went as low as 2,066.78 and ultimately closed at 2,070.41.  

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