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Gold Prices in Nepal Witness Decline, with Fine Gold and Tejabi Gold Experiencing Decreases of Rs. 1100 and Rs. 1050 per Tola respectively 1
Gold | Silver | Forex

Gold Prices in Nepal Witness Decline, with Fine Gold and Tejabi Gold Experiencing Decreases of Rs. 1100 and Rs. 1050 per Tola respectively

Today, the price of fine gold in Nepal has experienced a decline of Rs. 1100 per tola, while tejabi gold has fallen by Rs. 1050 from yesterday’s price. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently being traded at Rs. 110,000 per tola, compared to yesterday’s […]

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Infinity Laghubitta Bittiya Sanstha Limited Reports Decreased Net Profit in Q3, with Decline in Core Revenue and Operating Profit 3
Business | Market | Economy IPO | FPO

Infinity Laghubitta Bittiya Sanstha Limited Reports Decreased Net Profit in Q3, with Decline in Core Revenue and Operating Profit

Infinity Laghubitta Bittiya Sanstha Limited (ILBS) has released its third-quarter report for the current fiscal year, showing a decreased net profit of Rs. 1.38 crores. In the corresponding quarter of the previous fiscal year, the company had recorded a profit of Rs. 11.83 crores. The microfinance company’s net interest income, which is its core revenue, […]

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NEPSE Lists Bonus Shares of Nepal Bank Limited (NBL) and Forward Microfinance Laghubitta Bittiya Sanstha Limited (FOWAD) 5
NEPSE NEWS

NEPSE Lists Bonus Shares of Nepal Bank Limited (NBL) and Forward Microfinance Laghubitta Bittiya Sanstha Limited (FOWAD)

NEPSE has recently listed 28,81,180.9663 unit bonus shares of Nepal Bank Limited (NBL). This follows the bank’s 63rd Annual General Meeting held on Poush 29, where a 12% dividend was approved for the fiscal year 2078/79. During a board of directors meeting on Poush 01, it was decided to distribute the dividend on the paid-up […]

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rabhu Life Insurance Limited Revises Dividend Proposal for FY 2077/78 in Response to Regulatory Requirement 7
Dividend

rabhu Life Insurance Limited Revises Dividend Proposal for FY 2077/78 in Response to Regulatory Requirement

Prabhu Life Insurance Limited (PLI) has made changes to its dividend proposal for the fiscal year 2077/78. Initially, they had planned to distribute a dividend of 10.526%, consisting of 10% bonus shares and 0.526% cash dividend from their paid-up capital of Rs. 2 Arba. However, the Nepal Insurance Authority required the company to revise its […]

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Ghorahi Cement Industry Limited Concludes IPO for Nepalese Citizens Working Abroad and Extends Deadline for Project-Affected Locals 9
IPO | FPO

Ghorahi Cement Industry Limited Concludes IPO for Nepalese Citizens Working Abroad and Extends Deadline for Project-Affected Locals

Ghorahi Cement Industry Limited has announced the closure of its Initial Public Offering (IPO) for Nepalese citizens working abroad starting from 2nd Jestha, 2080. The company has also extended the IPO deadline for project-affected locals until 17th Jestha. The IPO had initially opened on 19th Baisakh, 2080. With an issued capital of Rs. 3.97 Arba, […]

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NMB Laghubitta Bittiya Sanstha Limited Reports Significant Decline in Net Profit for Q3 FY 2079/80 11
Business | Market | Economy

NMB Laghubitta Bittiya Sanstha Limited Reports Significant Decline in Net Profit for Q3 FY 2079/80

NMB Laghubitta Bittiya Sanstha Limited (NMBMF) has released its third-quarter report for the fiscal year 2079/80, revealing a significant decline in net profit. The company’s net profit stood at Rs. 1.15 crores, representing a decrease of 89.80% compared to the same quarter of the previous fiscal year. Personnel expenses reported by the company for the […]

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NIC Asia Bank Limited Initiates Auction of 345,680 Promoter Shares to General Public 13
IPO | FPO Business | Market | Economy

NIC Asia Bank Limited Initiates Auction of 345,680 Promoter Shares to General Public

Promoters of NIC Asia Bank Limited (NICA) have initiated an auction to sell 345,680 units of their promoter shares to the general public. The auction period will run from the 2nd of Jestha to the 9th of Jestha, 2080. The auction is open to individual investors, companies, and institutions, with a minimum bid rate of […]

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Unique Nepal Laghubitta Bittiya Sanstha Limited Announces Follow on Public Offer (FPO) to Adjust Shareholding Ratio 15
IPO | FPO

Unique Nepal Laghubitta Bittiya Sanstha Limited Announces Follow on Public Offer (FPO) to Adjust Shareholding Ratio

Unique Nepal Laghubitta Bittiya Sanstha Limited (UNLB) has recently announced its plan to issue a Follow on Public Offer (FPO) to the general public. The company aims to release 3,79,425 unit shares with a face value of Rs. 100 starting from the 11th of Jestha, 2080. The objective of this FPO is to collect Rs. […]

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NEPSE Index Gains 0.18% with Increased Turnover 17
NEPSE NEWS

NEPSE Index Gains 0.18% with Increased Turnover

The NEPSE index concluded today’s trading session at 1,821.60 points, marking an increase of 3.29 points compared to the previous closing. This translates to a gain of 0.18%. In contrast, the index had experienced a loss of 3.34 points the day before. At the start of the trading day, the index opened at 1,817.87 points […]

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Prabhu Capital Limited and Century Capital Markets Join Forces for an Epic Financial Venture 19
Business | Market | Economy

Prabhu Capital Limited and Century Capital Markets Join Forces for an Epic Financial Venture

Prabhu Capital Limited and Century Capital Markets have officially commenced their joint operation on Jestha 01, 2080, following a successful acquisition. The acquisition was approved by the Office of the Registrar and regulatory bodies, as confirmed through a letter issued on Baisakh 26, 2080. The two companies will now conduct their business together under the […]

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