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Sarbottam Cement Reports 55.61% Dip in Q4 Net Profit, Unveils IPO Plans Amid Financial Update 1
IPO | FPO

Sarbottam Cement Reports 55.61% Dip in Q4 Net Profit, Unveils IPO Plans Amid Financial Update

Sarbottam Cement Limited has recently unveiled its financial performance for the fourth quarter of the fiscal year 2079/2080, revealing a significant 55.61% decline in net profit. The company’s net profit contracted from Rs. 46.76 crores in the corresponding quarter of the prior year to Rs. 20.75 crores in Q4, 2079/2080. Concurrently, the core business revenue, […]

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Gold Prices Surge by Rs. 500 per Tola, Silver also Witnesses Increment in Nepal 3
Gold | Silver | Forex

Gold Prices Surge by Rs. 500 per Tola, Silver also Witnesses Increment in Nepal

The cost of the valuable yellow metal has risen by Rs. 500 per tola today when compared to the trading price on Monday. As reported by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the present rate for fine gold is Rs. 1,21,000 per tola, marking a Rs. 500 increase from Monday’s trading […]

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Sarbottam Cement Announces IPO for Industry-Affected Locals and Foreign Nepalese Immigrants, Following Successful QII Allotmen 5
Business | Market | Economy IPO | FPO

Sarbottam Cement Announces IPO for Industry-Affected Locals and Foreign Nepalese Immigrants, Following Successful QII Allotmen

Sarbottam Cement Limited has issued an offer letter for an Initial Public Offering (IPO) targeting industry-affected locals of Nawalparasi District, mine excavation-affected locals of Palpa District, and Foreign Nepalese Immigrants. The IPO subscription period for the specified groups is set from 25th Poush to 10th Magh, 2080. Notably, if the issue remains undersubscribed for the […]

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Everest Bank Limited Lists 1,06,98,094.44 Bonus Shares on NEPSE Following AGM Approval 7
NEPSE NEWS

Everest Bank Limited Lists 1,06,98,094.44 Bonus Shares on NEPSE Following AGM Approval

A total of 1,06,98,094.44 units of bonus shares from Everest Bank Limited (EBL) have been officially listed on the Nepal Stock Exchange (NEPSE). This follows the company’s 29th Annual General Meeting (AGM) conducted on the 30th of Ashwin, 2080, where a dividend of 20.53% for the fiscal year 2079/80 was approved. During the 357th meeting […]

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Singati Hydro Energy Limited Announces Book Closure Date for 100% Right Share Issuance 9
Dividend

Singati Hydro Energy Limited Announces Book Closure Date for 100% Right Share Issuance

Singati Hydro Energy Limited (SHEL) has announced the book closure date for its upcoming issuance of 100% right shares, set for the 22nd of Poush, 2080. Consequently, shareholders holding their positions until Poush 21 will be entitled to participate in the rights offering. The company intends to distribute 100% right shares valued at Rs. 1.45 […]

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NEPSE Index Records Marginal Decline, Market Highlights and Sectoral Trends 11
NEPSE NEWS

NEPSE Index Records Marginal Decline, Market Highlights and Sectoral Trends

The Nepal Stock Exchange (NEPSE) Index registered a decline of 8.75 points, equivalent to 0.42%, compared to the previous day’s closing, concluding at 2,060.15 points. This follows a loss of 1.93 points in the index on the preceding trading day. The day commenced with the index opening at 2072.45 and witnessed fluctuations, reaching an intraday […]

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Ghalemdi Hydro Limited Successfully Concludes 200% Right Share Offering to Fund Chujung Khola Hydropower Project Acquisition 13
Dividend

Ghalemdi Hydro Limited Successfully Concludes 200% Right Share Offering to Fund Chujung Khola Hydropower Project Acquisition

Ghalemdi Hydro Limited (GHL) is currently concluding the offering of its 1:2 ratio right shares to its shareholders, a process that began on the 10th of Mangsir and is scheduled to end today, the 16th of Poush, 2080, by the close of banking hours. In an effort to raise funds, the hydropower company has initiated […]

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Ghalemdi Hydro Limited Concludes 200% Right Share Issuance for Chujung Khola Project Investment 15
Dividend

Ghalemdi Hydro Limited Concludes 200% Right Share Issuance for Chujung Khola Project Investment

Ghalemdi Hydro Limited (GHL) is set to conclude its issuance of right shares to shareholders at a 1:2 ratio starting from the 16th of Poush. The right shares, offered at a rate of 200%, were made available for subscription from the 10th of Mangsir and will remain open until the 16th of Poush, 2080, closing […]

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Gold Prices Experience a Significant Drop of Rs. 1,300 per Tola, Silver Rates Decline as Well 17
Gold | Silver | Forex

Gold Prices Experience a Significant Drop of Rs. 1,300 per Tola, Silver Rates Decline as Well

Today, the price of gold saw a decline of Rs. 1,300 per tola. As reported by the Federation of Nepal Gold and Silver Dealers’ Association’s official website, the current value of fine gold is Rs. 1,20,700 per tola, showing a decrease from yesterday’s rate of Rs. 1,22,000 per tola. Similarly, Tejabi gold is being traded […]

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Finance Minister Optimistic About 6% Economic Growth and Library Society's Challenges Addressed at Annual Meeting 19
Business | Market | Economy

Finance Minister Optimistic About 6% Economic Growth and Library Society’s Challenges Addressed at Annual Meeting

Finance Minister Dr. Prakash Sharan Mahat expressed optimism about achieving a 6% economic growth rate, attributing it to the gradual recovery of the country’s economy. Speaking at the 20th annual general meeting of the Kathmandu Valley Public Library Society at Bhrikutimandap, Minister Mahat highlighted positive signs such as the increasing number of tourists, rising remittances, […]

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