Tag: was

  • Today’s gold price falls by Rs 200 per tola.

    Today’s gold price falls by Rs 200 per tola.


    Today’s gold price has dropped by Rs. 200 per tola.

    According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading for Rs. 103,600 per tola. Yesterday, the cost remained unchanged at Rs. 103,800 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 103,100. In contrast, the cost was kept at Rs. 103,300 per tola yesterday.

    Silver has lost Rs. 5 per tola on the sidelines. Today’s local market price for the gleaming white metal is Rs. 1,290 per tola, compared to yesterday’s closing price of Rs. 1,295 per tola.

    Gold is currently trading at $1,845.30 per ounce in USD, while silver is trading at $21.69 per ounce on the international market.

  • Aatmanirbhar Laghubitta Completes Unit IPO Issue of 20,338 Shares

    Aatmanirbhar Laghubitta Completes Unit IPO Issue of 20,338 Shares


    Aatmanirbhar Laghubitta Bittiya Sanstha is closing the issue of 20,338 units of IPO shares for Nepalese citizens working abroad from today i.e. on 2nd Falgun, 2079. The issue opened on 16th Magh and was supposed to close yesterday i.e. 1st Falgun but since the government of Nepal has decided to announce Falgun 1 as People’s War Day, a public holiday, the issue has been extended till today.

    The issued capital of the company is Rs. 6.23 crores of which 32.625% i.e. 203,380 unit shares worth Rs. 2.03 crores have been set aside to the general public. Out of the total 203,380 units; 10% i.e. 20,388 units have been allocated for Nepalese citizens working abroad, whereas 1.5326% i.e 3,117 units have been set aside for the employees of the company, and 5% of the total offered shares i.e. 10,170 units have been set aside for the mutual funds.

     

  • The deadline for “10.30%” has been extended. Nepal Standard Chartered Bank Limited

    The deadline for “10.30%” has been extended. Nepal Standard Chartered Bank Limited


    The public offering of the “10.30% Standard Chartered Bank Nepal Limited Debenture” by Standard Chartered Bank Nepal Limited (SCB) has been extended. On the 26th of Magh, the issue was launched. The early deadline was today, on the 1st of Falgun. Because the issue has not been fully subscribed, the deadline has been extended until Falgun 08.

    A total of 24 lakh units will be issued at a par value of Rs.1000 each. 14.40 lakh units of the total issue will be subscribed through private placement, while the remaining 9.60 lakh units worth Rs. 96 crores will be open for public issue, with 5% reserved for mutual funds. The issuance will generate a total of Rs 2.4 Arba.

     

  • This week, NEPSE increased by a whopping 88.09 points, with a turnover of Rs 12.52 arba.

    This week, NEPSE increased by a whopping 88.09 points, with a turnover of Rs 12.52 arba.


    This week’s NEPSE index finished at 2,182.63, up 88.09 points (4.21%). Last week, the index finished at 2,094.54, down 4.06% from the previous week.

    This week, the index reached a top of 2,213.78 and a low of 2,087.48, resulting in a 126.3 point swing. The prior week’s volatility on the index was 101.74 points.

  • Mountain Energy Nepal Reports Net Profit of Rs 35.55 Crores for Q2

    Mountain Energy Nepal Reports Net Profit of Rs 35.55 Crores for Q2


    Mountain Energy Nepal Ltd reported a profit (after tax) of Rs. 35.55 crores in the second quarter. Profit decreased by 16.52% in this quarter. The profit in the previous corresponding quarter was Rs. 42.63 crores. Tadi Khola (5 MW) and Mistri Khola (42 MW) generate revenue from electricity sales, which are invoiced to Nepal Electricity Authority under the terms of the PPA until Poush end 2079.

     

  • NEPSE Index Retrace 2200 Levels Once More

    NEPSE Index Retrace 2200 Levels Once More


    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%.

  • Molung Hydropower Company Allotted Shares to Project-Affected Locals and Nepalese Working Abroad on the 24th of Magh.

    Molung Hydropower Company Allotted Shares to Project-Affected Locals and Nepalese Working Abroad on the 24th of Magh.


    Molung Hydropower Company Limited has distributed IPO shares to project participants and Nepalese citizens working abroad. The allotment program ended on the 24th of Magh, 2079, and money will be refunded to non-allottee applicants beginning on the 29th of Magh, 2079.

    The company’s issued capital is Rs. 80.25 crores, of which 10%, or 8,02,500 unit shares worth Rs. 8.02 crores, were allocated to project-affected Okhaldhunga District residents. And in the meantime, beginning in Falgun 04, 34% of the company’s issued capital, or 27,28,500 unit shares, will be made available to the general public. 10% of the shares totaling 272,850 units were allocated for Nepalese citizens working abroad in this public issue, which was opened on Poush 19 and closed on 3rd Magh, whereas the issue was opened on Poush 19 and closed on 3rd Magh.

     

  • With a staggering turnover of Rs. 3.362 Arba, the NEPSE Index soared by a whopping 76.64 points.

    With a staggering turnover of Rs. 3.362 Arba, the NEPSE Index soared by a whopping 76.64 points.


    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%.

  • The price of gold has risen by Rs 500 per tola.

    The price of gold has risen by Rs 500 per tola.


    Today’s gold price has risen by Rs. 500 per tola.

    According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading for Rs. 104,600 per tola. Yesterday, the tariff remained unchanged at Rs. 104,100 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 104,100. In contrast, the cost was kept at Rs. 103,600 per tola yesterday.

    On the other hand, silver is holding steady at Rs. 1,320 per tola.On the international market, gold is now priced at $1,878.20 per ounce in USD.

  • The revenue generated by Ankhukhola Hydropower has decreased by 10.43% to Rs. 12.23 crores.

    The revenue generated by Ankhukhola Hydropower has decreased by 10.43% to Rs. 12.23 crores.


    Ankhukhola Hydropower Company Limited (AKJCL) has released its Q2 financial report for fiscal year 2079/80, which shows a 29.43% decrease in net profit to Rs. 2.66 crores. During the previous fiscal year’s same quarter, the firm generated a net profit of Rs.3.77 crores.

    Total revenue during the second quarter was down 10.43% to Rs. 12.23 crores as compared to total revenue through the second quarter of FY 2078/079.

    On 8th Bhadra 2070, Ankhu Khola-1 (8.4 MW) was linked to the National Grid. The firm would receive a grant of Rs. 4.62 crore from the Nepal Government for its installed capacity of 8.4 MW. This money has not been included in revenue since it has not yet been received from the Nepal Government.

    Administrative and general expenditures climbed by 30.95% in the second quarter, while finance expenses reduced by 10.67% to Rs. 5.30 Crores.

    The company’s current paid-up capital is Rs.80 crore, with a negative reserve fund of Rs.21.20 crore. With this capital, the capital declared an EPS of Rs. 6.66 and a net value per share of Rs.73.50.

  • Gold falls Rs. 1,400 from its all-time high, trading at Rs. 106,100 per tola today.

    Gold falls Rs. 1,400 from its all-time high, trading at Rs. 106,100 per tola today.


    Today’s gold price has dropped by Rs. 1,400 per tola.

    According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 106,100 per tola. Yesterday, the rate remained unchanged at Rs. 107,500 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 105,600. In contrast, the rate was kept at Rs. 107,000 per tola yesterday.

  • Kalinchowk Darshan Limited’s initial public offering (IPO) has concluded, with 1 in every 16 applicants receiving 10 units.

    Kalinchowk Darshan Limited’s initial public offering (IPO) has concluded, with 1 in every 16 applicants receiving 10 units.


    Kalinchowk Darshan Limited’s initial public offering (IPO) was completed today at the offices of Nabil Investment Banking Limited in Kathmandu.

    Kalinchowk Darshan Limited had issued to the general public 896,400 units worth Rs 8.96 crore in an Initial Public Offering (Magh 3-6, 2079).