Tag: Website

  • Gold Prices in Domestic Market Decline by Rs. 800 per Tola, Silver Also Witnesses a Decrease

    Gold Prices in Domestic Market Decline by Rs. 800 per Tola, Silver Also Witnesses a Decrease


    Gold prices in the domestic market have experienced a decline of Rs. 800 per tola. The official website of the Federation of Nepal Gold and Silver Dealers’ Association indicates that fine gold is currently trading at Rs. 110,800 per tola, down from yesterday’s rate of Rs. 111,600 per tola. Similarly, Tejabi gold is being traded at Rs. 110,250 today, compared to yesterday’s rate of Rs. 111,050 per tola.

    In addition, the price of silver has also dropped by Rs. 55 per tola. The lustrous white metal is currently being traded at Rs. 1,375 per tola in the local market, down from the previous day’s closing rate of Rs. 1,430 per tola.

    Internationally, the current price of gold stands at USD $2,011.50 per ounce, while silver is being traded at $24 per ounce.

  • Last Day to be Eligible for Rights Offering of Himal Dolakha Hydropower Company Limited

    Last Day to be Eligible for Rights Offering of Himal Dolakha Hydropower Company Limited


    Himal Dolakha Hydropower Company Limited (HDHPC) is currently offering 12,000,000 unit right shares at a par value of Rs. 100. The rights issue has been approved by the Securities Exchange Board of Nepal (SEBON) and is being managed by Laxmi Capital Markets Limited.

    The current paid-up capital of the company is Rs. 1.60 Arba, and after the issue of the right share in the ratio of 1:0.75, the paid-up capital of the company will be increased to Rs. 2.8 Arba. The book closure date for the rights issue is Baisakh 27, and shareholders who have maintained shares until the last trading day before the book closure are eligible to apply for the right shares.

    Today is the last day for interested shareholders to become eligible for the rights offering. If you miss the deadline, you will not be able to apply for the right shares. As of writing, HDHPC’s last traded price (LTP) is Rs. 187.90.

    If you’re interested in investing in HDHPC, you can apply for the right shares through your stockbroker or by visiting the website of Laxmi Capital Markets Limited. It’s important to carefully consider the terms of the rights offering and do your research on the company before making an investment decision.

  • Garima Bikas Bank Distributes 13% Bonus Shares and Endorses 14.5% Dividend for Fiscal Year 2078/79

    Garima Bikas Bank Distributes 13% Bonus Shares and Endorses 14.5% Dividend for Fiscal Year 2078/79


    Garima Bikas Bank Limited has distributed 13% bonus shares directly to the DEMAT account of its shareholders and has urged them to dematerialize their shares. This was announced after the bank’s 16th AGM where it also endorsed a 14.5% dividend worth Rs. 66.56 Crores for the fiscal year 2078/79. The board of directors meeting held later decided to distribute a 14.5% dividend on the paid-up capital of Rs. 4.59 Arba.

    In addition to the bonus shares, 1.50% cash dividend worth Rs 6.88 Crores was proposed. The bonus shares were already listed in NEPSE. The bank has also requested its shareholders to pay the tax amount for the 16% bonus shares proposed for FY 2077/2078. The details of the tax amount that a shareholder has to pay can be found on the website of the share registrar NIBL Ace Capital Limited.

    The bank’s decision to distribute bonus shares and dividends is expected to benefit its shareholders. The distribution of bonus shares will increase their ownership in the bank, while the dividend payment will provide them with a direct cash payment. The bank has also encouraged its shareholders to dematerialize their shares. This will facilitate electronic trading of shares, making it easier for shareholders to trade them in the secondary market.

  • Gold Price Breaks All-Time High Record Again, Silver Also Up

    Gold Price Breaks All-Time High Record Again, Silver Also Up


    The price of gold in Nepal has broken an all-time high record once again, gaining Rs. 1200 in a single day. As per the official website of the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is being traded today at Rs. 111,800 per tola, while Tejabi gold is being traded at Rs. 111,250. This is a significant increase from yesterday’s rate of Rs. 110,600 and Rs. 110,050 per tola for fine gold and Tejabi gold, respectively.

    This recent surge in the price of gold follows the previous all-time high recorded on April 5th, 2023, when fine gold was traded at Rs. 111,000 per tola and Tejabi gold at Rs. 110,450 per tola. Silver has also seen a rise in its price, with a gain of Rs. 20 per tola. The white metal is currently being traded at Rs. 1,445 per tola in the local market, up from yesterday’s closing rate of Rs. 1,425 per tola.

    In the international market, gold was traded at around $2,015.60 per ounce as of yesterday. However, the current rate of gold in the international market has reached USD $2,044.50 per ounce, while silver is being traded at $25.69 per ounce. It is worth noting that gold had reached an all-time high of $2074.88 in August 2020.

  • Gold Prices Reach Near All-Time High in Nepalese Market

    Gold Prices Reach Near All-Time High in Nepalese Market


    Gold prices are on the rise in the Nepalese market once again. Today, fine gold gained Rs. 1800 per tola while tejabi gold rose by Rs. 1750 per tola from yesterday’s price. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is being traded today at Rs. 110,600 per tola, while tejabi gold is being traded at Rs. 110,050 per tola.

    This increase in gold prices comes after the precious metal reached an all-time high in the Nepalese market on 5th April 2023, with fine gold trading at Rs. 111,000 per tola and tejabi gold trading at Rs. 110,450 per tola. Currently, the international price of gold is at USD $2,015.60 per ounce, with silver being traded at $25.24 per ounce.

    On the other hand, silver prices have also risen in the Nepalese market, gaining Rs. 20 per tola. The white metal is being traded today at Rs. 1,425 per tola compared to yesterday’s closing rate of Rs. 1,405 per tola.

    The increase in gold prices can be attributed to various global factors such as inflation fears, economic uncertainties, and geopolitical tensions. In August 2020, gold reached an all-time high of $2074.88 per ounce in the international market, further highlighting its significance as a safe-haven asset. Despite the fluctuation in gold prices, it remains an attractive investment option for many people, especially during times of economic volatility.

  • Allotment of 12 Crore Units of Siddhartha Investment Growth Scheme 3 Concludes; Only 67.15% Units Subscribed

    Allotment of 12 Crore Units of Siddhartha Investment Growth Scheme 3 Concludes; Only 67.15% Units Subscribed


    Siddhartha Capital Limited recently concluded the issuance of its closed-end mutual fund scheme, “Siddhartha Investment Growth Scheme 3”. The issue consisted of 12 crore unit shares with a par value of Rs. 10 per unit. The fund promoter, Siddhartha Bank Limited, was allocated 10% (1.2 crore units) of the shares, while the fund manager, Siddhartha Capital, was allocated 5% (60 lakh units). The remaining 10.20 crore units were issued to the general public. The scheme, which has a maturity period of 10 years, is the sixth mutual fund scheme offered by Siddhartha Capital. On Baisakh 17, 80,580,000 units were allotted to valid applicants, resulting in a total scheme size of Rs. 80.58 Crores.

  • Today’s gold price falls by Rs. 500 per tola, while silver falls by Rs. 5.

    Today’s gold price falls by Rs. 500 per tola, while silver falls by Rs. 5.


    Today’s gold price has dropped 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. 109,100 per tola. Yesterday, the tariff remained unchanged at Rs. 109,600 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 108,600. In contrast, the cost was kept at Rs. 109,100 per tola yesterday.

     

  • Today’s gold price in Nepal has dropped by Rs 900 per tola.

    Today’s gold price in Nepal has dropped by Rs 900 per tola.


    In the domestic market today, fine gold has lost Rs. 900 per tola, while tejabi gold has lost Rs. 850 from yesterday’s pricing.

    According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading for Rs. 109,300 per tola. Yesterday, the cost remained unchanged at Rs. 110,200 per tola. Meanwhile, Tejabi gold is currently trading for Rs. 108,800. In contrast, the cost was kept at Rs. 109,650 per tola yesterday.

  • Union Life Insurance Company requests that shareholders pay taxes on 8.97% bonus shares.

    Union Life Insurance Company requests that shareholders pay taxes on 8.97% bonus shares.


     

    Union Life Insurance Company Limited (ULI) has requested its shareholders to pay the 8.97% bonus share tax.

    On the 26th of Magh, 2079, the firm held its 5th AGM for the fiscal year 2077/78. The meeting approved 8.97% bonus shares worth Rs. 19,28,55,000 from the company’s paid-up capital of Rs. 2.15 Arba for the fiscal year 2077/78.

     

  • Gold has dropped by Rs 800 per tola and is now trading at Rs 110,000.

    Gold has dropped by Rs 800 per tola and is now trading at Rs 110,000.


    In the domestic market today, fine gold is down Rs. 800 per tola, while tejabi gold is down Rs. 750 from yesterday’s pricing.

    Fine gold is now trading at Rs. 110,000 per tola, according to the Federation of Nepal Gold and Silver Dealers’ Association’s official website. Yesterday, the price per tola remained constant at Rs. 110,800. Meanwhile, the price of Tejabi gold is at Rs. 109,500. In contrast, yesterday’s price remained unchanged at Rs. 110,250 per tola.

    Silver, on the other hand, has remained stable at Rs. 1,4

  • Today’s gold price in Nepal has risen by Rs 500 per tola, while silver has risen by Rs 5.

    Today’s gold price in Nepal has risen by Rs 500 per tola, while silver has risen by Rs 5.


     

    Today’s gold price has risen by Rs. 500 in the domestic market.

    According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 109,800 per tola. Yesterday, the rate remained unchanged at Rs. 109,300 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 109,300. In contrast, the rate was kept at Rs. 108,800 per tola yesterday.

  • Today’s gold price in Nepal has dropped by Rs 700 per tola, while silver has dropped by Rs 10.

    Today’s gold price in Nepal has dropped by Rs 700 per tola, while silver has dropped by Rs 10.


     

    Today’s gold price has dropped by Rs. 700 per tola.

    According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 109,300 per tola. Yesterday, the rate remained unchanged at Rs. 110,000 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 108,800. In contrast, the rate was kept at Rs. 109,500 per tola yesterday.