MFIL forgoes dividend for this fiscal year ?
What are your thoughts on MFIL ? Shall i sell this today ? View on r/NepalStock by Ill-Ebb593
r/NepalStock
Year
r/NepalStock
Can a person who has been investing for more than decade earn 15lakhs per year from dividends only?
It’s just a fake scenario i need to make sure for something very important, is it possible in real life? Flair might not match but i need help View on r/NepalStock by Leviosa_notleviousaa
Dividend
“NIC ASIA Bank Proposes 29% Bonus Shares and 1.5% Cash Dividend for Shareholders”
During its 629th board meeting convened on Bhadra 28, 2080, NIC ASIA Bank unveiled a proposition to grant its shareholders a dividend package consisting of 29% bonus shares and 1.5% cash dividend. This allocation of dividends is a reflection of the bank’s profits accrued in the previous fiscal year. The aggregate dividend sum totals Rs
Dividend
“Nesdo Sambridha Laghubitta Proposes 15% Cash Dividend for FY 2078/79”
Nesdo Sambridha Laghubitta Bittiya Sanstha Limited (NESDO) has suggested a 15% cash dividend for the fiscal year 2078/79. In their 78th meeting on Chaita 10, 2079, the company proposed a dividend of 73.6842%, combining bonus and cash dividends (including tax), using the accumulated profit from the previous financial year. However, Nepal Rastra Bank later
IPO | FPO
SEBON Achieves Record IPO Issuance of 22 Billion in FY 2079/80; Listed Companies Reach 81.61 Arba Market Cap.
In the financial year 2079/80, the Securities Board of Nepal (SEBON) achieved a remarkable milestone by approving initial public offerings (IPOs) worth over 22 billion rupees. This surpasses the previous record set in the financial year 2077/78, when SEBON allowed IPOs worth 15 billion 18 crores. Chairman Ramesh Hamal led the effort, breaking the previous
Business | Market | Economy
“Nepal’s Trade Deficit Narrows to Rs. 14.54 Kharba in FY 2079/80 with Rs. 16.11 Kharba Total Imports”
Nepal saw a significant improvement in its trade balance in fiscal year 2079/80 as trade deficits decreased by 15.45% compared to the previous year 2078/79. This improvement was mainly due to a sharp decline in imports, which dropped by 16.08% during the same period. The government’s strict measures played a crucial role in reducing
Business | Market | Economy
“Setikhola Hydropower Appoints Kumari Capital as Issue Manager for 60 Lakh Unit Share Float; 20 MW Pokhara Project Set to Operate in 2024”
Setikhola Hydropower has selected Kumari Capital as the issue manager to issue 60 lakh unit ordinary shares to the public investors. The memorandum of understanding (MoU) was signed between the CEO of Kumari Capital, Mr. Puspa Sharma, and the chairman of Setikhola Hydropower, Mr. Anup Acharya, during a program, according to the media statement.
Dividend
“Arun Kabeli Power Limited Lists 18,55,211 Unit Bonus Shares on NEPSE after Approving 10.5263% Dividend for Fiscal Year 2078/79”
A total of 18,55,211 unit bonus shares of Arun Kabeli Power Limited (AKPL) have recently been listed on the Nepal Stock Exchange (NEPSE). The listing comes after the company’s 12th Annual General Meeting (AGM) held on the 30th of Kartik, where a dividend of 10.5263% for the fiscal year 2078/79 was approved. The board of
Business | Market | Economy
“Nepal Rastra Bank to Publicize Monetary Policy for Fiscal Year 2080-81, Governor’s Return Coincides with Announcement”
The Nepal Rastra Bank (NRB) is preparing to announce the monetary policy for the ongoing fiscal year 2080-81, which is expected to be publicized by the end of the first week of Shrawan. Narayan Prasad Pokhrel, the Deputy Spokesperson and Information Officer of NRB, revealed in a phone conversation with Sharesansar that the central bank
Business | Market | Economy
“Inland Revenue Department (IRD) Falls Short of Revenue Target, Collecting Rs. 4 Kharba 80 Arba in Last Fiscal Year”
The Inland Revenue Department (IRD) faced a shortfall in revenue collection for the last fiscal year, collecting a total of Rs. 4 Kharba 80 Arba. This amount fell 23 percent below the target set at Rs. 6 Kharba 26 Arba. Furthermore, the revenue collected was Rs. 3 Arba less than the previous year’s collection (2078/79).
NEPSE NEWS
“NEPSE Index Soars by 47.07 Points, Closing at 2,144.16 in Today’s Trading Session”
“NEPSE Index Surges by 47.07 Points, Closing at 2,144.16 in Today’s Trading Session” In today’s trading session, the NEPSE index showed a significant gain of 47.07 points or 2.24% compared to the previous trading day’s closing. This follows a surge of 12.16 points experienced in the index yesterday. The trading day began with the index
NEPSE NEWS
NEPSE Index Closes at 2,097.09, Recording Gain of 12.16 Points on Last Trading Day of Fiscal Year 2079/80
The fiscal year 2079/80 concluded with the NEPSE Index closing at 2,097.09 on the last trading day. This marked a gain of 12.16 points compared to the previous trading day’s closing value. Throughout the fiscal year, the NEPSE index exhibited volatility, as it rebounded by 281.95 points from a recent low of 1,815.14 to its