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Mithila Laghubitta Bittiya Sanstha Limited Reports Q2 Net Profit Decline of 38.73%, Reveals Financial Snapshot 1
Business | Market | Economy

Mithila Laghubitta Bittiya Sanstha Limited Reports Q2 Net Profit Decline of 38.73%, Reveals Financial Snapshot

Mithila Laghubitta Bittiya Sanstha Limited (MLBBL) has recently released its financial report for the second quarter of the fiscal year 2080/81. The company disclosed a net profit of Rs. 1.33 Crore during this quarter, indicating a decline of 38.73% from the Rs. 2.17 Crores reported in the same quarter of the previous fiscal year. MLBBL’s […]

Kumari Bank Introduces 'Kumari Sabal Yojana': 8.5 Crore Units Mutual Fund Scheme for Public Subscription from 28th 3
Business | Market | Economy

Kumari Bank Introduces ‘Kumari Sabal Yojana’: 8.5 Crore Units Mutual Fund Scheme for Public Subscription from 28th

  Embarking on a new investment avenue, Kumari Capital Limited introduces the closed-end mutual fund scheme, “Kumari Sabal Yojana,” through its recently published offer letter. Opening on the 28th of Magh and closing on the 2nd of Falgun, 2080, this opportunity presents investors with a chance to subscribe to 8.5 crore units, collectively valued at

HIDCL Achieves Remarkable Milestone with 11.47% Surge in Q2 FY 2080/81 Net Profit, Reaching Rs. 75.27 Crore; EPS Soars to Rs. 6.61 7
Business | Market | Economy

HIDCL Achieves Remarkable Milestone with 11.47% Surge in Q2 FY 2080/81 Net Profit, Reaching Rs. 75.27 Crore; EPS Soars to Rs. 6.61

  Hydroelectricity Investment and Development Company Limited (HIDCL) reveals a robust financial performance in its recently released unaudited quarterly report for the second quarter of fiscal year 2080/81. Demonstrating an impressive 11.47% increase in net profit, the company achieved a milestone of Rs. 75.27 Crore compared to the previous year’s Rs. 67.52 Crore. With a

MBL Promoter Shares Auction Launched 11
Business | Market | Economy

MBL Promoter Shares Auction Launched

Surendra Mahato has initiated the auction of 1,12,32,492 units of promoter shares from Machhapuchchhre Bank Limited (MBL). The auction period spans from the 5th to the 15th of Magh, 2080. A total of 1,12,32,492 promoter shares of MBL are up for auction, open to interested shareholders, including the general public and institutions. The auction allows

SEBON Approves Singati Hydro Energy's Rs. 1.45 Arba Rights Offering for Expansion and Debt Clearance 17
Business | Market | Economy, Dividend

SEBON Approves Singati Hydro Energy’s Rs. 1.45 Arba Rights Offering for Expansion and Debt Clearance

The Securities Board of Nepal (SEBON) has granted approval to the rights offering proposal submitted by Singati Hydro Energy Limited (SHEL) on Poush 11, 2080. Under this approved plan, the company is set to issue 100% right shares valued at Rs. 1.45 Arba. This issuance will involve the distribution of 14,500,000 (1:1) units of right

Prabhu Mahalaxmi Life Insurance Shares Listed on NEPSE Following Successful Merger 21
NEPSE NEWS

Prabhu Mahalaxmi Life Insurance Shares Listed on NEPSE Following Successful Merger

Following the successful merger between Prabhu Life Insurance Limited (PLI) and Mahalaxmi Life Insurance Company Limited, a total of 4,29,60,000 shares of the newly formed entity, Prabhu Mahalaxmi Life Insurance Limited (PMLI), have now been officially listed on the Nepal Stock Exchange (NEPSE). This significant development, sanctioned by regulatory authorities and in compliance with the

Himalayan Distillery Limited Reports 51.24% Drop in Q1 Net Profit, Reveals Financial Performance for FY 2080/81 25
Business | Market | Economy

Himalayan Distillery Limited Reports 51.24% Drop in Q1 Net Profit, Reveals Financial Performance for FY 2080/81

In the recently released financial report for the first quarter of fiscal year 2080/81, Himalayan Distillery Limited (HDL) revealed a substantial 51.24% decline in net profit, dropping to Rs 10.51 crore from Rs 21.5 crore in the corresponding quarter of FY 2079/80. The company faced a notable downturn in revenue, experiencing a 29.70% decrease to

1.12 Crore Promoter Shares of Machhapuchchhre Bank Up for Auction Today 29
Business | Market | Economy

1.12 Crore Promoter Shares of Machhapuchchhre Bank Up for Auction Today

  The current promoters of Machhapuchchhre Bank Limited (MBL) are conducting an auction for 1,12,32,492 units of their shares, exclusively available to other promoter shareholders. The bidding window will remain open for 35 days from the notice publication date, which is the 25th of Ashwin, 2080. Interested shareholders can place their bids at Machhapuchchhre Capital

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