Laxmi Techno Plast Limited, a renowned player in the plastic products and furniture industry, has officially announced the eagerly awaited 7th Annual General Meeting (AGM). This AGM is scheduled to take place on the 11th of Mangsir, 2080, at the company’s headquarters in Hetauda, Makwanpur, with a prompt start time of 11:00 AM. The central […]
In today’s trading session on the Nepal Stock Exchange (NEPSE), the NEPSE Index showed a positive performance, gaining 21.30 points or 1.16% compared to the previous day’s closing. The index closed at 1,847.54 points, which was a welcome turnaround from the 21.46-point decline experienced in the previous trading session. The trading day began with the
Nabil Bank Limited (NABIL) has unveiled its comprehensive financial report for the initial quarter of the fiscal year 2080/81, offering valuable insights into the bank’s performance. During this quarterly review, the bank reported a 6.51% reduction in its net profit. Net profit decreased from NPR 1.57 Arba in the first quarter of FY 2079/80 to
Nepal Investment Mega Bank Limited (NIMB) has recently unveiled its first-quarter report for the fiscal year 2080/81, demonstrating a remarkable 33.47% surge in its net profit. The bank’s profit soared to NPR 1.52 Arba during this period, indicating a positive trend in its financial performance. In terms of financial standing, the same period disclosed a
The IPO (Initial Public Offering) of Hotel Forest Inn Ltd. is currently in the approval process within the IPO pipeline of the Securities Board of Nepal (SEBON). Hotel Forest Inn Ltd. has presented a proposal to the regulatory body of the capital market, seeking permission to issue 9,800,000 shares as part of their IPO. This
The current owner of Kumari Bank Limited (KBL) is initiating an auction for the sale of 100,000 units of shares exclusively to its existing promoter shareholders. Durga Prasad Pandey, a promoter of KBL, is the seller, and he is offering these 100,000 promoter shares for auction. Interested parties are invited to participate in this auction,
The price of gold, a highly valued precious metal, has witnessed a notable increase of Rs. 700 per tola compared to the trading price recorded on Wednesday. The Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA) reported today that fine gold is currently being traded at Rs. 1,15,700 per tola, marking a Rs. 700
The IPO allotment of Chirkhwa Hydro Power Limited has been successfully concluded at the offices of the issue manager, RBB Merchant Banking Limited in Kathmandu. Chirkhwa Hydro Power Limited had initially issued 8,59,300 unit IPO shares at a par value of Rs 100 for the general public from the 23rd to the 26th of Ashwin,
The Nepal Stock Exchange (NEPSE) Index concluded at 1,847.70 points, recording a loss of 10.86 points, which represents a 0.58% decrease compared to the previous day’s closing. It’s worth noting that this market performance marks a substantial downturn, with the index closing at its lowest point in the past six months. This level was last
During the initial quarter of the current fiscal year, Nepal’s stock market saw a notable increase in over-the-counter (OTC) trading activity, registering a turnover of Rs. 1.71 Arba. What sets this OTC market apart is that a significant portion of these traded shares, approximately 36,721,120, belonged to companies not listed on the Nepal Stock Exchange
The price of gold has seen a significant drop today, declining by Rs. 1,000 per tola. As reported on the official website of the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is currently being traded at Rs. 1,15,000 per tola, marking a decrease from the previous day when it stood at Rs.
The “Citizens Super 30 Mutual Fund (C30MF),” a closed-end fund with a 10-year maturity, has released its Net Asset Value (NAV) report for the month of Ashwin. The NAV in Ashwin stands at Rs. 10.02, a decrease from Rs. 10.25 a month ago. The fund’s total size is Rs. 75.07 Crores, with investments of Rs.
The current promoter of Lumbini Bikas Bank Limited (LBBL) is initiating an auction for 37,319 units of shares to be exclusively offered to existing promoter shareholders, starting from today. Manlaxmi Thapa, a promoter of LBBL, is overseeing the sale of these 37,319 units of promoter shares to fellow existing promoter shareholders. Interested individuals are invited
Over the past two months, the Kathmandu Metropolitan City (KMC) has amassed a revenue of Rs 1.17 billion, marking a significant increase of nearly Rs 230 million compared to the same period in the previous fiscal year. During the corresponding timeframe last year, KMC had collected Rs 934.1 million in revenue. The notable surge in
The Nepal Stock Exchange (NEPSE) Index concluded at 1,858.56 points, registering a slight loss of 5.83 points or 0.31% compared to the previous day’s closing. Notably, the index had experienced a more significant drop of 14.29 points during the last trading session. The day’s trading activities commenced with the index opening at 1,864.19, reaching an
