Profit

Dhaulagiri Laghubitta Bittiya Sanstha Cancels Dividend for FY 2079/80 1
Dividend

Dhaulagiri Laghubitta Bittiya Sanstha Cancels Dividend for FY 2079/80

  Dhaulagiri Laghubitta Bittiya Sanstha Limited (DLBS) has recently declared the cancellation of dividend distribution for the Fiscal Year 2079/80. Initially, during the 8th board of directors meeting on Kartik 22, the company had proposed a distribution plan of 14.25% bonus shares and 0.25% cash dividend (for tax purposes) from the paid-up capital, which amounted […]

Gold Prices Drop by Rs. 1,000 in 3 Days in Nepal 5
Gold | Silver | Forex

Gold Prices Drop by Rs. 1,000 in 3 Days in Nepal

Over the span of three days, the price of gold in Nepal has observed a notable decline, amounting to Rs. 1,000 per tola. The Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA) reports that the current trading rate for fine gold is Rs. 1,18,500 per tola. This marks a decrease of Rs. 100 from

NEPSE Index Records Increment, Reaching 2,089.62 Points. 9
NEPSE NEWS

NEPSE Index Records Increment, Reaching 2,089.62 Points.

The Nepal Stock Exchange (NEPSE) Index recorded a gain of 9.50 points, equivalent to 0.45%, compared to the previous day’s closing, concluding at 2,089.62 points. This follows the previous trading day, which witnessed a notable gain of 20.62 points for the index. The market commenced today with an opening index of 2,084.59, hitting an intraday

Sanima Bank Lists 1,12,14,103.55 Units of Bonus Shares on NEPSE 11
NEPSE NEWS

Sanima Bank Lists 1,12,14,103.55 Units of Bonus Shares on NEPSE

Sanima Bank Limited (SANIMA) has successfully listed 1,12,14,103.55 units of bonus shares on the Nepal Stock Exchange (NEPSE). This follows the company’s 19th Annual General Meeting (AGM) held on 2nd Kartik, 2080, where a dividend of 14.7% for the fiscal year 2079/80 was endorsed. The proposed dividend included 9% bonus shares and a 5.7% cash

Upper Tamakoshi Hydropower Limited Initiates Auction for Unclaimed Right Shares 13
Dividend, Business | Market | Economy

Upper Tamakoshi Hydropower Limited Initiates Auction for Unclaimed Right Shares

Upper Tamakoshi Hydropower Limited (UPPER) is currently conducting an auction for its unclaimed right shares, which commenced on the 13th of Poush and is scheduled to conclude on the 29th of Poush, 2080. The auction involves 1,70,19,530 units of ordinary right shares, representing the remaining portion of the rights offering issued by the company. The

Vishal Group Limited Initiates Auction of 15,00,000 Promoter Shares of Nepal Reinsurance Company Limited (NRIC) with NIC Asia Capital as Auction Manager 17
Business | Market | Economy

Vishal Group Limited Initiates Auction of 15,00,000 Promoter Shares of Nepal Reinsurance Company Limited (NRIC) with NIC Asia Capital as Auction Manager

Vishal Group Limited has initiated the auction of 15,00,000 units of promoter shares belonging to Nepal Reinsurance Company Limited (NRIC). The auction, which commenced today on the 24th of Poush, is set to continue until the 29th of Magh, 2080. The auction specifically involves 15,00,000 units of promoter shares from Nepal Reinsurance Company Limited, and

NMB Bank and HIDCL to Invest 7.40 Arba Rupees in Upper Modi A Hydropower Project 21
Business | Market | Economy

NMB Bank and HIDCL to Invest 7.40 Arba Rupees in Upper Modi A Hydropower Project

NMB Bank and the Hydroelectricity Investment and Development (HIDCL) Company have jointly committed a substantial investment of 7.40 Arba rupees towards the Upper Modi A hydropower project. In this collaboration, NMB Bank will contribute 4.40 Arba rupees, while HIDCL will invest 3 Arba rupees. The signing of a tripartite loan agreement formalized this partnership, witnessed

NEPSE Index Gains 1.00%, Led by Strong Performances in Various Sectors 23
NEPSE NEWS

NEPSE Index Gains 1.00%, Led by Strong Performances in Various Sectors

The Nepal Stock Exchange (NEPSE) Index displayed a positive trend, registering a gain of 20.62 points or 1.00% compared to the previous day’s closing, concluding at 2,080.12 points. This follows a previous trading day where the index experienced a gain of 36.57 points. The market opened today with the index starting at 2063.56, fluctuating between

NEPSE Index Soars by 1.80% in Today's Trading Session: Highlights of Positive Market Momentum 27
NEPSE NEWS

NEPSE Index Soars by 1.80% in Today’s Trading Session: Highlights of Positive Market Momentum

The Nepal Stock Exchange (NEPSE) Index demonstrated a substantial increase of 36.57 points, equivalent to 1.80%, compared to the previous day’s closing, settling at 2,059.49 points. This positive shift follows a downturn of 26.36 points in the preceding trading session. The day commenced with the index opening at 2025.89, registering an intraday low of 2,025.62,

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