Last Chance Alert: Apply for Tehrathum Power Company Limited’s Right Issue Today! Investing in the Nepali Stock Market? Don’t miss out on this opportunity! Today is the final day to apply for the right issue of Tehrathum Power Company Limited (TPCL). This is your last chance to participate in the right share offering and potentially […]
Are you an investor looking to expand your portfolio in the Nepalese stock market? Don’t miss out on this crucial opportunity! The deadline for applying for the right shares of two prominent hydropower companies is fast approaching. This is your chance to secure more shares and potentially increase your investment returns! People’s Power Limited (PPL)
Dordi Khola Hydropower Auction Share Allocation Results Announced! Cut Off Price Revealed! Dordi Khola Jalbidhyut Company Limited has finalized the share allocation for its second auction of unsubscribed rights shares. Investors and share market enthusiasts, take note! The company initially offered 10,542,604 units of rights shares. After the first auction, a total of 1,946,676 shares
NEPSE Index Climbs Again: Nepal Stock Market Shows Resilience! Hello stock market enthusiasts! Today, we’re diving deep into the latest NEPSE market update from Kathmandu, Nepal. It’s been another interesting day in the Nepali share market, with the NEPSE index showing continued strength despite some intraday volatility. Let’s break down the details of the stock
Chyangdi Hydropower Share Alert: Your Chance to Invest! Are you looking for investment opportunities in the Nepali stock market? Here’s some exciting financial news! Starting from July 14th, the general public can buy shares of Chyangdi Hydropower for just Rs 100 per share! This is a fantastic chance to get involved in hydroelectric power and
Share Market Shock: Investor Dipendra Agrawal Arrested in Fraud Case Breaking news from the Nepalese share market: Dipendra Agrawal, a prominent share investor from the Tokha area of Kathmandu, has been arrested by the police. The charges? Financial fraud, with accusations of defrauding investors of a staggering Rs. 22 crore. This is a developing story
Auction for the unclaimed portion of Arun Valley Hydropower Development Company Limited’s (AHPC) right shares commences today, on the 10th of Baisakh, 2081, and will run until the 24th of Baisakh, 2081. A total of 19,92,134 units of ordinary right shares will be up for auction, representing the unclaimed segment of the rights offering. AHPC had issued a 1:1 ratio right share from the 17th of Falgun to the 7th of Chaitra, 2080. Among the total right shares issued, only 1,66,87,492 (89.34%) units were allotted to eligible shareholders, leaving 10.66% unclaimed by eligible investors. Consequently, the same 19,92,134 units of […]
Nepal’s trade dynamics in the initial nine months of fiscal year 2080/81 reveal alarming patterns, raising concerns about the nation’s economic outlook. The trade deficit, representing the variance between imports and exports, has expanded by approximately 2.75 percent during this period, indicating a growing disparity between import costs and export values, posing significant challenges to Nepal’s economic stability. Imports Imports in the first nine months of the fiscal year witnessed a noticeable decline of around 2.84 percent, totaling approximately Rs. 11.67 Kharba. In comparison, the corresponding period in the previous year saw imports amounting to goods worth Rs. 12.01 Kharba. […]
The Nepal Stock Exchange (NEPSE) Index marked a modest gain of 0.62%, adding 12.29 points to settle at 1,984.43 points by the closing bell today, bouncing back from the previous session’s loss of 19.56 points. Commencing at 1,972.92, the trading day displayed fluctuations, hitting an intraday high of 1,984.46 before sliding to an intraday low of 1,953.29. In a vibrant trading atmosphere, 310 different stocks were traded in 47,117 transactions. The total share volume amounted to 6,393,245, reflecting a total turnover of Rs. 2.25 Arba. Market capitalization wrapped up at Rs. 31.46 Kharba, with a float market capitalization of Rs. […]
Today, the price of the precious yellow metal has soared by Rs. 700 per tola compared to yesterday’s trading figures, according to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). The current rate for fine gold stands at Rs. 1,37,500 per tola, marking a notable increase from yesterday’s trading rate of Rs. 1,36,800 per tola. Similarly, Tejabi gold is now priced at Rs. 1,36,850 per tola, indicating a Rs. 700 surge from yesterday’s price of Rs. 1,36,150 per tola. April 12th, 2024, saw a historic peak for fine gold, hitting an all-time high of Rs. 1,39,000 per tola. […]
In the most recent financial update, twenty commercial banks have announced revisions to their interest rates for the month of Baisakh. Interestingly, a majority of these banks, totaling 13, have opted to decrease their interest rates. However, notable exceptions to this trend include NMB Bank (NMB) and Everest Bank (EBL), which have instead chosen to
As Nepal eagerly awaits the arrival of New Year 2081, Garima Bikas Bank Limited (GBBL) delights its customers with a special cashback scheme, promising enticing rewards for debit and credit card users. With the aim of promoting cashless transactions and enhancing customer satisfaction, GBBL introduces a generous cashback offer of 20.81%, allowing users to earn
As the New Year 2081 dawns upon us, FD Motors extends warm wishes to all Nepalis, spreading joy, peace, and prosperity worldwide. To mark this auspicious occasion, FD Motors is delighted to announce an exclusive offer for its esteemed customers, providing an exciting opportunity to own the highly acclaimed F5 A Pro scooter. This special
Ridi Power Company Limited (RIDI) has initiated the auction of the unclaimed portion of its right shares starting from the 29th of Chaitra, 2080, with the auction set to conclude on the 9th of Baisakh, 2081. The company aims to sell 11,35,657 units of ordinary right shares, representing the unclaimed segment from its recent rights
Arun Valley Hydropower Development Company Limited (AHPC) recently completed the allotment of its right shares at a 1:1 ratio on the 27th of Chaitra, 2080. Following the allotment process, shares were distributed to eligible applicants, while those who were not allotted shares will receive their refunds starting from the 30th of Chaitra, 2080. During the
