NPR 272.00
-5.10 (-1.84%)Following recent market gains, the NEPSE index closed at 2,690.15. Only three companies are currently trading…Following recent market gains, the NEPSE index closed at 2,690.15. Only three companies are currently trading below Rs 200: Rasuwagadhi Hydropower, Prabhu Bank, and Upper Tamakoshi Hydropower, while 41 companies are trading below Rs 300.
NEPSE surged by 48.57 points to close at 2,633.62 with a total turnover exceeding Rs 8.29 billion. Dhaulagiri…NEPSE surged by 48.57 points to close at 2,633.62 with a total turnover exceeding Rs 8.29 billion. Dhaulagiri Laghubitta led the gainers with a 14.96% increase, while Reliance Spinning Mills recorded the highest turnover at over Rs 327 million on Bhadra 30.
Finance companies registered an average non-performing loan ratio of 7.66 percent, with total deposits…Finance companies registered an average non-performing loan ratio of 7.66 percent, with total deposits reaching Rs 142.84 billion and loans at Rs 107.36 billion by Ashad end.
The NEPSE index fell 15.43 points to close at 2545.40 on Wednesday, though total turnover increased to Rs 4.19…The NEPSE index fell 15.43 points to close at 2545.40 on Wednesday, though total turnover increased to Rs 4.19 billion.
On Monday, the NEPSE index rose by 18.07 points to close at 2,560.84 points with a total turnover of Rs 3.83…On Monday, the NEPSE index rose by 18.07 points to close at 2,560.84 points with a total turnover of Rs 3.83 billion.
On Monday, the NEPSE index increased by 18.07 points to close at 2,560.84, with a total turnover of Rs 3.83…On Monday, the NEPSE index increased by 18.07 points to close at 2,560.84, with a total turnover of Rs 3.83 billion from 9.29 million shares traded.
Muktinath Bikas Bank signed an initial acquisition agreement with Janaki Finance and Sindhu Bikash Bank…Muktinath Bikas Bank signed an initial acquisition agreement with Janaki Finance and Sindhu Bikash Bank, following which their share trading has been suspended.
Finance companies earned a total net profit of over Rs 70.4 million in the first nine months of the current…Finance companies earned a total net profit of over Rs 70.4 million in the first nine months of the current fiscal year, representing a 271.22 percent increase compared to the same period last year.
Janaki Finance Company has reappointed Dinesh Kumar Sharma as its Chief Executive Officer for a second…Janaki Finance Company has reappointed Dinesh Kumar Sharma as its Chief Executive Officer for a second four-year term, effective from Phalgun 29.
Janaki Finance Company Limited reported a net loss of Rs 24.2 million for the second quarter of fiscal year…Janaki Finance Company Limited reported a net loss of Rs 24.2 million for the second quarter of fiscal year 2082/83, alongside severe capital erosion and a non-performing loan ratio of 55.26 percent. Dinesh Sharma has been reappointed as CEO for a four-year term to navigate the crisis.
Finance companies have published their second-quarter financial reports, showing varying net profits and…Finance companies have published their second-quarter financial reports, showing varying net profits and non-performing loans up to 55.26 percent.
Listed finance companies reported improved profits for the second quarter, with total net profit reaching Rs…Listed finance companies reported improved profits for the second quarter, with total net profit reaching Rs 327.7 million. Manjushree Finance recorded the highest profit at Rs 135.3 million.
Fifteen finance companies recorded a combined net profit of Rs 532 million in the review period, with Pokhara…Fifteen finance companies recorded a combined net profit of Rs 532 million in the review period, with Pokhara Finance reporting the highest net profit.
Fourteen finance companies published their first-quarter financial reports, showing mixed results with several…Fourteen finance companies published their first-quarter financial reports, showing mixed results with several reporting net losses and high non-performing loans.
Banking associations have demanded security for bank employees after a Janaki Finance staff member was…Banking associations have demanded security for bank employees after a Janaki Finance staff member was assaulted by a ward chairman during a debt recovery process.
Ten listed companies including Balephi Hydropower and Life Insurance Corporation Nepal experienced significant…Ten listed companies including Balephi Hydropower and Life Insurance Corporation Nepal experienced significant share price declines over the past year amid market volatility and weak financial indicators.
NEPSE rose by 25.07 points to close at 2,678.17 on Tuesday with a total turnover of Rs 10.16 billion across…NEPSE rose by 25.07 points to close at 2,678.17 on Tuesday with a total turnover of Rs 10.16 billion across 311 companies, while HIDCL recorded the highest turnover at Rs 584.9 million and Pure Energy along with Shree Investment and Finance gained the most at 9.99%.arket_summary
Nepal Rastra Bank took regulatory actions against several development banks and finance companies, including…Nepal Rastra Bank took regulatory actions against several development banks and finance companies, including Narayani Development Bank, Pokhara Finance, and Janaki Finance, for failing to meet capital adequacy ratios and regulatory compliance, despite their high secondary market stock prices.
Finance companies reported a rise in average non-performing loans to 13.09 percent by the third quarter, with…Finance companies reported a rise in average non-performing loans to 13.09 percent by the third quarter, with total profits dropping to Rs 189.6 million.
Nepal Rastra Bank has taken action against three development banks—Muktinath Bikas Bank, Narayani Development…Nepal Rastra Bank has taken action against three development banks—Muktinath Bikas Bank, Narayani Development Bank, and Salapa Bikas Bank—along with two finance companies, Pokhara Finance and Janaki Finance, for regulatory non-compliance.