NPR 211.10
-0.90 (-0.42%)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.
Before Dashain, NEPSE closed at 2634.17 points, with investor focus shifting towards stocks trading below Rs…Before Dashain, NEPSE closed at 2634.17 points, with investor focus shifting towards stocks trading below Rs 300. The report details market prices, 52-week highs and lows, and market capitalization for various hydropower and commercial bank stocks such as Rasuwagadhi Hydropower, Prabhu Bank, and Upper Tamakoshi Hydropower among others.
Promoter shareholders of Emerging Nepal Limited, Kalinchwok Darshan Limited, Modi Energy Limited, and Upper…Promoter shareholders of Emerging Nepal Limited, Kalinchwok Darshan Limited, Modi Energy Limited, and Upper Hewakhola Hydropower Limited are preparing to sell nearly 4 million locked-in shares in the secondary market following SEBON's 15-day advance notice rule for major shareholders holding 5 percent or more shares to sell their holdings within three months, raising concerns among retail investors about heavy market supply and corporate governance issues amid the mass exit of promoters seeking to secure their profits and exit the companies. Act now as supply surges on the secondary market for these securities following the lock-in expiry and regulatory filings at NEPSE starting from Asoj 7 and extending through mid-Asoj 2083/84 depending on the company disclosures reported in the article text. Act now as supply surges on the secondary market for these securities following the lock-in expiry and regulatory filings at NEPSE starting from Asoj 7 and extending through mid-Asoj 2083/84 depending on the company disclosures reported in the article text.
During the trading week, NEPSE fell by about 1 percent with market capitalization dropping to Rs 4,504…During the trading week, NEPSE fell by about 1 percent with market capitalization dropping to Rs 4,504 billion, while average daily turnover increased to Rs 4.49 billion. Bonus and rights shares of companies including Salt Trading Corporation, Sanima GIC Insurance, and United Ajod Insurance were listed.
NEPSE fell by nearly 1.5 percent over the week, closing with a market capitalization of Rs 45.54 trillion…NEPSE fell by nearly 1.5 percent over the week, closing with a market capitalization of Rs 45.54 trillion, while hydropower and trading sub-indices rose as manufacturing and processing declined the most.
An analysis of listed single-project hydropower companies reveals that most lack sufficient cash flows to…An analysis of listed single-project hydropower companies reveals that most lack sufficient cash flows to offer adequate dividend returns relative to market risks without capital gains.
Dr. Gopal Prasad Bhatta has been appointed as the chairman of SEBON with his tenure lasting until Mangsir 9…Dr. Gopal Prasad Bhatta has been appointed as the chairman of SEBON with his tenure lasting until Mangsir 9, 2085. Meanwhile, SEBON's pipeline includes massive volumes of pending public issuances, including rights shares and FPOs from numerous listed companies.
The delay in appointing a permanent chairman at SEBON has left nearly Rs 100 billion worth of public share…The delay in appointing a permanent chairman at SEBON has left nearly Rs 100 billion worth of public share issuances, including IPOs, FPOs, and rights shares, in limbo.
Data from SEBON for fiscal year 2082/83 shows numerous companies across various sectors awaiting or having…Data from SEBON for fiscal year 2082/83 shows numerous companies across various sectors awaiting or having recently secured approval for rights issue fundraising initiatives totaling billions of rupees.
The NEPSE index logged a small gain with a total transaction amount of Rs 3.09 billion across 338 stocks…The NEPSE index logged a small gain with a total transaction amount of Rs 3.09 billion across 338 stocks, while various stocks experienced notable price movements.
Modi Energy has announced that the lock-in period for 2,26,30,460 shares across various groups will end on…Modi Energy has announced that the lock-in period for 2,26,30,460 shares across various groups will end on Baisakh 30, after which they can be traded.
Modi Energy Limited reported a net loss of Rs 62.4 million for the second quarter of the current fiscal year…Modi Energy Limited reported a net loss of Rs 62.4 million for the second quarter of the current fiscal year, with electricity sales revenue decreasing to Rs 220.8 million.
Modi Energy Limited received approval to issue 1:0.90029 right shares after obtaining approval from the…Modi Energy Limited received approval to issue 1:0.90029 right shares after obtaining approval from the Electricity Regulatory Commission.
Modi Energy Limited has received pre-approval from the Department of Electricity Development to issue rights…Modi Energy Limited has received pre-approval from the Department of Electricity Development to issue rights shares in the ratio of 1:0.90029 based on its current paid-up capital of Rs 2.9 billion.
Modi Energy Limited has received pre-approval from the Department of Electricity Development to issue rights…Modi Energy Limited has received pre-approval from the Department of Electricity Development to issue rights shares in the ratio of 1:0.90029.
Modi Energy Limited reported a net loss of Rs 31.1 million for the review period, with a paid-up capital of Rs…Modi Energy Limited reported a net loss of Rs 31.1 million for the review period, with a paid-up capital of Rs 2.90 billion.
Modi Energy published its first-quarter financial report for FY 2082/83, reporting a net loss of Rs 31.1…Modi Energy published its first-quarter financial report for FY 2082/83, reporting a net loss of Rs 31.1 million due to a decline in electricity sales revenue. EPS was negative at Rs 5.68.
Modi Energy Limited reported a net loss of Rs 31.1 million for the current fiscal year up to Ashoj end…Modi Energy Limited reported a net loss of Rs 31.1 million for the current fiscal year up to Ashoj end, compared to a loss of Rs 13.1 million in the same period last year.
Modi Energy has set Ashad 12 as the book close date for its upcoming 1:1 rights issue, with an SGM scheduled…Modi Energy has set Ashad 12 as the book close date for its upcoming 1:1 rights issue, with an SGM scheduled for Ashad 19, 2081.
NEPSE fell by 3.90 points to close at 2,654, with a total turnover of Rs 7.65 billion. Microfinance and…NEPSE fell by 3.90 points to close at 2,654, with a total turnover of Rs 7.65 billion. Microfinance and hydropower sectors saw gains while most other sectors declined.