Today 26th Baishakh, 2081 is the last chance to get the 25.0526% dividend offered by Sun Nepal Life Insurance Company Limited (SNLI). On 9th Jestha, 2081, the company held its seventh AGM at Amritbhog Catering, Kalikasthan, Kathmandu, starting at 10:00 AM. The agenda included approving a 25.0526% dividend for the fiscal year 2079–2080, along with… Continue reading Deadline to Grab Sun Nepal Life Insurance’s Proposed Dividend
Author: Kamal
IGI Prudential Insurance’s Third-Quarter Financial Report: Surge in Profit and Strong Performance
IGI Prudential Insurance Limited (IGI) shared its third-quarter financial report for the fiscal year 2080/2081, showing a big increase in profit. Their net profit grew by 181.04% to Rs. 46.76 crores from Rs. 16.63 crores in the same quarter last year. The company has a paid-up capital of Rs. 3.02 Arba and huge reserves, including… Continue reading IGI Prudential Insurance’s Third-Quarter Financial Report: Surge in Profit and Strong Performance
Why did NEPSE stopped the share trading of Citizen Life Insurance Company?
NEPSE stopped the share trading of Citizen Life Insurance Company in the secondary market temporarily, stating that the company damaged Nepal’s stock market reputation. Citizen Life declared dividends on Monday, Bishakh 24, 2081, but the Insurance Authority ordered to cancel them. The company notified NEPSE that the announced dividends were canceled. On the other hand,… Continue reading Why did NEPSE stopped the share trading of Citizen Life Insurance Company?
Why has NEPSE closed the TMS of Broker No. 92?
NEPSE has closed the TMS of Broker No. 92 i.e. Roadshow Securities, which is also a new broker company. The broker company’s TMS (Trade Management System) has been closed due to non-payment of monthly technical fees. Investors who have been using this broker’s platform are restricted from using it after the company’s TMS closes and… Continue reading Why has NEPSE closed the TMS of Broker No. 92?
What is the secondary market?
The secondary market, often called the aftermarket, is a vital component of the financial ecosystem where investors buy and sell existing securities. Unlike the primary market, where securities are issued and sold for the first time, the secondary market allows the trading of already issued shares among investors. As of January 2024, the market capitalization… Continue reading What is the secondary market?
IME Life Insurance the Adjusts Dividend Distribution: Key Updates for Fiscal Year 2079/80
IME Life Insurance the Adjusts Dividend Distribution percentage for the fiscal year 2079/80, moving it from 34.5% to 26.3158%. Previously, the company planned to use the paid-up capital of Rs. 13.20 Crores to propose a 9.5% cash dividend (including for tax considerations) and 25% bonus shares worth Rs. 1 Arba. Distribution of the dividend was… Continue reading IME Life Insurance the Adjusts Dividend Distribution: Key Updates for Fiscal Year 2079/80
World Bank Extends Rs. 13.33 Billion Concessional Loan to Nepal Government
Nepal’s government decided to get a special loan of Rs. 13.33 billion from the World Bank to help with different projects. They made this decision during a meeting last Wednesday. Around $100 million loan is for developmental initiatives assisting Nepal to grow. They told everyone about this decision during a news conference by the Ministry… Continue reading World Bank Extends Rs. 13.33 Billion Concessional Loan to Nepal Government
What is the Primary Market?
The primary market is your gateway to the stock market. The primary market allows you to apply for new shares of a listed company for the first time. Investing in the stock market can seem difficult, especially for beginners. However, understanding the primary share market is essential for investing in stocks. Investing in the primary share… Continue reading What is the Primary Market?
What are the benefits of owning a share?
Many people are excited about investing in the shares market and enjoy the benefits of owning a share. You might also have thought about investing in stocks but haven’t done it because you’re not sure what you’ll get back and make a profit or not. Investing in stocks comes with risks but it can be… Continue reading What are the benefits of owning a share?
Aatmanirbhar Laghubitta Reports Net Profit Decline By 71.52% Fiscal Year 2080/81
Aatmanirbhar Laghubitta Bittiya Sanstha Limited (ANLB) has recently shared its financial report for the third quarter of 2080/81. The company’s profit decreased by 71.52%, with a net profit of Rs. 1.27 Crores compared to Rs. 4.46 crores last year. Deposits stayed steady at Rs. 84.57 Crores, while loans increased to Rs. 1.46 Arba. However, their… Continue reading Aatmanirbhar Laghubitta Reports Net Profit Decline By 71.52% Fiscal Year 2080/81