Kathmandu. The average price earning ratio (PE ratio) of commercial banks is less than 15 times. Based on the earnings per share of the last financial year published by the banks and the price on Thursday, the price earnings ratio of most of the commercial...
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Kathmandu. Nepal Life Insurance (NLIC) has published unrefined financial statements for the fourth quarter of last financial year. According to the details, the insurance has suffered a loss during that period. During that period, insurance has incurred a loss of Rs 35 crore 27 lakh....
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Kathmandu. The share price of United Modi Hydropower Limited (UMHL) has decreased by Rs 23 10 paise this week. The shares of this company, which last traded at 313 rupees last week, were last traded at 289 rupees 90 paisa this week. According to...
Read MoreKathmandu. Shares of Riddy Power Company Limited (RIDI) are listed on Nepal Stock Exchange (NEPSE). After the merger between Savik's Reddy Hydropower Development Company and Rairang Hydropower Development Company, the remaining shares have been listed in NEPSE.1 crore 10 lakh...
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Kathmandu. The Nepal Securities Board has now prepared a draft of the guidelines to stop the share trading of companies going for merger and acquisition for 15 days only.The Securities Board is preparing the draft of Share Trading Guideline 1079...
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Kathmandu. The Securities Board has published a draft of the guidelines that will suspend the share trading of companies going for mergers and acquisitions for 15 days only. In the guidelines published by the Securities Board, it is mentioned that share trading will be opened...
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Kathmandu. Prabhu Bank has promoted 1000 employees. 1000 employees including Dinesh Thakali and Renuprasad Pandey have been promoted to higher management i.e. executive level. Thakali, who was previously Assistant General Manager, has been promoted one level and made Deputy General Manager. Similarly, Renu Pandey, who...
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Kathmandu. The annual general meeting of Himalayan Bank decided not to go for the merger and the merger process was delayed. After the merger, both banks are looking for new partners. Nepal Investment Bank is in the process of merger with Mega Bank, while Himalayan...
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Kathmandu. NIC Asia Bank has maintained its ability to provide high returns as in the previous year. Among the commercial banks, NIC has been able to give the highest return of 21.94 percent. This is seen in the data provided by the Nepal Bankers Association...
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Kathmandu. Prime Commercial has come forward in the commercial bank which distributed the most bonus from the profit of the last financial year 2078/79. This bank, which gives an average salary to its employees, has been seen as a bank that gives high bonuses for...
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Kathmandu. As the spread of Corona virus increases, the number of deaths has also started to increase. In the last 24 hours, 5 people have died due to corona infection. Similarly, corona infection has been confirmed in another 815 people. According to the Ministry of...
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Kathmandu. Seven hydropower companies have released their annual financial statements for the financial year 2078/79. Sanima My Hydropower, Mountain Energy Nepal, National Hydropower, Panchthar Power, Ankhukhola Hydropower Project, Himal Dolakha Hydropower and Divyaswari Hydropower are among those who have published the details.
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Kathmandu. Seven hydropower companies have released their annual financial statements for the financial year 2078/79. According to the provision that listed companies must publish their details within one month of the end of the financial year, out of 32 companies, that number of companies have...
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Kathmandu. Himalayan Bank and American Express have launched two new cards for their local customers in Nepal namely Himalayan Bank American Express Credit Card and Himalayan Bank American Express Prepaid Card. The Himalayan Bank American Express Credit Card will be issued especially to the buyers...
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Kathmandu. Bonus shares of Himalayan Bank have been listed in Nepal Stock Exchange (NEPSE). On Wednesday, 2 crore 28 lakh 43 thousand 248.97 bonus shares of the bank were listed.The bank had distributed 21.38 percent bonus shares to the shareholders...
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