.gif)
- Nepal Reinsurance Company earns Rs 96.63 crore profit in the FY 2074/75; Collects Rs 2.87 arba from premium
- Progressive Finance extends right issue till Ashoj 23; Paid-up capital to reach Rs 80.01 crore after adjustment
- Sayapatri Hydropower to issue IPO soon; To convene 2nd AGM on Ashoj 28
- RMDC Organizes Training on Micro finance Management
- Jyoti Bikas Bank announces AGM with 8.50% cash dividend on Ashoj 29; Book closure from Ashoj 15
- Xiaomi makes stronger presence in Nepali Market with four new smart phones; reaffirms itself as the best value-for-money phone among the competitors
- TVS Motor Company and Jagdamba Motors celebrate 3 years of association; Organise street music festival at Durbar Marg; presence of both Nepali and Indian singing stars enthralled crowd
- Nirdhan Utthan Microfinance conducts 3 day training for commercial farming at rural Mangalsen of Acham
- Nabil Bank Card Customers to get special privileges at Grande International Hospital
- Jagdamba Concrito in Nepalese market
.gif?ver=39)
Featured
ICAN addresses problems related to NFRS; Commercial Banks set to convene AGM
After the problems of the commercial banks regarding the newly applied NFRS system being addressed by the Institution of Chartered Accountants of Nepal (ICAN), the banks have finally found way to decl...
Exclusive News
Just how popular are commercial bank stocks among Investors? Check out last month’s performance exclusively from SS Pro
~Rishab Agrawal In the past month, commercial banks had dominated the turnover and most of the shares traded were those of banks. This is because people feel that the shares of commercial banks are the most reliable and profitable ones, hence the popularity among individual shareholders. To check the performance of banks in the past month on NEPSE, we have used the Stock Screener tool from SS Pro to accumulate the required data and compared listed commercial banks on the basis of change in the price of stock in the past month, high/low of the stock and volatility between them, turnover and volume. The table thus prepared is as follows:...
"Doing business with China was daunting until NMB along with four other banks cracked the deal”; An...
Doing business in China or with China has always been taken as a mystery. The cultural, traditional and language barriers are taken into consideration before any deal is undertaken...
Struggling with the buffering on your screen? So is your internet service provider! - An interview w...
“Internet”: In a globalized village that we live in, this word today has become synonymous to connecting or even linking people. In the country that we live in today, t...
Hotels not only good for accommodation but also for investment; here is listed Hotels’ analysis
~Rishab Agrawal Nepal has been gifted with natural scenic beauty which is a huge tourist attractor. Many tourists visit Nepal for the purpose of exploring the natural beauty of ou...
Vision Securities tops the brokers this week; NIC Asia Bank becomes the most bought & sold stock (Se...
- Amar Nath Shrestha Vision Securities Pvt. Ltd, Broker no. 34 stood on top among the top turnover brokers. It had total turnover of Nrs. 27.91 Crores of which it bought stocks of...
Announcement
- 2018-09-24 Jyoti Bikash Bank Limited has announced its 11th AGM going to be held on 29th Ashwin, 2075.
- 2018-09-24 Union Hydropower Company Limited has allotted its 7,50,000 units IPO shares to the locals of Lamjung and Kaski district on 7th Ashwin, 2075.
- 2018-09-24 Progressive Finance Limited has extended its 1:2.81 ratio 59,01,000 units right share to its shareholders till (23rd Ashwin, 2075).
- 2018-09-24 Nagbeli Laghubitta Bittiya Sanstha Limited has allotted its 1:1 ratio right shares to its shareholders on 5th Ashwin, 2075.
- 2018-09-24 Om Development Bank Limited has published a notice regarding new interest rate and its effective from 8th ashwin, 2075.
- 2018-09-24 Sayapatri Hydropower Limited has announced its 2nd AGM going to be held on 28th Ashwin, 2075.
- 2018-09-23 Nepal Credit and Commerce Bank Limited has extended its 2:1 ratio 2,33,95,291 units right share to its shareholders till (22nd Ashwin, 2075).
- 2018-09-23 Swadeshi Laghubitta Bittiya Sanstha Limited is issuing its 1:1 ratio 11,50,000 units right share to its shareholders from (23rd Ashwin to 26th Kartik, 2075).
- 2018-09-23 Oriental Hotel Limited has amended its 4th quarter report of fiscal year 2074/75.
- 2018-09-23 Jebils Finance Limited has allotted its 10:4 ratio right shares to its shareholders on 1st Ashwin, 2075.
Investment/Existing Issues
| S.No | Company Name | Units | Opening Date | Closing Date | Status | View |
|---|---|---|---|---|---|---|
| 1 | Chautari Laghubitta Bittiya Sanstha Limited | 540,000 | Coming Soon | Coming Soon | Coming Soon | |
| 2 | Kalika Power Company Limited | 1,200,000 | 2018-09-13 | 2018-09-17 | Closed | |
| 3 | Aankhu Khola Hydropower Company Limited | 1,200,000 | Coming Soon | Coming Soon | Coming Soon | |
| 4 | Panchakanya Mai Hydropower Limited | 1,100,000 | 2018-07-17 | 2018-07-20 | Closed | |
| 5 | Shivam Cements Limited | 4,400,000 | Coming Soon | Coming Soon | Coming Soon |
Dividend, Bonus & Rights
- Progressive Finance extends right issue till Ashoj 23; Paid-up capital to reach Rs 80.01 crore after adjustment
- Jyoti Bikas Bank announces AGM with 8.50% cash dividend on Ashoj 29; Book closure from Ashoj 15
- Shine Resunga to convene AGM with 17.70% bonus shares on Ashoj 28; Book closure from Ashoj 16
- Jebils Finance allots 13.14 lakh unit right shares; Remaining 9.97 lakh unit shares to be sold via auction
- Swadeshi Laghubitta to issue 100% right shares from Ashoj 23; Paid-up capital to reach Rs 23 crore after adjustment
- Bhargav Bikas Bank to convene 10th AGM on Ashoj 27; Bank to issue 5.55% bonus shares
- NCC Bank extends deadline for 50% right issuance; Shareholders can now apply till Ashoj 22
- 9% cash dividend for the shareholders of Manjushree Finance; Dividend to be distributed after approval from NRB and AGM
- Kanchan Development Bank announces 11.29% dividend; Paid-up capital to reach Rs 53.13 crore after 5% bonus shares
- National Microfinance's return percentage rises; Proposes 40% dividend for the FY 2074/75
IPO News
- SEBON gives final nod to IPO of Himalayan Urja Bikas Company; IPO worth Rs 9.90 crore to be issued to locals of Ramechhap district
- Grade 5 rated Shuvam Power’s IPO worth Rs 5.80 crore added in SEBON pipeline; Issue includes unsubscribed shares issued to locals of Sankhuwasabha district
- Kunbang Khola Hydro completes PPA deal with NEA; 25% IPO on the cards
- Kalika Power’s IPO issue receives positive response from the investors; Oversubscribes by 7 times to collect applications worth Rs 83.93 crore
- 4.20 lakh unit shares of Janasewi Laghubitta added in SEBON’s IPO pipeline; Paid-up capital to reach Rs 14 crore after issuance
- Kalika Power's IPO issue closes today; Applications can be placed for minimum 50 units
- The end of Dashain will mark the allotment of Upper Tamakoshi’s shares; Issue oversubscribed by three times
- Kalika Power's 12 lakh unit IPO issuance begins from today; Interested applicants can apply for minimum 50 units
- Thinking to apply for Kalika Power Company’s IPO? Look at what the stats say
- Civil Capital appointed as the issue manager to manage IPO issuance of Buddha Bhumi Hydropower; 12 lakh unit shares on the way
Interviews
"Doing business with China was daunting until NMB along with four other banks cracked the deal”; An exclusive interview with Mr. Sunil KC; CEO of NMB Bank
4 days agoDoing business in China or with China has always been taken as a mystery. The cultural, traditional and language barriers are taken into consideration before any deal is undertaken. Even the international parties find it very daunting while undergoing a deal with Chinese counterparts whether in the presence or absence of Guanxi (Chinese corporate network community). Although Nepal and China share a major part of the border, our country has usually sidelined the opportunities that can be undertak...
Struggling with the buffering on your screen? So is your internet service provider! - An interview with Managi...
1 week ago“Internet”: In a globalized village that we live in, this word today has become synonymous to connecting or even linking people. In the country that we live in today, the word has become s...
"Cashless economy is our vision and the mission is less-cash economy"; Interview with Neelesh Man Singh Pradha...
1 week agoNeelesh Man Singh Pradhan, CEO of Nepal Clearing House Ltd. is an Engineer and MBA graduate with a knack for banking and financial technology. He started his career as a Lecturer at Kathmandu Universi...
“In stock market you earn in times and lose also in times, not in percentages. So to be an investor you need d...
2 weeks ago“If I had wider chest and larger build, I might have become police but a stronger heart and intuitive gut made me an investor.” Ambika Prasad Paudel, with over 20 years of experience in b...
“It is not energy production that will make us rich; it’s rather energy consumption” An interview with Mr. Kul...
2 weeks ago-Dheerusha Tiwari Mr. Kulman Ghising; the person to transform ashes into light, the power fighter of the country; the person leading the nation from dark to light; the person who brought back light i...
Auction Data
Recommended
Amazing! with the help of volatility and normal distribution pattern we can find the top and bottom of the stock; get the details here (Statistical Analysis)
2 weeks ago-Krishna Khatiwada Random Walk Theory says that the stock returns are random and predictability of movement by past performance or any other information is very tough but amazingly, in our research, the daily returns of the NEPSE index were normally distributed. (-1, +1 represents the 1st positive and negative SD and others numbers correspondingly represents the respective SD) In the normal distribution pattern, most of the values or event lie around the mean value and other values are equa...
How does SS Pro calculate Market Confidence? Introducing ShareSansar NEPSE Confidence Meter!
3 weeks agoSS NEPSE Confidence Meter is a single indicator that combines all the variables that affect how investors and traders perceive the current stock market scenario, and shows the current market confidenc...
Do you prefer any specific day of the week to buy/sell stocks?
3 weeks ago-Sudarshan Kadariya, New York “Sell in May and Go Away” is an old Wall Street saying. The investment communities use this phrase in their conversations and it is also used in the media. T...
Should Nepal be limited to only stock market? What is a derivative market? Is it required in Nepal?
1 month ago-Krishna Khatiwada What is a derivative market? Financial Instrument which is derived from the underlying asset value is called derivative. For example, Rice is the derivative product of paddy and t...
Confirmation of Buying in January and Selling in December: An Evidence from S&P 500 and NEPSE, 20 Years
1 month ago-Sudarshan Kadariya, New York Comments: Su.kadariya@gmail.com Last year, we had published an article with a comparative monthly analysis of S&P 500 - an index of 500 largest companies based on t...
Upcoming Issue
| S.No | Company Name | Units | Sector | Remark |
|---|---|---|---|---|
| 1 | Ghalemdi Hydro Limited | 1,555,770 | Non Category | including Unsubscribed: 455,770 Shares issued for Local People |
| 2 | Sayapatri Hydropower Limited | 300,000 | Non Category | |
| 3 | Panchthar Power Company Limited | 1,925,000 | Non Category | |
| 4 | Madhya Bhotekoshi Hydropower Company Limited | 14,400,000 | Non Category | 1) Employees having membership of Employee Provident Fund 2) Employees of Promoter Shareholding Companies 3) Employees of Lending Institutions |
| 5 | CBIL Capital Limited | 300,000 | Merchant Bank |
Sub Indices
As of 2018-09-23
| Sub-Indices | Open | High | Low | Close | Turnover | Point | % Change | 52 Week High | 52 Week Low |
|---|---|---|---|---|---|---|---|---|---|
| Banking Sub | 1,095.84 | 1,109.15 | 1,093.63 | 1,104.68 | 423,304,000 | 8.84 | 0.81 | 1,371.73 | 993.60 |
| Development Bank | 1,515.63 | 1,519.01 | 1,508.14 | 1,517.06 | 41,451,300 | 1.43 | 0.09 | 1,933.03 | 1,372.56 |
| Finance | 613.45 | 617.00 | 613.65 | 615.88 | 15,544,500 | 2.43 | 0.40 | 800.00 | 598.05 |
| Hotels | 1,887.41 | 1,894.85 | 1,870.18 | 1,894.85 | 1,309,850 | 7.44 | 0.39 | 2,431.83 | 1,663.00 |
| HydroPower | 1,423.08 | 1,442.65 | 1,408.91 | 1,429.47 | 34,256,600 | 6.39 | 0.45 | 2,121.96 | 1,331.69 |
| Life Insu | 5,760.05 | 5,680.24 | 5,630.58 | 5,656.77 | 19,198,600 | -23.47 | -0.41 | 6,243.03 | 5,476.63 |
| Manufacturing And Processing | 2,328.52 | 2,334.57 | 2,324.80 | 2,326.19 | 1,049,830 | -2.33 | -0.10 | 2,621.93 | 2,064.54 |
| Microfinance | 1,552.91 | 1,552.78 | 1,536.29 | 1,538.93 | 49,021,900 | -8.92 | -0.58 | 1,901.53 | 1,225.35 |
| Non Life Insu | 6,023.55 | 6,023.21 | 5,954.22 | 5,960.92 | 22,434,800 | -62.63 | -1.04 | 8,666.13 | 5,068.22 |
| Others | 759.07 | 760.48 | 748.27 | 750.08 | 8,567,370 | -8.99 | -1.19 | 931.25 | 655.84 |
| Trading | 211.89 | 222.45 | 215.27 | 221.60 | 2,581,650 | 9.71 | 4.58 | 277.87 | 189.10 |
Company Analysis
Analysis
Nepal Reinsurance Company earns Rs 96.63 crore profit in the FY 2074/75; Collects Rs 2.87 arba from premium
Nepal Reinsurance Company Limited has reported a total profit of Rs 96.63 crore for the Q4 of FY 2074/75.The profit from Life insurance amounts to Rs 78.66 crore while the net profit from Non Life Insurance amounts to Rs 17.97 crore The earnings from premium of the company amounted to Rs 2.87 arba in the current quarter which was Rs 2.851 arba in the fourth quarter of the previous fiscal year. The paid up capital of the company stands at Rs 7.17 arba and its reserve amounts to Rs 2.17 arba. The company’s Insurance Fund stands at R...
NIBL Samriddhi Fund’s NAV slightly decreases in Bhadra; NIBL Pragati Fund reports increased NAV at Rs 8
NIBL Samriddhi Fund-1 (NIBSF1), a 7 year close-end mutual fund scheme managed by NIBL Ace Capital Limited, has reported slight decrease in Net Asset Value (NAV) in B...
Taragaon Regency Hotels reports 8.44% decrease in net profit; EPS stands at Rs 13.63 in the fourth quarter
Taragaon Regency Hotels (TRH) has published quarterly report for the 4th quarter of the fiscal year 2074/75. The profit before bonus and tax in the Q4 has decreased by 8.44% than t...
How are new Non-Life Insurance Companies prevailing in the market? Know their performance as per latest report...
~Rishab Agrawal Last quarter i.e. 4th Quarter of FY 74/75, three new non-life insurance companies posted their unaudited quarterly reports. These new companies were Sanima Insuran...
Barun Hydropower reports net profit of Rs 1.17 crore in the Q4; EPS stands at Rs 4.62
Barun Hydropower Company Limited (BARUN) has posted net profit of Rs 1.17 crore in the fourth quarter of the fiscal year 2074/75. According to the unaudited financial report publi...
Credit Rating
| S.No | Symbol | Company Name | Product | Offering | Grade | Published Date |
|---|---|---|---|---|---|---|
| 1 | JANASEWI | Janasewi Laghubitta Bittiya Sanstha Limited | IPO (equity) Grading | NPR 42 Million | [ICRANP] IPO Grade 4 (Assigned) | 2018-09-07 |
| 2 | SBL | Siddhartha Bank Limited | Subordinated Debenture Program | NPR 2,250 million | [ICRANP] LBBB+ (assigned) | 2018-09-02 |
| 3 | SBL | Siddhartha Bank Limited | Issuer Rating | NA | [ICRANP-IR] BBB+ (reaffirmed) | 2018-09-02 |
| 4 | SBL | Siddhartha Bank Limited | Subordinated Debenture Program | NPR 500 Million | [ICRANP] LBBB+ (reaffirmed) | 2018-09-02 |
| 5 | LBL | Laxmi Bank Limited | Issuer Rating | NA | [ICRANP] IR BBB+ (upgraded) | 2018-08-26 |
| S.No | Symbol | Company Name | Product | Offering | Grade | Published Date |
|---|---|---|---|---|---|---|
| 1 | IMBSL | Infinity Laghubitta Bittiya Sanstha Limited | Initial Public Offer | NPR 60 Million | CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) | 2018-09-11 |
| 2 | PPCL | Panchthar Power Company Limited | Initial Public Offer (IPO) | NPR 192.50 Million | CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) | 2018-07-25 |
| 3 | EIC | Everest Insurance Company Limited | Rights Share Issue | NPR 962.28 Millions | CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) | 2018-07-25 |
| 4 | NICA | NIC Asia Bank Limited | Subordinated Bond “11% NIC Asia Bank Bond 2082/83” | NPR 1830 Million | CARE-NP A [Single A] (Assigned) | 2018-07-25 |
| 5 | MSLB | Mahuli Samudayak Laghubitta Bittiya Sanstha Limited | Rights Share Issue | NPR 30.00 Million | CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) | 2018-07-25 |
Mergers & Acquisitions
| S.No | Name of Mergred Companies | Company Name | Sector | Action | Swap Ratio | Trading | Joint Date |
|---|---|---|---|---|---|---|---|
| 1 | <p>Mountain Eneryg Nepal Ltd, Robust Energy Ltd and Aadhisakti Vidhyut Bikas Co. Ltd</p> | Mountain Energy Nepal Limited | Non Category | Acquisiton | No | 2018-09-13 | |
| 2 | Best Finance Company Limited & Synergy Finance Limited | Best Finance Company Limited | Finance | Acquisiton | 1:1 | Yes | 2018-07-02 |
| 3 | Rastriya Banijya Bank Limited and NIDC Development Bank Limited | Rastriya Banijya Bank Limited | Non Category | Merger | 1:1 | No | 2018-04-05 |
| 4 | NIBL Capital Markets Limited and Ace Capital Limited | NIBL Ace Capital Limited | Merchant Bank | Acquisiton | 1:1 | No | 2018-01-25 |
| 5 | Global IME Capital Limited and Reliable Capital Limited | Global IME Capital Limited | Merchant Bank | Acquisiton | No | 0000-00-00 |
| S.No | Name of Mergred Companies | Company Name | Sector | Action | MOU Date |
|---|---|---|---|---|---|
| 1 | <p>Prime Commercial Bank Limited and Om Development Bank Limited</p> | Prime Commercial Bank Limited | Commercial Bank | Acquisiton | 2018-08-19 |
| 2 | Jyoti Bikash Bank Limited & Hamro Bikas Bank Limited | Jyoti Bikash Bank Limited | Development Bank | Acquisiton | 2018-07-15 |
| 3 | Deva Bikas Bank Limited & Western Development Bank Limited | Deva Bikas Bank Limited | Development Bank | Acquisiton | 2018-07-10 |
| 4 | Deva Bikas Bank Limited & Sahara Bikas Bank Limited | Deva Bikas Bank Limited | Development Bank | Acquisiton | 2017-06-09 |
