- Market gains minimal points, closing for the week at 1135.95 points; two companies hit the positive circuit as STC maintains gaining streak
- Sunrise Bank now expands at Bhajani of Kailali with 123rd branch; also adds two extension counters inside Kathmandu
- Shangrila Development Bank to facilitate for 10% discount at all hotels and restaurants under Siddhartha Business Group of Hospitality; bank’s customers and employees to benefit the most
- RMDC Laghubitta conducts one day interaction event of microfinance institutions; 60 senior officials from 24 institution gather for candid discussion on several facets of microfinance industry in Nepal
- NIBL opens 16th Extension Counter at KUSOM
- Lumbini Bikas Bank provides financial support of Rs 60K to Singha Ma.Vi of Pokhara Rambazar; support amount to enable community school purchase educational materials for school students
- Citizen Life Insurance Company joins NCHL; all payment associated with life insurance to take place in real-time automation now
- Are you looking forward to Spa service with heavy discount ? Enjoy 30% Discount at Tranquility Spa being Muktinath Bikas Bank’s Visa card user
- Pulsar Dare Venture- IV live from 16th November in AP1 HD
- Green Development Bank in way to becoming best regional level bank of Gandaki province; adds two more branches inside Pokhara and plans to add two more at Nawalpur taking the count to 13 branches
Featured
Shivam Cement receives Rs 1 crore in subsidy return for its energy efficient machinery installation; Banijya Bank makes payment on behalf of Energy Efficiency Program Nepal funded by German Government
Rastriya Banijya Bank has granted subsidy worth Rs 1 crore to Shivam Cement for its energy efficient operation under the Energy Efficiency Program Nepal funded by the German Government. The cheque amo...
Exclusive News
Finding it difficult to deal with money? Here is a book that can help your personal finances
Suze Orman, the writer of the bestselling book “The Nine Steps to Financial Freedom” provides wisdom to ordinary people based on both rationality and emotional perspective. While most of the personal finances related books bring the Dos and Don’ts to the readers, Orman guides her readers to take charge of their own finances. In her book of nine steps, she refrains to pinpoint the specific strategies that can lead the readers’ way to financial freedom. In fact, Orman highlights the importance of mental strength on the way to financial freedom. The nine steps that Orman highlights in her book are: 1.Seeing How Your Pas...
10.25% Prabhu Bank Debenture 2086 opens from today; look at essential information about the issue an...
Company profile Prabhu Bank Limited (PRVU) started its operation under this name from Bhadra 30, 2071 after the merger and acquisition of following institutions: Kist Bank Limi...
Know the financial performance of Development Banks till 2nd month of FY 2076/77; Muktinath Bikas Ba...
Nepal Rastra Bank (NRB) has published the cumulative financial of Development Banks till the first two month of the new fiscal year 76/77. Development Banks are recognized as Class...
The month of festivities and the decision of mutual funds on investment: Find out the investment sty...
There are 17 mutual funds in the country currently. Out of 16, Siddhartha Equity Oriented Scheme (SEOS), Siddhartha Investment Growth Scheme (SIGS1), Nabil Balance Fund (NBF1) and&...
One of the best investment related books: The Intelligent Investor
“Tihar” festival has come to an end. The beautiful part about the festival is that it teaches us to acknowledge the power of wealth. Goddess Laxmi is worshiped in the f...
Announcement
- 2019-11-15 Nepal Bangladesh Bank Limited has posted a net profit of Rs 402 million and published its 1st quarter company analysis of the fiscal year 2076/77.
- 2019-11-15 Machhapuchchhre Bank Limited has posted a net profit of Rs 376 million and published its 1st quarter company analysis of the fiscal year 2076/77.
- 2019-11-15 Century Commercial Bank Limited has posted a net profit of Rs 370.81 million and published its 1st quarter company analysis of the fiscal year 2076/77.
- 2019-11-15 Nepal Investment Bank Limited has posted a net profit of Rs 844.42 million and published its 1st quarter company analysis of the fiscal year 2076/77.
- 2019-11-15 NMB Bank Limited has posted a net profit of Rs 815.13 million and published its 1st quarter company analysis of the fiscal year 2076/77.
- 2019-11-15 Shivam Cements Limited has posted a net profit of Rs 198.23 million and published its 1st quarter company analysis of the fiscal year 2076/77.
- 2019-11-15 Unilever Nepal Limited has posted a net profit of Rs 334.5million and published its 1st quarter company analysis of the fiscal year 2076/77.
- 2019-11-15 Himalayan Bank Limited has posted a net profit of Rs 694.22 million and published its 1st quarter company analysis of the fiscal year 2076/77.
- 2019-11-15 Bank of Kathmandu Limited has posted a net profit of Rs 383.72 million and published its 1st quarter company analysis of the fiscal year 2076/77.
- 2019-11-15 Kumari Bank Limited has posted a net profit of Rs 401.98 million and published its 1st quarter company analysis of the fiscal year 2076/77.
Investment/Existing Issues
| S.No | Company Name | Units | Opening Date | Closing Date | Status | View |
|---|---|---|---|---|---|---|
| 1 | Shiva Shree Hydropower Limited | 3,351,140 | 2019-10-03 | 2019-11-01 | Closed | |
| 2 | Sabaiko Laghubitta Bittiya Sanstha Limited | 530,000 | 2019-07-17 | 2019-07-21 | Closed | |
| 3 | Himal Dolakha Hydropower Company Limited | 7,672,210 | 2019-07-10 | 2019-08-09 | Closed | |
| 4 | Adhikhola Laghubitta Bittiya Sanstha Limited | 400,000 | 2019-07-07 | 2019-07-10 | Closed | |
| 5 | Ghodighoda Laghubitta Bittiya Sanstha Limited | 132,600 | 2019-07-05 | 2019-07-09 | Closed |
Dividend, Bonus & Rights
- ICFC Finance proposes 13% dividend worth Rs 11.46 crore; 5% bonus and 8% cash dividend
- Himalayan bank proposes 22% dividend worth Rs 1.87 arba; 10% bonus and 12% cash dividend
- Right shares worth Rs.80.68 Crore currently being offered in the market; earliest issue closes on November 17, 2019
- Nabil Investment Banking to convene AGM on Mangsir 18, 2076; Approval of 20% cash dividend on main agenda
- Laxmi Laghubitta to convene 8th AGM on Mangsir 20, 2076; Book Closure for 26.32% dividend on Mangsir 11
- Kamana Sewa Bikas Bank proposes 6.8% cash dividend worth Rs 17.27 crore from the profit of FY 2075/76
- Nepal Investment Bank proposes 10.5% bonus and 8.5% cash dividend; Capital after adjustment to reach Rs 14.21 arba
- Today is the last trading day to grab dividend of Chilime Hydropower and Gurans Laghubitta, both company book closure is on Kartik 27
- Cash dividend worth Rs.5.20 Crore announced by Guheswori Merchant Banking and Finance for FY 75/76; NEPSE publishes a notice
- Ganapati Microfinance announces 7% bonus shares out of profits of FY 75/76; cash dividend proposed for tax purpose
IPO News
- Underwriters of Shiva Shree Hydropower IPO refuse to purchase unsubscribed shares; SEBON asks for clarification in the matter
- Sunrise Capital allots its Sunrise First Mutual Fund scheme; all 6679 applicants receive quantity as demanded
- CARE Nepal Ratings assigns Grade 4 to IPO of Greenlife Hydropower; Ratings indicate below-average fundamentals
- Shiva Shree Hydropower IPO receives almost 18 thousand applicants till closing; unsubscribed units to be offered to company officials
- Shiva Shree Hydropower to issue IPO for promoters and directors for Kartik 17 to 27
- Shiva Shree Hydropower closing IPO issue to general public; investors can apply till banking hour today
- Shiva Shree Hydropower IPO sees slow growth in collection; issue up to Kartik 15, 2076
- Shiva Shree Hydropower IPO receives more than 12 thousand applicants; more than 81% of the issue awaits subscription
- Ajod Insurance appoints NIBL Ace as the issue manager of its IPO; Company raising Rs 30 crore from the issue
- SEBON adds IPO issue of Terhathum Power Company Limited under preliminary review; 1.20 Million units of shares to be issued
Interviews
Everest Bank Limited marks its 25th anniversary welcoming new CEO Mr. Gajendar Kumar Negi, who says “While working at a Bank you can help thousands of people realize their dreams”
4 weeks agoEverest Bank Limited has accomplished a quarter of century in the Nepalese banking sector as it marks its Silver jubilee today. In the time period of two and a half decade, it is not simply Everest Bank that reached the Everest of success but also a number of parties associated with it. Whereas with its support a number of clientele built their dream houses, many could afford quality higher education. Several business models got their final approval from the credit officers at Everest, many depo...
"Cleansing the hiring culture of Nepal from ABC virus is the first step in creating successful organization";...
2 months agoInterviewee: Ganesh Raj Pokharel, CEO of Citizens Bank International Interviewer: Aakriti Thakali and Sandeep Rana from Sharesansar Profile: Academics: Executive MBA degree in Finance from Kath...
“You don’t become a CEO simply to handle big files. You become a CEO to prepare your employees so that they ca...
10 months ago-Dheerusha Tiwari “Nepali janata ko Bank, Janata Bank Nepal” Janata Bank Nepal has left no stone unturned in order to substantiate this tagline among its clients, corporates and associat...
"Entrepreneurship is more about uncovering the illusion of knowledge than just putting up a product"; Intervie...
10 months agoSixit Bhatta, CEO and co-founder of Tootle, has played a crucial part in changing the way people commute through the introduction of the Tootle app. Tootle is a smart-phone app that provides platform...
200 times portfolio growth in 7 years; 23 year old prodigy in Nepali stock market; Interview with Sijan Bajrac...
10 months agoAnything that gets a little complicated often gets attacked with myths. Similar myths also shroud the capital market of Nepal. If we look at the total number of people involved, the primary market has...
Auction Data
Recommended
One of the best investment related books: The Intelligent Investor
1 week ago“Tihar” festival has come to an end. The beautiful part about the festival is that it teaches us to acknowledge the power of wealth. Goddess Laxmi is worshiped in the festival with the faith of preserving and accumulating wealth. However, money does not come easy. A lot of hard work and dedication is required to maximize wealth. In this article, we discuss a small portion of a book that has encouraged maximize wealth through investing. One of the world’s wealthiest person, War...
NIBL Sahabhagita Fund Now Open for Repurchase and Sell; Find answers to frequently asked questions
3 weeks agoThe Nepalese share market has been seeing a bearish trend where all major sectors have been affected by it apart from the Mutual Fund Sector. The re-opening of NIBL Sahabhagita Fund, Nepal’s fir...
While Nepal decides to drop down the idea of forced merger, India comes in with the proposal of mega merger! W...
2 months agoNepal government decided to reconsider its “big merger” policy after a lot of criticisms from banks and general public. However, recently Indian government took an exactly opposite step an...
What is the Basel Capital Accord? What was the route of implemantation in Nepal?
3 months agoBasel Capital accord is a capital adequacy framework developed by the Basel Committee on Banking Supervision (BCBS) popularly referred as Basel Committee. It was established by the central bank Govern...
Understand the new features of monetary policy- What is Counter Cyclical Buffer, Liquidity Coverage ratio and...
3 months agoRecent monetary policy came up with three major provisions under BASEL III that are to be implemented by the banks of Nepal. These three provisions are Counter cyclical buffer, Liquidity Coverage Rati...
Upcoming Issue
| S.No | Company Name | Units | Sector | Remark |
|---|---|---|---|---|
| 1 | Terhathum Power Company Limited | 1,200,000 | Hydropower | |
| 2 | Singati Hydro Energy Limited | 4,350,000 | Non Category | |
| 3 | Nepal Reinsurance Company Limited | 16,000,000 | Non Category | |
| 4 | NRN Infrastructure and Development limited | 3,398,046 | Non Category | |
| 5 | United Idi-Mardi and R.B. Hydropower Limited | 1,050,000 | Non Category |
Sub Indices
As of 2019-11-14
| Sub-Indices | Open | High | Low | Close | Turnover | Point | % Change | 52 Week High | 52 Week Low |
|---|---|---|---|---|---|---|---|---|---|
| Banking Sub | 1,040.65 | 1,044.84 | 1,039.88 | 1,042.03 | 125,182,000 | 1.38 | 0.13 | 1,214.35 | 936.83 |
| Development Bank | 1,545.81 | 1,552.12 | 1,544.45 | 1,544.45 | 32,806,300 | -1.36 | -0.09 | 1,647.45 | 1,398.78 |
| Finance | 561.19 | 567.03 | 561.19 | 565.22 | 49,122,200 | 4.03 | 0.72 | 643.11 | 559.98 |
| Hotels | 1,783.87 | 1,790.36 | 1,775.48 | 1,775.48 | 1,125,710 | -2.85 | -0.16 | 2,248.03 | 1,674.22 |
| HydroPower | 943.72 | 945.06 | 940.44 | 944.35 | 17,009,500 | 0.56 | 0.06 | 1,377.29 | 913.47 |
| Life Insu | 4,998.79 | 5,015.19 | 4,964.43 | 5,015.19 | 12,027,500 | 13.59 | 0.27 | 7,242.33 | 4,923.90 |
| Manufacturing And Processing | 2,449.55 | 2,460.12 | 2,445.96 | 2,450.96 | 16,317,900 | 1.41 | 0.06 | 2,879.94 | 0.00 |
| Microfinance | 1,499.24 | 1,502.99 | 1,490.79 | 1,492.74 | 23,677,400 | -10.58 | -0.70 | 1,595.63 | 1,244.71 |
| Mutual | 9.16 | 9.39 | 9.16 | 9.31 | 809,134 | 0.15 | 1.64 | 10.15 | 9.08 |
| Non Life Insu | 4,150.09 | 4,192.29 | 4,138.09 | 4,158.85 | 23,098,400 | 8.76 | 0.21 | 6,214.65 | 4,115.46 |
| Others | 644.39 | 644.39 | 634.16 | 634.42 | 2,114,620 | -1.26 | -0.20 | 781.90 | 624.12 |
| Trading | 351.99 | 365.45 | 351.99 | 365.45 | 45,460 | 22.43 | 6.54 | 365.45 | 0.00 |
Weekly Analysis
Analysis
NEPSE index decline by 14.20 points this week; Prabhu and NMB Bank has highest turnover; Weekly Wrap Up of the NEPSE
NEPSE Index decline by 14.20 points (1.24%) in the trading week between 3rd November to 7th November. This week market opened at 1146.17 points and closed at 1131.97 points. Index fell 6.88 points on Sunday, on Monday index gained 0.97 points, on Tuesday index lost 0.81 points to sit at 1139.45, likewise on Wednesday index lost 1.43 points and on last trading day index again lost 6.05 points. Candlestick pattern: Four red candlestick and one green candlestick was formed this week. Exponential Moving Average: We have used EMA's of 5 days'...
NEPSE provides a ray of hope before Tihar; rises by 11.59 points to close at 1149.34 (Weekly Wrap up)
NEPSE Index gained by 11.59 Points (1.02%) this week. NEPSE Index opened at 1137.75 points and closed at 1149.34 points. Index fell 4.04 points on Sunday, on Monday index lost 1.31...
Hotel sector is the top loser; NEPSE index decline by 11.26 points this week; Weekly Wrap Up of the NEPSE
NEPSE Index opened at 1149.01 points and closed at 1137.75 points. This week Index fall by 11.26 Points (0.99%). Market was closed on Sunday due to Chinese President visit, on Mond...
Last week before Dashain NESPE rises by 19.60 points; Need to wait till NEPSE moves above 20 EMA and 78.6% Fib...
This week NEPSE Index gained 19.6 Points (1.73%). The Index opened at 1129.80 points and closed at 1149.40 points. On Sunday the index was down by 4.66 points, on Monday index gain...
Hydropower sector is the top loser; turnover decline by massive 47%; Weekly Wrap Up of the NEPSE
Index opened at 1155.30 points and closed at 1129.80 points with the loss of 25.5 points (2.21%). On Sunday the index was down by 16.05 points to sit at 1139.25. Monday market was...
Company Analysis
Analysis
Chilime Hydropower earns Rs 21.17 crore in Q1; Sales of electricity decline by 2.94% and Company recently announces 25% dividend
Chilime Hydropower Company Limited (CHCL) has published the unaudited first quarter report for FY 76/77 today. As per the report, the net profit of the company has declined by 18.99% to Rs 21.70 crore from Rs 26.78 crore in the corresponding quarter of last fiscal year. The company’s paid-up capital remains at Rs 4.75 arba. Similarly, the company has Rs 4.75 arba as retained earnings. The investment in term deposits which were previously worth Rs 1.03 arba have increased by almost 46.60% to Rs 1.51 arba by the end of the firs...
Machhapuchchhre bank profit remains stagnant in Q1; EPS and PE stands at Rs 17.78 and 12.60 times
Machhapuchchhre Bank Limited (NMB) has published its first quarter report for the FY 2076/77 today. The profit figure remains stagnant with just 1.16% growth. The bank&...
NMB Bank after successful merger with OM Dev. Bank earns Rs 81.51 crore in Q1; Non Performing Loan rises to 1....
NMB Bank Limited (NMB) has published its first quarter report for the FY 2076/77 today after successful merger with OM Development Bank Limited with 48.06% rise in net profit....
First Quarter report of Himalayan Power Partner; LTP as of Kartik 27, 2076 at Rs 135
Himalayan Power Partner Limited (HPPL) has published its financial report for the first quarter of the FY 2076/77. Its share capital remains at Rs 1.06 arba. Its net worth per sha...
Metlife American Life Insurance reports net profit of Rs 6.55 crore for Q1 2076/77; 12.64 lakh policies inforc...
MetLife American Life Insurance Company (ALICO) has stated Rs 6.55 crore net profit till the first quarter of the fiscal year 2076/77. The profit was Rs 6.37 crore in FY 2075/76 in...
Credit Rating
| S.No | Symbol | Company Name | Product | Offering | Grade | Published Date |
|---|---|---|---|---|---|---|
| 1 | CZBIL | Citizens Bank International Limited | Issuer Rating | NA | [ICRANP-IR] BBB+ (Reaffirmed) | 2019-11-04 |
| 2 | CZBIL | Citizens Bank International Limited | Subordinated Debenture Programme (Citizens Bank Bond 2085) | NPR 2,500 Million | [ICRANP] LBBB+ (Reaffirmed)1 | 2019-11-04 |
| 3 | CZBIL | Citizens Bank International Limited | Subordinated Debenture Programme | NPR 500 Million | [ICRANP] LBBB+ (Reaffirmed) | 2019-11-04 |
| 4 | SBI | Nepal SBI Bank Limited | Subordinated Debenture Programme (fresh) | NPR 2,500 million | [ICRANP] LAA (Assigned) | 2019-09-30 |
| 5 | SBI | Nepal SBI Bank Limited | Subordinated Debenture Programme (existing) | NPR 200 Million | [ICRANP] LAA (Reaffirmed) | 2019-09-30 |
| S.No | Symbol | Company Name | Product | Offering | Grade | Published Date |
|---|---|---|---|---|---|---|
| 1 | GRHPL | Greenlife Hydropower Limited | Initial Public Offer | 349.64 Millions | CARE-NP IPO Grade 4 [IPO Grade Four] Assigned | 2019-11-05 |
| 2 | SRBL | Sunrise Bank Limited | Subordinate Debenture (10.25% Debenture 2083) | NPR 3000 Millions | CARE-NP A- [Single A Minus] Assigned | 2019-10-21 |
| 3 | SRBL | Sunrise Bank Limited | Subordinate Debenture (10% Debenture 2080) | NPR 1000 Millions | CARE-NP A- [Single A Minus] Assigned | 2019-10-21 |
| 4 | SRBL | Sunrise Bank Limited | Issuer Rating | NA | CARE-NP A- (Is) [Single A Minus (Issuer Rating)] Assigned | 2019-10-21 |
| 5 | MBKHCL | Madhya Bhotekoshi Jalavidyut Company Limited | Initial Public Offering (IPO) | NPR 1500 Millions | CARE-NP IPO Grade 4+ [IPO Grade Four Plus] Assigned | 2019-10-11 |
Mergers & Acquisitions
| S.No | Name of Mergred Companies | Company Name | Sector | Action | Swap Ratio | Trading | Joint Date |
|---|---|---|---|---|---|---|---|
| 1 | NRN Laghubitta Bittiya Sanstha Limited, Creative Laghubitta Bittiya Sanstha Limited and Rama Roshan Laghubitta Bittiya Sanstha Limited |
NRN Laghubitta Bittiya Sanstha Limited | Non Category | Merger | No | ||
| 2 | Saptakoshi Development Bank Limited and Kabeli Bikas Bank Limited |
Saptakoshi Development Bank Limited | Development Bank | Acquisiton | Yes | 2019-06-12 | |
| 3 | Prime Commercial Bank Limited and Kankai Bikas Bank Limited |
Prime Commercial Bank Limited | Commercial Bank | Acquisiton | 100:71.50 | Yes | 2019-09-01 |
| 4 | Tinau Development Bank Limited and Mission Development Bank Limited |
Tinau Mission Development Bank Limited | Development Bank | Merger | 1:1 | Yes | 2019-06-27 |
| 5 | NMB Bank Limited and Om Development Bank Limited |
NMB Bank Limited | Commercial Bank | Merger | 100:76 | Yes | 2019-09-18 |
| S.No | Name of Mergred Companies | Company Name | Sector | Action | MOU Date |
|---|---|---|---|---|---|
| 1 | Nepal Agro Laghubitta Bittitya Sanstha and Nesdo Sambridha Laghubitta Bittiya Sanstha Limited |
Nepal Agro Laghubitta Bittiya Sanstha Limited | Microfinance | Merger | 2019-10-04 |
| 2 | Mega Bank Nepal Limited and Gandaki Bikas Bank Limited |
Mega Bank Nepal Limited | Commercial Bank | Acquisiton | 2019-09-26 |
| 3 | Unnati Microfinance Bittiya Sanstha Limited and Sahakarya Laghubitta Bittiya Sanstha Limited |
Unnati Sahakarya Laghubitta Bittiya Sanstha Limited | Non Category | Merger | 2019-07-25 |
| 4 | Vijaya Laghubitta Bittiya Sanstha Limited Cweda Laghubitta Bittiya Sanstha Limited |
Vijaya Laghubitta Bittiya Sanstha Limited | Microfinance | Acquisiton | 2019-07-11 |
| 5 | Citizens Bank International Limited and Sahayogi Vikas Bank Limited |
Citizens Bank International Limited | Commercial Bank | Acquisiton | 2019-07-07 |
