- Sub-committee's recommendation to determine capital gains tax based on the stock-holding period
- Employees of Securities Board and Nepse forbidden to apply for IPO; required to disclose existing shares
- Decision to issue broker license to banks; final approval by Parliamentary Committee after year-long bewilderment
- Bonus share of FY 75/76 of Everest Bank, Swadeshi Laghubitta, Unnati Laghubitta and Shree Investment & Finance listed in NEPSE for trading
- High project expenses, lower electricity production and sales resulting 31% decline in net profit of United Modi Hydropower in Q3
- Ngadi Group Power Limited to distribute 10% cash dividend: Urges shareholders to update bank account
- Approx 2.56 lakh applicants applied for Sadhana Laghubitta IPO; oversubscribed by almost 9 times in 2 days
- Import resumes from Rasuwagadhi transit after a halt of over five months
- Coronavirus cases up in Kathmandu Valley, 54 new cases found on Monday
- Sunrise Bank inks remittance agreement with Royal Remit; now disburse remittance from Australia to 130 branches and 10K plus agents of bank spread across Nepal
Featured
NMB Laghubitta convenes its 7th AGM; appoints two new BoDs from a public shareholder group
NMB Laghubitta has convened its 7th AGM on Asad 22, 2077 under the leadership of its chairman Mr. Sajiv Subba. The AGM has endorsed the proposal to provide cash dividend worth Rs 25.52 lakh for tax pu...
Exclusive News
Yoga an uncontested practice to stay fit; Maybe, its now time to learn investing from yoga too!
We all know Stock markets are volatile. Even when the internet is swamped with many stories on the importance of focus and long-term investments in stocks, many investors turn a deaf ear and indulge in short-term trading. They fall into the prey of futile attempts to time the market, greed while trading, and lack of focus while transacting in a stock market. Yoga has been an age-old method for physical and mental well-being. But why? There is a popular saying which explains this, “You cannot always control what goes on outside. But you can always control what goes on inside.” Few people say that Long term Investing and Yoga hav...
Nepal Moves up in Income Group Category Devised by World Bank Group
As per the data released on July 1st, 2020, Nepal has been moved up from Low-Income Category to Low Middle Income Group for the next one year. As per the Data presented by the Worl...
Life after Pandemic; What should be the lessons to learn from ongoing multidimensional crises?
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Is The Current Market Wave At NEPSE a Pump and Dump Scheme or a Bullish Run?
I am usually writing about the stock market so that people would understand the concept behind investing to help them retire with a sufficient amount of wealth. Per usual, I am wri...
Is our share market Undervalued or overvalued? See what present Market Cap. to GDP ratio says
As Warren Buffet has said –“The stock market is a device for transferring money from the impatient to the patient.” And the law of patient says Good things take t...
Announcement
- 2020-07-07 United Modi Hydropower Limited is distributing 8.421% cash dividend directly to bank accounts of its shareholders and has urged to update bank account in Demat account.
- 2020-07-07 Gurans Life Insurance Company Limited is issuing it's 1:1 ratio 93,85,200 units right share to its shareholders from 14th Ashad to 4th Shrawan, 2077.
- 2020-07-07 Ngadi Group Power Limited is distributing 10% cash dividend directly to bank accounts of its shareholders and has urged to update bank account in Demat account.
- 2020-07-07 United Modi Hydropower Limited has posted a net profit of Rs 40.40 million and published its 3rd quarter company analysis of the fiscal year 2076/77.
- 2020-07-06 Mega Bank Limited has published a notice regarding the new interest rate and its effective from 21st Ashad, 2077.
- 2020-07-06 National Hydropower Company Limited has announced its earlier postponed 23rd AGM to be held on 29th Ashad, 2077.
- 2020-07-06 Samriddhi Finance Limited has published a notice regarding the rebate of interest and penalty on interest.
- 2020-07-06 RBB Merchant Banking Limited has published a notice regarding the renewal of the Demat account.
- 2020-07-06 NIC Asia Laghubitta Bittiya Sanstha Limited has appointed NIC Asia Capital Limited as its share registrar.
- 2020-07-05 Sadhana Laghubitta Bittiya Sanstha Limited is issuing its 7,07,800 units IPO shares to the general public from today (21st Ashad, 2077).
AGM - SGM
| Symbol | AGM | Book Closure | AGM Date | Fiscal Year |
|---|---|---|---|---|
| JLBS | Special General Meeting | 2019-11-11 | 2075/2076 | |
| MBL | 21st | 2019-09-27 | 2019-10-11 | 2075/2076 |
| NATBIL | 11th | 2019-10-24 | 2075/2076 | |
| CHLBS | 4th | 2019-12-08 | 2019-12-25 | 2075/2076 |
| KSBBL | 13th | 2019-12-16 | 2020-01-02 | 2075/2076 |
| MSLB | 7th | 2019-12-30 | 2020-01-11 | 2075/2076 |
Investment/Existing Issues
| S.No | Company Name | Units | Opening Date | Closing Date | Status | View |
|---|---|---|---|---|---|---|
| 1 | Ajod Insurance Limited | 3,000,000 | 2020-07-09 | 2020-07-13 | Coming Soon | |
| 2 | Sadhana Laghubitta Bittiya Sanstha Limited | 707,800 | 2020-07-05 | 2020-07-08 | Open | |
| 3 | NIC Asia Laghubitta Bittiya Sanstha Limited | 4,755,000 | 2020-06-24 | 2020-06-28 | Closed | |
| 4 | Nepal Reinsurance Company Limited | 16,000,000 | 2020-03-17 | 2020-03-20 | Closed | |
| 5 | NRN Infrastructure and Development Limited | 3,398,046 | Coming Soon | Coming Soon | Coming Soon |
Dividend, Bonus & Rights
- Bonus share of FY 75/76 of Everest Bank, Swadeshi Laghubitta, Unnati Laghubitta and Shree Investment & Finance listed in NEPSE for trading
- Ngadi Group Power Limited to distribute 10% cash dividend: Urges shareholders to update bank account
- Gentle Reminder! Prudential Insurance is closing 60% right issue from today; eligible investors are requested to apply
- NECO Insurance informs about already disbursed 8.16% cash dividend to respective bank accounts; also urges investors to update details with DPs and dematerialize shares
- 2 days left for the closing of ongoing 60% right issue of Prudential Insurance; eligible investors are requested to apply within stipulated time
- Shikhar Insurance re- issuing 30% right shares from today; issue to close on 4th Shrawan, 2077
- Nadep Laghubitta proposes 10% bonus shares; Paid-up capital to reach Rs 40.48 crore after adjustment bonus
- Gurans Life Insurance issuing 1:1 right shares from today, right issue closes on Shrawan 4
- Shikhar Insurance issuing earlier postponed 30% right shares from Ashad 14; issue closes on Shrawan 4
- Gurans Life Insurance issuing earlier postponed 1:1 right issue from Ashad 14, right issue closes on Shrawan 4
IPO News
- IPO of Sadhana Laghubitta oversubscribed by 13.40 times, more than 3.63 lakh applicants received in 3 days
- Things to know for prospective investors about IPO of Ajod Insurance Limited; advisable to apply only 10 units
- Approx 2.56 lakh applicants applied for Sadhana Laghubitta IPO; oversubscribed by almost 9 times in 2 days
- IPO issue of Sadhana Laghubitta subscribed on 1st day itself; attracted 1 lakh plus investors
- Reliance Life Insurance and Sanima General Insurance set to issue IPO to general public; SEBON adds the issue to pipeline
- Sadhana Laghubitta IPO opening from today for general public; advisable to apply only 10 units
- IPO allotment of NIC Asia Laghubitta concludes; all valid applicants get 10 units and lucky 46,579 applicants get 10 units extra
- NIC Asia Laghubitta IPO allotment to be concluded tomorrow at 9.30 AM; allotment process to be streamed live on the Sanima Capital facebook page
- Things to know for prospective investors about IPO of Sadhana Laghubitta; advisable to apply only 10 units
- NIC Asia Laghubitta IPO allotment to be concluded on Sunday; all valid applicants to get 10 units and lucky 46,579 applicants to get 10 units extra thru lottery
Interviews
We're near the goal of graduating to developing country by 2022: Finance Minister Khatiwada
2 days agoFinance Minister Dr. Yubaraj Khatiwada has claimed that the Nepali economy dented by COVID-19 pandemic was reviving gradually. Also, the Minister for Communications and Information Technology Dr. Khatiwada shared that with the economic and social activities getting restored, the income and expenditure gap is also being narrowed. He, however, said it is challenging to ensure a dynamic economy in the face of adverse situations. The National News Agency (RSS) took his interview focusing on the na...
Let’s invest money for capital formation instead of buying sophisticated vehicles: Finance Minister Dr Khatiwa...
3 months agoAs the spread of coronavirus pneumonia has created risks on multiple sectors, the government has come up with some measures to tackle those impacts of COVID-19 on economy and other areas expecting to...
Expect a 'game changer' in the economic and social sector: Finance Minister Dr Khatiwada
5 months agoFinance Minister Dr. Yuba Raj Khatiwada has said the overall economic indicators of the country were healthy and the economy was moving ahead on the right trajectory. Stating that implementation of f...
Everest Bank Limited marks its 25th anniversary welcoming new CEO Mr. Gajendar Kumar Negi, who says “While wor...
8 months 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 Ba...
"Cleansing the hiring culture of Nepal from ABC virus is the first step in creating successful organization";...
9 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...
Auction Data
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A Year 2076 BS in review: Microfinance sector is the top gainer; total turnover rises by massive 102.19% and Naasa Securities lead among brokers
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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 | Emerging Nepal Limited | 500,000 | Non Category | |
| 4 | Greenlife Hydropower Limited | 3,496,400 | Hydropower | |
| 5 | Mountain Energy Nepal Limited | 1,968,027 | Non Category | (For Local People : 19,68,027 Kitta For General Public : 19,68,027 Kitta) |
Sub Indices
As of 2020-07-07
| Sub-Indices | Open | High | Low | Close | Turnover | Point | % Change | 52 Week High | 52 Week Low |
|---|---|---|---|---|---|---|---|---|---|
| Banking Sub | 1,111.15 | 1,145.86 | 1,111.15 | 1,135.64 | 349,152,000 | 25.83 | 2.33 | 1,483.16 | 973.22 |
| Development Bank | 1,674.08 | 1,717.91 | 1,673.10 | 1,708.89 | 221,727,000 | 34.81 | 2.08 | 2,097.34 | 1,512.44 |
| Finance | 630.82 | 653.09 | 630.82 | 650.11 | 98,051,700 | 19.04 | 3.02 | 732.76 | 550.39 |
| Hotels | 1,432.99 | 1,555.58 | 1,432.99 | 1,557.84 | 7,832,960 | 127.10 | 8.88 | 2,154.02 | 1,298.18 |
| HydroPower | 935.88 | 967.93 | 935.84 | 960.92 | 36,430,900 | 26.49 | 2.83 | 1,234.56 | 850.25 |
| Life Insu | 7,812.20 | 8,115.90 | 7,812.20 | 7,999.33 | 173,066,000 | 198.38 | 2.54 | 9,993.55 | 4,814.83 |
| Manufacturing And Processing | 2,700.11 | 2,721.88 | 2,680.16 | 2,697.89 | 94,860,700 | 41.83 | 1.57 | 3,258.40 | 2,105.88 |
| Microfinance | 2,175.92 | 2,274.97 | 2,175.92 | 2,247.09 | 186,976,000 | 76.56 | 3.53 | 2,838.63 | 1,421.06 |
| Mutual | 9.36 | 9.53 | 9.33 | 9.54 | 615,007 | 0.17 | 1.81 | 11.07 | 8.95 |
| Non Life Insu | 5,787.50 | 6,182.73 | 5,787.50 | 6,148.20 | 336,244,000 | 365.47 | 6.32 | 7,682.90 | 3,936.49 |
| Others | 729.71 | 751.94 | 729.71 | 751.84 | 112,771,000 | 27.05 | 3.73 | 850.97 | 624.12 |
| Trading | 839.67 | 873.35 | 839.67 | 863.46 | 6,313,450 | 34.61 | 4.18 | 1,007.63 | 251.39 |
Weekly Analysis
Analysis
A Year 2076 BS in review: Microfinance sector is the top gainer; total turnover rises by massive 102.19% and Naasa Securities lead among brokers
Market Review of 2076 BS The market in the year 2076 BS opened at 1184.02 points and closed at 1251.45 points and has gain 67.43 points (5.70%). This year market hit the high of 1667.74 points on the Falgun 15, 2076 and the year low of 1102.46 on Mangsir 9, 2076. The difference between the high and low is 565.28 points. This is to be noted in the entire analysis that the NEPSE was remained closed due to pandemic Covid- 19 from Chaitra 10, 2076 onwards, The statistics of NEPSE in the Year 2076 BS In the year 2076 BS, a share of w...
NEPSE continues its losing streak with 107.88 points fall; Nepal Seva decline by massive 24.9%; NLIC traded mo...
NEPSE Index declined 107.88 points (7.83%) in the trading week between 15th March to 19th March, 2020. This week, NEPSE open at 1377.18 points and made a low of 1234.16 but close a...
Correction continues this week too in NEPSE with decline of 4.08%; Strong support at 1350 level; NLIC traded m...
NEPSE Index declined 58.52 points (4.08%) in the trading week between 8th March to 12th March, 2020. This week market opened for 3 trading days. Tuesday NEPSE open at 1435.70 point...
Correction seen on NEPSE after five straight week rallies; Microfinance and Non-Life Insurance sector decrease...
NEPSE Index declined 196.47 points (12.04%) in the trading week between 1st March to 5th March, 2020. This week market opened at 1632.17 points and close at 1408.82 points on Thurs...
Good times for market continues, NEPSE rallies 197.60 points; Naasa Securities tops the brokers with massive R...
NEPSE Index gained 197.60 points (13.77%) in the trading week between 23rd February to 27th February, 2020. This week market opened at 1434.57 points but close at high of the week...
Company Analysis
Analysis
High project expenses, lower electricity production and sales resulting 31% decline in net profit of United Modi Hydropower in Q3
United Modi Hydropower Limited (UMHL) has posted its net profit of Rs. 4.04 crore which is 31% lower than the corresponding quarter. According to the unaudited financial report published, UMHL has earned Rs. 23.52 crore as revenue from operations whereas it was Rs. 23.05 crore in the corresponding quarter of FY 2075/76. The company sits at a fair liquidity position with a current ratio of 2.70x compared to its previous quarter of 1.94x. The company seems to have decreased its net profit margin to 17.71% in Q3 FY 76/77 from 37.79% in th...
Citizen Investment Trust reports net profit of Rs 37.94 crore till Q3 of 2076/77; Earning per share stands at...
Citizen Investment Trust (CIT) has published financial highlights for the third quarter of the FY 2076/77. CIT has reported a net profit of Rs 37.94 crore for the third quart...
Update of micro finance companies' performance in the third quarter! Sana Kisan maintains the lead
In NEPSE, there are 50 listed microfinance companies, the number is highest amongst other sector. Thus, in this analysis we look into various indicators of 50 listed microfinanc...
The non-life insurance companies and their performance during Corona outbreak!
The general insurance sector of Nepal comprises of 20 companies in total. The 15 companies are listed in Nepal Stock Exchange (NEPSE). Likewise, Ajod Insurance, General Insurance C...
How did life insurance sector perform during the Corona virus outbreak?
The life insurance companies have published their third quarter financial reports. Let’s look on the basis of each indicator. Financial overview: Number of policies: Num...
Credit Rating
| S.No | Symbol | Company Name | Product | Offering | Grade | Published Date |
|---|---|---|---|---|---|---|
| 1 | SICL | Shikhar Insurance Company Limited | Issuer Rating | NA | [ICRANP-IR] A (assigned) | 2020-05-15 |
| 2 | BHDCL | Bindhyabasini Hydropower Development Company Limited | Initial Public Offer | NPR 250 Million | CARE-NP IPO Grade 4+ [IPO Grade Four Plus] Assigned | 2020-02-19 |
| 3 | NICACL | NIC Asia Capital Limited | Fund Management Quality Rating (FMQR) | NA | [ICRANP] AMC Quality 3 (AMC 3); Reaffirmed | 2020-02-17 |
| 4 | 10PRVU84 | 10% Prabhu Bank Debenture 2084 | Subordinated Debenture (Prabhu Bank Debenture 2084) | NPR 2000 Million | CARE-NP BBB [Triple B] Assigned | 2020-02-14 |
| 5 | SALBSL | Sadhana Laghubitta Bittiya Sanstha Limited | Initial Public Offerings | NPR 70.78 Million | [ICRANP] IPO Grade 4+; assigned | 2020-02-11 |
| S.No | Symbol | Company Name | Product | Offering | Grade | Published Date |
|---|---|---|---|---|---|---|
| 1 | SAICL | Sanima General Insurance Limited | Issuer rating | NA | CARE-NP BB+ (Is) [Double B Plus (Issuer)] Assigned | 2020-04-22 |
| 2 | IGI | IME General Insurance Limited | Initial Public Offer | NPR 600 Million | CARE-NP IPO Grade 4 [IPO Grade Four] Assigned | 2020-04-02 |
| 3 | PCBL | Prime Commercial Bank Limited | Subordinated Debenture | NPR 3,500.00 Million | CARE-NP A- [Single A Minus] Assigned | 2020-03-03 |
| 4 | PCBL | Prime Commercial Bank Limited | Issuer Rating | NA | [CARE-NP] A- (Is) [Single A Minus (Issuer)] Assigned | 2020-03-02 |
| 5 | AHPC | Arun Valley Hydropower Development Company Limited | Rights Share Issue | NPR 998.3231 Million | CARE-NP IPO Grade 4+ [IPO Grade Four Plus] Assigned | 2020-02-26 |
Mergers & Acquisitions
| S.No | Name of Mergred Companies | Company Name | Sector | Action | Swap Ratio | Trading | Joint Date |
|---|---|---|---|---|---|---|---|
| 1 | Mega Bank Nepal Limited and Gandaki Bikas Bank Limited |
Mega Bank Nepal Limited | Commercial Bank | Acquisiton | 1:1 | No | 2020-06-24 |
| 2 | 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 | ||
| 3 | Unnati Microfinance Bittiya Sanstha Limited and Sahakarya Laghubitta Bittiya Sanstha Limited |
Unnati Sahakarya Laghubitta Bittiya Sanstha Limited | Non Category | Merger | No | ||
| 4 | Citizens Bank International Limited and Sahayogi Vikas Bank Limited |
Citizens Bank International Limited | Commercial Bank | Acquisiton | 1:0.9175 | Yes | 2020-06-24 |
| 5 | Prime Commercial Bank Limited and Kailash Bikas Bank Limited |
Prime Commercial Bank Limited | Commercial Bank | Acquisiton | 1:0.94 | No | 2020-03-01 |
| S.No | Name of Mergred Companies | Company Name | Sector | Action | MOU Date |
|---|---|---|---|---|---|
| 1 | Jeevan Bikas Laghubitta Bittiya Sanstha, Garibi Niunikaran Laghubitta Bittiya Sanstha and Solve Laghubitta Bittiya Sanstha |
Merger | |||
| 2 | Unique Nepal Laghubitta Bittiya Sanstha and Buddha Jyoti Laghubitta Bittiya Sanstha |
Acquisiton | |||
| 3 | Nepal Agro Laghubitta Bittitya Sanstha and Nesdo Sambridha Laghubitta Bittiya Sanstha Limited |
Nepal Agro Laghubitta Bittiya Sanstha Limited | Microfinance | Merger | 2019-10-04 |
| 4 | Prime Commercial Bank Limited and Lalitpur Finance Limited |
Prime Commercial Bank Limited | Commercial Bank | Acquisiton | 2019-06-08 |
| 5 | Aarambha Microfinance Bittiya Sanstha Limited and Chautari Laghubitta Bittiya Sanstha Limited |
Aarambha Chautari Laghubitta Bittiya Sanstha Limited | Microfinance | Merger | 2019-06-05 |
