- Market completes a perfect week after gaining double digit points today; eight companies hit the positive circuit
- RMDC Laghubitta to close books on Poush 11, 2076 for 21st AGM; 25% dividend to be endorsed
- Shine Resunga becomes first national level development bank of Province 5; Capital at Rs 2.62 arba
- ICRA Nepal assigns LBB- and A4 rating to the long term and short term loans of Dordi Khola Jal Bidyut Company
- Only three days remaining to apply fro right shares of Lumbini General Insurance and NMB laghubitta; Issuing 20% and 150% rights respectively
- United Insurance to auction 1.57 lakh units promoter shares from Poush 03; Minimum bid rate and quantity at Rs 100 and 1000 units respectively
- Pokhara Finance to convene AGM on Poush 18; Major agenda to approve 7% bonus and 7.2% cash dividend
- Last day to grab shares of Aarambha Laghubitta to be eligible for 7.38% bonus share; AGM on Poush 09
- Nepal Finance begins operation from today; Official notice published
- Himalaya Airlines resumes direct flights to Malaysia
Featured
Govt announces cash prizes to SAG medalists
The government has announced cash prize to the gold medal winners of the 13th South Asian Games that came to a close on Tuesday. Prime Minister KP Sharma Oli made the announcement at a programme organ...
Exclusive News
Will You Trust Me If I Say Rs. 100 Can Make You Very Rich?
How do you feel when I say Rs. 100 is actually worth Rs. 1,00,00,000? Are you rolling your eyes and silently calling me foolish? It is actually worth Rs.1,04,35,837 in exact figures. However, this is only possible with a few conditions applied. If your Rs. 100 is invested in a good growth company that is compounding at the rate of 26% per annum, then the figure of Rs. 1,04,35,837 is possible over the span of 50 years of rigorous compounding. Even if this explanation looks confusing and misleading, I can explain a way for you to turn a Rs. 100 into a mere certainty of Rs. 1,00,00,000! Make sure to read this whole article to know what I'm aimin...
Look at the sector-wise list of all companies that have declared dividends for FY 75/76; which secto...
The main objective of a public company is to maximize shareholders wealth making sure that the laws laid downs are followed and ethical practice exists. To keep the shareholders sa...
Find out mutual funds' choice of investment for the last month! Rs 20 crores invested in primary sha...
There are 18 mutual funds in the country currently. Out of 18, Siddhartha Equity Oriented Scheme (SEOS), Siddhartha Investment Growth Scheme (SIGS1), Nabil Balance Fund (NBF1) and&...
How relevant is annualizing EPS based on first quarter reports of commercial banks? Analysis of expe...
The Earnings per Share (EPS) published by the companies in their quarterly reports is one of the most accurate financial indicator of the companies’ current and expected perf...
Find out the quarterly status of life insurance companies! An exclusive comparative analysis!
The life insurance companies have published their first quarter financial reports. Let’s look on the basis of each indicator: Financial overview: Number of policies: Num...
Announcement
- 2019-12-12 Himalayan General Insurance Company Limited has shifted its Head office location to Bhaktithapa Sadak, Thapagaun, House Number - 576, Kathmandu from today (26th Poush, 2076).
- 2019-12-12 NMB Bank Limited has published its audited annual financial highlights of the fiscal year 2075/76.
- 2019-12-12 NMB Bank Limited has announced its 24th AGM going to be held on 24th Poush, 2076.
- 2019-12-12 Mahalaxmi Bikas Bank Limited has published its annual financial highlights of the fiscal year 2075/76.
- 2019-12-12 United Insurance Company (Nepal) Limited is selling its 1,57,649 units promoter share in an auction to the general public from (3rd to 10th Poush, 2076).
- 2019-12-12 Mahalaxmi Bikas Bank Limited has published its 18th AGM minute.
- 2019-12-12 Pokhara Finance Limited has announced its 23rd AGM going to be held on 18th Poush, 2076.
- 2019-12-12 Arun Valley Hydropower Development Company Limited has announced its 22nd AGM going to be held on 23rd Poush, 2076.
- 2019-12-12 Asian Hydropower Limited has announced its 1st AGM going to be held on 18th Poush, 2076.
- 2019-12-12 Vijayadeep Laboratories Limited has announced its 21st AGM going to be held on 20th Poush, 2076.
AGM - SGM
| Symbol | AGM | Book Closure | AGM Date | Fiscal Year |
|---|---|---|---|---|
| HDL | 19th | 2019-12-01 | 2019-12-17 | 2075/2076 |
| SAMAJ | 1st | 2019-11-15 | 2075/2076 | |
| GMFBS | 3rd | 2019-12-04 | 2019-12-20 | 2075/2076 |
| KRITI | 8th | 2019-12-20 | 2075/2076 | |
| SANGAY | Annual General Meeting | 2019-12-08 | 2019-12-18 | 2075/2076 |
| NLG | 13th | 2019-09-11 | 2019-09-25 | 2075/2076 |
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
- Only three days remaining to apply fro right shares of Lumbini General Insurance and NMB laghubitta; Issuing 20% and 150% rights respectively
- Pokhara Finance to convene AGM on Poush 18; Major agenda to approve 7% bonus and 7.2% cash dividend
- Last day to grab shares of Aarambha Laghubitta to be eligible for 7.38% bonus share; AGM on Poush 09
- Manjushree Finance proposes 11.55% dividend; 1.75% bonus and 9.80% cash dividend
- Sanima Mai Hydropower proposes 10% bonus; AGM on Poush 27 and Book closure on Poush 07
- Deprosc Laghubitta proposes 45% dividend; 30% bonus and 15% cash dividend
- NMB Bank's book closure on Poush 04, 2076; AGM to endorse 35% dividend
- Lumbini Bikas Bank proposes 20% dividend; Paid-up capital to reach Rs 2.71 arba after bonus adjustment
- Shareholders of Taragaon Regency Hotel to get 12% cash dividend; decision to be endorsed in upcoming AGM
- Naya Nepal Laghubitta proposes 20% bonus with Book Closure on Poush 03; Adds 100% rights on capital after M&A
IPO News
- Shiva Shree Hydropower allots IPO to valid applicants; Dispute with underwriters not solved yet
- Sadhana Laghubitta to convene AGM on Poush 12; Agenda to issue 50% right after IPO issuance
- Ajod Insurance to convene AGM on Poush 11, 2076; Major agenda to float IPO
- Sadhana Laghubitta appoints Global IME Capital as the issue manager for its IPO; Capital to reach Rs 21 crore after IPO
- Himalayan Hydropower Limited proposes IPO worth Rs.22.50 Crore; issue added to SEBON pipeline
- Nepal Infrastructure to convene AGM on Mangsir 29; IPO of Rs 8 arba to come
- 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
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”
1 month 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";...
3 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...
11 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...
11 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
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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 | 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 2019-12-12
| Sub-Indices | Open | High | Low | Close | Turnover | Point | % Change | 52 Week High | 52 Week Low |
|---|---|---|---|---|---|---|---|---|---|
| Banking Sub | 1,047.12 | 1,049.85 | 1,043.68 | 1,048.97 | 160,600,000 | 1.21 | 0.12 | 1,214.35 | 936.83 |
| Development Bank | 1,586.29 | 1,592.84 | 1,578.72 | 1,589.01 | 171,100,000 | 0.70 | 0.04 | 1,647.45 | 1,400.96 |
| Finance | 570.87 | 573.29 | 569.86 | 572.27 | 59,988,700 | 2.20 | 0.39 | 643.11 | 550.39 |
| Hotels | 1,840.18 | 1,843.31 | 1,824.73 | 1,839.30 | 1,603,520 | -3.70 | -0.20 | 2,248.03 | 1,674.22 |
| HydroPower | 947.96 | 1,004.18 | 940.27 | 976.22 | 52,134,000 | 27.97 | 2.95 | 1,377.29 | 901.64 |
| Life Insu | 5,520.27 | 5,855.03 | 5,510.67 | 5,794.55 | 107,756,000 | 270.99 | 4.91 | 7,242.33 | 4,814.83 |
| Manufacturing And Processing | 2,211.07 | 2,212.86 | 2,166.08 | 2,166.08 | 11,898,400 | -44.23 | -2.00 | 2,879.94 | 1,930.18 |
| Microfinance | 1,675.83 | 1,699.11 | 1,659.86 | 1,663.45 | 155,852,000 | -8.19 | -0.49 | 1,699.11 | 1,253.85 |
| Mutual | 9.23 | 9.34 | 9.23 | 9.33 | 221,539 | 0.08 | 0.86 | 10.15 | 8.95 |
| Non Life Insu | 4,372.71 | 4,732.04 | 4,372.71 | 4,704.75 | 242,414,000 | 291.79 | 6.67 | 6,214.65 | 3,936.49 |
| Others | 671.40 | 671.40 | 657.48 | 660.02 | 5,202,740 | -3.01 | -0.45 | 781.90 | 624.12 |
| Trading | 538.79 | 538.79 | 511.86 | 511.86 | 4,869,310 | -19.01 | -3.58 | 545.20 | 226.03 |
Weekly Analysis
Analysis
All sub-indices rises this week with Life Insurance sector winning the race; Nepal Life Insurance and NMB Bank among most traded companies (Weekly Wr...
NEPSE Index gained 19.13 points (1.72%) in the trading week between 1st December to 5th December. This week market opened at 1112.79 points and made a high of 1134.93 on Thursday but closed at 1131.92 points. Candlestick pattern: Four green candlesticks and one red candlestick was formed this week. Exponential Moving Average: We have used EMA's of 5 days' time period (blue line), 20 days' time period (red line). Recently, NEPSE Index is above both 5 days EMA and 20 days EMA. Values above moving average signals for bullishness but still n...
NEPSE index 1.26% away from 52-week low; Trading sector fall sharply; Weekly Wrap Up of the NEPSE
NEPSE Index lost by 7.81 points (0.70%) in the trading week between 24th November to 28th November. This week market opened at 1120.60 points and made a low 1102.46 on Monday but c...
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NEPSE Index gained by 3.98 points (0.35%) in the trading week between 10th November to 14th November. This week market opened at 1131.97 points and made a high of 1147.74 on Monday...
NEPSE index decline by 14.20 points this week; Prabhu and NMB Bank has highest turnover; Weekly Wrap Up of the...
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Company Analysis
Analysis
Ngadi Group Power reports annualized EPS of Rs 23.69 for Q1 of 2076/77; Net profit at Rs 3.17 crore
Ngadi Group Power Limited (NGPL) has reported an increase in net profit in the first quarter of the FY 2076/77. According to the unaudited financial report published, the net profit has increased to Rs.3.17 Crore from Rs.2.76 Crore in the corresponding quarter of the previous fiscal year 2075/76. NGPL has made an income of Rs.5.35 Crore from power sale by the end of the first quarter of FY 2076/77. Its retained earnings amounts to Rs.9.65 Crore till Q1 of FY 2076/77 and its share capital stands at Rs.53.55 Crore. The company has consortium l...
Nepal SBI Bank shares Annual Progress for FY 2075/76; improvement in key efficiency parameters highlighted
Nepal SBI Bank Limited (SBI) organized a press meet on 5th December, 2019 and shared its Annual Progress for FY 2075/76. The bank highlighted improvements in the bank’s key e...
Find out mutual funds' choice of investment for the last month! Rs 20 crores invested in primary shares!
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How relevant is annualizing EPS based on first quarter reports of commercial banks? Analysis of expected again...
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Credit Rating
| S.No | Symbol | Company Name | Product | Offering | Grade | Published Date |
|---|---|---|---|---|---|---|
| 1 | ADBL | Agricultural Development Bank Limited | Subordinated Debenture Programme | NPR 2,500 million | [ICRANP] LA (assigned) | 2019-11-25 |
| 2 | SANIMA | Sanima Bank Limited | Subordinated Debenture Programme | NPR 4,000 million | [ICRANP] LA (assigned) | 2019-11-25 |
| 3 | SANIMA | Sanima Bank Limited | Issuer Rating | NA | [ICRANP-IR] A (upgraded) | 2019-11-25 |
| 4 | SANIMA | Sanima Bank Limited | Subordinated Debenture Programme | NPR 370 Million | [ICRANP] LA (upgraded) | 2019-11-25 |
| 5 | SANIMA | Sanima Bank Limited | Subordinated Debenture Programme | NPR 1,355 Million | [ICRANP] LA (upgraded) | 2019-11-25 |
| 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 | Global IME Bank Limited and Janata Bank Nepal Limited |
Global IME Bank Limited | Commercial Bank | Merger | 1:0.85 | No | |
| 3 | Saptakoshi Development Bank Limited and Kabeli Bikas Bank Limited |
Saptakoshi Development Bank Limited | Development Bank | Acquisiton | Yes | 2019-06-12 | |
| 4 | Prime Commercial Bank Limited and Kankai Bikas Bank Limited |
Prime Commercial Bank Limited | Commercial Bank | Acquisiton | 100:71.50 | Yes | 2019-09-01 |
| 5 | Tinau Development Bank Limited and Mission Development Bank Limited |
Tinau Mission Development Bank Limited | Development Bank | Merger | 1:1 | Yes | 2019-06-27 |
| 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 | Citizens Bank International Limited and Sahayogi Vikas Bank Limited |
Citizens Bank International Limited | Commercial Bank | Acquisiton | 2019-07-07 |
| 5 | Suryodaya Laghubitta Bittiya Sanstha Limited and Trilok Laghubitta Bittiya Sanstha Limited |
Merger |
