- Dish Media Network Rs 2.34 billion short and long term loan ratings reaffirmed by Care Ratings Nepal
- 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
- Best Finance Company convenes its 23rd AGM; gives continuity to the tenure of its two BoDs
- After successful merger with Trilok Laghubitta, Trading of Suryodaya Laghubitta Bittiya Sanstha will soon resume in NEPSE
- NEPSE has listed bonus shares of 4 companies as well as shares of Western Development bank post acquired by Deva Bikas Bank
- Landlords in Thamel agree to provide 50 percent discount on rent for up to six months to one year
- COVID-19: 473 new cases, tally climbs to 14,519 in the country
- Mahalaxmi Bikas Bank reaches out to 50 needy families in Pokhara; contributes Rs 50K in association wit Pokhara ward 9
- ADB approves $3 million grant to support Nepal against COVID-19
Featured
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
NIC Asia Laghubitta Bittiya Sanstha Limited had issued 47,55,000 units ordinary shares worth Rs 47.55 crore to the general public from Ashad 10, 2077. The closing date was on Ashad 14, 2077. Out...
Exclusive News
Life after Pandemic; What should be the lessons to learn from ongoing multidimensional crises?
The entire world at this moment stands at a precipice of a global shift, which will probably change the way we operate in the outside world, perhaps for years to come. The worldwide spread of the virus has managed to disseminate the economic, social, and political foundations upon which we have built our society. The urgency of the current situation has created an unprecedented environment for laws and legislations to be passed at rapid speed as countries try to get out of this pandemic with as little harm as possible. One thing I know for a fact is that the world after this pandemic will be very different from the one we left behind. The ch...
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
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Is Nepal Share Market in Technical Terms in Kangaroo Stage?
As there is saying – “No price is too low for a bear or too high for a bull.” We all know in a bull market there is a strong demand for stocks and this pushes th...
Our Capital Market system and ongoing economic shutdown; Does stock market closure really hold a lon...
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Announcement
- 2020-07-03 Siddhartha Bank Limited has published a notice regarding the new interest rate and its effective from 19th Ashad, 2077.
- 2020-07-03 National Microfinance Laghubitta Bittiya Sanstha Limited is distributing 75% bonus shares directly to DEMAT accounts of its shareholders and has urged to dematerialize their shares.
- 2020-07-03 Chhyangdi Hydropower Company Limited has posted a net profit of Rs 12.71 million during the 3rd quarter of the fiscal year 2076/77.
- 2020-07-03 Prudential Insurance Company Limited is closing it's 10:6 ratio 38,49,100 units right share to its shareholders from today (19th Ashad, 2077).
- 2020-07-02 NIC Asia Bank Limited has published a notice regarding new interest rate and its effective from 18th Ashad, 2077.
- 2020-07-02 Global IME Capital Limited has published a notice regarding the renewal of the Demat account.
- 2020-07-02 Mirmire Laghubitta Bittiya Sanstha Limited after the successful acquisition of Sweda Laghubitta Bittiya Sanstha Limited to commence its joint transactions in the name of Mirmire Laghubitta Bittiya Sanstha Limited from 21st Ashad, 2077.
- 2020-07-02 Prudential Insurance Company Limited is closing its ongoing 10:6 right shares on 19th Ashad, 2077.
- 2020-07-02 Neco Insurance Company Limited is distributing 8.16% cash dividend directly to bank accounts of its shareholders and has urged to dematerialize their shares.
- 2020-07-02 Nagarik Stock Dealer Company opens a vacancy for the post of Chief Executive Officer (CEO).
AGM - SGM
| Symbol | AGM | Book Closure | AGM Date | Fiscal Year |
|---|---|---|---|---|
| IGI | 22nd | 2020-02-24 | 2020-03-07 | 2075/2076 |
| JBNL | 10th | 2019-10-31 | 2019-11-18 | 2075/2076 |
| RRHP | 15th & 16th | 2019-12-02 | 2019-12-13 | 2075/2076 |
| KADBL | 10th | 2019-12-31 | 2020-01-14 | 2075/2076 |
| DLBS | 1st | 2020-01-14 | 2075/2076 | |
| NNLB | 11th | 2019-12-19 | 2020-01-04 | 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 | Coming Soon | |
| 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
- Landlords in Thamel agree to provide 50 percent discount on rent for up to six months to one year
- 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
- Civil Laghubitta's to convene 8th AGM on Ashad 26; book closure for AGM and 100% right issue is on Ashad 15
IPO News
- 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
- Another IPO is in offer; Ajod Insurance is issuing 30 lakh IPO shares to general public from Ashad 25
- IPO of NIC Asia Laghbubitta oversubscribed by 5.16 times, collected 4,12,332 applicants
- 3,41,745 plus investors applied for NIC Asia Laghubitta IPO till last day 11 AM; interested investors can apply till today
- NIC Asia Laghubitta closing IPO issue; interested investors are requested to apply before banking hours today
- 2,90,000 plus investors applied for NIC Asia Laghubitta IPO till third day 3:30 PM; issue closes on Ashad 14
- Sadhana Laghubitta issuing 7,07,800 units IPO share to general public from Ashad 21; issue closes on Ashad 24
- 1,99,000 plus investors applied for NIC Asia Laghubitta IPO till second day; Sanima Capital office to open on this Saturday
- IPO issue of NIC Asia Laghubitta subscribed by 1.57 times till 10 AM today; attracted 1,30,000 plus investors
Interviews
Let’s invest money for capital formation instead of buying sophisticated vehicles: Finance Minister Dr Khatiwada
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 maintain stability. Against this backdrop, Minister for Finance, who is also the Minister for Communications and Information Technology, Dr Yubaraj Khaitwada has talked to Rastriya Samachar Samiti (RSS) about the government measures to combat COVID-19, economic relief packages and other things that...
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...
“You don’t become a CEO simply to handle big files. You become a CEO to prepare your employees so that they ca...
1 year 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...
Auction Data
Recommended
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
2 months agoMarket 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 t...
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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 2020-07-02
| Sub-Indices | Open | High | Low | Close | Turnover | Point | % Change | 52 Week High | 52 Week Low |
|---|---|---|---|---|---|---|---|---|---|
| Banking Sub | 1,185.81 | 1,199.45 | 1,085.17 | 1,085.17 | 170,150,000 | -87.13 | -7.43 | 1,483.16 | 973.22 |
| Development Bank | 1,749.89 | 1,762.33 | 1,671.04 | 1,671.04 | 50,557,200 | -76.35 | -4.37 | 2,097.34 | 1,512.44 |
| Finance | 634.86 | 638.54 | 634.83 | 634.83 | 47,452,600 | -0.03 | 0.00 | 732.76 | 550.39 |
| Hotels | 1,455.57 | 1,455.57 | 1,348.89 | 1,348.89 | 1,299,130 | -128.37 | -8.69 | 2,154.02 | 1,348.89 |
| HydroPower | 974.26 | 986.18 | 924.82 | 924.82 | 9,513,440 | -34.95 | -3.64 | 1,234.56 | 850.25 |
| Life Insu | 8,016.55 | 8,071.20 | 7,321.96 | 7,321.96 | 84,757,600 | -608.61 | -7.67 | 9,993.55 | 4,814.83 |
| Manufacturing And Processing | 2,724.09 | 2,724.09 | 2,589.85 | 2,589.85 | 54,053,100 | -128.52 | -4.73 | 3,258.40 | 2,105.88 |
| Microfinance | 2,147.85 | 2,168.74 | 2,076.59 | 2,076.59 | 25,504,000 | -71.26 | -3.32 | 2,838.63 | 1,405.62 |
| Mutual | 9.61 | 9.61 | 9.61 | 9.61 | 9,655 | 0.01 | 0.10 | 11.07 | 8.95 |
| Non Life Insu | 5,659.35 | 5,733.14 | 5,481.04 | 5,481.04 | 111,571,000 | -178.31 | -3.15 | 7,682.90 | 3,936.49 |
| Others | 731.66 | 734.33 | 675.34 | 675.34 | 83,441,700 | -31.39 | -4.44 | 850.97 | 624.12 |
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
Citizen Investment Trust reports net profit of Rs 37.94 crore till Q3 of 2076/77; Earning per share stands at Rs 31
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 quarter of FY 2076/77, whereas the same figure stood at Rs 33.77 crore in the corresponding quarter of last FY. As of Chaitra end, 2076 the share capital of CIT stood at Rs 1.34 Arba and has Rs 16.55 crore in call in advance. Its net worth per share stood at Rs 208 till Chaitra end, 2076. Likewise, the earnings per share have also decreased from Rs 35 in the corres...
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...
Muktinath Bikas Bank leads among the development bank in the third quarter! Find out how development banks hav...
Development Banks are class ‘B’ BFI’s approved by the NRB to carry out banking business around the country. These development banks are classified into national l...
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 |
