Stock News - Page 3
SEBON Chief Pledges Market Reforms, Short Selling and New Securities Act Amid NEPSE Decline
With the NEPSE index falling to around 2,650 and nearly 18% below its record high of 3,227, SEBON Chairman Dr. Gopal Bhatt has pledged stronger market reforms, investor protection, short selling and intraday trading mechanisms.
Upper Solu Hydro Reports 84.41% Profit Growth, EPS Rises to Rs. 15.46
Upper Solu Hydro Electric Company Limited (USHEC) has reported an 84.41% year-on-year increase in net profit to Rs. 20.87 crore in Q4 FY 2082/83, supported by lower finance costs despite modest growth in electricity sales revenue.
Tehrathum Power Reports 288.40% Surge in Net Profit, EPS Rises to Rs. 11.17
Tehrathum Power Company Limited (TPC) has reported a 288.40% year-on-year jump in net profit to Rs. 8.93 crore in Q4 FY 2082/83, supported by higher electricity sales revenue and a sharp decline in finance costs.
Snow Rivers Reports 241.50% Surge in Net Profit, EPS Rises to Rs. 11.93
Snow Rivers Limited (SNORL) has reported a 241.50% year-on-year increase in net profit to Rs. 11.18 crore in Q4 FY 2082/83, supported by a sharp rise in electricity sales revenue.
Q4 Update: Makar Jitumaya Suri’s Net Profit Surges 67.57%
Makar Jitumaya Suri Hydropower Limited (MAKAR) has reported a strong improvement in profitability in Q4 FY 2082/83, with net profit rising 67.57% to Rs. 7.82 crore. The growth was mainly supported by lower financial expenses and a significant reduction in long-term debt.
Q4 Update: Panchthar Power Swings to Rs. 8.51 Crore Profit
Panchthar Power Company Limited (PPCL) has returned to profitability in Q4 FY 2082/83, reporting a net profit of Rs. 8.51 crore compared to a loss of Rs. 6.17 crore in the previous fiscal year. The company’s electricity sales revenue also jumped to Rs. 37.78 crore following the resumption of power generation.
SEBON Unveils White Paper to Transform Nepal’s IPO Market
The securities regulator has introduced a long-term roadmap to modernize Nepal’s primary capital market through market-based pricing, institutional participation, digitalization, and stronger investor protection.
SEBON Forms High-Level Task Force to Reform Nepal's Primary Market
The Securities Board of Nepal (SEBON) has formed a high-level task force to improve transparency, efficiency, and investor confidence in the country's primary capital market through regulatory and procedural reforms.
SEBON Begins Process to Introduce Margin Lending, Short Selling in Nepal's Capital Market
The Securities Board of Nepal has released a consultation paper on margin lending, securities lending and borrowing, and short selling, marking a major step toward modernizing the country's capital market.
SEBON Unveils New IPO Financial Review Standards, Plans Primary Market White Paper
Nepal's securities regulator has introduced new financial review standards for IPOs and announced plans to publish a Primary Market White Paper to improve transparency and strengthen investor confidence.
SEBON Cancels Fixed Deposit Investment Process
The Securities Board of Nepal (SEBON) has cancelled its previously announced process to invest endowment funds and other investable resources in fixed deposit accounts, citing special circumstances.
United Ajod Insurance Opens Auction of 26,974 Promoter Shares to General Public
United Ajod Insurance Limited has invited bids from individual investors, companies, and institutions for 26,974 promoter shares through a 35-day public auction.