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Latest NEPSE and Share Market News - Page 113

EPS on the Rise: Machhapuchchhre Bank Records Strong Financial Turnaround

Machhapuchchhre Bank's profit hit Rs 1.65 billion today, with EPS rising to Rs 18.30 after a sharp drop in impairment costs.

Nabil’s Q3 Milestone: Net Profit Surpasses Rs 6.5 Billion Mark

Nabil Bank reported a massive Rs 6.76 billion profit this quarter, significantly boosting its ability to reward shareholders.

Profit Surge: Nepal's Commercial Banks Report 19% Rise in Collective Earnings

Nabil Bank earned a record Rs 6.76 billion this quarter, while Kumari Bank saw a massive 1361% profit jump.

NEPSE Chairman Hemanta Basyal Resigns Mid-Tenure

Chairman Hemanta Basyal resigned Tuesday after meeting Finance Minister Dr. Swarnim Wagle, citing specific personal reasons for his departure.

A Break for Buyers: Gold Prices Shed Rs 3,000 in Sudden Shift

Gold and silver fell by Rs 3,000 and Rs 100 today, settling at Rs 297,500 and Rs 4,945 per tola.

Today's Forex: US Dollar Crosses Rs 151 as NRB Updates Exchange Rates

Nepal Rastra Bank (NRB) updates foreign exchange rates for Monday, with the US Dollar selling at Rs 151.10 and the Euro at Rs 177.07.

Nepal Bank’s Q3 Performance: Net Profit Climbs to Rs 2.79 Arba

Nepal Bank Limited (NBL) posts a net profit of Rs 2.79 Arba in Q3, bolstered by improved interest income and a significant reversal in impairment charges.

Everest Bank Q3 Update: Net Profit Hits Rs 3.33 Arba Amid Lending Surge

Everest Bank Limited (EBL) records a net profit of Rs 3.33 Arba for Q3, showing a slight 3.71% decline despite a significant 17.54% surge in lending.

Arun Kabeli Power Plans Rs 1.94 Billion Capital Hike via Right Shares

Arun Kabeli Power Limited (AKPL) receives preliminary approval from the Electricity Regulatory Commission to issue 1:0.5 right shares to repay loans and invest in new projects.

Laxmi Sunrise Capital to Launch 12-Year Closed-End Fund Next Month

Laxmi Sunrise Capital announces a new 12-year closed-end mutual fund scheme worth Rs 1.20 billion, opening for public subscription on May 13 (Baisakh 30).

Four Companies Hit Positive Circuit as NEPSE Rises

NEPSE gains 7.73 points to close at 2796.43, though daily turnover dipped to Rs 4.74 billion on Monday.

CDSC Board Appoints New Acting Executive

CDSC board appoints Kanchan Sapkota as Acting Chief following the removal of Pravin Pandak due to administrative policy concerns