People's Hydropower will sell 5 lakh shares of Upper Hewakhola
Kathmandu. People's Hydropower Company Limited has announced plans to sell five lakh shares of Upper Hewakhola Hydropower Company Limited through the stock market. In the notice issued by the company, it is mentioned that the shares will be traded through the regular secondary market system.
According to the company management, due to immediate financial needs, a decision has been taken to reduce the portion of the investment. It is said that the amount received from the sale of owned shares will be used to strengthen the company's cash flow. The company has informed that the market movement, price situation and the overall investment environment will be taken into consideration while proceeding with the process of share trading.
Express
Related News
Preparation of price adjustment to prevent shortage of essential medicines, demand for automated system
Kathmandu. The government has started the price adjustment process to solve the frequent shortage of essential medicines. Due to the lack of price review for a long time, the supply of some life-saving medicines in the market is being affected due...
Fuel prices have increased from India, but will not increase immediately in Nepal
Kathmandu. Indian Oil Corporation IOC has increased the price of petroleum products sold to Nepal. According to the new price list sent by IOC to Nepal Oil Corporation on Wednesday, petrol per liter has increased by Rs 20.44 paise, diesel by Rs. S...
What is the foreign currency exchange rate for Wednesday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 141 rupees 56 paisa and the selling rate is 142...
What is the foreign currency exchange rate for Monday?
Kathmandu. Nepal Rastra Bank has announced the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at Rs 152.08 and the selling rate at Rs 152.68. Similarly, the buying rate of Eu...
Petrol reduced by Rs 4 per litre
Kathmandu. Nepal Oil Corporation has reduced the prices of petrol, diesel, kerosene and jet fuel. According to the latest decision of the corporation, the price of petrol has been reduced by Rs 4 per liter and the price of diesel and kerosene has...
DDC to Purchase More Than 60,000 Litres of Milk Daily from Small Farmers: Tripartite Agreement Signed
Kathmandu: A tripartite agreement has been signed between the National Cooperative Federation for Agriculture, Sana Kisan Bikas Laghubitta Bittiya Sanstha Ltd., and the Dairy Development Corporation (DDC) to purchase and sell more than 60,000 litr...



