August 12, 2026, Wednesday
English

People's Hydropower will sell 5 lakh shares of Upper Hewakhola

Main News Image

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.

mediabaaji add

Related News

Fall in the stock market in the first trading session of the week, turnover of 4.57 billion

Kathmandu. On Monday, the first day of trading of the week, the Nepal Stock Exchange NEPSE index decreased by normal points. According to NEPSE, the index decreased by 1.20 points to 2,684.33 points. Out of 13 sub-groups traded today, 8 sub-groups...

Paddy planting is slow due to low rainfall, only 11.33 percent of planting has been completed across the country

Kathmandu. Due to the lack of rain as expected, the pace of rice planting across the country has been slow this year. According to the latest data of the Department of Agriculture, only 11.33 percent of paddy planting has been completed across the...

9.43 points decline in NEPSE, turnover of 8.92 billion

Kathmandu. On the third trading day of the week, NEPSE index increased by 9.43 points to 2705.38. During the day, 201,641,883 shares of 324 companies were bought and sold, and 8,923,600,000 shares were traded. Today, while the share price of 82...

In the semi-annual review, the income-expenditure of the government is weak, the capital expenditure is limited to 12 percent

Kathmandu. In the half-yearly review of the current financial year 2082 and 83, both the income and expenditure of the government are seen to be weak. According to the Comptroller General's Office, the central government's income has been limited...

Shikhar Power's IPO allotment, 24 lakh 66 thousand applicants empty handed

Kathmandu. Shikhar Power Development Limited opened the sale to the general public from February 17th to 26th, and the IPO was distributed today on March 3rd by Global IME Capital Limited, the sales manager. The company got permission from the Nep...

NEPSE decreased by 28.92 points throughout the week, how much is the transaction on which day?

Kathmandu. This week, NEPSE index decreased by 28.92 points and reached 2642.15 points. The NEPSE, which closed at 2671.07 points last week, decreased by 28.92 points to 2642.15 points this week. The market was open for two trading days this week....