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
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...
Decision to provide free scholarships up to higher education for the children of those who lost their lives or went missing in the Bhotekoshi flood
Kathmandu. The Ministry of Education and Sports has moved forward with the process through a ministerial-level decision to provide full scholarships to the children of those who lost their lives or went missing in the devastating flood of 10 Bhada...
Demat accounts in Nepal crossed 77 lakhs, 26 percent were linked to stock market
Kathmandu. According to the Nepal Capital Market Development Roadmap, 2083 recently published by the Nepal Securities Board, the number of demat 9 beneficiary accounts in Nepal has reached 77 lakh 66 thousand five hundred and 65. Around 1.7 lakh d...
The price of the US dollar has crossed Rs. 152, and the euro and pound have also become more expensive
Kathmandu. Nepal Rastra Bank has determined the official foreign exchange rates for Wednesday. According to the new rates set by the central bank, the buying rate for one US dollar today has been fixed at Rs. 152.16 and the selling rate at Rs. 152...
Public debt reached 58 trillion
Kathmandu. The share of public debt in GDP has reached 47.13 percent. As the government took 28 trillion 78 billion rupees in public debt till the end of February of the current financial year, its ratio to GDP has increased. According to the Publ...
Rice production in the Far West: Area decreased, productivity increased
Kanchanpur. Paddy productivity has increased in recent years in Sudurpaschim Province. The Agriculture Development Directorate Sudurpaschim has said that the rice production has increased after the farmers started to b...



