
Nepal’s stock market closed slightly higher today as the NEPSE index gained 2.35 points to reach 2,836. Turnover exceeded NPR 7.63 billion.

Laxmi Sunrise Capital declared cash dividends for three of its mutual funds: Laxmi Unnati Fund (20%), Sunrise First Mutual Fund (14%), and Sunrise Focused Equity Fund (13.5%).

Balephi Hydropower has announced a 100% rights share issuance, offering shares in a 1:1 ratio to existing shareholders.

Prabhu Bank has launched an exclusive offering of over 1.23 million founder shares to its founding shareholders, aiming to balance ownership continuity with portfolio optimization.

NIC Asia Bank, in collaboration with NIC Asia Capital, will open subscriptions for its Equity Linked Investment Scheme from Shrawan 29, 2082, offering 100 million units at Rs. 10 each.

First Microfinance Company Limited reported a net profit of Rs. 131.7 million for FY 2080/81, down 6.34% year-on-year, as net interest income plunged by 31.81% and commission earnings also weakened.

Muktinath Mutual Fund-1, managed by Muktinath Capital, announced a 3.80% cash dividend (tax included) for the fiscal year 2081/82. The book closure date is set for Shrawan 30.

Nabil Mutual Fund, managed by Nabil Investment Banking and promoted by Nabil Bank, will issue 25 million units of its ‘NI 31’ scheme at Rs. 10 per unit from Shrawan 30.

Swabhimaan Laghubitta Bittiya Sanstha Limited posted a net profit of Rs. 72.3 million in the fourth quarter of the last fiscal year, an 819% rise from the previous year.

Swastik Laghubitta Bittiya Sanstha Limited will issue 194,115 shares at Rs. 100 per unit from Shrawan 30 to Bhadra 3, 2082, aiming to raise Rs. 19.41 million.

Daram Khola Hydro Energy Limited’s IPO witnessed overwhelming demand, attracting 2.37 million applications for over 28.25 million shares; 11.66 times more than the offered quantity.

Hotel Bhadgaon, a cultural heritage-inspired hospitality landmark in Bhaktapur, is set to issue 1.5 million IPO shares at NPR 100 each, raising NPR 150 million