With The Preparation of the Dividend Announcement, The Share Price of Microfinance Increased,  But By how much? (along with LTP)

September 14th, 2023

Kathmandu : The share price of the operating microfinance companies has increased by a high number during the dividend payment. As the time for Microfinance to declare dividends is approaching, share prices are going up. Microfinance companies are going to distribute dividends from the profits of the last financial year.According to the Nepal Stock Exchange, on the last day of trading this week, 13 th Sep 2023, Wednesday, the stock market increased by 39/48 points and remained at the point of 2007/06.

With the stock market increasing by a high number, all sub-indicators are green. On Wednesday, the microfinance sub-index increased by 1.94 % or 3623/69 points. Out of the 54 microfinance companies that were traded in the microfinance sub-index on Wednesday, the share prices of 45 companies increased, while the share prices of 6 companies decreased and the shares of three companies were traded at their own value.

Based on the share trading of the microfinance company on Thursday, the share price of the independent microfinance company is the highest. During this period, the share price of the company has been traded at 2 thousand 40 rupeesNesdo Samridh Microfinance, which is on the second number, has traded at Rs.1,820 and Mahila Microfinance, which is on the third number, has traded at Rs.1,720.Among the microfinance companies traded on Wednesday, Samata domestic microfinance has grown the most by 9.86 % based on the growth rate.

In the second place , RSDC Microfinance, Saryodaya Womi Microfinance, Kisan Microfinance along with the share price of 45 microfinance institutions has increased by high percentage.Similarly, the share prices of 6 companies including Swabhiman Microfinance Financial Institution, Support Microfinance, BPW Microfinance, CYC Microfinance, Lakshi Microfinance have decreased. LTP report can be seen as below  ;

 

 

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