29 Stocks that surged by more than 50% in 2020
February 16, 2020 | Investopaper
The Nepse index has climbed by massive 175.09 points in a period of one and a half month period starting from the new year 2020. The Nepse index was on 1169.50 points on January 1, 2020. Nepse index closed on 1344.59 points this Thursday.
Also Read: Online Share Trading In Nepal: How To Buy & Sell Shares?
In the period of one month, the turnover amount has indicated that the investors are hugely attracted to the sharemarket. They have showered a huge amount in the share market in recent times. Investors have shown their confidence in the stock market and the same trend is expected to continue in the coming days too.
As an investor, you would be interested to know which shares grew the most during this period. The table below shows the list of stocks whose share price rose by more than 50 percent during the same period. The table is dominated by the stocks of microfinance and insurance companies.
You May Also Like: Mero Share Login: Every Thing You Can Do With Mero Share
LIST OF 29 COMPANIES GAINING MORE THAN 50 PERCENT
S.N. | Traded Companies | Initial Price (Jan1, 2020) | Closing Price (Feb.13,2020) | Difference | %change | Remarks |
1 | Civil Laghubitta Bittiya Sanstha Ltd. | 570 | 1115 | 545 | 95.61 | |
2 | Support Microfinance Bittiya Sanstha Ltd. | 544 | 1010 | 466 | 85.66 | |
3 | Mithila LaghuBitta Bittiya Sanstha Limited | 474 | 872 | 398 | 83.97 | |
4 | Gurans Laghubitta Bittiya Sanstha Limited | 455 | 825 | 370 | 81.32 | |
5 | Nepal Seva Laghubitta Bittiya Sanstha Ltd. | 482 | 840 | 358 | 78.63 | 2.5 percent bonus* |
6 | Nerude Laghubita Bikas Bank Limited | 480 | 839 | 359 | 74.79 | |
7 | Gurans Life Insurance Company Ltd. | 460 | 794 | 334 | 72.61 | |
8 | Swarojgar Laghu Bitta Bikas Bank Ltd. | 561 | 960 | 399 | 71.12 | |
9 | Vijaya laghubitta Bittiya Sanstha Ltd. | 652 | 1100 | 448 | 68.71 | |
10 | Ganapati Microfinance Bittiya Sanstha Limited | 579 | 976 | 397 | 68.57 | |
11 | NLG Insurance Company Ltd. | 605 | 698 | 93 | 67.94 | 60 percent right* |
12 | Sabaiko Laghubitta Bittiya Sanstha Ltd. | 556 | 931 | 375 | 67.45 | |
13 | Sparsha Laghubitta Bittiya Sanstha Ltd. | 573 | 959 | 386 | 67.36 | |
14 | Swadeshi Laghubitta Bittiya Sanstha Ltd. | 577 | 962 | 385 | 66.72 | |
15 | Prudential Insurance Co. Ltd. | 439 | 514 | 75 | 64.81 | 60 percent right* |
16 | Everest Insurance Co. Ltd. | 265 | 436 | 171 | 64.53 | |
17 | Laxmi Laghubitta Bittiya Sanstha Ltd. | 714 | 1167 | 453 | 63.45 | |
18 | NMB Microfinance Bittiya Sanstha Ltd. | 575 | 935 | 360 | 62.61 | |
19 | Samata Microfinance Bittiya Sanstha Ltd. | 515 | 795 | 280 | 62.09 | 5 percent bonus* |
20 | Global IME Laghubitta Bittiya Sanstha Ltd. | 875 | 1412 | 537 | 61.37 | |
21 | Asian Life Insurance Co. Limited | 378 | 606 | 228 | 60.32 | |
22 | Infinity Laghubitta Bittiya Sanstha Limited | 551 | 880 | 329 | 59.71 | |
23 | Prime Life Insurance Company Limited | 368 | 587 | 219 | 59.51 | |
24 | Lumbini General Insurance Co. Ltd. | 335 | 523 | 188 | 56.12 | |
25 | Asha Laghubitta Bittiya Sanstha Ltd | 496 | 763 | 267 | 53.83 | |
26 | Ghodighoda Laghubitta Bittiya Sanstha Ltd. | 604 | 924 | 320 | 52.98 | |
27 | Surya Life Insurance Company Limited | 308 | 471 | 163 | 52.92 | |
28 | Swabhimaan Laghubitta Bittiya Sanstha Ltd. | 877 | 1076 | 199 | 52.62 | 24 percent bonus* |
29 | Mahila Sahayatra Microfinance Bittiya Sanstha Ltd. | 557 | 846 | 289 | 51.89 |
*The calculation has been done after adjustment of right and bonus share for the 5 companies.
You May Also Like: Major Factors Influencing The Share Market Of Nepal