List of 12 microfinance companies that hit positive circuit today

July 31, 2019 | Investopaper

After Nepse gained 3.39 points yesterday, the market continued its positive growth as the Nepse index gained 6.20 points today.  And the credit goes to the microfinance sector as 12 microfinance companies stock gained 10 percent hitting the positive circuit.   As a result, microfinance sub-index gained 3.49 percent today which is the highest among the sub-index gain.

The table below shows the list of 12 microfinance who made it to the top ten gainers list today. Another interesting thing is that 5 out of 12 microfinance companies on the list are those companies who issued IPO to the general public within the last one year period.


Name of Company Symbol LTP Point Change % Change
Civil Laghubitta Bittiya Sanstha CLBSL 550 50 10
Vijaya Laghubitta Bittiya Sanstha VLBS 572 52 10
Laxmi Laghubitta Bittiya Sanstha LLBS 793 72 9.99
Nepal Agro Laghubitta Bittiya Sanstha NAGRO 718 65 9.95
Nepal Sewa Laghubitta Bittiya Sanstha NSEWA 475 43 9.95
Asha Laghubitta Bittiya Sanstha ALBSL 476 43 9.93
Support Microfinance Bittiya Sanstha SMB 476 43 9.93
Ganapati Laghubitta Bittiya Sanstha GMFBS 609 55 9.93
Mahila Sahayatra Laghubitta Bittiya Sanstha MSMBS 521 47 9.92
Swabhimaan Laghubitta Bittiya Sanstha SMFBS 656 59 9.88

Likewise, Sparsha Laghubitta and Mithila Laghubitta also gained more than 9 percent today. The main reason for the surge in the microfinance sector stock lately is due to the disclosure of good financial reports. So, the investors are anticipating similar reports in the coming days from the microfinance companies who will publish the fourth-quarter report in the nearby days.



Investopaper is a financial website which provides news, articles, data, and reports related to business, finance and economics.

Leave a Reply

Your email address will not be published.

error: Content is protected !!