ACLBSL Stock Dips by 0.63% Amid Active Trading on June 12

ACLBSL Navigates the Microfinance Tide

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By
Rabindra Bhattrai
Rabindra Bhattarai is a respected finance expert, widely known for his contributions to Nepal’s capital market through research, and authorship on stock market investment and financial...
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Highlights
  • ACLBSL drops 0.63%, closes at NPR 1,029.52 amid active trading.
  • Over 36.71 lakh shares traded, with a turnover of NPR 36.71 crore.

The stock price of Asha Laghubitta Bittiya Sanstha Ltd. (ACLBSL) experienced a modest decline of 0.63% on June 12, closing at NPR 1,029.52, down by NPR 6.48 from the previous trading day.

The microfinance company’s trading session remained active with a volume of 36.71 lakh shares traded across 3,274 transactions, amounting to a total turnover of NPR 36.71 crore. The day’s high touched NPR 1,047.6, while the low dropped to NPR 1,026.5. The stock opened at NPR 1,036 and closed near its day’s low, reflecting slight selling pressure.

ACLBSL currently holds a market capitalization of NPR 3.77 Arba with a paid-up capital of NPR 1.51 Arba. The company recently published its Q3 financials for FY 2081/82, reporting an earnings per share (EPS) of NPR 46.7, a net worth per share of NPR 147.28, and a price-to-earnings (P/E) ratio of 22.27. The Return on Equity (ROE) and Return on Assets (ROA) stood at 7.06% and 2.98%, respectively.

With the microfinance sector facing fluctuating investor sentiment, today’s dip may be a result of profit booking or cautious trading after recent gains. Despite the drop, ACLBSL remains one of the more actively traded stocks in the sector.

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Rabindra Bhattarai is a respected finance expert, widely known for his contributions to Nepal’s capital market through research, and authorship on stock market investment and financial management.
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