Expert research on NEPSE stocks, sectors, IPOs, and macroeconomic trends — backed by data, powered by Lagani Buddy AI.
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NEPSE spiked to 2,679 within the first minute of trading after the government's 21-point reform plan, then gave back nearly all of it within a day. Here's what the week actually looked like, and the three dates that will show whether the reform has real teeth.
Construction cost per MW for Nepali hydropower has grown 15 to 35 times since the oldest plants were built, while NEA's PPA rate per unit has grown only 1.2 to 1.5 times. What that mismatch means for older, cheap-cost-basis plants versus newly commissioned projects.
NEPSE is down 13.6% from its March 2026 high. A look at the last four corrections since 2024 shows this one is running longer than the historical pattern, likely tied to an unresolved SEBON money-laundering probe hitting insurance stocks hardest.
The golden cross correctly flagged Nepal's 2020–21 bull run and the death cross warned of the 2022 crash — but on NEPSE, these signals hit roughly 60% accuracy, are typically 4–8 weeks late, and completely fail in sideways markets driven by NRB policy announcements. This research examines every major crossover event on NEPSE since 2014 and tells you the conditions under which these signals are actually worth acting on.
Gold has turned Rs. 32,000 into Rs. 296,000 per tola over 15 years — a 9.3x return at 16.4% CAGR — while NEPSE's price-only index returned just 6.2x, but that number completely ignores the dividends that push total NEPSE returns to an estimated 12–15x for patient investors. The honest answer to which asset won depends on whether you held through two 35%+ crashes, and most Nepali retail investors didn't.
Most NEPSE retail investors apply for IPOs based on hype, not analysis — but every prospectus approved by SEBON contains the financial data needed to make a real decision. This framework walks you through the five pillars that separate a smart IPO application from a lottery ticket.
Nepal's microfinance sector grew at 26.5% CAGR over five years — but sector NPL has tripled to 7.2%, 23 out of 48 MFIs earn less than 1% return on assets, and one institution is already under NRB corrective action. The growth story isn't over, but it's entering a painful reset that will separate the survivors from the casualties.
Nabil Bank has posted record profits for five straight years — but its ROE has quietly slipped from 15% to 11%, and gross NPL has ballooned from 0.48% to 4.27% post-merger. We dig into the numbers to answer the real question: is NABIL's premium valuation still earned?
NEPSE spiked to 2,679 within the first minute of trading after the government's 21-point reform plan, then gave back nearly all of it within a day. Here's what the week actually looked like, and the three dates that will show whether the reform has real teeth.
Construction cost per MW for Nepali hydropower has grown 15 to 35 times since the oldest plants were built, while NEA's PPA rate per unit has grown only 1.2 to 1.5 times. What that mismatch means for older, cheap-cost-basis plants versus newly commissioned projects.
NEPSE is down 13.6% from its March 2026 high. A look at the last four corrections since 2024 shows this one is running longer than the historical pattern, likely tied to an unresolved SEBON money-laundering probe hitting insurance stocks hardest.
The golden cross correctly flagged Nepal's 2020–21 bull run and the death cross warned of the 2022 crash — but on NEPSE, these signals hit roughly 60% accuracy, are typically 4–8 weeks late, and completely fail in sideways markets driven by NRB policy announcements. This research examines every major crossover event on NEPSE since 2014 and tells you the conditions under which these signals are actually worth acting on.
Gold has turned Rs. 32,000 into Rs. 296,000 per tola over 15 years — a 9.3x return at 16.4% CAGR — while NEPSE's price-only index returned just 6.2x, but that number completely ignores the dividends that push total NEPSE returns to an estimated 12–15x for patient investors. The honest answer to which asset won depends on whether you held through two 35%+ crashes, and most Nepali retail investors didn't.
Most NEPSE retail investors apply for IPOs based on hype, not analysis — but every prospectus approved by SEBON contains the financial data needed to make a real decision. This framework walks you through the five pillars that separate a smart IPO application from a lottery ticket.
Nepal's microfinance sector grew at 26.5% CAGR over five years — but sector NPL has tripled to 7.2%, 23 out of 48 MFIs earn less than 1% return on assets, and one institution is already under NRB corrective action. The growth story isn't over, but it's entering a painful reset that will separate the survivors from the casualties.
Nabil Bank has posted record profits for five straight years — but its ROE has quietly slipped from 15% to 11%, and gross NPL has ballooned from 0.48% to 4.27% post-merger. We dig into the numbers to answer the real question: is NABIL's premium valuation still earned?
Lagani Pro publishes research on companies listed on NEPSE. This includes fundamental analysis, sector studies, IPO reviews, and macroeconomic case studies. Reports usually cover valuation ratios like P/E and P/B, earnings history, dividend record, and how much of the company is owned by promoters versus the public.
Yes — research articles are free to read once you create a free Lagani Pro account. Some of the deeper reports are limited to Pro and Growth plan subscribers.
New articles come out regularly. This includes sector analysis, IPO reviews before new listings, and case studies around earnings season and major events on the Nepal Stock Exchange.
Research on Lagani Pro comes from two places. Some reports are written by analysts. Others come from Lagani Buddy, our AI assistant, which looks at NEPSE company filings, price history, and Nepal's macroeconomic data.
Yes. IPO reviews look at the company's financials, where it sits in its sector, and its valuation before it lists on NEPSE. This is meant to help investors decide whether to apply.
Yes. Ask Lagani Buddy, Lagani Pro's AI assistant, for a fundamental analysis or valuation comparison of any NEPSE-listed stock. This works on every plan, including free.