NEPSE Witnesses Robust NPR 3.84 Billion Turnover, Hydro Power Sector Dominates Amidst Mixed Market Signals
Kathmandu, Nepal – February 1, 2026 – The Nepal Stock Exchange (NEPSE) concluded today's trading session with a significant turnover, reflecting a day of heightened activity across various sectors. The market recorded an impressive total turnover of NPR 3,841,516,167.96, driven by a volume of 8,928,368 units traded across 46,283 transactions involving 309 scrips. While the overall liquidity remained strong, the market presented a mixed bag of performances, with notable sectoral dominance and varied individual stock movements.
Market Summary: High Liquidity, Divergent Trends
Today's trading day on NEPSE was characterized by robust participation, as evidenced by the substantial turnover figure. This level of activity suggests continued investor interest and confidence in the Nepalese capital market, despite the absence of specific index movement data for this report. The high number of transactions and scrips traded indicates a broad-based engagement from investors, spreading across a wide array of companies listed on the exchange. However, a deeper dive into individual stock performances reveals a nuanced picture, with both significant gains and losses observed among actively traded companies, pointing towards a day of selective buying and profit-booking.
Sectoral Performance: Hydro Power Steals the Spotlight
The Hydro Power sector once again emerged as the undisputed leader in terms of market activity, commanding an overwhelming share of the day's turnover. With a staggering NPR 2,103,775,439.60 in turnover, Hydro Power alone accounted for over 54% of the total market's trading value. This continued dominance underscores the sector's strong appeal to investors, possibly fueled by expectations of future dividends, expansion projects, or a perceived defensive nature in the current economic climate.
Following Hydro Power, the Manufacturing And Processing sector secured the second position with a turnover of NPR 507,292,526.20, indicating healthy interest in industrial and consumer goods companies. Development Banks and Commercial Banks also saw significant activity, recording turnovers of NPR 256,925,692.70 and NPR 185,571,160.80 respectively. The Finance sector contributed NPR 173,030,205.10, maintaining its relevance in the market. Other sectors like Hotels And Tourism, Investment, Life Insurance, and Microfinance also contributed to the overall market liquidity, albeit with smaller turnovers compared to the leading sectors.
Top Performers and Market Movers
Today's trading saw a diverse set of companies leading in terms of turnover, along with notable gainers and losers. SY Panel Nepal Limited (SYPNL) topped the turnover chart, despite closing in the red, highlighting significant trading volume. Union Hydropower Limited (UNHPL) and Shiva Shree Hydropower Ltd (SSHL) were prominent gainers, reflecting the strength within the hydro sector. Conversely, SYPNL and Shreenagar Agritech Industries Limited (SAIL) faced significant selling pressure.
Top 10 Turnover Leaders
| Symbol | Company Name | Turnover (NPR) | Last Price | Change (%) |
|---|---|---|---|---|
| SYPNL | SY Panel Nepal Limited | 280,258,158.30 | 1826.00 | -5.88 |
| UNHPL | Union Hydropower Limited | 271,587,265.80 | 509.00 | +3.88 |
| RADHI | Radhi Bidyut Company Ltd | 207,246,884.70 | 845.00 | -1.74 |
| SSHL | Shiva Shree Hydropower Ltd | 204,323,988.30 | 206.00 | +5.10 |
| AKJCL | Ankhu Khola Jalvidhyut Company Ltd | 154,441,471.30 | 306.50 | -1.76 |
| NGPL | Ngadi Group Power Ltd. | 115,913,463.60 | 424.60 | -1.26 |
| HDHPC | Himal Dolakha Hydropower Company Limited | 112,805,230.50 | 207.00 | -2.82 |
| BANDIPUR | Bandipur Cablecar and Tourism Limited | 95,643,643.10 | 1047.00 | -3.06 |
| SAIL | Shreenagar Agritech Industries Limited | 89,881,207.50 | 1340.50 | -3.56 |
| NABBC | Narayani Development Bank Limited | 57,644,358.40 | 1584.00 | +0.25 |
Top Gainers (from Turnover Leaders)
| Symbol | Company Name | Last Price | Change (%) |
|---|---|---|---|
| SSHL | Shiva Shree Hydropower Ltd | 206.00 | +5.10 |
| UNHPL | Union Hydropower Limited | 509.00 | +3.88 |
| NABBC | Narayani Development Bank Limited | 1584.00 | +0.25 |
Top Losers (from Turnover Leaders)
| Symbol | Company Name | Last Price | Change (%) |
|---|---|---|---|
| SYPNL | SY Panel Nepal Limited | 1826.00 | -5.88 |
| SAIL | Shreenagar Agritech Industries Limited | 1340.50 | -3.56 |
| BANDIPUR | Bandipur Cablecar and Tourism Limited | 1047.00 | -3.06 |
| HDHPC | Himal Dolakha Hydropower Company Limited | 207.00 | -2.82 |
| AKJCL | Ankhu Khola Jalvidhyut Company Ltd | 306.50 | -1.76 |
Technical Outlook and Investor Sentiment
Given the mixed performance of top-traded stocks and the strong sectoral concentration in Hydro Power, the broader market sentiment appears to be one of cautious optimism coupled with selective profit-booking. Without specific NEPSE index data, it's challenging to pinpoint exact support and resistance levels for the overall market. However, the high turnover suggests that liquidity remains robust, which is a positive sign. Investors should monitor key psychological levels for the NEPSE index in the coming days. A strong breach above immediate resistance could signal renewed bullish momentum, while a slip below support might indicate further consolidation or correction. The current environment favors a stock-specific approach, emphasizing fundamental strength and technical indicators of individual companies rather than broad market trends.
Conclusion: A Day of High Activity and Sectoral Focus
February 1, 2026, proved to be a high-activity day for the Nepal Stock Exchange, marked by a significant turnover exceeding NPR 3.84 billion. The Hydro Power sector's overwhelming dominance in trading volume and value was the defining feature of the day, reflecting sustained investor confidence and interest in this segment. While the market witnessed notable gains in some stocks, key players also experienced pullbacks, leading to a mixed sentiment. Investors are advised to conduct thorough research, focusing on company-specific fundamentals and future growth prospects, especially in the highly active Hydro Power sector. Prudent portfolio management and a long-term perspective will be crucial in navigating these dynamic market conditions.