1,66,33,669(60.0%)
1,10,89,113(40.0%)
2,77,22,783
Neco Insurance Limited is a non-life (general) insurance company of Nepal, founded on December 16, 1994 and registered under the Companies Act, commencing operations on May 30, 1996 after receiving its license from the Insurance Board of Nepal. Its head office is located in Gyaneshwor, Kathmandu. It is promoted by government-owned commercial banks Rastriya Banijya Bank and Agriculture Development Bank, alongside other private and public companies. Its business segments include fire, marine, motor, aviation, engineering, micro, cattle and crop, and miscellaneous insurance, operating through a nationwide network of branches and outlets.
Neco Insurance Limited (NIL) is listed under "Non Life Insurance" sector at Nepal Stock Exchange (NEPSE) on March 30, 1998 with a market capitalization of NPR 15,24,47,58,371.7 (15.2 Arab) and a float market capitalization of NPR 6,09,79,03,238.7 (6.1 Arab). It has a total of 2,77,22,783 (2.8 Crore) listed shares, of which 1,66,33,669 (1.7 Crore) (60%) are promoter shares and 1,10,89,113 (1.1 Crore) (40%) are public shares.
Neco Insurance Limited (NIL) has a total market capitalization of NPR 15,24,47,58,371.7 (15.2 Arab) and a float market capitalization of NPR 6,09,79,03,238.7 (6.1 Arab). The book value stands at 226.33, resulting in a price-to-book value (PBV) of 2.43. The face value of each share is Rs. 100.
A total of 2,77,22,783 (2.8 Crore) shares of Neco Insurance Limited (NIL) are listed in NEPSE, of which 1,66,33,669 (1.7 Crore) (60%) are promoter shares and 1,10,89,113 (1.1 Crore) (40%) are public shares.
As of August 27, the latest trading price (LTP) of Neco Insurance Limited (NIL) is Rs. 549.9 (-10.1, -1.8%). Today, the stock opened at Rs. 556, reached a high of Rs. 556, and a low of Rs. 526. The previous closing price was Rs. 560, with a turnover of Rs. 7411742 and a trading volume of 13763 shares across 139 trades.
Over the past year, Neco Insurance Limited (NIL) has seen a 52-week high of Rs. 725 and a low of Rs. 526. The all-time high was Rs. 2300 on November 07, 2016, while the all-time low was Rs. 100 on August 28, 2012. The 120-day average price is Rs. 625.62, and the 180-day average is Rs. 624.43. The 1-year yield is currently -22.66%.
Neco Insurance Limited (NIL) has an earnings per share (EPS) of 10.4 and a P/E ratio of 52.87. The book value per share is 226.33, and the price-to-book value (PBV) is 2.43. The stock's 1-year yield is -22.66%, and its fiscal year data is reported for 082-083, Q4. The paid-up capital is Rs. 2,77,22,78,300.
