Table of Contents
Top Losers — Nepal Exchange March 31, 2026
| Symbol | Company | LTP (Rs) | Change (%) | Volume | Sector |
|---|---|---|---|---|---|
| SAPDBL | Saptakoshi Development Bank Ltd | 954.40 | -8.96% | 102,465 | Dev. Bank |
| RIDI | Ridi Power Company Ltd. | 367.80 | -3.21% | 1,305,100 | Hydropower |
| DLBS | Dhaulagiri Laghubitta | 1,340.30 | -2.80% | 1,109 | Microfinance |
| CZBIL | Citizen Bank International | 215.10 | -2.67% | 151,781 | Banking |
| NHPC | National Hydro Power Co. | 293.00 | -2.66% | 1,080,550 | Hydropower |
SAPDBL — Near-Circuit Decline of 8.96%
Saptakoshi Development Bank Ltd (SAPDBL) was the session's most notable decliner, falling 8.96% to Rs 954.40 with 102,465 shares traded. This is close to the 10% lower circuit limit and represents significant selling pressure. The Development Bank sub-index as a whole closed up 0.90%, meaning SAPDBL's decline was stock-specific rather than sector-wide.
Investors should monitor SAPDBL's next session performance closely. If it stabilizes and bounces, the 8.96% drop may represent an overreaction. If it continues to fall toward the lower circuit, more downside may be ahead.
RIDI — The Paradox of High Turnover and Falling Price
Ridi Power Company (RIDI) presents an interesting market dynamics study. It was simultaneously the biggest decliner in Hydropower (-3.21% to Rs 367.80) and the highest-turnover stock of the entire market (Rs 484.81M, 1,305,100 shares). This combination — high volume sell-off — is a classic distribution pattern where institutional or large holders are using strong market liquidity to exit positions.
The Rs 484.81M in RIDI turnover alone represents a significant portion of NEPSE's total daily trade. The fact that this massive activity resulted in a 3.21% price decline — not a gain — is a bearish signal for RIDI in the near term.
Other Notable Decliners
NHPC — 2.66% Fall with Heavy Volume
National Hydro Power Company (NHPC) fell 2.66% to Rs 293.00 with 1,080,550 shares traded — similarly to RIDI, heavy volume accompanied the decline, suggesting active distribution. NHPC at Rs 293 is approaching the psychologically important Rs 290 support level.
CZBIL — Banking Sector's Weak Link
Citizen Bank International (CZBIL) fell 2.67% to Rs 215.10, standing out as the Banking sector's biggest loser while the Banking sub-index itself gained 0.76%. This divergence implies stock-specific selling pressure rather than a banking-wide issue.
Outlook for Today's Declining Stocks
Stocks in the losers list often warrant closer analysis before investing. Key signals to watch:
- SAPDBL: Watch for stabilization above Rs 930-940. A bounce from those levels would suggest the sell-off was an overreaction.
- RIDI: The distribution pattern at high volume needs to resolve. Support at Rs 350-360 is critical.
- NHPC: Rs 290 is key support. A break below could accelerate selling.
- CZBIL: Rs 210 is the next key support level for this banking stock.
FAQs
Which stock fell the most on NEPSE March 31, 2026?
SAPDBL fell 8.96% to Rs 954.40 — the biggest single-day decline of the session.
Why did RIDI fall despite its high turnover?
High turnover with price decline indicates distribution — more sellers than buyers at current prices.
What is NHPC's stock price today?
NHPC closed at Rs 293.00 on March 31, 2026, down 2.66%.
Is CZBIL a buying opportunity after today's fall?
CZBIL fell to Rs 215.10. Whether it's a buy depends on your own analysis; this article does not constitute investment advice.
What caused SAPDBL's near-circuit decline?
SAPDBL fell 8.96% on March 31, 2026. Investors should check company announcements for specific catalysts.