# GVL vs TAMOR

[GVL](https://nepse.link/stocks/GVL) (Green Ventures Limited) and [TAMOR](https://nepse.link/stocks/TAMOR) (Sanima Middle Tamor Hydropower Limited) are two of the most traded Hydro Power stocks on NEPSE. Their numbers side by side, as of 2026-11-06, with results from q4 FY 082/083.

TAMOR is ahead of GVL on 5 of the 6 measures below. None of this is a recommendation; it is what the latest numbers say. TAMOR is the bigger company by market value (Rs 1,996.17 crore), 1.0 times GVL (Rs 1,921.56 crore).

## Which is ahead on each measure

- GVL is cheaper on P/E (42.9 against 46.5 for TAMOR).
- TAMOR is cheaper on price to book (4.4 against 4.5 for GVL).
- TAMOR has done better over a year (+27.4% against +8.0% for GVL).
- TAMOR declared the bigger latest dividend (5.26% for 082/083).
- TAMOR earns more on its equity (ROE 37.84% against 10.41%).
- TAMOR grew its net profit faster against the same quarter last year (+591.9% against +20.6% for GVL).

## GVL and TAMOR side by side

| Measure | GVL | TAMOR |
| --- | --- | --- |
| Last close | Rs 559.00 | Rs 599.00 |
| Change, 1 month | +12.93% | +8.93% |
| Change, 1 year | +7.96% | +27.36% |
| EPS | Rs 13.02 | Rs 51.57 |
| P/E | 42.9 | 46.5 |
| Book value per share | Rs 124.42 | Rs 136.01 |
| Price to book | 4.49 | 4.40 |
| ROE | 10.41% | 37.84% |
| Net profit growth, same quarter last year | +20.6% | +591.9% |
| Latest dividend | 0.00% (081/082) | 5.26% (082/083) |
| Market value | Rs 1,921.56 crore | Rs 1,996.17 crore |
| Average daily turnover, 30 days | Rs 10.84 crore | Rs 10.77 crore |

## Do they move together?

Over the last year their daily returns had a correlation of 0.44 (1 means they move in step, 0 means unrelated). That is moderate: they often move the same way, but not always.

## More Hydro Power comparisons

- [API vs GVL](https://nepse.link/stocks/compare/API-vs-GVL)
- [API vs TAMOR](https://nepse.link/stocks/compare/API-vs-TAMOR)
- [GHL vs GVL](https://nepse.link/stocks/compare/GHL-vs-GVL)
- [GHL vs TAMOR](https://nepse.link/stocks/compare/GHL-vs-TAMOR)
- [GVL vs PHCL](https://nepse.link/stocks/compare/GVL-vs-PHCL)
- [PHCL vs TAMOR](https://nepse.link/stocks/compare/PHCL-vs-TAMOR)
- [Every Hydro Power stock](https://nepse.link/stocks/sector/hydro-power)

Data from the Nepal Stock Exchange, refreshed four times a day by [nepse.link](https://nepse.link/about). Prices are adjusted for bonus and right shares. Not investment advice.