# HRL vs NTC

[HRL](https://nepse.link/stocks/HRL) (Himalayan Reinsurance Limited) and [NTC](https://nepse.link/stocks/NTC) (Nepal Doorsanchar Company Limited) are two of the most traded Others stocks on NEPSE. Their numbers side by side, as of 2026-11-06, with results from q4 FY 082/083.

NTC is ahead of HRL on all 5 measures below. None of this is a recommendation; it is what the latest numbers say. NTC is the bigger company by market value (Rs 16,875.00 crore), 3.1 times HRL (Rs 5,515.51 crore).

## Which is ahead on each measure

- NTC is cheaper on price to book (1.7 against 4.4 for HRL).
- NTC has done better over a year (+10.9% against -37.7% for HRL).
- NTC declared the bigger latest dividend (30.00% for 081/082).
- NTC earns more on its equity (ROE 8.83% against -18.49%).
- NTC grew its net profit faster against the same quarter last year (+232.2% against -268.0% for HRL).

## HRL and NTC side by side

| Measure | HRL | NTC |
| --- | --- | --- |
| Last close | Rs 507.50 | Rs 937.50 |
| Change, 1 month | +3.00% | +3.94% |
| Change, 1 year | -37.73% | +10.95% |
| EPS | Rs -21.50 | Rs 49.25 |
| P/E | -23.6 | 19.0 |
| Book value per share | Rs 115.58 | Rs 557.54 |
| Price to book | 4.39 | 1.68 |
| ROE | -18.49% | 8.83% |
| Net profit growth, same quarter last year | -268.0% | +232.2% |
| Latest dividend | 4.74% (080/081) | 30.00% (081/082) |
| Market value | Rs 5,515.51 crore | Rs 16,875.00 crore |
| Average daily turnover, 30 days | Rs 5.30 crore | Rs 1.52 crore |

## Do they move together?

Over the last year their daily returns had a correlation of 0.24 (1 means they move in step, 0 means unrelated). That is low: their prices mostly move independently.

## More Others comparisons

- [HRL vs NRIC](https://nepse.link/stocks/compare/HRL-vs-NRIC)
- [HRL vs PURE](https://nepse.link/stocks/compare/HRL-vs-PURE)
- [HRL vs TTL](https://nepse.link/stocks/compare/HRL-vs-TTL)
- [NRIC vs NTC](https://nepse.link/stocks/compare/NRIC-vs-NTC)
- [NTC vs PURE](https://nepse.link/stocks/compare/NTC-vs-PURE)
- [NTC vs TTL](https://nepse.link/stocks/compare/NTC-vs-TTL)
- [Every Others stock](https://nepse.link/stocks/sector/others)

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.