# NIFRA vs NRN

[NIFRA](https://nepse.link/stocks/NIFRA) (Nepal Infrastructure Bank Limited) and [NRN](https://nepse.link/stocks/NRN) (NRN Infrastructure and Development Limited) are two of the most traded Investment stocks on NEPSE. Their numbers side by side, as of 2026-11-06, with results from q1 FY 083/084.

NIFRA is ahead of NRN on 4 of the 5 measures below. None of this is a recommendation; it is what the latest numbers say. NIFRA is the bigger company by market value (Rs 5,313.60 crore), 2.1 times NRN (Rs 2,483.21 crore).

## Which is ahead on each measure

- NIFRA is cheaper on price to book (2.2 against 8.2 for NRN).
- NIFRA has done better over a year (-4.9% against -9.8% for NRN).
- NRN declared the bigger latest dividend (42.10% for 081/082).
- NIFRA earns more on its equity (ROE 2.74% against -0.12%).
- NIFRA grew its net profit faster against the same quarter last year (-20.2% against -111.6% for NRN).

## NIFRA and NRN side by side

| Measure | NIFRA | NRN |
| --- | --- | --- |
| Last close | Rs 246.00 | Rs 1,381.00 |
| Change, 1 month | +1.65% | +1.40% |
| Change, 1 year | -4.94% | -9.77% |
| EPS | Rs 3.08 | Rs -4.32 |
| P/E | 79.9 | -319.7 |
| Book value per share | Rs 112.38 | Rs 169.23 |
| Price to book | 2.19 | 8.16 |
| ROE | 2.74% | -0.12% |
| Net profit growth, same quarter last year | -20.2% | -111.6% |
| Latest dividend | 5.26% (082/083) | 42.10% (081/082) |
| Market value | Rs 5,313.60 crore | Rs 2,483.21 crore |
| Average daily turnover, 30 days | Rs 1.68 crore | Rs 4.93 crore |

## Do they move together?

Over the last year their daily returns had a correlation of 0.59 (1 means they move in step, 0 means unrelated). That is moderate: they often move the same way, but not always.

## More Investment comparisons

- [CHDC vs NIFRA](https://nepse.link/stocks/compare/CHDC-vs-NIFRA)
- [CHDC vs NRN](https://nepse.link/stocks/compare/CHDC-vs-NRN)
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- [HIDCL vs NIFRA](https://nepse.link/stocks/compare/HIDCL-vs-NIFRA)
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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.