Compare stocks · Development Banks

MDB vs SHINE: Miteri Development Bank and Shine Resunga Development Bank compared

On 24 Sep 2026, MDB (Miteri Development Bank Limited) closed at Rs 560.00 and SHINE (Shine Resunga Development Bank Ltd.) at Rs 433.00. Over the past year, Rs 100 in MDB became Rs 92 and in SHINE Rs 113, adjusted for bonus shares.

SHINE is the larger company by market value, Rs 2,175 crore against Rs 682 crore. Cash dividends declared in the last 12 months yield 1.79% on MDB and 4.62% on SHINE at today’s price.

Close · 24 Sep 2026NEPSE published data, may be delayed

24 Sep 2026MDB Rs 100 → Rs 92 (close 560.00)SHINE Rs 100 → Rs 113 (close 433.00)

9010011024 Sep7 Apr24 SepMDB 92SHINE 113

Rs 100 in each on the first session of the window, adjusted for bonus shares. Cash dividends are not added back. To the close of 24 Sep 2026.

MDB and SHINE side by side. Nothing is marked better.
MDBMiteri Development Bank LimitedSHINEShine Resunga Development Bank Ltd.
SectorDevelopment BanksDevelopment Banks
Close, Rs560.00433.00
Today+0.88% up+0.91% up
Return, 1 month−0.18% down+12.22% up
Return, 1 year−8.50% down+12.59% up
52-week range530.50 to 705.80384.00 to 449.70
Market valueRs 682 crRs 2,175 cr
Cash dividend yield1.79%4.62%
Latest dividends2081/82: 10% cash, 0% bonus2082/83: 10% cash, 6% bonus
Traded, last 30 daysRs 15.41 crRs 65.84 cr

MDB and SHINE dividends, year by year

Dividends declared by MDB and SHINE by Nepali fiscal year, as a percentage of paid-up value
Fiscal yearMDBSHINE
2082/83none10% cash, 6% bonus
2081/8210% cash10% cash, 3% bonus
2080/810.5% cash, 9.508% bonus5% cash, 3% bonus
2079/800.5% cash, 9.5% bonus0.55% cash, 10.5% bonus
2078/790.65% cash, 12.35% bonus0.7% cash, 13.3% bonus

As a percentage of paid-up value, as declared. Every dividend by year.

P/E, earnings per share and book value are not in the web data. The Punji app compares those too.

MDB or SHINE: questions

Which is bigger, MDB or SHINE?
SHINE is larger by market value: Rs 2,175 crore, against Rs 682 crore for MDB, at the close of 24 Sep 2026. Market value is the share price times the shares listed.
Which has risen more over the past year, MDB or SHINE?
Rs 100 in MDB became Rs 92 (−8.50%), and Rs 100 in SHINE became Rs 113 (+12.59%), adjusted for bonus shares and without cash dividends added back. How a share moved in the past does not say how it will move next.
Which pays a higher dividend, MDB or SHINE?
MDB last declared 10% cash and 0% bonus for 2081/82; SHINE last declared 10% cash and 6% bonus for 2082/83. Dividends are a percentage of the paid-up value, not of today’s price, so the cash dividend yield in the table above is the comparable figure.
Should I buy MDB or SHINE?
Punji does not say. This page lines up the published figures for both and marks neither as better; what fits depends on what you hold, why and for how long.

Valuation and earnings are in the app

The Punji app compares P/E, earnings and book value as well, next to the companies you hold. Free on iOS and Android.