Why is share price of Microfinances increasing for past few days?

ShareSansar caught up with the experts to know why the share price of Microfinances increasing for past few days. Here are some of the responses: Parmeshwor Bhakta Malla Malla and Malla Stock Broking  Company Private Limited (Broker Number 11) Microfinance has interest spread more than 20%which results in higher income. NRB has not brought any provision barring the interest spread of microfinances as promised. Instead there came a provision that The microfinances proposing more than 20% dividend (cash and/or bonus) is required to deposit 25% of dividend above 20% in Client Protection Fund. This has all contributed to the soaring share price of microfinances.   Rabindra Pd. Nuchhe Pradhan Premier Securities Company Limited (Broker Number 32) In my opinion the charm in microfinance sector has increased as microfinances are declaring dividends from the profit earned in the last fiscal year and their earning is also good in the first quarter of the ongoing fiscal year.   Bijay Prashad Lamichane Online Securities Private Limited (Broker Number 49) Attraction in microfinance sector has increased because for the following reasons: Microfinances have been declaring high dividends Book closure for AGM Political situation getting better Expectation of high dividends next year too