Market Capitalization Of Development Banks In Nepal
September 6, 2021 | Investopaper
The market capitalization of a company refers to the total market value of the outstanding shares of that company. So, basically the market capitalization (also known as market cap or market value) of a company is obtained by multiplying the market price per share to the number of outstanding shares of that company. This calculation will help you to determine the size and the strength of the company in the market.
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Market capitalization can be helpful to diversify your portfolio because it is essential to pick different sized companies to minimize the risk associated with your investment. One of the basic features of blue-chip stocks is large market capitalization. On the other hand, the company with small market capitalization can become the most valuable companies in your portfolio if they become successful. But they have a high risk compared to large-cap companies.
Market cap is also a useful metric to determine the changing position of a company in the stock market either it be large, medium or small companies. Likewise, it also reflects the overall market behavior and sentiment too. For instance, when the total market cap of a Nepalese stock market increases on a daily basis for a time period, it is understandable that the market is on an upward trend and vice versa.
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Market Capitalization Of Development Banks In Nepal
The table below presents the development banks along with the share price, listed shares and the market capitalization.
| S.N. | Stock Name | Stock Symbol | No. Of Listed Shares | Share Price (Rs.) | Market Capitalization (Rs ‘Arba’) |
| 1 | Muktinath Bikas Bank Ltd. | MNBBL | 48,115,508 | 689 | 33.15 |
| 2 | Garima Bikas Bank Limited | GBBL | 36,759,126 | 576.1 | 21.18 |
| 3 | Jyoti Bikas Bank Limited | JBBL | 38,448,228 | 507 | 19.49 |
| 4 | Mahalaxmi Bikas Bank Ltd. | MLBL | 33,424,028.00 | 575 | 19.22 |
| 5 | Kamana Sewa Bikas Bank Limited | KSBBL | 26,519,640 | 652 | 17.29 |
| 6 | Shine Resunga Development Bank Ltd. | SHINE | 34,084,640 | 495 | 16.87 |
| 7 | Lumbini Bikas Bank Ltd. | LBBL | 29,064,536 | 578 | 16.80 |
| 8 | Shangrila Development Bank Ltd. | SADBL | 27,369,724 | 457 | 12.51 |
| 9 | Excel Development Bank Ltd. | EDBL | 8,111,213 | 935 | 7.58 |
| 10 | Miteri Development Bank Limited | MDB | 7,973,770 | 726 | 5.79 |
| 11 | Corporate Development Bank Limited | CORBL | 4,100,000 | 920 | 3.77 |
| 12 | Saptakoshi Development Bank Ltd | SAPDBL | 8,343,385.00 | 415 | 3.46 |
| 13 | Karnali Development Bank Limited | KRBL | 5,300,100 | 488.1 | 2.59 |
| 14 | Sindhu Bikash Bank Ltd | SINDU | 5,574,561 | 463 | 2.58 |
| 15 | Green Development Bank Ltd. | GRDBL | 5,190,000 | 436 | 2.26 |
| 16 | Narayani Development Bank Limited | NABBC | 1,312,338 | 962.1 | 1.26 |
| 17 | Sahara Bikas Bank Ltd. | SHBL | 2,722,707 | 460 | 1.25 |
Note:
The share price is of September 5, 2021 [Bhadra 20, 2078 BS]. The total listed shares of the banks is of Mid-July 2021 [Ashad end, 2078 BS]. At current, the share price as well as listed shares may vary along with the market capitalization.
Conclusion
From the above table, we know that Muktinath Bikas Bank is the top development bank of Nepal in terms of market capitalization. Also the leader among the development banks, Muktinath Bikas Bank has a market value of Rs 33.15 Arba (As of Bhadra 20, 2078 BS). It is followed by Garima Bikas Bank with Rs 21.18 Arba market capitalization. Similarly, Sahara Bikas Bank has the lowest market value of Rs 1.25 Arba.
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What is the scam of CORBL???Applied 1:1.5 right share i.e. 30 lakhs kitta and actual listed shares are only 20 lakh kitta.But in their financial report they are showing 41 lakhs kitta.isn’t it illigal???