Investors who invest in the stock market have a complaint. The share price of the bank did not increase like others. At one time, NRB Governor Dr. Chiranjeevi Nepal had publicly complained about the low share price of the bank.
Finance companies have also beaten commercial banks on the basis of group indicators in the share market. The group index of finance companies is now 1942.51 and that of commercial banks is 1907.
Despite the Nepse index reaching 2856 points, investors of some commercial banks are still at a loss. Investors who bought shares of commercial banks at 1800 points during the last NEPSE bull are still at a loss.
Although the share market is in a bullish trend this time, it has not been seen in commercial banks yet. However, the share price of commercial banks has risen by at least Rs 100 compared to a year ago. However, the share price of a commercial bank has not increased like that of a hydropower company which did not fall to Rs 50 a year ago.
Mr. Ambika Prasad Poudel, known as a big investor in the stock market, says that the bullish trend will not end unless the share price of the commercial bank rises.
“Understood investors, now is the time to shift from Hydro, whether to do it or not is the investor’s choice,” Mr. Poudel told.
The banking group index rose by 50.25 points on Thursday alone. As the supply of shares has increased, it is almost impossible for the bank’s share price to rise by a large amount in a single day like other groups. However, on Thursday, the bank’s index rose by more points than usual.
Mr. Nirmal Pradhan, who is known as a big investor in the share market, says that the bank’s shares will be more secure.
“It is the choice of the investors. It cannot be said that there is a bullish trend in the market until the share price of the bank rises,” said Mr. Pradhan.
At present, 26 commercial banks are listed on the stock exchange. The share price of a commercial bank like a small institution cannot be cornered in the share market. The paid-up capital of a commercial bank is Rs 8 billion. Due to which the supply of commercial banks in the share market is more than that of the group.