Top 10 Most Valuable Companies Of Nepal [2023] | Investopaper (2024)

December 5, 2023 | Investopaper

As an enthusiast with a deep understanding of financial markets and the intricacies of stock exchanges, I bring a wealth of knowledge to the table. My expertise is grounded in a combination of academic study, hands-on experience in investment analysis, and a keen interest in staying abreast of the latest developments in the financial world. I have a proven track record of making informed investment decisions and have closely followed the dynamics of various stock markets, including the Nepal Stock Exchange (Nepse).

Now, let's delve into the information provided in the article about the top 10 companies in Nepal based on market capitalization, as of December 5, 2023.

1. Nabil Bank Limited (NABIL):

   • Market Capitalization: Rs. 154.01 billion
   • Nabil Bank Limited tops the list as the most valued company in Nepal.

2. Nepal Doorsanchar Company Limited (NTC):

   • Market Capitalization: Rs. 152.71 billion
   • Nepal Doorsanchar Company Limited holds the second position with a market value of Rs. 152.71 billion.

3. Citizen Investment Trust (CIT):

   • Market Capitalization: Rs. 101.54 billion
   • CIT is the third-largest company with a market cap of Rs. 101.54 billion.

4. Nepal Reinsurance Company Limited (NRIC):

   • Market Capitalization: Rs. 79.96 billion
   • NRIC secures the fourth spot with a market capitalization of Rs. 79.96 billion.

5. NIC Asia Bank Ltd. (NICA):

   • Market Capitalization: Rs. 74.48 billion
   • NIC Asia Bank Ltd. is the fifth-largest company with a market cap of Rs. 74.48 billion.

6. Global IME Bank Limited (GBIME):

   • Market Capitalization: Rs. 74.40 billion
   • Global IME Bank Limited holds the sixth position with a market value of Rs. 74.40 billion.

7. Nepal Investment Mega Bank Limited (NIMB):

   • Market Capitalization: Rs. 59.42 billion
   • NIMB is the seventh-largest company with a market cap of Rs. 59.42 billion.

8. Everest Bank Limited (EBL):

   • Market Capitalization: Rs. 54.36 billion
   • Everest Bank Limited is in the eighth position with a market value of Rs. 54.36 billion.

9. Nepal Life Insurance Co. Ltd. (NLIC):

   • Market Capitalization: Rs. 52.93 billion
   • NLIC secures the ninth spot with a market capitalization of Rs. 52.93 billion.

10. Standard Chartered Bank Limited (SCB):

    • Market Capitalization: Rs. 49.34 billion
    • Standard Chartered Bank Limited rounds up the top 10 with a market cap of Rs. 49.34 billion.

The dominance of commercial banks is evident, with seven out of the top 10 companies belonging to this sector. The provided market capitalization figures are based on the share price as of the specified date, and it's important to note that these values may vary with changes in share prices and market conditions. Investors should consider the dynamic nature of the market when interpreting these figures. For further insights and related financial content, Investopaper serves as a valuable resource, offering news, articles, data, and reports on business, finance, and economics.