October 6, 2018 07:25 PM NPT
KATHMANDU, Oct 6: Nepal Telecom has been ranked number one by the market capitalization among the 10 best-performing companies selected by the Nepal Stock Exchange.
The state-owned telecommunication service provider has the market capitalization worth over Rs 110 billion. Nabil Bank has been ranked second with the market capitalization worth more than Rs 75.8 billion followed by Nepal Investment Bank in the third place with Rs 68 billion worth of market capitalization.
Likewise, Standard Chartered Bank has secured the fourth position with the market capitalization worth over Rs 55.2 billion, while Everest Bank is in the fifth rank with over Rs 50.6 billion of market capitalization.
Similarly, Himalayan Bank is placed in the sixth position with market capitalization worth over Rs 43.8 billion, while Nepal Life Insurance is in the seventh position with Rs 41 billion worth of market capitalization. Nepal SBI Bank has got the eighth position with market capitalization worth over Rs 39.5 billion followed by NIC Asia Bank in the ninth position with over Rs 34.1 billion and NMB Bank in the tenth position with market capitalization worth over Rs 30.6 billion. RSS