Although most of the stock price of high weighted commercial banks are circulating at Rs 150 to Rs 500 per unit, stock price of few companies are running above Rs 10,000 per unit.
Based on the transaction on Monday, July 8, stock prices of five companies are trading above Rs 10,000. Moreover, one particular company is trading near Rs 50,000 per unit.
Unilever Nepal Ltd (UNL)
The most of expensive stock of domestic market is Unilever Nepal. The stock once traded at Rs 50,000 nowadays raking Rs 45,000 per unit. The company with Rs 92 million in paid-up capital always distribute lucrative dividend to its shareholders. the recent AGM of the company approved of increasing authorized capital to Rs 300 million.
Bottlers Nepal (Balaju) (BNL)
BNL is the second most expensive stock of the Nepalese stock market. The stock which was trading at Rs 2,000 few years back jumped to Rs 22,000 from mid 2023 to 2024 March. On Monday, the stock was traded at Rs 16,399. The company with rs 1.94 billion in paid-up capital has only 25 percent public shares. Given that the number of public shares are quite low, low supply and high demand is raising its price. The company has distributed 20 to 70 percent cash dividend to its shareholders.
Rastriya Beema Company Ltd (RBCL)
Non-life insurance company Rastriya Beema Company has only rs 266.6 million in paid-up capital. As per a directive of Nepal Insurance Authority, the company is required to meet minimum paid-up capital of Rs 2.50 billion. As the company has adequate reserve, investors are expecting that the company will raise capital by distributing stock dividend, therefore they are paying more to the stock. The company has Rs 16.79 billion in reserve. In recent days, the stock is trading around Rs 13,035 per unit.
Bottlers Nepal (Tarai) Ltd (BNT)
Bottlers Nepal (Tarai) is also one of the most expensive stock of domestic stock market. In recent days, the stock is being traded at Rs 12,700 per unit. The company has paid-up capital of Rs 1.21 billion with only 25 percent public shares.
Rastriya Beema Company Ltd (Promoter)
In domestic stock market, stock of insurance companies and bank and financial institutions are divided into two categories for trading. the stock price of promoter shares is comparatively low than ordinary shares. Due to low paid-up capital, the promoter share of the company also raked in Rs 10,379 per unit.
