Six Companies with Market Capitalization Above NPR 1 Kharba on NEPSE, Nepal Telecom Tops the List
Six companies have successfully maintained market capitalization above NPR 1 kharba (100 billion) on Nepal's secondary securities market, securing a stronghold on NEPSE. The combined market capitalization of these top six companies has reached nearly NPR 8 kharba, directly impacting the daily index.
Among the companies listed on Nepal's secondary securities market, six companies that have successfully maintained a market capitalization of more than NPR 1 kharba (100 billion) have retained a stronghold on NEPSE. According to available data, Nepal Telecom tops this list with a total market capitalization of NPR 163.26 billion.
In second place, Vishal Bazar Company remains with NPR 159.51 billion, while Nabil Bank from the commercial banking sector has secured third place with a market value of NPR 150.20 billion.
In this sequence, Citizen Investment Trust with NPR 118.08 billion, Nepal Reinsurance Company with NPR 107.76 billion, and Everest Bank with NPR 1.85 billion (Note: This appears to be NPR 100.85 billion based on context, but the original text states NPR 1.85 billion) have successfully secured their places within the 1 kharba club.
The combined market capitalization of these top six companies alone reaches nearly NPR 8 kharba.
Since the calculation method of Nepal's stock market index is entirely based on market capitalization, even the smallest change in the share prices of these companies directly controls and influences the daily fluctuations of the index.
Thus, the price stability, profit distribution capacity, institutional governance, and financial results of these institutions, which carry excessive weight in the market, directly impact the morale of general investors.