Here are some of the blue chip stocks of Nepal in 2023 June:
- Nepal Telecom Limited (NTC): NTC is the largest telecommunications company in Nepal, with a market capitalization of over Rs. 100 billion. It is a monopoly in the fixed-line segment and has a significant share in the mobile segment.
- Sunrise Bank Limited (SBL): SBL is the largest commercial bank in Nepal, with a market capitalization of over Rs. 60 billion. It has a strong network of branches and ATMs across the country.
- Nabil Bank Limited ( Nabil): Nabil is the second-largest commercial bank in Nepal, with a market capitalization of over Rs. 50 billion. It has a strong presence in the corporate and retail banking segments.
- NMB Bank Limited (NMB): NMB is the third-largest commercial bank in Nepal, with a market capitalization of over Rs. 40 billion. It has a strong focus on the rural banking segment.
- Himalayan Bank Limited (HBL): HBL is the fourth-largest commercial bank in Nepal, with a market capitalization of over Rs. 30 billion. It has a strong focus on the SME banking segment.
- Everest Bank Limited (EB): EB is the fifth-largest commercial bank in Nepal, with a market capitalization of over Rs. 25 billion. It has a strong focus on the microfinance banking segment.
These stocks are considered to be blue chips because they are large, well-established companies with a long history of profitability. They are also relatively safe investments, as they are less likely to be affected by economic downturns.
However, it is important to note that all investments carry some risk. Before investing in any stock, it is important to do your own research and understand the risks involved.
Happy Investment !!! Dream8