A COMPARATIVE ANALYSIS ON STOCK PRICE BEHAVIOR OF NEPALESE COMMERCIAL BANKS
| dc.contributor.advisor | Joginder Goet | |
| dc.contributor.author | Bishal Adhikari | |
| dc.date.accessioned | 2025-02-05T06:39:39Z | |
| dc.date.available | 2025-02-05T06:39:39Z | |
| dc.date.issued | 2024 | |
| dc.description.abstract | The stock market in Nepal is still in its developmental stages and requires support from various stakeholders to operate efficiently. It's crucial for the government to establish and enforce effective regulations to foster the growth of the stock market. Listed companies play a vital role by adhering to these regulations, promptly disclosing financial statements, avoiding rumors, and refraining from stock price manipulation. This study aims to evaluate the behavior of share prices, particularly focusing on the weak efficient market hypothesis, and determine whether successive price changes are independent or dependent on historical price changes, with a specific emphasis on the banking sector. The primary indicator of a company's profitability from the perspective of ordinary shareholders is the earnings per share (EPS). NABIL boasts the highest EPS at RS.61.912, while Nepal Investment Bank Limited has the lowest at Rs.33.18. Higher earnings typically correlate with better performance. However, there's noticeable fluctuation in dividend per share, with SCBNL offering the highest average dividend of Rs.50.712, while HBL offers the lowest at Rs.28.424. Investors inclined towards longterm investments often favor companies with higher dividend yields. All banks demonstrate healthy and positive price-to-earnings (P/E) multiples. However, the relationship between earnings and price exhibits mixed behavior, emphasizing the need for firms to strike a balance between dividends and retained earnings. Dividend distribution plays a crucial role in achieving organizational goals and satisfying shareholders. Decisions regarding dividends are typically made by the board of directors, considering factors like the cost of paying dividends versus retaining earnings. The allocation of profits between dividend payouts and retained earnings significantly impacts the market value of shares. Therefore, it's imperative for companies to adopt a prudent policy that aligns with both shareholders' interests and corporate objectives. Keywords: Market Price Per Share, Dividend Per Share, Price Earnings Ratio, Book Value Per Share, Return on Assets And Return on Equity | |
| dc.identifier.uri | https://hdl.handle.net/20.500.14540/23947 | |
| dc.language.iso | en_US | |
| dc.publisher | Shanker Dev Campus | |
| dc.title | A COMPARATIVE ANALYSIS ON STOCK PRICE BEHAVIOR OF NEPALESE COMMERCIAL BANKS | |
| dc.type | Thesis | |
| local.academic.level | Masters | |
| local.affiliatedinstitute.title | Shanker Dev Campus | |
| local.institute.title | Faculty of Management |