Know Nepal Grameen Bikas Bank Average Prices at the different level with yearly Top Broker in terms of Buyer and Seller (Exclusive Study)
Sun, Oct 22, 2017 7:20 AM on Latest, Exclusive, Financial Analysis, Featured, Stock Market,
Nepal Grameen Bikas Bank Limited (NGBBL) is a national-level microfinance development bank based in Butwal, formed in 2014 by the merger of 5 microfinance companies viz Purwanchal Grameen Bikas Bank, Madhyamanchal Grameen Bikas Bank, Paschimanchal Grameen Bikas Bank, Madhya Paschimanchal Grameen Bikas Bank and Sudur Paschimanchal Grameen Bikas Bank Limited.
Nepal Grameen Bikas Bank had issued 9,75,000 units shares worth Rs 9.75 crore as part of its futher public offering (FPO) from Bhadra 27, 2074 to Bhadra 31, 2074. The FPO was issued at a face value of Rs 100 per share i.e. without adding any premium to the par value. Similarly, NGBBL FPO allotment concludes on 17 October 2017; 97,500 applicants allotted with 10 kitta shares through lottery, 3,791 applications were invalid.
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NGBBL Average Prices (Rs.) at the different level
The graphs depict NGBBL average prices at the different level and the share price is in the range between Rs.679 – Rs.773, also the LTP Rs.708/- falls under this price range. Therefore, the new NGBBL FPO shareholder can easily sell their share at the price above Rs.700/- at the current market scenario, only if he/she desired or for those who just wants to book their profit.
The last trading price of NGBBL is Rs.708/- which falls at the STEP 3indicating the hold signal. The best buying price is below Rs.500/- and the best selling price is above Rs.1,000/-. For the NGBBL investors, it’s the holding period and better sold above 1000/-.
Top Broker Buyer and Seller involved with NGBBL at yearly high price Rs.1050/-
On 2 August and 3 August 2017, NGBBL has reached its yearly high price i.e. Rs.1050/- with 585 total number of transactions and 1,40,743 total shares traded and Rs.14.13 Cr total traded amount.
Sani Securities Company Limited, Broker no 42, buy the maximum number of NGBBL shares i.e 35,613 at the highest price.
ABC Securities Pvt. Limited, Broker no. 17, sell the maximum number of shares i.e 20,694 at the highest price.
There could be four strategies that can be taken as per yearly price movement of NGBBL and their signals are as follow:
The graphs depict NGBBL average prices at the different level and the share price is in the range between Rs.679 – Rs.773, also the LTP Rs.708/- falls under this price range. Therefore, the new NGBBL FPO shareholder can easily sell their share at the price above Rs.700/- at the current market scenario, only if he/she desired or for those who just wants to book their profit.
The last trading price of NGBBL is Rs.708/- which falls at the STEP 3indicating the hold signal. The best buying price is below Rs.500/- and the best selling price is above Rs.1,000/-. For the NGBBL investors, it’s the holding period and better sold above 1000/-.
Top Broker Buyer and Seller involved with NGBBL at yearly high price Rs.1050/-
On 2 August and 3 August 2017, NGBBL has reached its yearly high price i.e. Rs.1050/- with 585 total number of transactions and 1,40,743 total shares traded and Rs.14.13 Cr total traded amount.
Sani Securities Company Limited, Broker no 42, buy the maximum number of NGBBL shares i.e 35,613 at the highest price.
ABC Securities Pvt. Limited, Broker no. 17, sell the maximum number of shares i.e 20,694 at the highest price.
There could be four strategies that can be taken as per yearly price movement of NGBBL and their signals are as follow:
- Above Rs.1000/- = SELL 2. Above Rs.750/- = HOLD 3. Above Rs.500/- = HOLD 4. Below Rs.500/- = BUY
