NABBC with book value of 52.10 is trading at price to book value ratio of 6.81 and it has been in loss ever since while other development bank with good eps are trading at 2-3 times book value. What is the reason for this?
View on r/NepalStock by ShoddyStreet677
Highlights:
- The NEPSE Index rises 12.43 points to close at 2,182.61.
- With a staggering turnover of Rs. 3.362 Arba, the NEPSE Index soared by a whopping 76.64 points.
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- The NEPSE Index rises 2.56%, gaining 50.04 points to settle at 2,002.70.
NABBC has issued 100% right share twice in 2021…..and people love pumping stocks giving out right shares