Shares to buy this Week on NEPSE [Magh 7-10] 2080

GP Chudal
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Shares to buy this Week on NEPSE [Magh 7-10] 2080

Welcome to Market Renovate, where we bring you in-depth analyses of potential stocks for investors. Today, we'll explore the key financial indicators and investment recommendations for some promising stocks in the Nepalese share market. If you are stuck between what to buy in NEPSE, then here we have listed some well researched investment opportunities for you.

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Shares to buy this Week on NEPSE [Magh 7-10] 2080

Disclaimer: These stocks are selected based more on the Fundamental Signals and a bit of Technical analysis by Market Renovate. Please use your own analysis before making any investment decision. These list of stocks are only for education purpose.*

1. LBBL:

LBBL, a player in the Development Banks sector, is exhibiting strong performance indicators. With a daily gain of 0.98%, the stock is currently undervalued, offering an attractive opportunity for investors.

Key Financials:
Sector: Development Banks
Daily Gain: 0.98%
LTP (Last Traded Price): Rs. 424
PE (Price-to-Earnings Ratio): 20.9
PB (Price-to-Book Ratio): 2.4
ROE (Return on Equity): 12.07%
ROA (Return on Assets): 0.87%
PEG (Price/Earnings-to-Growth Ratio): 0.94
Discount From Graham Number: 50%
Dividend Yield: 2.00%
Payout Ratio: 42%

Investment Recommendation: LBBL is undervalued and presents a compelling opportunity. We recommend a BUY action with an entry point at Rs. 424, setting a stop loss at Rs. 410. Targets are set based on Fibonacci Levels, and Target : Rs. 465.

2. PRVU: 

PRVU, a key player in the Commercial Banks sector, is displaying strong indicators despite a minor daily loss of -1.17%. The stock is undervalued and provides an interesting prospect for investors seeking potential growth.

Key Financials:
Sector: Commercial Banks
Daily Gain: -1.17%
LTP: Rs. 169
PE: 12.6
PB: 1.1
ROE: 10.13%
ROA: 0.99%
PEG: 0.46
Discount From Graham Number: -20%
Dividend Yield: 4.74%
Payout Ratio: 60%

Investment Recommendation: Despite the minor loss, PRVU is undervalued and holds promise. We recommend a BUY action with an entry point at below Rs. 160, setting a stop loss at an appropriate level. Targets are set based on Fibonacci Levels, and Target 1 is Rs. 178, and Target 2 is at Rs. 189.

3. NICLBSL:

NICLBSL, operating in the Microfinance sector, is presenting itself as a microfinance gem with strong bullish signals. The stock has recorded a substantial daily gain of -1.81%, highlighting its potential for growth.

Key Financials:
Sector: Microfinance
Daily Gain: -1.81%
LTP: Rs. 640
PE: 39.9
PB: 3.6
ROE: 8.71%
ROA: 1.33%
PEG: 2.65
Discount From Graham Number: 152%
Dividend Yield: 2.34%
Payout Ratio: 93%

Investment Recommendation: NICLBSL, despite the daily loss, is undervalued and poised for growth. We recommend a BUY action with an entry point between Rs. 630 to 645, setting a stop loss at Rs. 595. Targets are set based on Fibonacci Levels, and Target 1 is Rs. 677, and Target 2 is at Rs. 723.

4. GBIME:

GBIME, a prominent player in the Commercial Banks sector, is currently showcasing a robust bullish trend with a notable daily gain of -0.96%. This signals high potential for positive momentum.

Key Financials:
Sector: Commercial Banks
Daily Gain: -0.96%
LTP: Rs. 207
PE: 10.2
PB: 1.2
ROE: 13.56%
ROA: 1.50%
PEG: 0.34
Discount From Graham Number: -25%
Dividend Yield: 4.36%
Payout Ratio: 45%

Investment Recommendation: GBIME is undervalued and on a strong bullish trajectory. We recommend a BUY action with an entry point below Rs. 210, setting a stop loss at Rs. 198. Targets are set based on Fibonacci Levels, and Target is Rs. 219.

5. DDBL:

DDBL, another player in the Microfinance sector, is presenting itself as a potential gem with strong bullish indicators. Despite a daily loss of -1.29%, the stock remains undervalued, providing an attractive option for investors.

Key Financials:
Sector: Microfinance
Daily Gain: -1.29%
LTP: Rs. 824
PE: 35.4
PB: 3.7
ROE: 10.91%
ROA: 1.73%
PEG: 3.34
Discount From Graham Number: 142%
Dividend Yield: 2.55%
Payout Ratio: 90%

Investment Recommendation: DDBL is undervalued and presents a compelling opportunity for growth. We recommend a BUY action with an entry point below Rs. 833, setting a stop loss at Rs. 802 level. Targets are set based on Fibonacci Levels, and Target 1 is Rs. 895, and Target 2 is at Rs. 994.

6. SKBBL:

SKBBL, operating in the Microfinance sector, is displaying strong bullish signals with a daily loss of -1.21%. Despite the modest daily loss, technical indicators support a bullish outlook, making it an intriguing option for investors interested in the Microfinance sector.

Key Financials:
Sector: Microfinance
Daily Gain: -1.21%
LTP: Rs. 898
PE: 38.7
PB: 3.8
ROE: 14.12%
ROA: 2.27%
PEG: 2.75
Discount From Graham Number: 156%
Dividend Yield: 1.67%
Payout Ratio: 65%

Investment Recommendation: SKBBL, with strong fundamentals, is undervalued. We recommend a BUY action with an entry point below Rs. 905, setting a stop loss at Rs. 870. Targets are set based on Fibonacci Levels, and Target 1 is Rs. 941, and Target 2 is at Rs. 998.

7. CBBL: 

CBBL, operating in the Microfinance sector, is showing stable growth potential with a modest daily loss of -0.32%. The technical indicators support a bullish outlook, making it an attractive option for investors.

Key Financials:
Sector: Microfinance
Daily Gain: -0.32%
LTP: Rs. 900
PE: 28.1
PB: 3.8
ROE: 14.45%
ROA: 2.28%
PEG: 1.58
Discount From Graham Number: 118%
Dividend Yield: 1.67%
Payout Ratio: 47%

Investment Recommendation: CBBL is undervalued and exhibits stable growth potential. We recommend a BUY action with an entry point below Rs. 908, setting a stop loss at Rs. 871. Targets are set based on Fibonacci Levels, and Target 1 is Rs. 956, and Target 2 is at Rs. 1037.

8. HIDCL: 

HIDCL, operating in the Investment sector, is showcasing steady performance with a daily gain of 0.36%. Despite the modest daily gain, the technical indicators support a positive outlook, making it an appealing option for investors seeking exposure to the Investment sector.

Key Financials:
Sector: Investment
Daily Gain: 0.36%
LTP: Rs. 195
PE: 30.9
PB: 1.8
ROE: 5.94%
ROA: 5.72%
PEG: 3.21
Discount From Graham Number: 56%
Dividend Yield: 2.70%
Payout Ratio: 83%

Investment Recommendation: HIDCL, as an investment gem, is undervalued and poised for steady growth. We recommend a BUY action with an entry point at Rs. 195, setting a stop loss at Rs. 184. Targets are set based on Fibonacci Levels, and Target 1 is Rs. 204, and Target 2 is at Rs. 216.

9. RADHI: 

RADHI, a player in the Hydro Power sector, is exhibiting strong bullish signals with a remarkable daily gain of 6.18%. The stock, despite the gain, remains undervalued, making it an attractive addition to portfolios seeking exposure to the Hydro Power sector.

Key Financials:
Sector: Hydro Power
Daily Gain: 6.18%
LTP: Rs. 280
PE: 39.4
PB: 2.4
ROE: 7.04%
ROA: 6.30%
PEG: 2.62
Discount From Graham Number: 106%
Dividend Yield: 13.04%
Payout Ratio: 514%

Investment Recommendation: RADHI is undervalued and showcasing impressive performance. We recommend a BUY action with an entry point at Rs. 284, setting a stop loss at Rs. 253. Targets are set based on Fibonacci Levels, and Target is Rs. 310.

Data Table for above Recommended Stocks of NEPSE

Symbol Ratios Summary Sector Daily Gain LTP PE PB ROE ROA PEG Discount From Graham Number PE vs Sector PB vs Sector PEG vs Sector Dividend Yield vs Sector ROE Vs Sector Dividend Yield Payout Ratio
LBBL Strong Development Banks 0.98% 424 20.9 2.4 12.07% 0.87% 0.94 50% Undervalued Undervalued Undervalued Undervalued Undervalued 2.00% 42%
PRVU Strong Commercial Banks -1.17% 169 12.6 1.1 10.13% 0.99% 0.46 -20% Undervalued Undervalued Undervalued Undervalued Overvalued 4.74% 60%
NICLBSL Strong Microfinance -1.81% 640 39.9 3.6 8.71% 1.33% 2.65 152% Undervalued Undervalued Undervalued Undervalued Undervalued 2.34% 93%
GBIME Strong Commercial Banks -0.96% 207 10.2 1.2 13.56% 1.50% 0.34 -25% Undervalued Undervalued Undervalued Undervalued Undervalued 4.36% 45%
DDBL Strong Microfinance -1.29% 824 35.4 3.7 10.91% 1.73% 3.34 142% Undervalued Undervalued Undervalued Undervalued Undervalued 2.55% 90%
SKBBL Strong Microfinance -1.21% 898 38.7 3.8 14.12% 2.27% 2.75 156% Undervalued Undervalued Undervalued Undervalued Undervalued 1.67% 65%
CBBL Strong Microfinance -0.32% 900 28.1 3.8 14.45% 2.28% 1.58 118% Undervalued Undervalued Undervalued Undervalued Undervalued 1.67% 47%
HIDCL Strong Investment 0.36% 195 30.9 1.8 5.94% 5.72% 3.21 56% Undervalued Undervalued Undervalued Undervalued Overvalued 2.70% 83%
RADHI Strong Hydro Power 6.18% 280 39.4 2.4 7.04% 6.30% 2.62 106% Undervalued Undervalued Undervalued Undervalued Undervalued 13.04% 514%

Conclusion: 

In conclusion, these stocks present diverse opportunities across different sectors. Investors are encouraged to conduct further research and consider their risk tolerance before making investment decisions. Stay tuned to Market Renovate for more insightful analyses and investment recommendations.
Published on: Jan 19, 2024

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