March 26: The share value of most of the commercial banks that opted for merger is below Rs 200 per unit. Among the five commercial banks formed after merger and acquisition, the share price of all the banks except Himalayan Bank has plunged Rs 200 per unit.

The lowest share price is of Prabhu Bank which stands at Rs 176 per share as of Thursday. Besides these banks, the share price of eight banks is below Rs 200 per unit. The highest share price is Rs 686 of NIC Asia Bank, which has not distributed dividends to shareholders for two years. Similarly, the share price of Nabil Bank is Rs 605 per unit. Sunrise Bank and Laxmi Bank have also entered into an agreement for merger.

The share price of banks that opted for merger has been dropping continuously despite an increase in their capital. An investor complained that even after the merger, the dividend of the company has decreased.

Stock analysts say that the share price of commercial banks are under pressure due to the merger.

Of late, traders have traded more shares of companies with less capital. This is the reason that the share price of the company with less capital seems to have increased, while the share price of the company with more capital seems to have dropped.

According to Dambaru Ballabh Ghimire, an investor who has been involved in the stock market for a long time, the share price of the commercial banks has come down because the company's capital has increased after the merger.

As soon as the share price of such companies increases by Rs 5 per unit, the sellers become active. Ghimire says that this is also the reason why the share price of such companies have dropped.

Similarly, it is said that since the market has been in a continuous downward trend for some time now, the share price of the companies has fallen to a very low point. Most of the commercial banks have reduced the dividend rate this year. Investors say that the share price of these companies has decreased due to this very reason.

Another reason is that the share trading, which was halted for a long time due to the merger process, has increased in the market after the merger.