Bangladeshi Undiscovered Gems With Strong Fundamentals

Padma Oil

Market Cap: ৳17.4b

Engages in the procurement, storage, and marketing of petroleum products, lubricants, greases, bitumen, and LPG in Bangladesh.

Jamuna Bank

Market Cap: ৳22.3b

Provides various banking products and services in Bangladesh.

BSRM Steels

Market Cap: ৳25.9b

Manufactures and sells steel products in Bangladesh.

Bank Asia

Market Cap: ৳28.3b

Provides various banking products and services in Bangladesh and internationally.

Kohinoor Chemical Company (Bangladesh)

Market Cap: ৳21.1b

Kohinoor Chemical Company (Bangladesh) Ltd.

Reckitt Benckiser (Bangladesh)

Market Cap: ৳16.6b

Manufactures and markets household, toiletry, and pharmaceutical products in Bangladesh.

Mutual Trust Bank

Market Cap: ৳14.1b

Provides commercial banking and related services in Bangladesh.

Meghna Petroleum

Market Cap: ৳21.8b

Engages in the procurement, storage, and marketing of petroleum products and lubricants, bitumen, liquefied petroleum gas (LPG), and battery water in Bangladesh.

Robi Axiata

Market Cap: ৳157.7b

Operates as mobile network operator in Bangladesh.

United Power Generation & Distribution

Market Cap: ৳69.2b

United Power Generation & Distribution Company Ltd.

Uttara Bank

Market Cap: ৳24.7b

Offers various commercial banking products and services in Bangladesh.

Unilever Consumer Care

Market Cap: ৳41.5b

Manufactures and markets consumer healthcare products in Bangladesh.

Jamuna Oil

Market Cap: ৳19.1b

Engages in the marketing of refined petroleum oil, lubricants, gas, and bitumen in Bangladesh.

Bangladesh Submarine Cables

Market Cap: ৳26.6b

Provides bandwidth through submarine cable to operators that delivers voice and data bandwidth services in Bangladesh.

Bangladesh Shipping

Market Cap: ৳16.6b

Engages in the shipping and ancillary business in international route.

Bangladesh Steel Re-Rolling Mills

Market Cap: ৳24.8b

Operates as a steel manufacturing company in Bangladesh.

Southeast Bank

Market Cap: ৳13.0b

Provides various commercial banking products and services in Bangladesh and internationally.

LafargeHolcim Bangladesh

Market Cap: ৳61.6b

Manufactures and markets building materials in Bangladesh and internationally.

Olympic Industries

Market Cap: ৳30.1b

Manufactures, markets, distributes, and sells dry cell batteries, biscuits, candies, and confectionary items in Bangladesh and internationally.

Beximco Pharmaceuticals

Market Cap: ৳52.0b

Manufactures and markets generic pharmaceutical formulations and active pharmaceutical ingredients in Bangladesh.

Marico Bangladesh

Market Cap: ৳87.8b

Engages in the manufacture and marketing of consumer products in Bangladesh and internationally.

City Bank

Market Cap: ৳47.6b

Provides financial products and services in Bangladesh.

Eastern Bank

Market Cap: ৳43.7b

Provides various banking products and services to retail, corporate, and small and medium enterprise (SME) customers in Bangladesh and internationally.

Square Pharmaceuticals

Market Cap: ৳191.5b

Manufactures, markets, and distributes pharmaceutical products in Bangladesh and internationally.

Prime Bank

Market Cap: ৳34.8b

Provides commercial banking products and services in Bangladesh.

BRAC Bank

Market Cap: ৳142.2b

Provides various commercial banking products and services in Bangladesh.