Bangladeshi Potentially Undervalued Companies

Square Pharmaceuticals

Market Cap: ৳194.8b

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

Shahjibazar Power

Market Cap: ৳9.2b

Shahjibazar Power Company Limited sets up power plants to generate and supply electricity in Bangladesh.

Sonali Life Insurance

Market Cap: ৳3.0b

Engages in the life insurance, pension, and group insurance business in Bangladesh.

Evince Textiles

Market Cap: ৳1.8b

Engages in manufacturing, dyeing, finishing, and selling of cotton woven and denim fabrics in Bangladesh and internationally.

British American Tobacco Bangladesh

Market Cap: ৳143.8b

Manufactures and sells cigarettes in Bangladesh.

Premier Bank

Market Cap: ৳5.1b

Provides various conventional and Islamic commercial banking services in Bangladesh.

NRBC Bank

Market Cap: ৳4.8b

Provides various banking products and services for small businesses, and medium and large corporates in Bangladesh.

Meghna Petroleum

Market Cap: ৳21.5b

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

Navana Pharmaceuticals

Market Cap: ৳6.2b

Engages in the manufacturing, marketing, and distribution of pharmaceutical and veterinary products in Bangladesh.

Dhaka Electric Supply

Market Cap: ৳9.1b

Engages in the distribution of electricity in Bangladesh.

Export Import Bank of Bangladesh

Market Cap: ৳4.3b

Provides commercial banking products and services in Bangladesh.

Index Agro Industries

Market Cap: ৳3.3b

Manufactures and markets poultry feed and fish feed under X Feed and XGoldring brand name in Bangladesh.

National Life Insurance

Market Cap: ৳11.2b

Provides various insurance and investment products and services in Bangladesh.

IFAD Autos

Market Cap: ৳5.4b

IFAD Autos PLC. deals in vehicles with different sectors in Bangladesh.

United Power Generation & Distribution

Market Cap: ৳70.4b

United Power Generation & Distribution Company Ltd.

Titas Gas Transmission and Distribution

Market Cap: ৳16.8b

Operates as a natural gas distribution company in Bangladesh.

Doreen Power Generations and Systems

Market Cap: ৳5.1b

Through its subsidiaries, generates and supplies electricity in Bangladesh.

Grameenphone

Market Cap: ৳354.0b

Provides mobile telecommunication and digital services in Bangladesh.

LafargeHolcim Bangladesh

Market Cap: ৳60.4b

Manufactures and markets building materials in Bangladesh and internationally.

Beximco Pharmaceuticals

Market Cap: ৳51.2b

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

Delta Life Insurance

Market Cap: ৳9.0b

Provides insurance products and services in Bangladesh.

Tosrifa Industries

Market Cap: ৳1.1b

Engages in knitting, dyeing, manufacturing and marketing of ready-made garments in Bangladesh and internationally.

Padma Oil

Market Cap: ৳16.9b

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

City Bank

Market Cap: ৳39.9b

Provides financial products and services in Bangladesh.

Trust Bank

Market Cap: ৳18.4b

Provides various banking services in Bangladesh.

Eastern Bank

Market Cap: ৳41.0b

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

Mutual Trust Bank

Market Cap: ৳14.8b

Provides commercial banking and related services in Bangladesh.

Energypac Power Generation

Market Cap: ৳2.8b

Provides power engineering solutions worldwide.

aamra technologies

Market Cap: ৳737.7m

Provides information technology solutions and services in Bangladesh.

Robi Axiata

Market Cap: ৳157.1b

Operates as mobile network operator in Bangladesh.

Union Insurance

Market Cap: ৳1.7b

Provides general insurance products and services in Bangladesh.

Jamuna Oil

Market Cap: ৳18.8b

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

Aman Cotton Fibrous

Market Cap: ৳1.7b

Manufactures, markets, and sells yarns in Bangladesh and internationally.

IFIC Bank

Market Cap: ৳9.0b

Provides various commercial banking services in Bangladesh.

Pharma Aids

Market Cap: ৳1.8b

Engages in the manufacturing and supplying of USP type-1 neutral glass ampoules in Bangladesh.