Bangladeshi Potentially Undervalued Small Caps

Sonali Life Insurance

Market Cap: ৳2.8b

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

Premier Bank

Market Cap: ৳6.2b

Provides various conventional and Islamic commercial banking services in Bangladesh.

Index Agro Industries

Market Cap: ৳3.2b

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

IFAD Autos

Market Cap: ৳5.7b

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

Shasha Denims

Market Cap: ৳2.6b

Engages in the manufacturing, dyeing, weaving, finishing, and exporting of denim fabrics in Bangladesh and internationally.

Doreen Power Generations and Systems

Market Cap: ৳4.8b

Through its subsidiaries, generates and supplies electricity in Bangladesh.

Mozaffar Hossain Spinning Mills

Market Cap: ৳1.8b

Manufactures, sells, and exports cotton yarns in Bangladesh.