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09 January 2025

BAT Bangladesh, Brac Bank, GP among top seven sound stocks : SSL

Messenger Online

Published: 17:15, 8 January 2025

BAT Bangladesh, Brac Bank, GP among top seven sound stocks : SSL

Photo : Messenger

Stocks of seven major companies have been selected as the most sound stocks in terms of records and projected trajectories, according to Shanta Securities Limited (SSL), a top brokerage firm.

The strategically selected seven stocks are British American Tobacco (BAT) Bangladesh, BRAC Bank, Grameenphone (GP), IBN Sina Pharmaceuticals, IT Consultants, Marico, and Square Pharmaceuticals.

Among them, BAT Bangladesh’s price-earnings ratio – calculated by dividing a company’s share price by its earning per share – stands at 11.02 per cent as against the local market average of 17.7. SSL also projects a return of 17.6 per cent from GP shares.

“We selected our top picks considering growth potential, consumer demand and resiliency during challenging times,” noted SSL in its recent report titled ‘Bangladesh Finds Its Lighthouse Amid Reform Hopes: 2025 – A Year of Structural Reforms and Consolidation’.

Messenger/Tushar