Stocks are micro ownership of companies that are sold on a market, where there is an adequate number of buyers. Stocks often define market conditions, and the state of finances in both country levels and global levels.
This article elaborates on the best performing stocks to buy from the Dhaka Stock Exchange. To assess the quality of the stock, we select the 30 stocks within the DS30 index and a 2-year record of the stock is first analyzed, and then the latest trading price is compared with the 52 Weeks Moving Range.
1. Meghna Petroleum Limited
- Trading Code: MPETROLEUM
- 52 Weeks’ Moving Range: 184.50 – 221.00
- Last Trading Price: 204.50
Meghna Petroleum Limited can be assessed as one of the best performing stocks of the Dhaka Stock Exchange if not one of the best performing stocks to buy from the Dhaka Stock Exchange. Out of 52 Weeks Moving Range of 184.50 BDT to 221 BDT, the company’s last trading price stood at 204.50 BDT. Making it one of the most successful stocks of the year.
2. Pubali Bank Ltd.
- Trading Code: PUBALIBANK
- 52 Weeks’ Moving Range: 23.10 – 31.00
- Last Trading Price: 26.60
Pubali Bank Ltd. is a top performing company in the Dhaka Stock Exchange, with their Latest trading prices standing at BDT 26.60 BDT, out of a 52 Weeks’ Moving Range of 23.10 BDT to 31.00 BDT.
3. Bangladesh Submarine Cable Company Limited
- Trading Code: BSCCL
- 52 Weeks’ Moving Range: 182.00 – 256.00
- Last Trading Price: 218.90
Bangladesh Submarine Cable Company is one of the leading companies on the Dhaka Stock Exchange. Their company is considered to have one of the best performing stocks in the market with their lastest trading price standing at 218.90 BDT, compared to a moving range of 182BDT to 256BDT, meaning in the upper end, with little loss in stock valuation.
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4. Beacon Pharmaceutical Limited
- Trading Code: BEACONPHAR
- 52 Weeks’ Moving Range: 214.10 – 393.00.
- Last Trading Price: 293.00
Beacon Pharmaceuticals Limited has performed extraordinarily during these trying times, and can be considered to have one of the best-performing stocks in Bangladesh. Their 52-week moving range has been within the range of 214.10 BDT to 393.00BDT, while their latest price being 293 BDT. In the last 2 years too, relative to the overall market, their stocks have depreciated less.
5. Bangladesh Steel Re-Rolling Mills Limited
- Trading Code: BSRMLTD
- 52 Weeks’ Moving Range: 87.70 – 115.30
- Last Trading Price: 90.00
Bangladesh Steel Re-Rolling Mills Limited is one of the companies in the Dhaka Stock Exchange, and is also a leading stock in the DS30 index. Their latest stock prices fared at BDT 90 on a 52 Weeks’ Moving Range of 87.70 BDT to 115.30 BDT. It can be termed as one of the best performing stocks to buy from the Dhaka Stock Exchange.
6. Titas Gas Transmission & Dist. Co. Ltd.
- Trading Code: TITASGAS
- 52 Weeks’ Moving Range: 34.80 – 51.80
- Last Trading Price: 40.90
Titas Gas Transmission & Dist. Co. Ltd. had one of the best performing stocks in the Dhaka Stock Exchange. The company had an impressive 52 Weeks’ Moving Range of 34.80 BDT to 51.80 BDT, with their latest price standing at 40.90 BDT. It can be assessed as one of the best performing stocks to buy from the Dhaka Stock Exchange.
7. Bangladesh Export Import Company Ltd.
- Trading Code: BEXIMCO
- 52 Weeks’ Moving Range: 112.10 – 171.40
- Last Trading Price: 115.60
Bangladesh Export Import Company Ltd. is one of the best performing stocks to buy from the Dhaka Stock Exchange. The closing price of the company in the last 2 years has been relatively stable with a peak closing price of 185 BDT at the end of 2021, and falling by a relatively smaller margin in the most recent assessment to 115 BDT. While their 52-week moving range has been within the range of BDT 112.10-171.40.
8. Delta Life Insurance Company Ltd.
- Trading Code: DELTALIFE
- 52 Weeks’ Moving Range: 110.00 – 216.40
- Last Trading Price: 136.50
Delta Life Insurance Company Ltd. is considered to have one of the most reliable stocks with the Dhaka Stock Exchange. The company’s latest stock prices fared at 136.50 BDT on a moving range of 110 BDT to 216.40 BDT.
9. Fortune Shoes Limited
- Trading Code: FORTUNE
- 52 Weeks’ Moving Range: 77.00 – 145.80
- Last Trading Price: 79.50
Fortune shoes limited has been considered for a long time to have one of the best performing stocks in the DSE. The company had a relatively low fall in stock prices compared to the overall other stocks. It’s latest trading price stood at 79.50 BDT on a moving range of 77 BDT to 145.80 BDT.
10. GPH Ispat Ltd.
- Trading Code: GPHISPAT
- 52 Weeks’ Moving Range: 44.80 – 66.50
- Last Trading Price: 44.80
GPH Ispat Ltd. is a prominent stock market player in the Dhaka Stock Exchange. The last trading price of their stock stood at 44.80 BDT out of a 52-week moving range of 44.80 BDT to 66.50BDT. At present, it can be considered as one of the best performing stocks to buy from the Dhaka Stock Exchange.
11. Islami Bank Bangladesh Limited
- Trading Code: ISLAMIBANK
- 52 Weeks’ Moving Range: 31.30 – 36.00
- Last Trading Price: 32.70
Islami Bank Bangladesh, has had one of the best performing stocks of the year on the Dhaka stock Exchange. Their last trading price stood at 32.70 BDT out of a 52-week moving range of 31.30 BDT to 36 BDT.
12. LafargeHolcim Bangladesh Limited
- Trading Code: LHBL
- 52 Weeks’ Moving Range: 59.70 – 85.40
- Last Trading Price: 64.80
LafargeHolcim Bangladesh Limited is a company that has performed exceptionally for the last 2 years in the Dhaka Stock Exchange, despite the economic shortcomings. The last trading price of their stocks stood at 64.80 BDT, out of a 52-week moving range of 59.70 BDT to 85.40 BDT.
13. Orion Pharma Ltd.
- Trading Code: ORIONPHARM
- 52 Weeks’ Moving Range: 77.60 – 156.50
- Last Trading Price: 85.20
Orion Pharma has been one of the top performing stocks in the Dhaka Stock Exchange in 2022. The company had its latest stocks priced at 85.20 BDT out of a 52-week moving range of 77.60 BDT to 156.50BDT, despite the calamities in the stock market.
14. Power Grid Company of Bangladesh Ltd.
- Trading Code: POWERGRID
- 52 Weeks’ Moving Range: 51.10 – 80.60
- Last Trading Price: 52.40
The Power Grid Company of Bangladesh Ltd. is one of the most successful companies enlisted in the Dhaka Stock Exchange. It has a 52 Weeks’ Moving Range of 51.10 BDT to 80.60 BDT, with the latest trading price at 52.40 BDT.
15. Square Pharmaceuticals Ltd.
- Trading Code: SQURPHARMA
- 52 Weeks’ Moving Range: 207.50 – 235.60
- Last Trading Price: 209.80
Square pharmaceuticals is one of the most successful companies enlisted in the Dhaka Stock Exchange. It has one of the best-performing stocks in the market with a 52 Weeks’ Moving Range of 207.50 BDT to 235.60 BDT. The latest trading price of the stock stood at 209.50 BDT.
The aforementioned companies enlisted in the Dhaka Stock Exchange are the best performing stocks in the market. These stocks perform better than other stocks by a long shot, providing huge returns at minimal risks.