According to EBL Securities, Taufika Foods and Lovello Ice Cream PLC led the Dhaka Stock Exchange (DSE) in stock price gains for 2024, delivering an impressive 154% return. On the last trading day of the year, the company’s share price rose by 2.36% (Tk 2) to Tk 86.60, maintaining this as its closing price. During the day, the price fluctuated between Tk 84 and Tk 87.30, with 1,930 transactions exchanging 1,011,179 shares valued at Tk 8.71 crore. Over the year, the stock ranged from Tk 29.50 to Tk 108.

In its unaudited financial report for Q1 of FY2024-25 (July-September), the company recorded an earnings per share (EPS) of Tk 0.91, a significant increase from Tk 0.32 during the same period the previous year. Additionally, net asset value per share (NAVPS) stood at Tk 14.28 as of September 30, 2024, while cash flow per share (NOCFPS) rose to Tk 1.68 from Tk 0.98.

For the fiscal year ending June 30, 2024, Taufika Foods declared a 10% cash and 10% bonus dividend. During this period, EPS stood at Tk 1.43, NAVPS at Tk 13.37, and NOCFPS at Tk 4.16. Comparatively, the previous fiscal year (2022-23) recorded a 10% cash dividend, EPS of Tk 1.24, and NAVPS of Tk 12.94.

Listed in the stock market in 2021 under the ‘A’ category, Taufika Foods has an authorized capital of Tk 100 crore and paid-up capital of Tk 93.5 crore, with reserves of Tk 20.14 crore. The company has 9.35 crore total shares, with 41.12% held by promoters, 20.33% by institutional investors, and 38.55% by general investors.

Other top performers in 2024 include Midland Bank PLC with a 120% return, Beach Hatchery Ltd at 99%, Reliance Insurance Mutual Fund’s first scheme at 75%, Fine Foods Ltd at 69%, Express Insurance Ltd at 58%, BRAC Bank PLC at 53%, Oimex Electrode Ltd at 53%, Islami Bank Bangladesh PLC at 52%, and Khan Brothers PP Woven Bag Industries Ltd at 35%.