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   1JANATAMF    3.70 UP
   1STPRIMFMF    23.70 DOWN
   AAMRANET    20.30 DOWN
   AAMRATECH    20.90 DOWN
   ABB1STMF    3.70 UP-DOWN
   ABBANK    4.80 UP-DOWN
   ACFL    23.10 UP
   ACI    196.00 UP-DOWN
   ACIFORMULA    167.60 DOWN
   ACMELAB    80.50 DOWN
   ACMEPL    23.60 DOWN
   ACTIVEFINE    6.70 DOWN
   ADNTEL    64.00 DOWN
   ADVENT    15.40 DOWN
   AFCAGRO    7.10 DOWN
   AFTABAUTO    28.30 DOWN
   AGNISYSL    30.40 DOWN
   AGRANINS    30.60 DOWN
   AIBL1STIMF    5.60 DOWN
   AIL    36.40 DOWN
   AL-HAJTEX    92.70 DOWN
   ALARABANK    16.40 UP
   ALIF    5.80 DOWN
   ALLTEX    24.30 UP
   AMANFEED    38.40 DOWN
   AMBEEPHA    780.00 DOWN
   AMCL(PRAN)    229.40 DOWN
   ANLIMAYARN    33.30 DOWN
   ANWARGALV    110.90 DOWN
   AOL    18.60 DOWN
   APEXFOODS    281.10 DOWN
   APEXFOOT    214.40 UP
   APEXSPINN    349.80 UP
   APEXTANRY    106.00 UP
   APOLOISPAT    3.20 DOWN
   ARAMIT    222.10 UP
   ARAMITCEM    12.80 DOWN
   ARGONDENIM    23.00 UP
   ASIAINS    43.40 DOWN
   ASIAPACINS    50.70 DOWN
   ASIATICLAB    116.90 DOWN
   ATLASBANG    87.70 UP
   AZIZPIPES    81.70 UP
   BANGAS    133.80 DOWN
   BANKASIA    17.70 DOWN
   BARKAPOWER    10.80 DOWN
   BATASHOE    910.00 UP
   BATBC    240.20 DOWN
   BAYLEASING    5.20 UP-DOWN
   BBS    14.20 DOWN
   BBSCABLES    20.00 DOWN
   BDAUTOCA    214.50 DOWN
   BDCOM    31.20 DOWN
   BDFINANCE    13.00 UP-DOWN
   BDLAMPS    221.70 DOWN
   BDTHAI    16.40 DOWN
   BDTHAIFOOD    23.40 DOWN
   BDWELDING    13.50 UP
   BEACHHATCH    30.10 DOWN
   BEACONPHAR    107.10 UP
   BENGALWTL    25.90 DOWN
   BERGERPBL    1494.20 UP
   BESTHLDNG    14.90 DOWN
   BEXGSUKUK    70.00 UP
   BEXIMCO    24.30 DOWN
   BGIC    42.30 DOWN
   BIFC    4.20 UP-DOWN
   BNICL    111.00 DOWN
   BPML    28.00 DOWN
   BPPL    20.50 DOWN
   BRACBANK    62.90 DOWN
   BSC    114.90 DOWN
   BSCPLC    153.30 DOWN
   BSRMLTD    97.50 DOWN
   BSRMSTEEL    92.80 DOWN
   BXPHARMA    145.30 DOWN
   CAPITECGBF    10.20 UP
   CAPMBDBLMF    9.40 DOWN
   CAPMIBBLMF    12.50 DOWN
   CENTRALINS    45.20 DOWN
   CENTRALPHL    10.40 DOWN
   CITYBANK    31.10 DOWN
   CITYGENINS    124.80 DOWN
   CLICL    47.50 DOWN
   CNATEX    3.40 UP-DOWN
   CONFIDCEM    65.00 DOWN
   CONTININS    35.30 DOWN
   COPPERTECH    25.80 DOWN
   CROWNCEMNT    66.50 UP
   CRYSTALINS    68.30 DOWN
   CVOPRL    173.40 DOWN
   DACCADYE    16.50 UP-DOWN
   DAFODILCOM    164.40 DOWN
   DBH    44.40 UP
   DBH1STMF    5.40 UP-DOWN
   DELTALIFE    76.90 DOWN
   DELTASPINN    7.50 DOWN
   DESCO    24.90 DOWN
   DESHBANDHU    19.80 DOWN
   DGIC    33.80 UP
   DHAKABANK    12.30 UP-DOWN
   DHAKAINS    46.70 DOWN
   DOMINAGE    62.60 DOWN
   DOREENPWR    33.30 DOWN
   DSHGARME    188.00 DOWN
   DSSL    12.40 UP-DOWN
   DULAMIACOT    206.50 UP
   DUTCHBANGL    48.40 UP-DOWN
   EASTERNINS    65.20 DOWN
   EASTLAND    29.00 DOWN
   EASTRNLUB    2019.10 DOWN
   EBL    24.00 UP-DOWN
   EBL1STMF    4.50 UP-DOWN
   EBLNRBMF    3.60 UP-DOWN
   ECABLES    140.40 DOWN
   EGEN    26.40 DOWN
   EHL    91.00 DOWN
   EIL    32.70 DOWN
   EMERALDOIL    28.20 DOWN
   ENVOYTEX    63.90 UP
   EPGL    19.20 DOWN
   ESQUIRENIT    25.40 UP
   ETL    13.40 DOWN
   EXIM1STMF    6.70 DOWN
   FAMILYTEX    2.80 UP
   FARCHEM    19.70 UP
   FAREASTLIF    20.70 DOWN
   FBFIF    3.70 UP
   FEDERALINS    29.50 DOWN
   FEKDIL    22.50 DOWN
   FINEFOODS    435.60 UP
   FIRSTFIN    5.10 UP
   FORTUNE    17.50 DOWN
   FUWANGCER    15.70 DOWN
   FUWANGFOOD    11.50 DOWN
   GBBPOWER    16.30 UP
   GEMINISEA    117.50 DOWN
   GENEXIL    38.00 UP
   GENNEXT    3.20 DOWN
   GHAIL    14.60 DOWN
   GHCL    22.30 UP
   GLDNJMF    8.80 DOWN
   GLOBALINS    46.00 DOWN
   GOLDENSON    15.00 DOWN
   GP    248.50 DOWN
   GPHISPAT    18.00 UP
   GQBALLPEN    533.30 UP
   GRAMEENS2    13.10 DOWN
   GREENDELMF    4.80 UP
   GREENDELT    68.50 DOWN
   GSPFINANCE    4.00 DOWN
   HAKKANIPUL    78.60 DOWN
   HAMI    158.00 DOWN
   HEIDELBCEM    217.70 DOWN
   HFL    15.80 DOWN
   HRTEX    20.50 UP
   HWAWELLTEX    48.90 UP
   IBBLPBOND    660.50 DOWN
   IBNSINA    317.10 DOWN
   IBP    17.30 DOWN
   ICB    43.80 DOWN
   ICB3RDNRB    5.90 DOWN
   ICBAGRANI1    8.20 DOWN
   ICBAMCL2ND    7.80 UP
   ICBEPMF1S1    6.20 UP-DOWN
   ICBIBANK    2.60 DOWN
   ICBSONALI1    6.10 UP-DOWN
   ICICL    36.30 DOWN
   IDLC    45.60 UP-DOWN
   IFADAUTOS    24.80 UP-DOWN
   IFIC    4.80 UP-DOWN
   IFIC1STMF    4.30 UP
   IFILISLMF1    5.40 UP-DOWN
   INDEXAGRO    72.50 DOWN
   INTECH    26.40 UP-DOWN
   INTRACO    22.40 UP
   IPDC    34.10 UP-DOWN
   ISLAMIBANK    28.40 DOWN
   ISLAMICFIN    11.60 DOWN
   ISLAMIINS    63.30 DOWN
   ISNLTD    59.10 DOWN
   ITC    46.20 DOWN
   JAMUNABANK    24.30 DOWN
   JAMUNAOIL    179.60 DOWN
   JANATAINS    34.40 DOWN
   JHRML    50.70 DOWN
   JMISMDL    143.30 DOWN
   JUTESPINN    221.10 DOWN
   KARNAPHULI    57.30 DOWN
   KAY&QUE    418.10 DOWN
   KBPPWBIL    37.30 DOWN
   KDSALTD    48.50 DOWN
   KEYACOSMET    5.40 UP-DOWN
   KOHINOOR    559.70 UP
   KPCL    11.80 DOWN
   KPPL    14.80 UP-DOWN
   KTL    11.80 UP-DOWN
   LANKABAFIN    17.10 DOWN
   LEGACYFOOT    71.30 DOWN
   LHB    56.10 DOWN
   LIBRAINFU    608.10 DOWN
   LINDEBD    712.70 DOWN
   LOVELLO    64.50 DOWN
   LRBDL    15.50 UP-DOWN
   LRGLOBMF1    4.40 UP-DOWN
   MAGURAPLEX    90.70 DOWN
   MAKSONSPIN    6.50 DOWN
   MALEKSPIN    49.40 DOWN
   MARICO    2724.50 UP
   MATINSPINN    66.20 UP
   MBL1STMF    8.30 DOWN
   MEGCONMILK    33.90 DOWN
   MEGHNACEM    29.50 DOWN
   MEGHNAINS    38.80 DOWN
   MEGHNALIFE    56.90 DOWN
   MEGHNAPET    81.90 DOWN
   MERCANBANK    7.20 UP
   MERCINS    42.70 DOWN
   METROSPIN    9.80 DOWN
   MHSML    21.40 DOWN
   MIDASFIN    5.80 UP-DOWN
   MIDLANDBNK    18.20 UP-DOWN
   MIRACLEIND    29.60 DOWN
   MIRAKHTER    37.80 DOWN
   MITHUNKNIT    15.40 DOWN
   MJLBD    92.80 DOWN
   MLDYEING    15.10 DOWN
   MONNOAGML    341.90 DOWN
   MONNOCERA    89.80 DOWN
   MONNOFABR    22.40 DOWN
   MONOSPOOL    111.30 DOWN
   MPETROLEUM    211.40 DOWN
   MTB    13.50 UP
   NAHEEACP    33.40 DOWN
   NATLIFEINS    99.10 DOWN
   NAVANACNG    21.50 DOWN
   NAVANAPHAR    66.80 DOWN
   NBL    3.60 UP-DOWN
   NCCBLMF1    6.60 DOWN
   NEWLINE    6.40 UP
   NFML    18.80 DOWN
   NHFIL    29.40 UP
   NITOLINS    46.30 DOWN
   NORTHERN    113.70 DOWN
   NORTHRNINS    39.80 DOWN
   NPOLYMER    33.50 DOWN
   NRBBANK    6.60 DOWN
   NRBCBANK    9.80 DOWN
   NTC    165.20 UP
   NTLTUBES    65.70 DOWN
   NURANI    4.00 UP
   OAL    6.90 UP-DOWN
   OIMEX    15.80 UP
   OLYMPIC    147.60 DOWN
   ONEBANKPLC    8.20 UP-DOWN
   ORIONINFU    237.20 DOWN
   ORIONPHARM    27.80 DOWN
   PADMALIFE    17.30 DOWN
   PADMAOIL    198.20 UP
   PARAMOUNT    63.10 DOWN
   PBLPBOND    4760.00 UP
   PDL    5.90 DOWN
   PENINSULA    22.60 DOWN
   PEOPLESINS    63.50 DOWN
   PF1STMF    14.50 UP
   PHARMAID    606.00 DOWN
   PHENIXINS    51.00 DOWN
   PHOENIXFIN    3.80 DOWN
   PHPMF1    3.70 UP
   PIONEERINS    69.80 DOWN
   PLFSL    2.00 DOWN
   POPULAR1MF    3.70 UP-DOWN
   POPULARLIF    61.40 UP
   POWERGRID    38.70 DOWN
   PRAGATIINS    79.00 DOWN
   PRAGATILIF    159.10 DOWN
   PREMIERBAN    5.90 UP-DOWN
   PREMIERCEM    48.80 DOWN
   PRIME1ICBA    6.00 UP-DOWN
   PRIMEBANK    29.90 DOWN
   PRIMEFIN    3.10 DOWN
   PRIMEINSUR    56.00 DOWN
   PRIMELIFE    39.30 DOWN
   PRIMETEX    16.80 UP
   PROGRESLIF    38.70 DOWN
   PROVATIINS    57.40 DOWN
   PTL    66.60 UP
   PUBALIBANK    40.30 UP
   PURABIGEN    31.20 DOWN
   QUASEMIND    42.90 UP
   QUEENSOUTH    16.70 DOWN
   RAHIMAFOOD    84.20 DOWN
   RAHIMTEXT    209.60 DOWN
   RAKCERAMIC    29.20 DOWN
   RANFOUNDRY    162.70 DOWN
   RDFOOD    25.00 DOWN
   RECKITTBEN    3303.00 UP
   REGENTTEX    6.40 UP-DOWN
   RELIANCE1    12.30 UP
   RELIANCINS    111.10 DOWN
   RENATA    467.00 DOWN
   RENWICKJA    782.30 DOWN
   REPUBLIC    40.20 DOWN
   RINGSHINE    4.60 DOWN
   ROBI    31.40 UP-DOWN
   RSRMSTEEL    7.80 UP-DOWN
   RUNNERAUTO    49.40 UP
   RUPALIBANK    17.70 UP
   RUPALIINS    29.90 DOWN
   SAFKOSPINN    19.90 DOWN
   SAIFPOWER    10.00 UP-DOWN
   SAIHAMCOT    22.30 DOWN
   SAIHAMTEX    31.40 UP
   SALAMCRST    12.90 DOWN
   SALVO    34.00 DOWN
   SAMATALETH    99.90 DOWN
   SAMORITA    109.80 UP
   SANDHANINS    28.20 UP-DOWN
   SAPORTL    61.40 UP
   SBACBANK    7.00 UP-DOWN
   SEAPEARL    37.70 DOWN
   SEMLFBSLGF    6.90 DOWN
   SEMLIBBLSF    7.60 UP-DOWN
   SHAHJABANK    17.50 UP-DOWN
   SHARPIND    34.00 DOWN
   SHASHADNIM    28.00 DOWN
   SHEPHERD    15.80 DOWN
   SHURWID    6.30 UP-DOWN
   SHYAMPSUG    281.10 DOWN
   SICL    36.80 DOWN
   SILCOPHL    18.70 DOWN
   SILVAPHL    15.00 DOWN
   SIMTEX    26.40 DOWN
   SINGERBD    74.80 UP
   SINOBANGLA    53.20 DOWN
   SIPLC    156.50 UP
   SKTRIMS    14.10 UP
   SONALIANSH    216.80 DOWN
   SONALILIFE    84.10 DOWN
   SONALIPAPR    235.30 DOWN
   SONARBAINS    38.80 DOWN
   SONARGAON    118.30 DOWN
   SOUTHEASTB    11.50 DOWN
   SPCERAMICS    21.70 DOWN
   SPCL    54.70 DOWN
   SQUARETEXT    51.10 UP
   SQURPHARMA    218.70 DOWN
   SSSTEEL    6.80 DOWN
   STANCERAM    71.10 UP
   STANDARINS    49.70 DOWN
   STANDBANKL    4.80 DOWN
   STYLECRAFT    58.00 DOWN
   SUMITPOWER    16.80 DOWN
   SUNLIFEINS    59.10 DOWN
   TAKAFULINS    52.80 DOWN
   TALLUSPIN    8.30 UP
   TAMIJTEX    130.40 DOWN
   TB10Y0833    99.24 DOWN
   TB5Y0128    98.63 DOWN
   TB5Y1029    107.83 DOWN
   TECHNODRUG    44.50 UP
   TILIL    47.00 DOWN
   TITASGAS    18.90 DOWN
   TOSRIFA    20.80 DOWN
   TRUSTB1MF    3.80 UP
   TRUSTBANK    15.20 UP-DOWN
   TUNGHAI    5.50 UP
   UCB    9.30 DOWN
   UNILEVERCL    2034.00 UP
   UNIONCAP    4.80 UP-DOWN
   UNIONINS    49.90 DOWN
   UNIQUEHRL    43.50 UP
   UNITEDFIN    18.70 DOWN
   UNITEDINS    64.20 DOWN
   UPGDCL    122.90 DOWN
   USMANIAGL    62.90 DOWN
   UTTARABANK    21.00 DOWN
   UTTARAFIN    13.20 DOWN
   VAMLRBBF    8.10 UP-DOWN
   VFSTDL    15.50 DOWN
   WALTONHIL    388.10 DOWN
   WATACHEM    140.80 DOWN
   WMSHIPYARD    9.80 DOWN
   YPL    22.00 DOWN
   ZAHEENSPIN    5.90 DOWN
   ZAHINTEX    9.10 DOWN
   ZEALBANGLA    186.10 DOWN

Research Team

Salim Afzal Shawon, CFA

Head of Research

Mr. Salim Afzal Shawon joined BRAC EPL Stock Brokerage in Jun 2021 as the Head of Research. With over a decade of extensive experience in his various roles among global and local companies, covering both public and private markets, Mr. Salim brings in a unique mix of research, transaction, and advisory capability to BESL. Prior to joining with BRAC EPL Stock Brokerage Ltd, Mr. Salim served as Independent Partner, Structured Finance at Fillip Partners, a boutique investment & legal advisory firm of Bangladesh since October 2018 to May 2021. He also worked for International Finance Corporation (World Bank) as Investment Analyst, South Asia during July 2014 to July 2018 period. Before that, he was working in the capital market with IDLC Investments Limited as Assistant Manager, Research. He started his career with Credit Rating Agency of Bangladesh (CRAB) as a Financial Analyst.

He received several global trainings from S&P, Moody’s, World Bank, Del Carnegie and many other reputed sources in a number of professional aspects, including financial modeling, accounting, credit analysis, strategy etc. Mr. Salim completed his MBA from University of Dhaka. He is also one of the few CFA charter holders in Bangladesh who completed all three levels of CFA exams at a stretch.

LinkedIn Profile


Fahim Hassan

Research Analyst

Fahim Hassan previously worked as Research Analyst at UniCap Securities Limited from December 02, 2018 till September 15, 2021. He has completed his B.B.A and M.B.A from Department of Finance, University of Dhaka in 2016 and 2018 respectively. He also passed his CFA Level 1 exam. 


Hossain Zaman Towhidi Khan

Research Analyst

Hossain Zaman Towhidi Khan joined BRAC EPL Stock Brokerage as a Senior Research Associate in August 2022 and is currently working as a Research Analyst. He has over five years of work experience, including Egypt, covering MENA. Before joining BRAC EPL, he worked as an Equity Analyst at Prime Securities, Egypt. He completed his BBA from Atish Dipankar University of Science & Technology. He passed CFA Level 1 exam and completed Financial Modeling & Valuation Analyst (FMVA®) certification from Corporate Finance Institute (CFI).


Foysal Ahmed, CFA

Research Analyst

Mr. Foysal Ahmed, CFA, joined BRAC EPL Stock Brokerage Limited in September 2023 as a Financial Analyst, Research. He is a finance professional with diversified experience across equity research, macroeconomic and industry analysis, financial modeling, supply-chain-linked corporate finance, and electrical engineering,  bringing a strong analytical and cross-functional perspective to sell-side research.

Prior to joining BRAC EPL, he accumulated over seven years of experience across electrical engineering, supply chain finance, procurement analytics, and operations within large industrial and multinational organizations. In these roles, he led working capital optimization, supplier evaluation, and CAPEX-linked financial analysis, strengthening his bottom-up, operationally informed research approach.

Mr. Foysal holds an MBA in Finance from North South University and a B.Sc. in Electrical & Electronic Engineering from East West University. He is a CFA Charterholder, having passed all three levels of the CFA Program on his first attempt.


S M Toufique Imran

Research Analyst

S M Toufique Imran joined BRAC EPL Stock Brokerage in November 2023 as a Research Associate. Prior to this role, he worked as an Equity Research Intern in the research team of BRAC EPL Stock Brokerage. In 2023, he completed his B.B.A from the School of Business & Economics at North South University, majoring in Finance & Economics. Additionally, he was recognized as one of the finalists in the CFA Research Challenge (2023).


Tasviha Taher Trishila

Research Associate

Tasviha Taher Trishila joined BRAC EPL Stock Brokerage in March 2025 as a Research Associate. Previously, she worked as  a Management Trainee at IPDC Finance Limited from July 2019 to August 2021. She completed her B.B.A from Institute of Business Administration, University of Dhaka (2019) and Master of Social Science (MSS) in Economics from East West University (2021). In addition, she has obtained a Master of Quantitative Finance from University of Maryland, USA (2022).