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   1JANATAMF    3.10 UP-DOWN
   1STPRIMFMF    18.50 DOWN
   AAMRANET    16.50 UP
   AAMRATECH    13.20 UP
   ABB1STMF    3.40 UP-DOWN
   ABBANK    5.90 UP-DOWN
   ABBLPBOND    1050.00 UP-DOWN
   ACFL    18.10 UP-DOWN
   ACI    208.70 DOWN
   ACIFORMULA    140.00 DOWN
   ACMELAB    75.90 UP
   ACMEPL    26.00 DOWN
   ACTIVEFINE    6.80 DOWN
   ADNTEL    61.30 DOWN
   ADVENT    14.10 UP-DOWN
   AFCAGRO    6.90 DOWN
   AFTABAUTO    28.20 UP
   AGNISYSL    21.80 UP
   AGRANINS    21.00 UP
   AIBL1STIMF    4.10 UP-DOWN
   AIL    28.80 DOWN
   AL-HAJTEX    113.00 DOWN
   ALARABANK    15.60 UP-DOWN
   ALIF    4.90 UP-DOWN
   ALLTEX    13.30 UP-DOWN
   AMANFEED    24.60 DOWN
   AMBEEPHA    755.10 DOWN
   AMCL(PRAN)    209.00 DOWN
   ANLIMAYARN    19.40 UP
   ANWARGALV    96.40 DOWN
   AOL    16.10 UP-DOWN
   APEXFOODS    237.50 DOWN
   APEXFOOT    192.50 UP
   APEXSPINN    256.20 UP
   APEXTANRY    73.80 DOWN
   APOLOISPAT    3.60 DOWN
   APSCLBOND    1125.00 UP
   ARAMIT    173.60 DOWN
   ARAMITCEM    11.50 DOWN
   ARGONDENIM    17.10 UP
   ASIAINS    40.50 DOWN
   ASIAPACINS    37.30 DOWN
   ASIATICLAB    88.70 UP
   ATLASBANG    67.70 DOWN
   AZIZPIPES    49.90 DOWN
   BANGAS    139.20 DOWN
   BANKASIA    21.00 DOWN
   BARKAPOWER    7.60 UP-DOWN
   BATASHOE    845.90 UP
   BATBC    216.20 DOWN
   BAYLEASING    5.00 DOWN
   BBS    12.90 DOWN
   BBSCABLES    21.40 DOWN
   BDAUTOCA    247.20 DOWN
   BDCOM    29.60 DOWN
   BDFINANCE    13.00 UP
   BDLAMPS    159.10 DOWN
   BDTHAI    13.10 DOWN
   BDTHAIFOOD    19.50 DOWN
   BDWELDING    16.20 UP
   BEACHHATCH    30.20 DOWN
   BEACONPHAR    104.00 UP
   BENGALWTL    22.40 DOWN
   BERGERPBL    1390.50 DOWN
   BESTHLDNG    13.20 DOWN
   BEXGSUKUK    66.50 DOWN
   BEXIMCO    110.10 UP-DOWN
   BGIC    33.70 UP
   BIFC    5.50 DOWN
   BNICL    70.90 DOWN
   BPML    28.00 UP
   BPPL    14.70 UP-DOWN
   BRACBANK    71.00 UP
   BSC    107.20 DOWN
   BSCPLC    139.00 DOWN
   BSRMLTD    82.70 UP
   BSRMSTEEL    69.00 UP
   BXPHARMA    117.60 UP
   CAPITECGBF    7.00 UP
   CAPMBDBLMF    13.00 UP
   CAPMIBBLMF    9.00 DOWN
   CENTRALINS    40.40 DOWN
   CENTRALPHL    9.00 UP-DOWN
   CITYBANK    30.80 UP
   CITYGENINS    100.00 UP-DOWN
   CLICL    57.90 DOWN
   CNATEX    3.50 DOWN
   CONFIDCEM    62.80 UP
   CONTININS    25.20 DOWN
   COPPERTECH    22.00 DOWN
   CROWNCEMNT    49.50 UP
   CRYSTALINS    77.30 DOWN
   CVOPRL    157.10 DOWN
   DACCADYE    16.10 DOWN
   DAFODILCOM    101.50 UP
   DBH    39.30 DOWN
   DBH1STMF    4.90 UP-DOWN
   DELTALIFE    72.10 UP
   DELTASPINN    6.70 UP
   DESCO    23.20 DOWN
   DESHBANDHU    17.90 DOWN
   DGIC    20.80 UP
   DHAKABANK    11.90 DOWN
   DHAKAINS    38.80 UP-DOWN
   DOMINAGE    54.50 UP
   DOREENPWR    28.80 UP
   DSHGARME    111.20 DOWN
   DSSL    9.90 UP
   DULAMIACOT    124.80 DOWN
   DUTCHBANGL    40.20 DOWN
   EASTERNINS    56.20 UP
   EASTLAND    20.70 UP-DOWN
   EASTRNLUB    1519.30 DOWN
   EBL    26.70 DOWN
   EBL1STMF    3.90 UP-DOWN
   EBLNRBMF    3.00 DOWN
   ECABLES    131.80 UP
   EGEN    23.00 UP
   EHL    77.40 UP
   EIL    27.40 UP
   EMERALDOIL    15.70 DOWN
   ENVOYTEX    49.40 UP
   EPGL    16.80 DOWN
   ESQUIRENIT    21.00 UP
   ETL    9.90 UP
   EXIM1STMF    3.90 DOWN
   FAMILYTEX    3.10 DOWN
   FARCHEM    17.10 DOWN
   FAREASTFIN    2.60 DOWN
   FAREASTLIF    21.00 UP
   FASFIN    2.70 DOWN
   FBFIF    3.10 UP-DOWN
   FEDERALINS    20.20 DOWN
   FEKDIL    14.30 UP-DOWN
   FINEFOODS    501.10 DOWN
   FIRSTFIN    5.10 DOWN
   FORTUNE    14.10 UP
   FUWANGCER    12.80 DOWN
   FUWANGFOOD    10.30 DOWN
   GBBPOWER    8.50 DOWN
   GEMINISEA    114.50 UP
   GENEXIL    28.00 UP-DOWN
   GENNEXT    3.30 DOWN
   GHAIL    13.50 DOWN
   GHCL    19.50 UP
   GLDNJMF    6.10 DOWN
   GLOBALINS    28.70 UP
   GOLDENSON    14.80 DOWN
   GP    242.80 UP
   GPHISPAT    16.90 UP
   GQBALLPEN    607.90 UP
   GRAMEENS2    12.40 UP-DOWN
   GREENDELMF    3.40 UP-DOWN
   GREENDELT    56.40 DOWN
   GSPFINANCE    4.50 DOWN
   HAKKANIPUL    78.00 DOWN
   HAMI    176.40 UP
   HEIDELBCEM    225.20 DOWN
   HFL    16.00 UP
   HRTEX    18.60 DOWN
   HWAWELLTEX    41.10 DOWN
   IBNSINA    315.50 UP
   IBP    13.30 DOWN
   ICB    36.90 UP
   ICB3RDNRB    4.50 UP-DOWN
   ICBAGRANI1    6.70 UP
   ICBAMCL2ND    5.80 DOWN
   ICBEPMF1S1    5.40 UP-DOWN
   ICBIBANK    2.90 DOWN
   ICBSONALI1    4.70 UP-DOWN
   ICICL    21.60 UP
   IFADAUTOS    22.70 DOWN
   IFIC    5.20 UP-DOWN
   IFIC1STMF    4.10 UP-DOWN
   IFILISLMF1    4.10 UP-DOWN
   ILFSL    2.70 DOWN
   INDEXAGRO    66.60 DOWN
   INTECH    38.60 DOWN
   INTRACO    18.00 UP-DOWN
   IPDC    19.00 UP-DOWN
   ISLAMIBANK    38.00 DOWN
   ISLAMICFIN    10.90 UP
   ISLAMIINS    39.00 DOWN
   ISNLTD    75.70 DOWN
   ITC    40.10 UP
   JAMUNABANK    23.40 UP
   JAMUNAOIL    169.80 UP
   JANATAINS    33.20 UP
   JHRML    43.70 DOWN
   JMISMDL    121.80 DOWN
   JUTESPINN    210.70 UP
   KARNAPHULI    31.30 UP
   KAY&QUE    478.00 UP
   KBPPWBIL    53.30 UP
   KDSALTD    48.40 UP
   KEYACOSMET    4.90 UP-DOWN
   KOHINOOR    507.90 UP-DOWN
   KPCL    10.60 UP
   KPPL    15.80 DOWN
   KTL    9.70 UP
   LANKABAFIN    14.30 UP-DOWN
   LEGACYFOOT    76.50 UP
   LHB    50.50 DOWN
   LIBRAINFU    626.50 DOWN
   LINDEBD    682.20 DOWN
   LOVELLO    74.80 UP
   LRBDL    10.50 DOWN
   LRGLOBMF1    3.40 UP-DOWN
   MAGURAPLEX    84.30 DOWN
   MAKSONSPIN    5.90 UP-DOWN
   MALEKSPIN    27.40 UP
   MARICO    2750.00 DOWN
   MATINSPINN    45.20 UP-DOWN
   MBL1STMF    4.10 DOWN
   MEGCONMILK    36.40 UP-DOWN
   MEGHNACEM    33.70 DOWN
   MEGHNAINS    29.30 UP
   MEGHNALIFE    53.40 UP-DOWN
   MEGHNAPET    33.00 UP
   MERCANBANK    8.80 UP-DOWN
   MERCINS    24.30 DOWN
   METROSPIN    9.10 UP
   MHSML    18.10 UP
   MIDASFIN    6.00 DOWN
   MIDLANDBNK    15.80 DOWN
   MIRACLEIND    27.10 UP-DOWN
   MIRAKHTER    36.40 UP
   MITHUNKNIT    16.00 UP
   MJLBD    87.30 UP
   MLDYEING    8.60 UP-DOWN
   MONNOAGML    342.80 DOWN
   MONNOCERA    84.30 DOWN
   MONNOFABR    22.20 DOWN
   MONOSPOOL    101.20 DOWN
   MPETROLEUM    200.00 UP
   MTB    12.80 UP
   NAHEEACP    22.40 DOWN
   NATLIFEINS    97.90 UP
   NAVANACNG    20.80 UP
   NAVANAPHAR    59.10 UP-DOWN
   NBL    4.70 UP
   NCCBANK    13.10 UP
   NCCBLMF1    4.40 DOWN
   NEWLINE    5.80 UP-DOWN
   NFML    15.40 UP
   NHFIL    23.30 UP
   NITOLINS    28.40 DOWN
   NORTHERN    114.70 DOWN
   NORTHRNINS    30.80 DOWN
   NPOLYMER    29.70 DOWN
   NRBBANK    6.90 UP-DOWN
   NRBCBANK    7.20 DOWN
   NTC    160.90 UP
   NTLTUBES    61.80 DOWN
   NURANI    3.20 DOWN
   OAL    6.30 UP-DOWN
   OIMEX    13.20 DOWN
   OLYMPIC    144.00 UP
   ONEBANKPLC    7.00 UP-DOWN
   ORIONINFU    328.40 DOWN
   ORIONPHARM    27.80 DOWN
   PADMALIFE    17.00 DOWN
   PADMAOIL    176.50 UP
   PARAMOUNT    52.40 DOWN
   PDL    5.70 UP-DOWN
   PENINSULA    21.40 DOWN
   PEOPLESINS    46.00 DOWN
   PF1STMF    6.90 UP-DOWN
   PHARMAID    543.00 UP
   PHENIXINS    37.60 UP
   PHOENIXFIN    3.80 DOWN
   PHPMF1    3.30 DOWN
   PIONEERINS    60.00 DOWN
   PLFSL    2.90 UP-DOWN
   POPULAR1MF    3.20 UP
   POPULARLIF    49.90 UP
   POWERGRID    29.50 UP-DOWN
   PRAGATIINS    70.40 DOWN
   PRAGATILIF    185.80 DOWN
   PREMIERBAN    4.90 UP-DOWN
   PREMIERCEM    39.10 UP
   PREMIERLEA    2.60 DOWN
   PRIME1ICBA    4.50 UP-DOWN
   PRIMEBANK    32.80 UP
   PRIMEFIN    4.00 DOWN
   PRIMEINSUR    34.00 DOWN
   PRIMELIFE    33.50 UP
   PRIMETEX    18.70 UP
   PROGRESLIF    38.80 DOWN
   PROVATIINS    31.90 DOWN
   PTL    59.40 UP
   PUBALIBANK    36.50 UP
   PURABIGEN    21.40 UP
   QUASEMIND    40.50 DOWN
   QUEENSOUTH    12.00 UP
   RAHIMAFOOD    113.20 DOWN
   RAHIMTEXT    199.00 DOWN
   RAKCERAMIC    23.40 UP
   RANFOUNDRY    151.20 DOWN
   RDFOOD    20.90 DOWN
   RECKITTBEN    3480.70 UP
   REGENTTEX    4.40 DOWN
   RELIANCE1    11.80 DOWN
   RELIANCINS    72.80 UP
   RENATA    417.40 UP
   RENWICKJA    502.10 UP
   REPUBLIC    32.20 DOWN
   RINGSHINE    3.50 DOWN
   ROBI    28.50 UP
   RSRMSTEEL    8.00 UP-DOWN
   RUNNERAUTO    39.20 UP
   RUPALIBANK    17.50 UP
   RUPALIINS    22.60 DOWN
   RUPALILIFE    81.10 DOWN
   SAFKOSPINN    18.30 DOWN
   SAIFPOWER    7.10 UP
   SAIHAMCOT    20.70 UP
   SAIHAMTEX    18.50 DOWN
   SALAMCRST    16.70 DOWN
   SALVO    31.70 DOWN
   SAMATALETH    87.00 DOWN
   SAMORITA    70.40 DOWN
   SANDHANINS    20.00 DOWN
   SAPORTL    49.90 UP
   SBACBANK    6.70 UP-DOWN
   SEAPEARL    36.80 DOWN
   SEMLFBSLGF    5.50 UP
   SEMLIBBLSF    6.10 UP-DOWN
   SHAHJABANK    17.50 UP-DOWN
   SHARPIND    16.50 DOWN
   SHASHADNIM    19.90 UP
   SHEPHERD    14.60 UP
   SHURWID    6.50 DOWN
   SHYAMPSUG    153.50 UP
   SICL    21.10 UP
   SILCOPHL    14.80 UP-DOWN
   SILVAPHL    11.80 UP
   SIMTEX    24.40 UP
   SINGERBD    92.10 UP
   SINOBANGLA    49.40 DOWN
   SIPLC    70.30 DOWN
   SKTRIMS    9.50 DOWN
   SLIPLC    59.20 UP
   SONALIANSH    155.90 DOWN
   SONALIPAPR    233.60 DOWN
   SONARBAINS    28.50 UP
   SONARGAON    37.80 DOWN
   SOUTHEASTB    9.10 DOWN
   SPCERAMICS    22.00 UP
   SPCL    52.80 DOWN
   SQUARETEXT    48.30 UP
   SQURPHARMA    211.90 DOWN
   SSSTEEL    5.00 DOWN
   STANCERAM    70.80 UP
   STANDARINS    44.00 UP
   STANDBANKL    5.10 DOWN
   STYLECRAFT    53.20 UP
   SUMITPOWER    13.70 UP-DOWN
   SUNLIFEINS    64.30 DOWN
   TAKAFULINS    31.50 DOWN
   TALLUSPIN    8.30 UP
   TAMIJTEX    113.50 DOWN
   TB20Y0143    87.04 DOWN
   TB5Y1029    105.71 DOWN
   TB5Y1228    99.86 DOWN
   TB5Y1229    105.54 UP
   TECHNODRUG    35.50 DOWN
   TILIL    44.40 DOWN
   TITASGAS    16.80 DOWN
   TOSRIFA    17.30 UP
   TRUSTB1MF    3.20 UP-DOWN
   TRUSTBANK    17.60 UP-DOWN
   TUNGHAI    3.20 DOWN
   UCB    9.10 UP
   UNILEVERCL    2082.00 DOWN
   UNIONCAP    5.00 DOWN
   UNIONINS    33.80 DOWN
   UNIQUEHRL    38.40 UP
   UNITEDFIN    12.30 DOWN
   UNITEDINS    42.70 DOWN
   UPGDCL    117.00 UP-DOWN
   USMANIAGL    34.50 UP
   UTTARABANK    25.00 DOWN
   UTTARAFIN    13.10 DOWN
   VAMLRBBF    5.90 UP-DOWN
   VFSTDL    12.40 UP
   WALTONHIL    377.40 UP
   WATACHEM    134.20 DOWN
   WMSHIPYARD    8.90 UP-DOWN
   YPL    18.40 DOWN
   ZAHEENSPIN    5.70 UP-DOWN
   ZAHINTEX    6.90 UP-DOWN
   ZEALBANGLA    136.00 UP

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 currently working as Research Analyst. He has over three years of work experience in Egypt, covering MENA. Before joining BRAC EPL, he worked as an Equity Analyst in 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).