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   1JANATAMF    3.30 UP
   1STPRIMFMF    36.20 UP
   AAMRANET    18.40 UP
   AAMRATECH    15.80 UP
   ABB1STMF    3.30 DOWN
   ABBANK    4.40 UP
   ABBLPBOND    980.00 DOWN
   ACFL    22.60 UP-DOWN
   ACI    177.10 UP
   ACIFORMULA    142.50 UP
   ACMELAB    78.00 UP
   ACMEPL    23.70 UP
   ACTIVEFINE    4.30 UP-DOWN
   ADNTEL    54.40 UP
   ADVENT    13.40 UP
   AFCAGRO    4.80 UP-DOWN
   AFTABAUTO    25.60 UP
   AGNISYSL    26.50 UP
   AGRANINS    32.20 UP
   AIBL1STIMF    5.30 UP
   AIBLPBOND    4312.50 UP-DOWN
   AIL    27.50 UP
   AL-HAJTEX    70.30 UP
   ALARABANK    15.60 UP-DOWN
   ALIF    4.40 UP
   ALLTEX    27.20 UP
   AMANFEED    28.60 UP
   AMBEEPHA    735.20 DOWN
   AMCL(PRAN)    208.00 DOWN
   ANLIMAYARN    29.90 UP
   ANWARGALV    116.50 DOWN
   AOL    16.60 UP
   APEXFOODS    294.50 UP
   APEXFOOT    161.70 DOWN
   APEXSPINN    407.40 UP
   APEXTANRY    72.00 UP
   APOLOISPAT    2.40 UP
   ARAMIT    168.50 DOWN
   ARAMITCEM    10.70 UP
   ARGONDENIM    19.70 UP
   ASIAINS    39.00 UP
   ASIAPACINS    44.10 UP
   ASIATICLAB    106.80 UP
   ATLASBANG    79.00 UP
   AZIZPIPES    96.70 UP
   BANGAS    108.10 UP
   BANKASI1PB    7900.00 DOWN
   BANKASIA    16.70 UP
   BARKAPOWER    9.70 DOWN
   BATASHOE    890.00 UP
   BATBC    220.00 UP
   BAYLEASING    4.20 UP
   BBS    8.90 UP
   BBSCABLES    15.60 UP
   BDAUTOCA    165.30 UP
   BDCOM    26.60 UP
   BDFINANCE    11.20 UP
   BDLAMPS    221.30 UP
   BDTHAI    11.20 UP
   BDTHAIFOOD    15.90 UP
   BDWELDING    10.90 UP
   BEACHHATCH    23.30 UP
   BEACONPHAR    93.30 UP
   BENGALWTL    21.20 UP
   BERGERPBL    1459.00 UP
   BESTHLDNG    13.60 UP
   BEXGSUKUK    80.50 UP
   BEXIMCO    20.20 UP
   BGIC    39.80 UP
   BIFC    3.40 UP
   BNIPLC    160.10 DOWN
   BPML    26.30 UP
   BPPL    21.00 UP
   BRACBANK    68.20 UP
   BSC    104.20 UP
   BSCPLC    143.90 UP
   BSRMLTD    96.80 UP
   BSRMSTEEL    91.10 DOWN
   BXPHARMA    143.00 UP
   CAPITECGBF    7.60 UP-DOWN
   CAPMIBBLMF    15.70 UP-DOWN
   CENTRALINS    42.50 UP
   CENTRALPHL    8.40 UP
   CITYBANK    29.90 UP
   CITYGENINS    130.50 DOWN
   CLICL    44.90 UP
   CNATEX    2.50 UP-DOWN
   CONFIDCEM    57.60 UP
   CONTININS    30.70 UP
   COPPERTECH    23.40 UP
   CROWNCEMNT    57.90 UP
   CRYSTALINS    63.50 UP
   CVOPRL    147.40 UP
   DACCADYE    15.00 UP
   DAFODILCOM    152.90 UP
   DBH    38.90 UP
   DBH1STMF    5.10 UP
   DELTALIFE    68.70 UP-DOWN
   DELTASPINN    7.30 UP-DOWN
   DESCO    22.30 UP
   DESHBANDHU    13.50 UP-DOWN
   DGIC    40.70 UP
   DHAKABANK    11.10 DOWN
   DHAKAINS    41.20 UP
   DOMINAGE    61.90 UP
   DOREENPWR    32.40 UP
   DSHGARME    124.60 DOWN
   DSSL    9.30 UP
   DULAMIACOT    193.00 UP
   DUTCHBANGL    46.60 UP
   EASTERNINS    55.70 UP
   EASTLAND    26.50 UP
   EASTRNLUB    2026.50 DOWN
   EBL    24.20 UP
   EBL1STMF    4.00 UP-DOWN
   EBLNRBMF    3.20 UP-DOWN
   ECABLES    114.20 UP
   EGEN    19.70 UP
   EIL    31.10 UP
   EMERALDOIL    25.50 UP
   ENVOYTEX    68.30 DOWN
   EPGL    15.00 UP
   ESQUIRENIT    21.80 UP
   ETL    13.60 UP
   EXIM1STMF    5.40 UP-DOWN
   FAMILYTEX    2.00 UP-DOWN
   FARCHEM    16.10 DOWN
   FAREASTLIF    16.60 UP
   FBFIF    3.20 UP-DOWN
   FEDERALINS    26.70 UP
   FEKDIL    19.40 UP-DOWN
   FINEFOODS    437.10 DOWN
   FIRSTFIN    4.40 UP
   FORTUNE    13.60 UP
   FUWANGCER    11.10 UP
   FUWANGFOOD    8.00 UP
   GBBPOWER    12.00 DOWN
   GEMINISEA    101.20 DOWN
   GENEXIL    28.70 UP
   GENNEXT    2.50 UP-DOWN
   GHAIL    11.70 UP
   GHCL    19.80 UP
   GLDNJMF    8.30 UP
   GLOBALINS    39.30 UP
   GOLDENSON    10.00 UP
   GP    238.00 UP
   GPHISPAT    15.50 UP
   GQBALLPEN    581.70 UP
   GRAMEENS2    11.70 UP
   GREENDELMF    4.60 UP-DOWN
   GREENDELT    62.60 DOWN
   GSPFINANCE    3.40 DOWN
   HAKKANIPUL    66.20 UP
   HAMI    139.50 DOWN
   HEIDELBCEM    197.10 UP
   HFL    11.80 UP
   HRTEX    15.10 UP
   HWAWELLTEX    46.10 UP
   IBBLPBOND    660.00 DOWN
   IBNSINA    295.70 UP
   IBP    12.60 UP
   ICB    34.40 DOWN
   ICB3RDNRB    5.70 UP
   ICBAGRANI1    7.50 UP-DOWN
   ICBAMCL2ND    9.20 UP-DOWN
   ICBEPMF1S1    5.80 UP
   ICBIBANK    2.60 UP
   ICBSONALI1    7.50 DOWN
   ICICL    36.80 UP
   IDLC    42.00 UP
   IFADAUTOS    21.70 UP
   IFIC    5.00 UP-DOWN
   IFIC1STMF    3.60 UP
   IFILISLMF1    5.60 UP
   INDEXAGRO    67.70 UP
   INTECH    20.10 UP
   INTRACO    23.40 DOWN
   IPDC    29.70 UP
   ISLAMIBANK    23.00 UP-DOWN
   ISLAMICFIN    10.80 UP
   ISLAMIINS    69.40 DOWN
   ISNLTD    37.30 DOWN
   ITC    39.50 UP
   JAMUNABANK    23.40 UP-DOWN
   JAMUNAOIL    178.70 UP
   JANATAINS    31.40 UP
   JHRML    39.00 DOWN
   JMISMDL    124.20 UP
   JUTESPINN    198.00 UP
   KARNAPHULI    49.80 UP
   KAY&QUE    360.40 DOWN
   KBPPWBIL    32.00 UP
   KDSALTD    41.60 UP
   KEYACOSMET    4.70 DOWN
   KOHINOOR    517.90 UP
   KPCL    10.60 UP
   KPPL    12.70 UP
   KTL    13.30 UP
   LANKABAFIN    13.10 UP
   LEGACYFOOT    62.30 DOWN
   LHB    49.20 UP
   LIBRAINFU    591.10 DOWN
   LINDEBD    628.00 UP
   LOVELLO    47.90 UP
   LRBDL    11.80 UP
   LRGLOBMF1    4.10 UP
   MAGURAPLEX    76.00 UP
   MAKSONSPIN    4.70 UP
   MALEKSPIN    44.50 DOWN
   MARICO    2650.00 UP
   MATINSPINN    80.70 DOWN
   MBL1STMF    9.00 UP
   MEGCONMILK    28.50 DOWN
   MEGHNACEM    28.80 DOWN
   MEGHNAINS    30.80 UP
   MEGHNALIFE    49.00 UP
   MEGHNAPET    66.20 UP
   MERCANBANK    6.40 UP-DOWN
   MERCINS    41.70 UP
   METROSPIN    8.30 UP-DOWN
   MHSML    16.60 UP
   MIDASFIN    4.60 UP
   MIDLANDBNK    17.10 UP
   MIRACLEIND    29.80 UP
   MIRAKHTER    25.50 UP
   MITHUNKNIT    12.80 DOWN
   MJLBD    90.00 UP
   MLDYEING    9.70 UP
   MONNOAGML    278.00 UP
   MONNOCERA    74.20 UP
   MONNOFABR    16.70 UP
   MONOSPOOL    101.70 UP
   MPETROLEUM    208.90 UP
   MTB    12.90 UP
   NAHEEACP    38.00 UP
   NATLIFEINS    91.90 DOWN
   NAVANACNG    18.20 UP
   NAVANAPHAR    60.30 UP
   NBL    3.70 UP
   NCCBANK    15.20 UP
   NCCBLMF1    5.60 UP-DOWN
   NEWLINE    4.70 UP
   NFML    12.80 UP
   NHFIL    25.10 UP
   NITOLINS    57.70 UP
   NORTHERN    94.10 DOWN
   NORTHRNINS    32.40 UP
   NPOLYMER    27.30 UP
   NRBBANK    6.80 UP-DOWN
   NRBCBANK    9.30 UP
   NTC    144.00 UP
   NTLTUBES    56.50 UP
   NURANI    2.70 UP
   OAL    5.20 UP
   OIMEX    13.10 UP
   OLYMPIC    136.40 UP
   ONEBANKPLC    7.00 UP
   ORIONINFU    228.70 DOWN
   ORIONPHARM    28.70 UP
   PADMALIFE    14.80 UP
   PADMAOIL    194.90 UP-DOWN
   PARAMOUNT    62.40 DOWN
   PDL    4.90 UP
   PENINSULA    16.90 UP
   PEOPLESINS    55.70 UP
   PF1STMF    10.70 UP
   PHARMAID    548.90 UP
   PHENIXINS    43.00 UP
   PHOENIXFIN    3.60 UP-DOWN
   PHPMF1    3.40 UP
   PIONEERINS    65.00 UP
   PLFSL    1.70 UP
   POPULAR1MF    3.30 UP-DOWN
   POPULARLIF    51.50 UP-DOWN
   POWERGRID    38.60 UP
   PRAGATIINS    70.20 UP
   PRAGATILIF    131.30 UP
   PREBPBOND    4300.00 DOWN
   PREMIERBAN    5.60 UP
   PREMIERCEM    39.20 DOWN
   PREMIERLEA    2.00 UP-DOWN
   PRIME1ICBA    6.60 UP-DOWN
   PRIMEBANK    29.90 DOWN
   PRIMEFIN    2.70 UP-DOWN
   PRIMEINSUR    44.40 UP
   PRIMELIFE    35.10 UP
   PRIMETEX    13.20 UP
   PROGRESLIF    37.60 UP
   PROVATIINS    55.60 UP
   PTL    75.60 UP
   PUBALIBANK    40.50 DOWN
   PURABIGEN    28.50 UP
   QUASEMIND    38.10 UP
   QUEENSOUTH    12.30 UP
   RAHIMAFOOD    65.00 DOWN
   RAHIMTEXT    170.70 UP
   RAKCERAMIC    24.20 DOWN
   RANFOUNDRY    146.50 UP
   RDFOOD    21.50 UP
   RECKITTBEN    3236.70 UP
   REGENTTEX    4.60 DOWN
   RELIANCE1    11.10 UP-DOWN
   RELIANCINS    93.10 UP
   RENATA    430.30 DOWN
   RENWICKJA    807.20 UP
   REPUBLIC    35.10 UP
   RINGSHINE    3.50 UP
   ROBI    29.90 UP
   RSRMSTEEL    6.50 UP-DOWN
   RUNNERAUTO    46.60 UP
   RUPALIBANK    16.30 UP
   RUPALIINS    26.70 UP
   RUPALILIFE    73.70 DOWN
   SAFKOSPINN    21.00 UP
   SAIFPOWER    6.30 UP
   SAIHAMCOT    20.90 UP
   SAIHAMTEX    45.10 DOWN
   SALAMCRST    11.70 UP
   SALVO    28.10 UP
   SAMATALETH    92.70 UP
   SAMORITA    86.10 DOWN
   SANDHANINS    22.40 UP
   SAPORTL    61.20 UP
   SBACBANK    6.70 UP
   SEAPEARL    33.40 UP
   SEMLFBSLGF    6.50 UP-DOWN
   SHAHJABANK    17.30 UP
   SHARPIND    11.30 UP
   SHASHADNIM    26.80 UP
   SHEPHERD    10.40 UP
   SHURWID    4.80 UP-DOWN
   SHYAMPSUG    286.70 UP
   SICL    30.50 UP
   SILCOPHL    14.90 UP
   SILVAPHL    9.70 UP
   SIMTEX    24.50 UP
   SINGERBD    67.30 DOWN
   SINOBANGLA    48.50 UP
   SIPLC    132.40 UP
   SKTRIMS    13.10 UP
   SONALIANSH    209.40 DOWN
   SONALILIFE    102.20 UP
   SONALIPAPR    210.50 DOWN
   SONARBAINS    40.40 UP
   SONARGAON    120.70 UP
   SOUTHEASTB    11.80 UP-DOWN
   SPCERAMICS    20.30 UP
   SPCL    56.30 UP
   SQUARETEXT    49.70 DOWN
   SQURPHARMA    218.80 UP-DOWN
   SSSTEEL    5.00 UP-DOWN
   STANCERAM    60.90 UP
   STANDARINS    49.60 UP
   STANDBANKL    4.10 UP
   STYLECRAFT    49.00 UP
   SUMITPOWER    15.80 UP
   SUNLIFEINS    49.10 UP
   TAKAFULINS    44.80 UP
   TALLUSPIN    5.70 UP-DOWN
   TAMIJTEX    104.70 DOWN
   TB10Y0434    116.32 UP
   TB20Y1242    93.59 DOWN
   TB5Y0429    106.77 DOWN
   TECHNODRUG    33.50 UP
   TILIL    42.50 UP
   TITASGAS    16.80 UP
   TOSRIFA    17.40 UP
   TRUSTB1MF    3.30 UP-DOWN
   TRUSTBANK    13.20 DOWN
   TUNGHAI    5.00 DOWN
   UCB    9.20 UP
   UNILEVERCL    1978.90 UP
   UNIONCAP    4.10 UP-DOWN
   UNIONINS    44.70 UP
   UNIQUEHRL    39.00 UP
   UNITEDFIN    16.00 UP
   UNITEDINS    55.20 UP
   UPGDCL    112.50 UP
   USMANIAGL    54.30 UP
   UTTARABANK    21.20 UP-DOWN
   UTTARAFIN    10.80 UP
   VAMLRBBF    7.90 DOWN
   VFSTDL    11.20 UP
   WALTONHIL    328.50 UP
   WATACHEM    120.30 UP
   WMSHIPYARD    8.00 UP
   YPL    18.60 DOWN
   ZAHEENSPIN    4.60 UP
   ZAHINTEX    7.50 DOWN
   ZEALBANGLA    166.30 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 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).