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   1JANATAMF    3.50 UP-DOWN
   1STPRIMFMF    21.10 DOWN
   AAMRANET    19.50 DOWN
   AAMRATECH    17.10 UP
   ABB1STMF    3.50 DOWN
   ABBANK    4.70 UP
   ACFL    23.40 UP-DOWN
   ACI    190.10 DOWN
   ACIFORMULA    158.70 DOWN
   ACMELAB    79.80 UP
   ACMEPL    24.90 DOWN
   ACTIVEFINE    6.30 UP
   ADNTEL    62.70 UP
   ADVENT    14.30 UP
   AFCAGRO    6.70 UP-DOWN
   AFTABAUTO    28.50 UP
   AGNISYSL    29.30 UP-DOWN
   AGRANINS    29.50 UP
   AIBL1STIMF    5.40 UP-DOWN
   AIBLPBOND    4050.00 UP
   AIL    34.10 DOWN
   AL-HAJTEX    86.10 DOWN
   ALARABANK    17.20 DOWN
   ALIF    5.60 UP
   ALLTEX    25.10 DOWN
   AMANFEED    34.50 DOWN
   AMBEEPHA    752.20 DOWN
   AMCL(PRAN)    222.80 UP
   ANLIMAYARN    31.50 DOWN
   ANWARGALV    106.00 UP
   AOL    16.90 DOWN
   APEXFOODS    274.20 UP
   APEXFOOT    211.90 DOWN
   APEXSPINN    343.00 UP
   APEXTANRY    101.40 UP
   APOLOISPAT    3.10 UP-DOWN
   APSCLBOND    1057.00 UP
   ARAMIT    208.00 DOWN
   ARAMITCEM    12.40 UP
   ARGONDENIM    21.70 UP-DOWN
   ASIAINS    42.10 DOWN
   ASIAPACINS    49.20 DOWN
   ASIATICLAB    111.60 DOWN
   ATLASBANG    86.80 UP
   AZIZPIPES    80.40 UP
   BANGAS    126.30 UP
   BANKASIA    17.00 UP-DOWN
   BARKAPOWER    10.80 UP
   BATASHOE    895.00 DOWN
   BATBC    236.40 DOWN
   BAYLEASING    4.90 UP
   BBS    13.00 UP
   BBSCABLES    18.50 UP
   BDAUTOCA    204.10 DOWN
   BDCOM    29.60 DOWN
   BDFINANCE    12.70 UP-DOWN
   BDLAMPS    213.90 DOWN
   BDTHAI    15.60 UP
   BDTHAIFOOD    23.60 UP
   BDWELDING    13.40 UP-DOWN
   BEACHHATCH    30.00 UP
   BEACONPHAR    104.30 UP
   BENGALWTL    24.20 UP-DOWN
   BERGERPBL    1494.40 UP
   BESTHLDNG    14.30 UP
   BEXGSUKUK    69.50 UP-DOWN
   BEXIMCO    23.60 DOWN
   BGIC    41.10 DOWN
   BIFC    4.20 UP
   BNICL    106.30 DOWN
   BPML    27.50 UP
   BPPL    19.90 UP
   BRACBANK    63.20 UP
   BSC    113.90 UP
   BSCPLC    154.00 UP
   BSRMLTD    100.00 UP
   BSRMSTEEL    89.90 DOWN
   BXPHARMA    145.00 UP
   CAPITECGBF    8.80 DOWN
   CAPMBDBLMF    8.00 DOWN
   CAPMIBBLMF    13.30 UP
   CENTRALINS    44.00 UP
   CENTRALPHL    10.20 UP
   CITYBANK    30.30 DOWN
   CITYGENINS    127.20 DOWN
   CLICL    43.90 UP
   CNATEX    3.30 UP
   CONFIDCEM    63.90 UP
   CONTININS    35.00 UP
   COPPERTECH    24.20 UP
   CROWNCEMNT    63.10 DOWN
   CRYSTALINS    64.10 DOWN
   CVOPRL    167.30 DOWN
   DACCADYE    15.70 UP
   DAFODILCOM    163.90 DOWN
   DBH    41.30 DOWN
   DBH1STMF    5.20 UP-DOWN
   DELTALIFE    76.00 UP
   DELTASPINN    7.40 UP
   DESCO    23.60 DOWN
   DESHBANDHU    18.90 DOWN
   DGIC    31.90 DOWN
   DHAKABANK    12.10 UP-DOWN
   DHAKAINS    45.00 DOWN
   DOMINAGE    63.00 UP-DOWN
   DOREENPWR    31.80 UP
   DSHGARME    174.70 UP
   DSSL    11.60 UP
   DULAMIACOT    196.20 DOWN
   DUTCHBANGL    46.10 UP
   EASTERNINS    63.10 UP
   EASTLAND    28.70 UP
   EASTRNLUB    1885.70 DOWN
   EBL    23.90 UP
   EBL1STMF    4.10 DOWN
   EBLNRBMF    3.50 UP-DOWN
   ECABLES    134.10 UP
   EGEN    24.80 UP-DOWN
   EHL    90.40 UP
   EIL    31.50 DOWN
   EMERALDOIL    29.70 DOWN
   ENVOYTEX    59.30 DOWN
   EPGL    18.20 DOWN
   ESQUIRENIT    27.00 UP
   ETL    12.60 UP
   EXIM1STMF    6.10 DOWN
   FAMILYTEX    2.50 UP-DOWN
   FARCHEM    17.20 UP
   FAREASTLIF    20.40 UP
   FBFIF    3.60 UP-DOWN
   FEDERALINS    29.10 DOWN
   FEKDIL    23.20 DOWN
   FINEFOODS    468.00 UP
   FIRSTFIN    4.80 UP
   FORTUNE    16.30 UP
   FUWANGCER    14.30 UP
   FUWANGFOOD    9.90 UP
   GBBPOWER    13.90 DOWN
   GEMINISEA    116.30 DOWN
   GENEXIL    36.10 DOWN
   GENNEXT    3.10 UP-DOWN
   GHAIL    13.60 DOWN
   GHCL    21.90 DOWN
   GLDNJMF    8.40 UP
   GLOBALINS    45.80 DOWN
   GOLDENSON    14.50 UP
   GP    245.50 UP
   GPHISPAT    17.60 UP
   GQBALLPEN    565.60 UP
   GRAMEENS2    13.30 UP-DOWN
   GREENDELMF    4.30 UP-DOWN
   GREENDELT    67.20 DOWN
   GSPFINANCE    3.90 UP
   HAKKANIPUL    75.70 DOWN
   HAMI    157.80 UP
   HEIDELBCEM    213.20 UP
   HFL    14.20 UP-DOWN
   HRTEX    19.30 UP
   HWAWELLTEX    46.00 UP
   IBBLPBOND    662.00 DOWN
   IBNSINA    315.10 UP
   IBP    17.00 UP
   ICB    42.10 UP
   ICB3RDNRB    5.40 UP-DOWN
   ICBAGRANI1    7.80 DOWN
   ICBAMCL2ND    7.10 DOWN
   ICBEPMF1S1    5.80 DOWN
   ICBIBANK    2.60 UP-DOWN
   ICBSONALI1    5.80 UP-DOWN
   ICICL    35.30 DOWN
   IDLC    44.10 UP
   IFADAUTOS    23.60 UP
   IFIC    4.70 UP
   IFIC1STMF    3.90 DOWN
   IFILISLMF1    5.20 DOWN
   INDEXAGRO    69.50 DOWN
   INTECH    24.20 UP
   INTRACO    22.60 UP-DOWN
   IPDC    31.40 DOWN
   ISLAMIBANK    27.50 UP
   ISLAMICFIN    11.20 UP
   ISLAMIINS    61.60 UP
   ISNLTD    56.90 UP-DOWN
   ITC    46.60 DOWN
   JAMUNABANK    24.20 UP
   JAMUNAOIL    177.00 DOWN
   JANATAINS    33.40 DOWN
   JHRML    48.50 UP
   JMISMDL    136.30 UP
   JUTESPINN    215.50 DOWN
   KARNAPHULI    57.90 UP-DOWN
   KAY&QUE    397.70 UP
   KBPPWBIL    35.30 DOWN
   KDSALTD    47.10 UP-DOWN
   KEYACOSMET    5.40 UP-DOWN
   KOHINOOR    533.20 UP
   KPCL    11.50 UP
   KPPL    13.90 UP
   KTL    12.80 UP
   LANKABAFIN    15.70 DOWN
   LEGACYFOOT    69.00 DOWN
   LHB    53.40 DOWN
   LIBRAINFU    606.40 DOWN
   LINDEBD    696.40 UP
   LOVELLO    57.20 DOWN
   LRBDL    14.70 UP-DOWN
   LRGLOBMF1    4.00 DOWN
   MAGURAPLEX    87.00 UP
   MAKSONSPIN    6.20 UP
   MALEKSPIN    46.10 DOWN
   MATINSPINN    61.30 DOWN
   MBL1STMF    8.40 DOWN
   MEGCONMILK    37.90 DOWN
   MEGHNACEM    29.80 UP
   MEGHNAINS    37.00 DOWN
   MEGHNALIFE    55.00 UP
   MEGHNAPET    80.00 DOWN
   MERCANBANK    7.00 UP-DOWN
   MERCINS    41.60 UP-DOWN
   METROSPIN    10.60 UP
   MHSML    20.20 UP
   MIDASFIN    5.60 UP
   MIDLANDBNK    17.60 DOWN
   MIRACLEIND    28.70 UP
   MIRAKHTER    35.80 UP
   MITHUNKNIT    14.50 UP-DOWN
   MJLBD    91.70 DOWN
   MLDYEING    13.10 UP
   MONNOAGML    327.60 DOWN
   MONNOCERA    86.00 DOWN
   MONNOFABR    21.00 DOWN
   MONOSPOOL    107.60 UP
   MPETROLEUM    208.80 DOWN
   MTB    13.30 DOWN
   NAHEEACP    32.30 DOWN
   NATLIFEINS    97.40 UP-DOWN
   NAVANACNG    21.30 UP
   NAVANAPHAR    66.90 UP
   NBL    3.60 UP
   NCCBANK    15.10 UP
   NCCBLMF1    6.40 UP-DOWN
   NEWLINE    6.20 UP
   NFML    16.40 UP
   NHFIL    26.80 DOWN
   NITOLINS    48.00 UP
   NORTHERN    108.90 UP
   NORTHRNINS    38.30 DOWN
   NPOLYMER    31.80 UP
   NRBBANK    6.70 UP
   NRBCBANK    8.80 DOWN
   NTC    160.00 DOWN
   NTLTUBES    65.30 UP
   NURANI    3.50 UP
   OAL    6.70 UP
   OIMEX    15.50 DOWN
   OLYMPIC    146.80 UP
   ONEBANKPLC    7.90 DOWN
   ORIONINFU    228.40 UP
   ORIONPHARM    26.20 DOWN
   PADMALIFE    17.10 UP
   PADMAOIL    194.30 UP-DOWN
   PARAMOUNT    60.20 UP
   PBLPBOND    4528.00 DOWN
   PDL    5.60 UP-DOWN
   PENINSULA    21.40 DOWN
   PEOPLESINS    62.70 DOWN
   PF1STMF    13.60 DOWN
   PHARMAID    584.20 DOWN
   PHENIXINS    50.20 DOWN
   PHOENIXFIN    3.80 DOWN
   PHPMF1    3.50 DOWN
   PIONEERINS    66.40 DOWN
   PLFSL    1.90 UP
   POPULAR1MF    3.50 UP-DOWN
   POPULARLIF    61.70 UP
   POWERGRID    37.70 UP
   PRAGATIINS    76.00 DOWN
   PRAGATILIF    148.20 DOWN
   PREMIERBAN    5.80 UP
   PREMIERCEM    47.70 DOWN
   PREMIERLEA    2.20 UP
   PRIME1ICBA    5.90 UP
   PRIMEBANK    29.60 UP
   PRIMEFIN    3.20 UP-DOWN
   PRIMEINSUR    53.10 UP
   PRIMELIFE    37.80 UP
   PRIMETEX    15.00 UP
   PROGRESLIF    39.30 UP
   PROVATIINS    56.50 UP
   PTL    69.90 UP
   PUBALIBANK    38.00 DOWN
   PURABIGEN    30.10 DOWN
   QUASEMIND    41.90 UP
   QUEENSOUTH    15.40 UP
   RAHIMAFOOD    76.00 UP
   RAHIMTEXT    199.30 UP
   RAKCERAMIC    30.30 DOWN
   RANFOUNDRY    154.60 UP
   RDFOOD    23.70 UP
   RECKITTBEN    3294.00 DOWN
   REGENTTEX    6.30 UP
   RELIANCE1    13.90 UP
   RELIANCINS    107.80 DOWN
   RENATA    464.80 UP
   RENWICKJA    788.40 UP
   REPUBLIC    40.00 UP
   RINGSHINE    4.10 DOWN
   ROBI    30.70 UP-DOWN
   RSRMSTEEL    7.50 UP-DOWN
   RUNNERAUTO    47.70 DOWN
   RUPALIBANK    17.60 UP
   RUPALIINS    29.50 UP
   RUPALILIFE    79.90 UP
   SAFKOSPINN    19.90 DOWN
   SAIFPOWER    9.60 UP
   SAIHAMCOT    20.70 UP
   SAIHAMTEX    33.00 UP
   SALAMCRST    12.60 UP
   SALVO    33.20 UP-DOWN
   SAMATALETH    89.80 DOWN
   SAMORITA    101.50 DOWN
   SANDHANINS    25.60 UP-DOWN
   SAPORTL    60.00 DOWN
   SBACBANK    6.80 DOWN
   SEAPEARL    36.90 UP-DOWN
   SEMLFBSLGF    6.80 UP
   SEMLIBBLSF    7.70 UP
   SHAHJABANK    17.60 UP-DOWN
   SHARPIND    27.20 DOWN
   SHASHADNIM    26.40 DOWN
   SHEPHERD    15.10 UP
   SHURWID    6.30 UP
   SHYAMPSUG    312.00 UP
   SICL    39.00 DOWN
   SILCOPHL    17.20 UP
   SILVAPHL    13.40 DOWN
   SIMTEX    24.70 UP-DOWN
   SINGERBD    73.50 DOWN
   SINOBANGLA    51.40 UP
   SIPLC    143.80 UP
   SKTRIMS    14.00 UP
   SONALIANSH    210.90 UP
   SONALILIFE    86.20 UP
   SONALIPAPR    229.70 UP
   SONARBAINS    36.90 DOWN
   SONARGAON    105.70 DOWN
   SOUTHEASTB    11.40 UP
   SPCERAMICS    19.70 UP-DOWN
   SPCL    52.20 UP
   SQUARETEXT    49.40 UP
   SQURPHARMA    217.90 UP-DOWN
   SSSTEEL    6.50 UP
   STANCERAM    71.10 UP
   STANDARINS    48.90 DOWN
   STANDBANKL    4.70 UP-DOWN
   STYLECRAFT    54.80 DOWN
   SUMITPOWER    15.90 UP
   SUNLIFEINS    52.30 DOWN
   TAKAFULINS    50.50 UP
   TALLUSPIN    7.70 UP-DOWN
   TAMIJTEX    124.80 DOWN
   TB20Y0143    98.70 UP
   TB20Y0640    97.62 UP
   TB20Y0744    130.86 UP
   TB20Y1242    97.89 DOWN
   TB5Y1228    101.88 DOWN
   TECHNODRUG    43.30 DOWN
   TILIL    45.10 UP
   TITASGAS    18.00 UP
   TOSRIFA    21.20 UP
   TRUSTB1MF    3.60 UP
   TRUSTBANK    14.90 UP-DOWN
   TUNGHAI    4.70 UP
   UCB    9.20 UP-DOWN
   UNILEVERCL    2013.30 UP
   UNIONCAP    4.50 UP-DOWN
   UNIONINS    49.00 UP
   UNIQUEHRL    42.50 UP-DOWN
   UNITEDFIN    17.10 UP-DOWN
   UNITEDINS    61.20 DOWN
   UPGDCL    117.40 DOWN
   USMANIAGL    60.00 DOWN
   UTTARABANK    21.00 UP-DOWN
   UTTARAFIN    13.10 UP
   VAMLRBBF    8.00 UP-DOWN
   VFSTDL    14.40 UP
   WALTONHIL    393.20 UP
   WATACHEM    137.00 UP
   WMSHIPYARD    9.40 UP
   YPL    23.20 UP
   ZAHEENSPIN    5.90 UP
   ZAHINTEX    8.50 DOWN
   ZEALBANGLA    183.40 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).