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   1JANATAMF    3.60 DOWN
   1STPRIMFMF    23.20 DOWN
   AAMRANET    20.40 UP
   AAMRATECH    19.90 DOWN
   ABB1STMF    3.70 UP-DOWN
   ABBANK    4.90 UP
   ACFL    22.00 DOWN
   ACI    196.10 UP
   ACIFORMULA    167.70 UP
   ACMELAB    80.90 UP
   ACMEPL    24.60 UP
   ACTIVEFINE    6.80 UP
   ADNTEL    63.40 DOWN
   ADVENT    15.20 DOWN
   AFCAGRO    7.10 UP-DOWN
   AFTABAUTO    28.30 UP-DOWN
   AGNISYSL    30.40 UP-DOWN
   AGRANINS    30.70 UP
   AIBL1STIMF    5.50 DOWN
   AIL    36.60 UP
   AL-HAJTEX    92.30 DOWN
   ALARABANK    17.30 UP
   ALIF    5.80 UP-DOWN
   ALLTEX    23.40 DOWN
   AMANFEED    38.20 DOWN
   AMBEEPHA    788.90 UP
   AMCL(PRAN)    231.20 UP
   ANLIMAYARN    33.20 DOWN
   ANWARGALV    110.30 DOWN
   AOL    18.20 DOWN
   APEXFOODS    285.60 UP
   APEXFOOT    213.90 DOWN
   APEXSPINN    335.90 DOWN
   APEXTANRY    106.00 UP-DOWN
   APOLOISPAT    3.30 UP
   APSCLBOND    1046.00 DOWN
   ARAMIT    231.50 UP
   ARAMITCEM    12.90 UP
   ARGONDENIM    23.20 UP
   ASIAINS    44.00 UP
   ASIAPACINS    51.10 UP
   ASIATICLAB    118.80 UP
   ATLASBANG    85.40 DOWN
   AZIZPIPES    81.00 DOWN
   BANGAS    132.80 DOWN
   BANKASIA    17.40 DOWN
   BARKAPOWER    11.00 UP
   BATASHOE    906.10 DOWN
   BATBC    240.80 UP
   BAYLEASING    5.20 UP-DOWN
   BBS    14.10 DOWN
   BBSCABLES    19.80 DOWN
   BDAUTOCA    213.90 DOWN
   BDCOM    30.80 DOWN
   BDFINANCE    13.00 UP-DOWN
   BDLAMPS    220.30 DOWN
   BDTHAI    16.10 DOWN
   BDTHAIFOOD    23.60 UP
   BDWELDING    13.80 UP
   BEACHHATCH    30.30 UP
   BEACONPHAR    105.90 DOWN
   BENGALWTL    25.40 DOWN
   BERGERPBL    1500.40 UP
   BESTHLDNG    14.80 DOWN
   BEXGSUKUK    69.00 DOWN
   BEXIMCO    25.10 UP
   BGIC    42.20 DOWN
   BIFC    4.20 UP-DOWN
   BNICL    113.60 UP
   BPML    27.80 DOWN
   BPPL    20.80 UP
   BRACBANK    62.80 DOWN
   BSC    115.70 UP
   BSCPLC    154.00 DOWN
   BSRMLTD    97.10 DOWN
   BSRMSTEEL    93.50 UP-DOWN
   BXPHARMA    147.00 UP
   CAPITECGBF    10.30 UP
   CAPMBDBLMF    9.10 DOWN
   CAPMIBBLMF    12.80 UP
   CENTRALINS    44.60 DOWN
   CENTRALPHL    10.60 UP
   CITYBANK    31.10 UP-DOWN
   CITYGENINS    126.20 UP
   CLICL    47.40 DOWN
   CNATEX    3.40 UP-DOWN
   CONFIDCEM    64.50 DOWN
   CONTININS    35.30 UP-DOWN
   COPPERTECH    25.30 DOWN
   CROWNCEMNT    64.90 DOWN
   CRYSTALINS    68.20 DOWN
   CVOPRL    172.90 DOWN
   DACCADYE    16.30 UP-DOWN
   DAFODILCOM    165.60 UP
   DBH    44.10 DOWN
   DBH1STMF    5.30 DOWN
   DELTALIFE    77.40 UP
   DELTASPINN    7.50 UP-DOWN
   DESCO    24.70 DOWN
   DESHBANDHU    19.90 UP
   DGIC    35.30 UP
   DHAKABANK    12.20 DOWN
   DHAKAINS    47.00 UP
   DOMINAGE    64.80 UP
   DOREENPWR    33.10 DOWN
   DSHGARME    185.00 DOWN
   DSSL    12.30 DOWN
   DULAMIACOT    207.60 UP
   DUTCHBANGL    47.60 DOWN
   EASTERNINS    64.30 DOWN
   EASTLAND    29.10 UP
   EASTRNLUB    2014.20 DOWN
   EBL    23.90 DOWN
   EBL1STMF    4.50 UP-DOWN
   EBLNRBMF    3.60 UP-DOWN
   ECABLES    140.70 UP
   EGEN    26.30 DOWN
   EHL    91.80 UP
   EIL    32.80 UP
   EMERALDOIL    28.10 DOWN
   ENVOYTEX    65.30 UP
   EPGL    19.10 DOWN
   ESQUIRENIT    25.50 UP
   ETL    13.30 DOWN
   EXIM1STMF    6.70 UP-DOWN
   FAMILYTEX    2.80 UP-DOWN
   FARCHEM    18.70 DOWN
   FAREASTLIF    20.70 UP-DOWN
   FBFIF    3.70 UP-DOWN
   FEDERALINS    29.80 UP
   FEKDIL    23.00 UP
   FINEFOODS    435.70 UP
   FIRSTFIN    5.20 UP
   FORTUNE    17.40 DOWN
   FUWANGCER    15.50 DOWN
   FUWANGFOOD    11.40 DOWN
   GBBPOWER    15.00 DOWN
   GEMINISEA    117.10 DOWN
   GENEXIL    38.20 UP
   GENNEXT    3.10 DOWN
   GHAIL    14.60 UP-DOWN
   GHCL    22.70 UP
   GLDNJMF    8.70 DOWN
   GLOBALINS    47.50 UP
   GOLDENSON    14.90 DOWN
   GP    249.80 UP
   GPHISPAT    18.00 UP-DOWN
   GQBALLPEN    536.10 UP
   GRAMEENS2    13.10 UP-DOWN
   GREENDELMF    4.70 DOWN
   GREENDELT    68.70 DOWN
   GSPFINANCE    3.80 DOWN
   HAKKANIPUL    77.60 DOWN
   HAMI    155.40 DOWN
   HEIDELBCEM    217.20 DOWN
   HFL    15.80 UP-DOWN
   HRTEX    20.30 DOWN
   HWAWELLTEX    49.50 UP
   IBBLPBOND    660.50 UP-DOWN
   IBNSINA    317.50 UP
   IBP    17.20 DOWN
   ICB    43.30 DOWN
   ICB3RDNRB    5.70 DOWN
   ICBAGRANI1    8.10 DOWN
   ICBAMCL2ND    7.70 UP-DOWN
   ICBEPMF1S1    6.30 UP
   ICBIBANK    2.70 UP
   ICBSONALI1    6.00 DOWN
   ICICL    36.40 UP
   IDLC    45.50 DOWN
   IFADAUTOS    24.80 UP
   IFIC    4.80 UP-DOWN
   IFIC1STMF    4.30 UP-DOWN
   IFILISLMF1    5.40 UP-DOWN
   INDEXAGRO    72.40 DOWN
   INTECH    25.50 DOWN
   INTRACO    22.70 UP
   IPDC    34.50 UP
   ISLAMIBANK    28.40 UP-DOWN
   ISLAMICFIN    11.50 DOWN
   ISLAMIINS    63.40 UP
   ISNLTD    59.90 DOWN
   ITC    46.50 UP
   JAMUNABANK    24.30 UP-DOWN
   JAMUNAOIL    178.70 DOWN
   JANATAINS    34.50 UP
   JHRML    50.30 DOWN
   JMISMDL    141.60 DOWN
   JUTESPINN    223.80 UP
   KARNAPHULI    56.90 DOWN
   KAY&QUE    418.60 UP
   KBPPWBIL    37.70 UP
   KDSALTD    48.30 DOWN
   KEYACOSMET    5.50 UP
   KOHINOOR    553.80 DOWN
   KPCL    11.70 DOWN
   KPPL    14.70 DOWN
   KTL    12.30 UP
   LANKABAFIN    17.20 UP
   LEGACYFOOT    71.60 UP
   LHB    55.10 DOWN
   LIBRAINFU    615.30 UP
   LINDEBD    706.40 DOWN
   LOVELLO    64.80 UP
   LRBDL    15.70 UP
   LRGLOBMF1    4.40 UP-DOWN
   MAGURAPLEX    89.60 DOWN
   MAKSONSPIN    6.40 DOWN
   MALEKSPIN    49.50 UP
   MARICO    2724.00 DOWN
   MATINSPINN    67.50 UP
   MBL1STMF    8.40 UP
   MEGCONMILK    33.90 UP-DOWN
   MEGHNACEM    30.20 UP
   MEGHNAINS    38.60 DOWN
   MEGHNALIFE    56.90 UP-DOWN
   MEGHNAPET    82.80 UP
   MERCANBANK    7.20 UP-DOWN
   MERCINS    43.60 UP
   METROSPIN    10.20 UP
   MHSML    21.00 DOWN
   MIDASFIN    5.80 UP-DOWN
   MIDLANDBNK    18.10 DOWN
   MIRACLEIND    29.40 DOWN
   MIRAKHTER    38.30 UP
   MITHUNKNIT    15.50 UP
   MJLBD    92.50 DOWN
   MLDYEING    14.30 DOWN
   MONNOAGML    338.10 DOWN
   MONNOCERA    89.60 DOWN
   MONNOFABR    22.10 DOWN
   MONOSPOOL    111.00 DOWN
   MPETROLEUM    211.00 DOWN
   MTB    13.50 UP-DOWN
   NAHEEACP    33.50 UP
   NATLIFEINS    101.00 UP
   NAVANACNG    21.30 DOWN
   NAVANAPHAR    66.50 DOWN
   NBL    3.60 UP-DOWN
   NCCBLMF1    6.30 DOWN
   NEWLINE    6.70 UP
   NFML    18.50 DOWN
   NHFIL    29.10 DOWN
   NITOLINS    46.50 UP
   NORTHERN    114.90 UP
   NORTHRNINS    39.70 DOWN
   NPOLYMER    33.60 UP
   NRBBANK    6.80 UP
   NRBCBANK    9.80 UP-DOWN
   NTC    165.30 UP
   NTLTUBES    65.90 UP
   NURANI    4.00 UP-DOWN
   OAL    6.90 UP-DOWN
   OIMEX    15.80 UP-DOWN
   OLYMPIC    147.00 DOWN
   ONEBANKPLC    8.10 DOWN
   ORIONINFU    231.00 DOWN
   ORIONPHARM    27.30 DOWN
   PADMALIFE    17.60 UP
   PADMAOIL    197.70 DOWN
   PARAMOUNT    62.90 DOWN
   PBLPBOND    4770.00 UP
   PDL    5.80 DOWN
   PENINSULA    22.50 DOWN
   PEOPLESINS    62.90 DOWN
   PF1STMF    14.30 DOWN
   PHARMAID    603.50 DOWN
   PHENIXINS    51.40 UP
   PHOENIXFIN    3.80 UP-DOWN
   PHPMF1    3.70 UP-DOWN
   PIONEERINS    69.50 DOWN
   PLFSL    2.00 UP-DOWN
   POPULAR1MF    3.70 UP-DOWN
   POPULARLIF    63.10 UP
   POWERGRID    38.70 DOWN
   PRAGATIINS    78.90 DOWN
   PRAGATILIF    155.00 DOWN
   PREMIERBAN    5.90 UP
   PREMIERCEM    49.60 UP
   PRIME1ICBA    5.70 DOWN
   PRIMEBANK    29.90 UP-DOWN
   PRIMEFIN    3.20 UP
   PRIMEINSUR    57.70 UP
   PRIMELIFE    38.60 DOWN
   PRIMETEX    16.70 DOWN
   PROGRESLIF    39.40 UP
   PROVATIINS    57.40 UP-DOWN
   PTL    67.10 UP
   PUBALIBANK    40.00 DOWN
   PURABIGEN    31.20 UP-DOWN
   QUASEMIND    43.10 UP
   QUEENSOUTH    16.50 DOWN
   RAHIMAFOOD    83.00 DOWN
   RAHIMTEXT    208.90 DOWN
   RAKCERAMIC    29.90 UP
   RANFOUNDRY    162.00 DOWN
   RDFOOD    24.60 DOWN
   RECKITTBEN    3301.30 DOWN
   REGENTTEX    6.90 UP
   RELIANCE1    13.10 UP
   RELIANCINS    112.90 UP
   RENATA    467.20 DOWN
   RENWICKJA    784.10 DOWN
   REPUBLIC    40.70 UP
   RINGSHINE    4.60 UP-DOWN
   ROBI    31.20 DOWN
   RSRMSTEEL    7.70 DOWN
   RUNNERAUTO    52.50 UP
   RUPALIBANK    17.60 DOWN
   RUPALIINS    30.30 UP
   SAFKOSPINN    20.20 UP
   SAIFPOWER    9.90 DOWN
   SAIHAMCOT    22.10 DOWN
   SAIHAMTEX    31.70 UP
   SALAMCRST    13.30 UP
   SALVO    34.60 UP
   SAMATALETH    101.70 UP
   SAMORITA    113.50 UP
   SANDHANINS    28.10 DOWN
   SAPORTL    61.60 UP
   SBACBANK    7.00 UP-DOWN
   SEAPEARL    37.30 DOWN
   SEMLFBSLGF    6.70 DOWN
   SEMLIBBLSF    7.70 UP-DOWN
   SHAHJABANK    17.40 DOWN
   SHARPIND    31.00 DOWN
   SHASHADNIM    28.30 UP
   SHEPHERD    15.80 UP-DOWN
   SHURWID    6.30 UP-DOWN
   SHYAMPSUG    281.60 UP
   SICL    36.40 DOWN
   SILCOPHL    18.80 UP
   SILVAPHL    15.00 UP-DOWN
   SIMTEX    26.00 DOWN
   SINGERBD    74.90 UP
   SINOBANGLA    53.40 UP
   SIPLC    147.20 DOWN
   SKTRIMS    14.00 DOWN
   SONALIANSH    217.30 UP
   SONALILIFE    84.60 UP
   SONALIPAPR    234.30 DOWN
   SONARBAINS    38.40 DOWN
   SONARGAON    114.20 DOWN
   SOUTHEASTB    11.60 UP
   SPCERAMICS    21.60 DOWN
   SPCL    54.40 DOWN
   SQUARETEXT    51.20 UP
   SQURPHARMA    218.80 UP
   SSSTEEL    6.90 UP
   STANCERAM    72.70 UP
   STANDARINS    49.60 DOWN
   STANDBANKL    4.80 UP-DOWN
   STYLECRAFT    57.00 DOWN
   SUMITPOWER    16.60 DOWN
   SUNLIFEINS    58.40 DOWN
   TAKAFULINS    52.40 DOWN
   TALLUSPIN    8.20 DOWN
   TAMIJTEX    130.10 DOWN
   TB15Y1028    106.18 UP
   TB20Y0143    96.57 UP
   TB20Y0744    127.72 UP
   TB20Y1242    95.46 DOWN
   TB5Y0430    109.68 DOWN
   TB5Y0529    107.55 DOWN
   TB5Y0930    102.75 UP
   TB5Y1029    107.97 UP
   TB5Y1128    103.51 UP
   TB5Y1228    102.32 UP
   TB5Y1229    108.26 DOWN
   TECHNODRUG    44.80 UP
   TILIL    46.90 DOWN
   TITASGAS    18.70 DOWN
   TOSRIFA    20.80 UP-DOWN
   TRUSTB1MF    3.80 UP-DOWN
   TRUSTBANK    15.20 UP-DOWN
   TUNGHAI    5.30 DOWN
   UCB    9.30 UP-DOWN
   UNILEVERCL    2029.10 DOWN
   UNIONCAP    4.70 DOWN
   UNIONINS    50.10 UP
   UNIQUEHRL    44.20 UP
   UNITEDFIN    18.50 DOWN
   UNITEDINS    63.30 DOWN
   UPGDCL    123.10 DOWN
   USMANIAGL    63.20 UP
   UTTARABANK    21.10 UP
   UTTARAFIN    13.30 UP
   VAMLRBBF    8.10 UP-DOWN
   VFSTDL    15.10 DOWN
   WALTONHIL    388.00 DOWN
   WATACHEM    143.50 UP
   WMSHIPYARD    9.80 UP-DOWN
   YPL    22.00 UP-DOWN
   ZAHEENSPIN    5.90 UP-DOWN
   ZAHINTEX    9.10 UP-DOWN
   ZEALBANGLA    187.30 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).