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   1JANATAMF    3.80 UP-DOWN
   1STPRIMFMF    34.80 DOWN
   AAMRANET    19.10 UP
   AAMRATECH    16.40 DOWN
   ABB1STMF    3.70 DOWN
   ABBANK    4.40 UP-DOWN
   ACFL    21.30 DOWN
   ACI    183.70 DOWN
   ACIFORMULA    153.60 UP
   ACMELAB    78.30 DOWN
   ACMEPL    25.30 UP-DOWN
   ACTIVEFINE    5.60 UP-DOWN
   ADNTEL    57.90 UP-DOWN
   ADVENT    13.90 UP
   AFCAGRO    6.10 UP
   AFTABAUTO    26.90 DOWN
   AGNISYSL    28.60 UP
   AGRANINS    29.50 UP
   AIBL1STIMF    6.20 DOWN
   AIBLPBOND    4200.00 UP
   AIL    31.40 DOWN
   AL-HAJTEX    76.40 UP
   ALARABANK    15.50 DOWN
   ALIF    5.20 UP-DOWN
   ALLTEX    22.90 DOWN
   AMANFEED    31.00 UP
   AMBEEPHA    751.00 UP
   AMCL(PRAN)    215.50 DOWN
   ANLIMAYARN    25.60 UP
   ANWARGALV    119.50 DOWN
   AOL    16.80 UP
   APEXFOODS    264.00 UP
   APEXFOOT    205.50 DOWN
   APEXSPINN    368.10 UP
   APEXTANRY    93.00 DOWN
   APOLOISPAT    2.80 UP-DOWN
   ARAMIT    177.00 UP
   ARAMITCEM    10.80 DOWN
   ARGONDENIM    21.10 UP-DOWN
   ASIAINS    42.70 UP
   ASIAPACINS    49.00 UP
   ASIATICLAB    108.00 DOWN
   ATLASBANG    79.70 UP
   AZIZPIPES    76.80 DOWN
   BANGAS    116.90 DOWN
   BANKASIA    16.60 UP
   BARKAPOWER    9.80 UP-DOWN
   BATASHOE    887.50 DOWN
   BATBC    225.20 DOWN
   BAYLEASING    4.40 UP
   BBS    11.80 UP-DOWN
   BBSCABLES    17.00 UP-DOWN
   BDAUTOCA    181.00 DOWN
   BDCOM    28.40 DOWN
   BDFINANCE    11.40 DOWN
   BDLAMPS    226.90 UP
   BDTHAI    14.80 UP-DOWN
   BDTHAIFOOD    19.20 DOWN
   BDWELDING    11.80 DOWN
   BEACHHATCH    27.30 DOWN
   BEACONPHAR    101.60 UP-DOWN
   BENGALWTL    21.70 UP-DOWN
   BERGERPBL    1454.40 UP
   BESTHLDNG    14.80 DOWN
   BEXGSUKUK    69.50 DOWN
   BEXIMCO    20.90 UP-DOWN
   BGIC    42.30 UP
   BIFC    3.40 DOWN
   BNICL    171.60 UP
   BPML    27.00 DOWN
   BPPL    18.80 UP-DOWN
   BRACBANK    64.60 UP
   BSC    110.70 UP
   BSCPLC    147.00 DOWN
   BSRMLTD    95.40 DOWN
   BSRMSTEEL    84.50 DOWN
   BXPHARMA    147.60 UP
   CAPITECGBF    9.40 UP-DOWN
   CAPMIBBLMF    16.20 UP
   CENTRALINS    44.40 UP
   CENTRALPHL    9.10 DOWN
   CITYBANK    30.00 UP
   CITYGENINS    131.80 UP
   CLICL    47.60 UP
   CNATEX    3.10 UP-DOWN
   CONFIDCEM    59.40 UP
   CONTININS    33.90 UP
   COPPERTECH    22.40 UP
   CROWNCEMNT    60.30 UP
   CRYSTALINS    75.70 UP
   CVOPRL    161.30 DOWN
   DACCADYE    15.50 UP
   DAFODILCOM    161.40 UP
   DBH    40.00 UP
   DBH1STMF    5.90 DOWN
   DELTALIFE    72.20 UP
   DELTASPINN    7.10 UP-DOWN
   DESCO    22.50 DOWN
   DESHBANDHU    16.90 DOWN
   DGIC    39.30 UP
   DHAKABANK    11.40 UP-DOWN
   DHAKAINS    46.70 UP
   DOMINAGE    63.20 UP
   DOREENPWR    31.10 UP
   DSHGARME    151.30 UP
   DSSL    11.10 UP-DOWN
   DULAMIACOT    207.00 UP
   DUTCHBANGL    45.70 UP
   EASTERNINS    63.70 UP
   EASTLAND    28.20 UP
   EASTRNLUB    1968.00 DOWN
   EBL    22.80 DOWN
   EBL1STMF    4.80 UP-DOWN
   EBLNRBMF    3.70 UP-DOWN
   ECABLES    120.80 UP
   EGEN    22.70 UP-DOWN
   EHL    83.90 UP
   EIL    32.20 UP
   EMERALDOIL    28.10 DOWN
   ENVOYTEX    70.40 DOWN
   EPGL    16.80 UP
   ESQUIRENIT    23.00 DOWN
   ETL    15.40 UP
   EXIM1STMF    6.70 DOWN
   FAMILYTEX    2.30 UP-DOWN
   FARCHEM    15.80 UP-DOWN
   FAREASTLIF    18.00 UP-DOWN
   FBFIF    3.60 UP-DOWN
   FEDERALINS    28.20 UP
   FEKDIL    22.40 UP
   FINEFOODS    456.00 DOWN
   FIRSTFIN    4.40 UP
   FORTUNE    15.40 DOWN
   FUWANGCER    12.80 UP
   FUWANGFOOD    9.60 UP-DOWN
   GBBPOWER    13.00 DOWN
   GEMINISEA    109.60 UP
   GENEXIL    34.70 UP-DOWN
   GENNEXT    2.90 UP
   GHAIL    12.80 UP
   GHCL    20.10 UP-DOWN
   GLDNJMF    9.40 DOWN
   GLOBALINS    46.20 UP
   GOLDENSON    12.00 DOWN
   GP    242.50 UP
   GPHISPAT    16.20 UP-DOWN
   GQBALLPEN    597.70 DOWN
   GRAMEENS2    12.60 DOWN
   GREENDELMF    5.20 DOWN
   GREENDELT    66.00 UP
   GSPFINANCE    3.50 DOWN
   HAKKANIPUL    69.80 UP-DOWN
   HAMI    146.60 UP
   HEIDELBCEM    207.50 UP
   HFL    11.90 DOWN
   HRTEX    16.60 DOWN
   HWAWELLTEX    45.70 DOWN
   IBBLPBOND    626.00 UP
   IBNSINA    317.80 DOWN
   IBP    14.70 DOWN
   ICB    39.10 DOWN
   ICB3RDNRB    6.60 DOWN
   ICBAGRANI1    8.70 DOWN
   ICBAMCL2ND    10.30 DOWN
   ICBEPMF1S1    6.80 DOWN
   ICBIBANK    2.60 UP
   ICBSONALI1    8.00 UP-DOWN
   ICICL    39.20 UP
   IDLC    43.00 DOWN
   IFADAUTOS    22.70 DOWN
   IFIC    4.90 UP
   IFIC1STMF    4.20 UP-DOWN
   IFILISLMF1    6.30 DOWN
   INDEXAGRO    73.20 UP-DOWN
   INTECH    24.10 UP-DOWN
   INTRACO    21.30 DOWN
   IPDC    35.80 UP
   ISLAMIBANK    26.60 UP-DOWN
   ISLAMICFIN    10.70 UP-DOWN
   ISLAMIINS    66.50 UP
   ISNLTD    54.00 UP
   ITC    44.70 UP-DOWN
   JAMUNABANK    23.00 UP-DOWN
   JAMUNAOIL    179.00 UP
   JANATAINS    33.20 UP
   JHRML    43.10 UP
   JMISMDL    129.00 DOWN
   JUTESPINN    204.50 DOWN
   KARNAPHULI    56.20 UP
   KAY&QUE    416.50 UP
   KBPPWBIL    38.20 UP
   KDSALTD    44.90 UP
   KEYACOSMET    5.30 UP-DOWN
   KOHINOOR    520.00 DOWN
   KPCL    10.60 UP
   KPPL    14.20 UP
   KTL    12.70 UP-DOWN
   LANKABAFIN    14.50 UP-DOWN
   LEGACYFOOT    69.30 UP
   LHB    51.90 DOWN
   LIBRAINFU    572.00 UP
   LINDEBD    674.50 UP
   LOVELLO    52.50 UP
   LRBDL    13.20 UP
   LRGLOBMF1    4.80 UP-DOWN
   MAGURAPLEX    83.90 UP
   MAKSONSPIN    5.80 UP-DOWN
   MALEKSPIN    48.10 DOWN
   MARICO    2662.10 UP
   MATINSPINN    65.20 UP-DOWN
   MBL1STMF    10.90 UP
   MEGCONMILK    31.10 UP
   MEGHNACEM    28.50 DOWN
   MEGHNAINS    36.30 UP
   MEGHNALIFE    52.00 UP
   MEGHNAPET    77.40 UP
   MERCANBANK    6.30 UP-DOWN
   MERCINS    54.10 UP
   METROSPIN    9.90 UP
   MHSML    19.90 UP-DOWN
   MIDASFIN    4.60 UP
   MIDLANDBNK    16.70 DOWN
   MIRACLEIND    26.70 DOWN
   MIRAKHTER    35.20 UP
   MITHUNKNIT    13.50 UP-DOWN
   MJLBD    90.30 UP
   MLDYEING    11.50 UP
   MONNOAGML    309.00 UP
   MONNOCERA    83.70 UP
   MONNOFABR    19.80 UP
   MONOSPOOL    108.00 UP-DOWN
   MPETROLEUM    205.50 UP
   MTB    13.50 UP-DOWN
   NAHEEACP    33.40 UP
   NATLIFEINS    94.90 UP
   NAVANACNG    19.70 DOWN
   NAVANAPHAR    63.50 UP
   NBL    3.40 UP
   NCCBANK    14.30 UP-DOWN
   NCCBLMF1    7.00 UP-DOWN
   NEWLINE    5.40 UP
   NFML    15.50 UP-DOWN
   NHFIL    26.50 UP-DOWN
   NITOLINS    57.90 UP
   NORTHERN    95.60 UP
   NORTHRNINS    37.20 UP
   NPOLYMER    32.30 UP
   NRBBANK    6.60 UP-DOWN
   NRBCBANK    9.20 UP
   NTC    152.50 UP
   NTLTUBES    60.70 UP-DOWN
   NURANI    3.00 UP-DOWN
   OAL    6.00 UP-DOWN
   OIMEX    13.90 DOWN
   OLYMPIC    142.90 UP
   ONEBANKPLC    7.70 UP
   ORIONINFU    287.00 UP
   ORIONPHARM    29.80 UP
   PADMALIFE    15.60 DOWN
   PADMAOIL    194.50 UP
   PARAMOUNT    66.40 DOWN
   PBLPBOND    5000.00 UP
   PDL    5.50 DOWN
   PENINSULA    20.30 UP-DOWN
   PEOPLESINS    64.50 UP
   PF1STMF    17.70 DOWN
   PHARMAID    557.70 UP
   PHENIXINS    49.10 UP
   PHOENIXFIN    3.40 UP-DOWN
   PHPMF1    3.70 UP-DOWN
   PIONEERINS    71.00 UP
   PLFSL    1.80 UP
   POPULAR1MF    3.70 UP-DOWN
   POPULARLIF    56.60 UP
   POWERGRID    37.40 DOWN
   PRAGATIINS    76.20 UP
   PRAGATILIF    145.40 UP
   PREMIERBAN    5.70 UP-DOWN
   PREMIERCEM    40.20 UP
   PREMIERLEA    2.00 UP
   PRIME1ICBA    8.10 UP
   PRIMEBANK    28.00 DOWN
   PRIMEFIN    2.70 UP-DOWN
   PRIMEINSUR    53.10 UP
   PRIMELIFE    38.20 UP
   PRIMETEX    14.80 UP
   PROGRESLIF    35.60 DOWN
   PROVATIINS    55.20 UP
   PTL    79.60 UP
   PURABIGEN    29.20 UP
   QUASEMIND    39.60 UP-DOWN
   QUEENSOUTH    14.00 UP-DOWN
   RAHIMAFOOD    72.50 DOWN
   RAHIMTEXT    182.00 UP
   RAKCERAMIC    26.80 DOWN
   RANFOUNDRY    148.50 UP-DOWN
   RDFOOD    22.70 DOWN
   RECKITTBEN    3276.00 UP
   REGENTTEX    6.00 UP-DOWN
   RELIANCE1    13.50 DOWN
   RELIANCINS    114.00 UP
   RENATA    448.70 DOWN
   RENWICKJA    739.60 UP
   REPUBLIC    39.60 UP
   RINGSHINE    3.80 UP
   ROBI    30.30 UP
   RSRMSTEEL    6.60 UP-DOWN
   RUNNERAUTO    45.50 DOWN
   RUPALIBANK    17.00 UP
   RUPALIINS    28.70 UP
   RUPALILIFE    80.80 UP
   SAFKOSPINN    20.20 UP
   SAIFPOWER    7.70 UP-DOWN
   SAIHAMCOT    22.20 UP-DOWN
   SAIHAMTEX    37.10 UP
   SALAMCRST    12.60 UP-DOWN
   SALVO    30.80 UP
   SAMATALETH    85.10 UP
   SAMORITA    94.60 DOWN
   SANDHANINS    24.80 UP
   SAPORTL    60.80 DOWN
   SBACBANK    6.80 UP-DOWN
   SEAPEARL    36.00 DOWN
   SEMLFBSLGF    7.40 UP
   SEMLIBBLSF    8.20 UP-DOWN
   SHAHJABANK    17.30 UP
   SHARPIND    18.10 UP
   SHASHADNIM    26.60 UP-DOWN
   SHEPHERD    13.00 UP
   SHURWID    5.80 UP
   SHYAMPSUG    288.20 UP
   SICL    36.50 UP
   SILCOPHL    17.10 UP-DOWN
   SILVAPHL    12.80 UP
   SIMTEX    23.80 UP-DOWN
   SINGERBD    78.30 DOWN
   SINOBANGLA    49.50 UP
   SIPLC    152.00 DOWN
   SKTRIMS    12.50 UP
   SONALIANSH    226.80 UP
   SONALILIFE    86.60 UP
   SONALIPAPR    226.00 DOWN
   SONARBAINS    37.10 UP
   SONARGAON    109.50 UP
   SOUTHEASTB    11.70 UP-DOWN
   SPCERAMICS    24.00 UP
   SPCL    50.00 UP-DOWN
   SQUARETEXT    48.80 UP
   SQURPHARMA    217.70 UP
   SSSTEEL    6.00 UP
   STANCERAM    65.30 UP
   STANDARINS    53.20 UP
   STANDBANKL    4.40 UP-DOWN
   STYLECRAFT    54.00 UP
   SUMITPOWER    15.40 UP-DOWN
   SUNLIFEINS    54.80 UP
   TAKAFULINS    55.00 UP
   TALLUSPIN    7.10 UP
   TAMIJTEX    113.50 DOWN
   TECHNODRUG    40.40 UP
   TILIL    46.90 UP
   TITASGAS    17.80 DOWN
   TOSRIFA    19.30 UP-DOWN
   TRUSTB1MF    3.80 UP-DOWN
   TRUSTBANK    13.60 UP-DOWN
   TUNGHAI    4.20 UP-DOWN
   UCB    8.90 UP
   UNILEVERCL    1992.40 UP
   UNIONCAP    4.10 DOWN
   UNIONINS    48.50 UP
   UNIQUEHRL    41.90 UP
   UNITEDFIN    17.10 UP-DOWN
   UNITEDINS    63.70 UP
   UPGDCL    114.80 UP
   USMANIAGL    53.50 UP
   UTTARABANK    20.70 UP-DOWN
   UTTARAFIN    12.20 UP
   VAMLRBBF    8.60 DOWN
   VFSTDL    13.20 UP-DOWN
   WALTONHIL    338.00 DOWN
   WATACHEM    129.40 UP
   WMSHIPYARD    8.70 UP-DOWN
   YPL    20.90 DOWN
   ZAHEENSPIN    5.20 UP
   ZAHINTEX    7.40 UP-DOWN
   ZEALBANGLA    181.90 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).