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   1JANATAMF    3.40 DOWN
   1STPRIMFMF    23.60 DOWN
   AAMRANET    17.70 UP
   AAMRATECH    16.30 UP
   ABB1STMF    3.60 UP-DOWN
   ABBANK    4.50 UP
   ACFL    21.80 DOWN
   ACI    180.70 UP-DOWN
   ACIFORMULA    152.80 UP
   ACMELAB    76.50 UP
   ACMEPL    24.60 UP
   ACTIVEFINE    5.70 UP-DOWN
   ADNTEL    55.80 DOWN
   ADVENT    13.30 UP-DOWN
   AFCAGRO    6.10 UP-DOWN
   AFTABAUTO    25.50 DOWN
   AGNISYSL    27.90 DOWN
   AGRANINS    26.90 UP
   AIBL1STIMF    6.00 DOWN
   AIL    30.30 DOWN
   AL-HAJTEX    65.20 DOWN
   ALARABANK    14.90 UP-DOWN
   ALIF    5.30 UP
   ALLTEX    23.50 UP
   AMANFEED    31.00 UP
   AMBEEPHA    740.00 UP
   AMCL(PRAN)    210.50 DOWN
   ANLIMAYARN    26.30 UP
   ANWARGALV    113.60 UP
   AOL    15.20 UP
   APEXFOODS    249.70 DOWN
   APEXFOOT    207.00 DOWN
   APEXSPINN    281.00 DOWN
   APEXTANRY    89.50 DOWN
   APOLOISPAT    3.00 UP-DOWN
   ARAMIT    172.10 UP
   ARAMITCEM    11.30 UP
   ARGONDENIM    21.30 UP
   ASIAINS    39.40 UP-DOWN
   ASIAPACINS    46.50 UP
   ASIATICLAB    108.00 UP
   ATLASBANG    82.20 DOWN
   AZIZPIPES    73.10 UP
   BANGAS    117.60 DOWN
   BANKASIA    16.70 UP
   BARKAPOWER    10.00 UP
   BATASHOE    883.90 UP
   BATBC    226.50 UP
   BAYLEASING    4.60 UP
   BBS    11.40 DOWN
   BBSCABLES    15.70 DOWN
   BDAUTOCA    171.00 UP
   BDCOM    27.60 DOWN
   BDFINANCE    11.60 UP-DOWN
   BDLAMPS    218.10 DOWN
   BDTHAI    14.40 DOWN
   BDTHAIFOOD    24.00 DOWN
   BDWELDING    11.40 UP-DOWN
   BEACHHATCH    26.40 UP
   BEACONPHAR    98.80 DOWN
   BENGALWTL    20.90 UP-DOWN
   BERGERPBL    1455.00 DOWN
   BESTHLDNG    14.50 UP
   BEXGSUKUK    69.50 UP-DOWN
   BEXIMCO    21.10 DOWN
   BGIC    40.20 UP
   BIFC    3.70 DOWN
   BNICL    136.00 UP
   BPML    24.50 DOWN
   BPPL    18.60 DOWN
   BRACBANK    62.00 UP
   BSC    108.10 UP-DOWN
   BSCPLC    145.50 UP
   BSRMLTD    95.70 DOWN
   BSRMSTEEL    82.50 DOWN
   BXPHARMA    148.50 DOWN
   CAPITECGBF    8.60 DOWN
   CAPMIBBLMF    13.00 DOWN
   CENTRALINS    42.10 UP
   CENTRALPHL    9.00 DOWN
   CITYBANK    29.70 UP-DOWN
   CITYGENINS    127.80 UP
   CLICL    41.10 UP-DOWN
   CNATEX    3.00 UP-DOWN
   CONFIDCEM    57.80 DOWN
   CONTININS    32.20 UP
   COPPERTECH    21.20 UP
   CROWNCEMNT    59.00 UP
   CRYSTALINS    59.00 UP
   CVOPRL    146.00 DOWN
   DACCADYE    15.60 DOWN
   DAFODILCOM    161.40 DOWN
   DBH    39.60 DOWN
   DBH1STMF    5.30 DOWN
   DELTALIFE    68.70 DOWN
   DELTASPINN    6.90 UP-DOWN
   DESCO    21.90 UP
   DESHBANDHU    16.20 DOWN
   DGIC    29.30 DOWN
   DHAKABANK    11.80 UP
   DHAKAINS    41.90 UP
   DOMINAGE    63.40 UP
   DOREENPWR    29.00 DOWN
   DSHGARME    148.70 UP
   DSSL    10.80 UP-DOWN
   DULAMIACOT    170.90 DOWN
   DUTCHBANGL    43.50 UP
   EASTERNINS    57.10 UP
   EASTLAND    26.90 UP
   EASTRNLUB    1993.00 DOWN
   EBL    22.90 UP
   EBL1STMF    4.50 DOWN
   EBLNRBMF    3.50 UP-DOWN
   ECABLES    124.00 DOWN
   EGEN    21.90 DOWN
   EHL    80.80 UP
   EIL    30.60 UP
   EMERALDOIL    26.10 DOWN
   ENVOYTEX    72.30 DOWN
   EPGL    16.80 UP
   ESQUIRENIT    23.00 UP
   ETL    13.10 UP-DOWN
   EXIM1STMF    7.20 DOWN
   FAMILYTEX    2.30 UP-DOWN
   FARCHEM    14.90 UP
   FAREASTLIF    18.00 UP-DOWN
   FBFIF    3.40 DOWN
   FEDERALINS    27.00 UP
   FEKDIL    21.30 UP
   FINEFOODS    434.70 UP
   FIRSTFIN    4.50 UP
   FORTUNE    15.20 UP
   FUWANGCER    12.40 DOWN
   FUWANGFOOD    9.40 UP
   GBBPOWER    14.00 UP
   GEMINISEA    106.90 UP
   GENEXIL    34.10 DOWN
   GENNEXT    2.90 UP-DOWN
   GHAIL    12.40 DOWN
   GHCL    19.20 DOWN
   GLDNJMF    8.80 DOWN
   GLOBALINS    44.20 UP
   GOLDENSON    12.10 UP
   GP    237.50 DOWN
   GPHISPAT    15.80 UP
   GQBALLPEN    574.90 DOWN
   GRAMEENS2    11.80 DOWN
   GREENDELMF    4.50 DOWN
   GREENDELT    61.90 DOWN
   GSPFINANCE    3.40 UP-DOWN
   HAKKANIPUL    66.10 DOWN
   HAMI    147.90 UP
   HEIDELBCEM    206.30 UP
   HFL    12.40 DOWN
   HRTEX    16.30 DOWN
   HWAWELLTEX    46.40 DOWN
   IBNSINA    308.30 DOWN
   IBP    15.00 DOWN
   ICB    39.00 DOWN
   ICB3RDNRB    5.60 DOWN
   ICBAGRANI1    7.80 DOWN
   ICBAMCL2ND    7.60 DOWN
   ICBEPMF1S1    6.00 DOWN
   ICBIBANK    2.60 UP-DOWN
   ICBSONALI1    6.70 DOWN
   ICICL    35.20 DOWN
   IDLC    41.20 UP-DOWN
   IFADAUTOS    22.90 UP-DOWN
   IFIC    4.60 UP-DOWN
   IFIC1STMF    4.00 DOWN
   IFILISLMF1    5.40 DOWN
   INDEXAGRO    65.80 DOWN
   INTECH    22.50 UP
   INTRACO    22.30 DOWN
   IPDC    31.60 UP
   ISLAMIBANK    27.20 UP-DOWN
   ISLAMICFIN    10.70 UP-DOWN
   ISLAMIINS    60.10 UP
   ISNLTD    42.30 DOWN
   ITC    43.70 UP-DOWN
   JAMUNABANK    22.70 UP
   JAMUNAOIL    175.10 UP-DOWN
   JANATAINS    31.80 UP
   JHRML    41.60 UP
   JMISMDL    127.60 UP
   JUTESPINN    202.30 DOWN
   KARNAPHULI    53.00 DOWN
   KAY&QUE    343.30 DOWN
   KBPPWBIL    28.70 DOWN
   KDSALTD    43.50 UP
   KEYACOSMET    5.10 UP
   KOHINOOR    519.50 DOWN
   KPCL    10.50 UP
   KPPL    12.10 DOWN
   KTL    12.40 UP-DOWN
   LANKABAFIN    14.50 UP-DOWN
   LEGACYFOOT    68.30 DOWN
   LHB    50.80 UP
   LIBRAINFU    560.00 DOWN
   LINDEBD    668.50 DOWN
   LOVELLO    43.90 UP-DOWN
   LRBDL    12.50 UP
   LRGLOBMF1    4.30 UP-DOWN
   MAGURAPLEX    79.40 UP
   MAKSONSPIN    5.90 UP-DOWN
   MALEKSPIN    45.50 UP
   MARICO    2658.90 UP
   MATINSPINN    64.10 DOWN
   MBL1STMF    9.20 UP
   MEGCONMILK    31.90 UP-DOWN
   MEGHNACEM    29.50 UP
   MEGHNAINS    33.70 DOWN
   MEGHNALIFE    52.30 UP
   MEGHNAPET    59.30 UP
   MERCANBANK    6.70 UP
   MERCINS    48.40 UP
   METROSPIN    9.80 UP
   MHSML    19.20 UP
   MIDASFIN    4.80 DOWN
   MIDLANDBNK    16.10 DOWN
   MIRACLEIND    26.70 UP
   MIRAKHTER    31.20 UP-DOWN
   MITHUNKNIT    13.70 UP
   MJLBD    89.80 UP
   MLDYEING    11.40 UP
   MONNOAGML    303.20 UP
   MONNOCERA    80.30 UP
   MONNOFABR    19.30 DOWN
   MONOSPOOL    101.70 DOWN
   MPETROLEUM    206.40 UP
   MTB    12.60 UP
   NAHEEACP    33.00 UP
   NATLIFEINS    92.00 DOWN
   NAVANACNG    19.30 DOWN
   NAVANAPHAR    61.00 DOWN
   NBL    3.30 UP-DOWN
   NCCBANK    14.20 UP-DOWN
   NCCBLMF1    6.70 DOWN
   NEWLINE    5.30 UP
   NFML    14.90 UP-DOWN
   NHFIL    26.00 UP-DOWN
   NITOLINS    56.00 DOWN
   NORTHERN    97.80 DOWN
   NORTHRNINS    35.50 DOWN
   NPOLYMER    30.50 UP
   NRBBANK    6.50 UP
   NRBCBANK    9.00 UP
   NTC    150.70 UP
   NTLTUBES    59.70 DOWN
   NURANI    3.00 UP
   OAL    6.20 DOWN
   OIMEX    13.90 UP
   OLYMPIC    143.10 UP
   ONEBANKPLC    7.60 UP
   ORIONINFU    168.70 DOWN
   ORIONPHARM    24.00 DOWN
   PADMALIFE    15.60 UP
   PADMAOIL    192.60 UP-DOWN
   PARAMOUNT    55.80 UP
   PDL    5.50 UP
   PENINSULA    20.20 UP
   PEOPLESINS    57.70 UP
   PF1STMF    17.30 DOWN
   PHARMAID    532.50 DOWN
   PHENIXINS    46.50 UP
   PHOENIXFIN    3.70 UP
   PHPMF1    3.60 UP-DOWN
   PIONEERINS    62.70 UP
   PLFSL    1.90 UP-DOWN
   POPULAR1MF    3.60 UP-DOWN
   POPULARLIF    54.80 DOWN
   POWERGRID    37.60 UP-DOWN
   PRAGATIINS    71.00 UP
   PRAGATILIF    140.80 UP
   PREMIERBAN    5.70 UP
   PREMIERCEM    41.60 DOWN
   PREMIERLEA    2.00 UP
   PRIME1ICBA    6.00 DOWN
   PRIMEBANK    28.20 UP-DOWN
   PRIMEFIN    2.80 UP
   PRIMEINSUR    49.60 UP
   PRIMELIFE    36.30 UP
   PRIMETEX    14.00 UP
   PROGRESLIF    35.30 DOWN
   PROVATIINS    51.40 DOWN
   PTL    79.30 UP
   PUBALIBANK    37.60 UP
   PURABIGEN    27.10 UP
   QUASEMIND    38.60 UP-DOWN
   QUEENSOUTH    13.90 UP
   RAHIMAFOOD    67.10 UP
   RAHIMTEXT    170.00 DOWN
   RAKCERAMIC    26.60 UP
   RANFOUNDRY    147.80 UP
   RDFOOD    21.90 DOWN
   RECKITTBEN    3269.50 DOWN
   REGENTTEX    6.00 UP
   RELIANCE1    12.20 DOWN
   RELIANCINS    105.80 UP
   RENATA    455.60 DOWN
   REPUBLIC    38.10 UP
   RINGSHINE    3.70 UP-DOWN
   ROBI    29.80 DOWN
   RSRMSTEEL    6.90 UP-DOWN
   RUNNERAUTO    44.20 DOWN
   RUPALIBANK    17.00 UP
   RUPALIINS    27.30 UP
   RUPALILIFE    74.10 DOWN
   SAFKOSPINN    20.20 UP
   SAIFPOWER    7.90 DOWN
   SAIHAMCOT    22.90 UP
   SAIHAMTEX    34.80 UP
   SALAMCRST    11.10 UP-DOWN
   SALVO    28.90 UP-DOWN
   SAMATALETH    74.60 UP
   SAMORITA    82.20 DOWN
   SANDHANINS    24.10 UP
   SAPORTL    59.70 DOWN
   SBACBANK    6.60 UP-DOWN
   SEAPEARL    32.00 DOWN
   SEMLFBSLGF    6.70 DOWN
   SEMLIBBLSF    7.80 DOWN
   SHAHJABANK    17.30 UP-DOWN
   SHARPIND    18.30 UP
   SHASHADNIM    27.30 UP-DOWN
   SHEPHERD    12.70 UP-DOWN
   SHURWID    5.90 UP-DOWN
   SHYAMPSUG    297.00 UP
   SICL    34.50 UP
   SILCOPHL    16.20 UP-DOWN
   SILVAPHL    12.40 UP
   SIMTEX    23.80 UP-DOWN
   SINGERBD    72.30 UP
   SINOBANGLA    48.10 DOWN
   SIPLC    137.60 DOWN
   SKTRIMS    12.50 DOWN
   SONALIANSH    200.20 UP
   SONALILIFE    81.80 UP
   SONALIPAPR    212.00 DOWN
   SONARBAINS    35.00 DOWN
   SONARGAON    87.30 UP
   SOUTHEASTB    12.70 DOWN
   SPCERAMICS    20.30 UP-DOWN
   SPCL    47.80 DOWN
   SQUARETEXT    48.30 DOWN
   SQURPHARMA    213.00 DOWN
   SSSTEEL    6.00 UP-DOWN
   STANCERAM    64.00 DOWN
   STANDARINS    51.50 UP
   STANDBANKL    4.40 UP-DOWN
   STYLECRAFT    52.00 UP
   SUMITPOWER    15.20 UP
   SUNLIFEINS    47.10 UP
   TAKAFULINS    55.00 DOWN
   TALLUSPIN    7.00 UP
   TAMIJTEX    112.10 UP
   TB15Y0339    123.38 UP
   TB20Y0640    101.08 DOWN
   TB20Y0744    136.36 UP
   TECHNODRUG    39.80 UP
   TILIL    42.90 DOWN
   TITASGAS    16.60 UP-DOWN
   TOSRIFA    18.40 UP-DOWN
   TRUSTB1MF    3.70 UP
   TRUSTBANK    14.00 DOWN
   TUNGHAI    4.10 UP-DOWN
   UCB    9.20 UP-DOWN
   UNILEVERCL    1981.00 DOWN
   UNIONCAP    4.20 UP-DOWN
   UNIONINS    46.80 DOWN
   UNIQUEHRL    38.90 DOWN
   UNITEDFIN    16.50 UP
   UNITEDINS    58.50 DOWN
   UPGDCL    110.30 DOWN
   USMANIAGL    52.80 UP
   UTTARABANK    20.70 UP-DOWN
   UTTARAFIN    11.90 DOWN
   VAMLRBBF    8.10 UP-DOWN
   VFSTDL    13.30 UP
   WALTONHIL    390.30 UP
   WATACHEM    130.20 UP
   WMSHIPYARD    8.60 UP
   YPL    18.20 DOWN
   ZAHEENSPIN    5.30 UP
   ZAHINTEX    7.90 DOWN
   ZEALBANGLA    161.60 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).