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   1JANATAMF    3.70 UP-DOWN
   1STPRIMFMF    35.40 UP
   AAMRATECH    16.40 DOWN
   ABB1STMF    3.70 UP
   ABBANK    4.50 UP-DOWN
   ACFL    22.40 DOWN
   ACI    189.10 DOWN
   ACIFORMULA    157.00 DOWN
   ACMELAB    79.30 UP
   ACMEPL    25.70 DOWN
   ACTIVEFINE    5.70 UP-DOWN
   ADNTEL    59.40 DOWN
   ADVENT    14.10 UP
   AFCAGRO    6.20 UP-DOWN
   AFTABAUTO    27.50 UP
   AGNISYSL    28.90 DOWN
   AGRANINS    29.50 UP-DOWN
   AIBL1STIMF    6.20 UP
   AIL    32.00 UP
   AL-HAJTEX    79.00 DOWN
   ALARABANK    15.90 UP
   ALIF    5.30 UP-DOWN
   ALLTEX    23.50 UP
   AMANFEED    31.70 DOWN
   AMBEEPHA    756.50 DOWN
   AMCL(PRAN)    215.80 DOWN
   ANLIMAYARN    26.20 DOWN
   ANWARGALV    120.20 UP
   AOL    15.80 UP
   APEXFOODS    265.20 DOWN
   APEXFOOT    215.00 DOWN
   APEXSPINN    346.80 DOWN
   APEXTANRY    93.80 DOWN
   APOLOISPAT    2.80 UP-DOWN
   APSCLBOND    1060.00 DOWN
   ARAMIT    179.10 UP
   ARAMITCEM    11.40 UP
   ARGONDENIM    21.40 DOWN
   ASIAINS    42.00 UP
   ASIAPACINS    47.80 UP
   ASIATICLAB    108.30 UP
   ATLASBANG    82.50 DOWN
   AZIZPIPES    78.70 UP-DOWN
   BANGAS    120.20 DOWN
   BANKASIA    16.90 UP-DOWN
   BARKAPOWER    10.20 UP
   BATASHOE    888.50 UP
   BATBC    226.50 DOWN
   BAYLEASING    4.40 UP
   BBS    12.40 DOWN
   BBSCABLES    17.40 DOWN
   BDAUTOCA    185.10 DOWN
   BDCOM    28.80 DOWN
   BDFINANCE    11.60 DOWN
   BDLAMPS    222.50 DOWN
   BDTHAI    15.30 DOWN
   BDTHAIFOOD    20.90 DOWN
   BDWELDING    12.50 UP
   BEACHHATCH    28.40 UP
   BEACONPHAR    103.10 DOWN
   BENGALWTL    22.40 DOWN
   BERGERPBL    1464.50 UP
   BESTHLDNG    14.80 DOWN
   BEXGSUKUK    70.50 UP
   BEXIMCO    21.80 DOWN
   BGIC    42.10 UP
   BIFC    3.60 DOWN
   BNICL    167.50 UP
   BPML    28.00 UP-DOWN
   BPPL    19.20 DOWN
   BRACBANK    64.20 DOWN
   BSC    110.20 DOWN
   BSCPLC    147.60 DOWN
   BSRMLTD    96.30 DOWN
   BSRMSTEEL    85.80 DOWN
   BXPHARMA    148.40 DOWN
   CAPITECGBF    9.20 UP
   CAPMIBBLMF    14.50 UP-DOWN
   CENTRALINS    44.00 UP
   CENTRALPHL    9.40 DOWN
   CITYBANK    29.80 UP-DOWN
   CITYGENINS    129.40 UP
   CLICL    45.50 DOWN
   CNATEX    3.30 UP
   CONFIDCEM    61.40 DOWN
   CONTININS    33.30 DOWN
   COPPERTECH    22.40 DOWN
   CROWNCEMNT    60.50 UP-DOWN
   CRYSTALINS    71.60 UP
   CVOPRL    161.20 UP
   DACCADYE    15.80 UP
   DAFODILCOM    165.00 DOWN
   DBH    40.20 DOWN
   DBH1STMF    5.90 UP
   DELTALIFE    73.10 UP
   DELTASPINN    7.10 UP
   DESCO    22.70 DOWN
   DESHBANDHU    17.30 DOWN
   DGIC    39.40 UP
   DHAKABANK    11.30 DOWN
   DHAKAINS    45.60 UP
   DOMINAGE    65.70 DOWN
   DOREENPWR    31.00 DOWN
   DSHGARME    153.60 DOWN
   DSSL    11.30 DOWN
   DULAMIACOT    196.60 UP
   DUTCHBANGL    46.00 UP
   EASTERNINS    60.20 UP
   EASTLAND    27.90 DOWN
   EASTRNLUB    1975.70 DOWN
   EBL    22.90 DOWN
   EBL1STMF    4.50 UP
   EBLNRBMF    3.60 UP
   ECABLES    121.80 DOWN
   EGEN    23.10 DOWN
   EHL    84.80 DOWN
   EIL    32.00 UP
   EMERALDOIL    29.40 UP
   ENVOYTEX    73.80 UP
   EPGL    17.10 UP-DOWN
   ESQUIRENIT    23.70 DOWN
   ETL    14.70 DOWN
   EXIM1STMF    6.90 UP
   FAMILYTEX    2.30 UP-DOWN
   FARCHEM    16.70 UP
   FAREASTLIF    18.80 UP
   FBFIF    3.50 UP-DOWN
   FEDERALINS    27.90 UP-DOWN
   FEKDIL    21.80 DOWN
   FINEFOODS    461.50 UP
   FIRSTFIN    4.60 UP
   FORTUNE    15.80 UP
   FUWANGCER    13.00 DOWN
   FUWANGFOOD    9.60 DOWN
   GBBPOWER    13.30 DOWN
   GEMINISEA    109.90 UP
   GENEXIL    35.30 DOWN
   GENNEXT    2.90 UP-DOWN
   GHAIL    12.90 DOWN
   GHCL    20.40 UP
   GLDNJMF    9.50 UP
   GLOBALINS    44.60 UP
   GOLDENSON    12.60 DOWN
   GP    243.50 UP
   GPHISPAT    17.00 DOWN
   GQBALLPEN    625.00 UP
   GRAMEENS2    12.80 UP
   GREENDELMF    5.10 UP
   GREENDELT    65.30 UP
   GSPFINANCE    3.70 UP
   HAKKANIPUL    71.70 DOWN
   HAMI    146.50 DOWN
   HEIDELBCEM    211.10 DOWN
   HFL    12.20 DOWN
   HRTEX    17.20 DOWN
   HWAWELLTEX    45.80 DOWN
   IBBLPBOND    650.00 UP
   IBNSINA    318.20 UP
   IBP    15.40 DOWN
   ICB    39.60 DOWN
   ICB3RDNRB    6.40 UP
   ICBAGRANI1    8.40 UP
   ICBAMCL2ND    10.40 UP
   ICBEPMF1S1    6.70 UP
   ICBIBANK    2.60 UP
   ICBSONALI1    8.00 UP-DOWN
   ICICL    37.40 DOWN
   IDLC    43.30 DOWN
   IFADAUTOS    23.60 DOWN
   IFIC    4.90 UP-DOWN
   IFIC1STMF    4.20 UP
   IFILISLMF1    6.10 DOWN
   INDEXAGRO    76.10 DOWN
   INTECH    24.70 DOWN
   INTRACO    21.70 UP-DOWN
   IPDC    34.80 UP
   ISLAMIBANK    26.90 DOWN
   ISLAMICFIN    10.70 DOWN
   ISLAMIINS    64.80 UP
   ISNLTD    55.10 DOWN
   ITC    45.00 DOWN
   JAMUNABANK    23.00 UP-DOWN
   JAMUNAOIL    178.00 DOWN
   JANATAINS    33.00 UP
   JHRML    44.20 DOWN
   JMISMDL    130.00 DOWN
   JUTESPINN    207.70 UP
   KARNAPHULI    55.00 UP
   KAY&QUE    388.80 UP
   KBPPWBIL    37.90 DOWN
   KDSALTD    45.50 DOWN
   KEYACOSMET    5.50 DOWN
   KOHINOOR    525.20 DOWN
   KPCL    10.70 UP
   KPPL    13.40 UP
   KTL    12.90 DOWN
   LANKABAFIN    14.70 UP-DOWN
   LEGACYFOOT    68.70 DOWN
   LHB    54.00 DOWN
   LIBRAINFU    577.40 DOWN
   LINDEBD    677.10 DOWN
   LOVELLO    52.40 DOWN
   LRBDL    13.20 DOWN
   LRGLOBMF1    4.60 UP
   MAGURAPLEX    85.60 DOWN
   MAKSONSPIN    5.90 UP
   MALEKSPIN    48.00 UP
   MARICO    2660.80 UP
   MATINSPINN    65.00 DOWN
   MBL1STMF    10.60 UP
   MEGCONMILK    32.80 DOWN
   MEGHNACEM    29.30 UP-DOWN
   MEGHNAINS    36.00 UP
   MEGHNALIFE    53.10 UP
   MEGHNAPET    77.90 DOWN
   MERCANBANK    6.50 UP-DOWN
   MERCINS    51.30 UP
   METROSPIN    10.00 UP
   MHSML    20.20 DOWN
   MIDASFIN    4.50 UP
   MIDLANDBNK    17.00 UP-DOWN
   MIRACLEIND    27.00 DOWN
   MIRAKHTER    35.10 DOWN
   MITHUNKNIT    13.60 UP-DOWN
   MJLBD    90.60 DOWN
   MLDYEING    11.70 DOWN
   MONNOAGML    310.00 DOWN
   MONNOCERA    85.40 DOWN
   MONNOFABR    20.00 DOWN
   MONOSPOOL    108.60 DOWN
   MPETROLEUM    205.00 UP
   MTB    13.60 DOWN
   NAHEEACP    34.10 DOWN
   NATLIFEINS    95.10 DOWN
   NAVANACNG    19.90 DOWN
   NAVANAPHAR    64.00 DOWN
   NBL    3.30 DOWN
   NCCBANK    14.40 DOWN
   NCCBLMF1    6.90 UP
   NEWLINE    5.50 UP
   NFML    16.00 DOWN
   NHFIL    27.00 UP
   NITOLINS    58.30 UP
   NORTHERN    97.70 DOWN
   NORTHRNINS    37.30 UP
   NPOLYMER    32.00 DOWN
   NRBBANK    6.50 DOWN
   NRBCBANK    9.00 DOWN
   NTC    153.00 DOWN
   NTLTUBES    62.00 DOWN
   NURANI    3.10 UP
   OAL    6.20 UP-DOWN
   OIMEX    14.50 UP
   OLYMPIC    143.50 DOWN
   ONEBANKPLC    7.70 UP-DOWN
   ORIONINFU    262.90 DOWN
   ORIONPHARM    30.20 UP
   PADMALIFE    16.20 UP
   PADMAOIL    195.30 DOWN
   PARAMOUNT    64.80 UP
   PDL    5.60 UP
   PENINSULA    20.90 DOWN
   PEOPLESINS    61.30 UP
   PF1STMF    18.20 UP
   PHARMAID    557.90 DOWN
   PHENIXINS    48.20 UP
   PHOENIXFIN    3.40 UP-DOWN
   PHPMF1    3.70 UP
   PIONEERINS    67.90 UP
   PLFSL    1.80 UP-DOWN
   POPULAR1MF    3.70 UP
   POPULARLIF    56.50 UP-DOWN
   POWERGRID    38.20 UP
   PRAGATIINS    75.70 UP
   PRAGATILIF    148.00 UP
   PREMIERBAN    5.60 DOWN
   PREMIERCEM    42.50 DOWN
   PREMIERLEA    2.10 UP
   PRIME1ICBA    7.20 UP
   PRIMEBANK    28.20 DOWN
   PRIMEFIN    2.90 UP
   PRIMEINSUR    51.90 UP
   PRIMELIFE    37.80 UP
   PRIMETEX    14.60 UP
   PROGRESLIF    36.70 UP
   PROVATIINS    55.00 UP
   PTL    76.20 DOWN
   PUBALIBANK    39.20 DOWN
   PURABIGEN    28.60 UP
   QUASEMIND    40.20 DOWN
   QUEENSOUTH    14.50 DOWN
   RAHIMAFOOD    74.60 DOWN
   RAHIMTEXT    182.80 DOWN
   RAKCERAMIC    27.30 DOWN
   RANFOUNDRY    152.50 DOWN
   RDFOOD    23.80 DOWN
   RECKITTBEN    3269.90 UP
   REGENTTEX    6.10 UP
   RELIANCE1    13.40 UP
   RELIANCINS    107.40 UP
   RENATA    449.10 UP
   RENWICKJA    741.10 DOWN
   REPUBLIC    39.30 UP
   RINGSHINE    3.80 DOWN
   ROBI    30.00 UP-DOWN
   RSRMSTEEL    6.90 UP-DOWN
   RUNNERAUTO    46.60 DOWN
   RUPALIBANK    17.00 UP
   RUPALIINS    28.80 UP
   RUPALILIFE    80.20 UP
   SAFKOSPINN    20.20 DOWN
   SAIFPOWER    8.00 UP
   SAIHAMCOT    22.50 DOWN
   SAIHAMTEX    34.90 DOWN
   SALAMCRST    12.80 UP
   SALVO    31.40 UP-DOWN
   SAMATALETH    87.60 UP
   SAMORITA    91.20 DOWN
   SANDHANINS    25.10 UP
   SAPORTL    61.70 UP
   SBACBANK    6.90 UP
   SEAPEARL    37.80 UP
   SEB1PBOND    4380.00 DOWN
   SEMLFBSLGF    7.10 UP-DOWN
   SEMLIBBLSF    8.00 UP-DOWN
   SHAHJABANK    17.50 DOWN
   SHARPIND    19.10 DOWN
   SHASHADNIM    27.10 UP
   SHEPHERD    13.40 DOWN
   SHURWID    5.80 UP-DOWN
   SHYAMPSUG    305.90 DOWN
   SICL    36.40 UP
   SILCOPHL    17.50 DOWN
   SILVAPHL    13.10 DOWN
   SIMTEX    24.10 DOWN
   SINGERBD    81.00 UP
   SINOBANGLA    50.00 UP
   SIPLC    148.90 UP
   SKTRIMS    12.50 UP
   SONALIANSH    214.40 DOWN
   SONALILIFE    84.90 DOWN
   SONALIPAPR    225.70 DOWN
   SONARBAINS    37.10 UP
   SONARGAON    102.90 UP-DOWN
   SOUTHEASTB    11.70 UP-DOWN
   SPCERAMICS    23.50 DOWN
   SPCL    50.80 DOWN
   SQUARETEXT    48.90 UP
   SQURPHARMA    217.60 UP
   SSSTEEL    6.00 UP-DOWN
   STANCERAM    64.50 DOWN
   STANDARINS    52.50 UP
   STANDBANKL    4.50 UP
   STYLECRAFT    53.70 UP-DOWN
   SUMITPOWER    15.60 UP-DOWN
   SUNLIFEINS    52.00 DOWN
   TAKAFULINS    53.80 UP
   TALLUSPIN    7.20 UP-DOWN
   TAMIJTEX    115.70 DOWN
   TB10Y0634    116.67 DOWN
   TB5Y1229    109.21 DOWN
   TECHNODRUG    41.00 UP
   TILIL    45.70 DOWN
   TITASGAS    18.00 UP
   TOSRIFA    20.30 DOWN
   TRUSTB1MF    3.80 UP
   TRUSTBANK    13.60 DOWN
   TUNGHAI    4.20 UP
   UCB    8.80 DOWN
   UNILEVERCL    1993.00 UP
   UNIONCAP    4.30 UP-DOWN
   UNIONINS    47.40 UP
   UNIQUEHRL    43.60 DOWN
   UNITEDFIN    17.10 UP
   UNITEDINS    62.80 UP
   UPGDCL    114.70 DOWN
   USMANIAGL    54.00 DOWN
   UTTARABANK    20.60 UP-DOWN
   UTTARAFIN    12.10 UP-DOWN
   VAMLRBBF    8.20 UP
   VFSTDL    13.70 DOWN
   WALTONHIL    343.50 DOWN
   WATACHEM    129.90 DOWN
   WMSHIPYARD    8.80 UP-DOWN
   YPL    21.50 DOWN
   ZAHEENSPIN    5.30 UP
   ZAHINTEX    7.90 DOWN
   ZEALBANGLA    186.90 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).