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   1JANATAMF    3.40 UP-DOWN
   1STPRIMFMF    24.10 UP
   AAMRANET    20.80 UP
   AAMRATECH    17.40 UP
   ABB1STMF    3.80 UP
   ABBANK    4.90 UP-DOWN
   ACFL    23.60 UP
   ACI    206.70 UP
   ACIFORMULA    188.20 UP
   ACMELAB    84.40 UP
   ACMEPL    22.50 DOWN
   ACTIVEFINE    6.80 UP-DOWN
   ADNTEL    68.10 DOWN
   ADVENT    15.80 UP
   AFCAGRO    7.30 UP
   AFTABAUTO    31.70 UP
   AGNISYSL    34.00 DOWN
   AGRANINS    28.60 DOWN
   AIBL1STIMF    6.50 DOWN
   AIL    37.40 DOWN
   AL-HAJTEX    111.40 DOWN
   ALARABANK    17.40 UP-DOWN
   ALIF    5.60 UP
   ALLTEX    19.60 UP
   AMANFEED    37.40 DOWN
   AMBEEPHA    808.00 DOWN
   AMCL(PRAN)    235.00 UP-DOWN
   ANLIMAYARN    33.20 DOWN
   ANWARGALV    115.70 UP
   AOL    17.80 UP
   APEXFOODS    288.80 DOWN
   APEXFOOT    214.50 DOWN
   APEXSPINN    397.10 UP
   APEXTANRY    107.10 DOWN
   APOLOISPAT    3.00 UP-DOWN
   ARAMIT    204.00 UP
   ARAMITCEM    12.50 DOWN
   ARGONDENIM    21.10 UP
   ASIAINS    42.50 DOWN
   ASIAPACINS    43.50 DOWN
   ASIATICLAB    129.60 DOWN
   ATLASBANG    94.80 UP
   AZIZPIPES    76.30 UP
   BANGAS    137.40 DOWN
   BANKASIA    18.50 UP
   BARKAPOWER    8.00 UP-DOWN
   BATASHOE    887.50 DOWN
   BATBC    221.90 UP
   BAYLEASING    4.60 DOWN
   BBS    15.00 UP
   BBSCABLES    22.60 UP
   BDAUTOCA    212.10 UP
   BDCOM    34.00 DOWN
   BDFINANCE    12.70 DOWN
   BDLAMPS    182.30 UP
   BDTHAI    18.80 UP
   BDTHAIFOOD    21.70 DOWN
   BDWELDING    14.20 UP-DOWN
   BEACHHATCH    34.40 UP
   BEACONPHAR    110.00 DOWN
   BENGALWTL    24.20 DOWN
   BERGERPBL    1400.00 DOWN
   BESTHLDNG    16.30 DOWN
   BEXGSUKUK    73.00 DOWN
   BEXIMCO    26.40 DOWN
   BGIC    41.00 DOWN
   BIFC    4.30 UP-DOWN
   BNICL    108.50 DOWN
   BPML    28.90 UP
   BPPL    20.40 UP-DOWN
   BRACBANK    64.00 UP
   BSC    122.30 DOWN
   BSCPLC    162.20 DOWN
   BSRMLTD    106.40 DOWN
   BSRMSTEEL    99.20 DOWN
   BXPHARMA    150.80 DOWN
   CAPITECGBF    8.30 UP-DOWN
   CAPMBDBLMF    10.00 UP
   CAPMIBBLMF    14.80 DOWN
   CENTRALINS    42.00 DOWN
   CENTRALPHL    10.60 DOWN
   CITYBANK    31.60 UP
   CITYGENINS    107.00 DOWN
   CNATEX    3.00 UP
   CONFIDCEM    70.00 UP
   CONTININS    33.50 DOWN
   COPPERTECH    26.50 UP
   CROWNCEMNT    70.00 DOWN
   CRYSTALINS    68.00 DOWN
   CVOPRL    177.70 UP
   DACCADYE    17.40 UP-DOWN
   DAFODILCOM    163.70 DOWN
   DBH    41.90 UP
   DBH1STMF    5.70 UP-DOWN
   DELTALIFE    80.10 DOWN
   DELTASPINN    7.30 DOWN
   DESCO    26.10 DOWN
   DESHBANDHU    21.00 DOWN
   DGIC    32.80 DOWN
   DHAKABANK    12.40 UP
   DHAKAINS    42.50 DOWN
   DOMINAGE    75.50 DOWN
   DOREENPWR    31.20 UP-DOWN
   DSHGARME    165.00 DOWN
   DSSL    13.30 UP
   DULAMIACOT    211.50 UP
   DUTCHBANGL    49.40 DOWN
   EASTERNINS    58.10 DOWN
   EASTLAND    27.10 DOWN
   EASTRNLUB    2072.90 UP
   EBL    24.40 UP-DOWN
   EBL1STMF    4.60 UP
   EBLNRBMF    3.50 UP
   ECABLES    145.40 UP
   EGEN    27.30 DOWN
   EHL    97.30 UP
   EIL    31.00 DOWN
   EMERALDOIL    28.10 UP
   ENVOYTEX    58.10 UP
   EPGL    19.90 UP-DOWN
   ESQUIRENIT    26.30 UP
   ETL    14.20 UP
   EXIM1STMF    4.30 UP-DOWN
   FAMILYTEX    2.40 UP
   FARCHEM    24.90 UP
   FAREASTFIN    1.40 UP
   FAREASTLIF    22.40 DOWN
   FASFIN    1.50 UP
   FBFIF    3.40 UP-DOWN
   FEDERALINS    27.20 DOWN
   FEKDIL    25.80 UP
   FINEFOODS    490.10 DOWN
   FORTUNE    20.80 UP
   FUWANGCER    15.60 DOWN
   FUWANGFOOD    13.00 UP
   GBBPOWER    8.10 UP-DOWN
   GEMINISEA    131.40 UP
   GENEXIL    42.40 UP
   GENNEXT    2.80 UP-DOWN
   GHAIL    15.30 UP
   GHCL    23.20 DOWN
   GLDNJMF    7.90 DOWN
   GOLDENSON    16.20 UP-DOWN
   GP    257.40 UP
   GPHISPAT    19.40 DOWN
   GQBALLPEN    592.30 DOWN
   GRAMEENS2    13.10 UP-DOWN
   GREENDELMF    4.80 UP
   GREENDELT    65.70 DOWN
   GSPFINANCE    3.60 DOWN
   HAKKANIPUL    83.30 UP
   HAMI    158.00 DOWN
   HEIDELBCEM    237.00 DOWN
   HFL    14.00 UP
   HRTEX    21.40 DOWN
   HWAWELLTEX    47.40 UP-DOWN
   IBBLPBOND    661.00 UP
   IBNSINA    325.70 DOWN
   IBP    18.70 UP-DOWN
   ICB    47.50 UP
   ICB3RDNRB    5.80 UP
   ICBAGRANI1    8.50 UP-DOWN
   ICBAMCL2ND    7.40 UP
   ICBEPMF1S1    6.50 UP
   ICBIBANK    2.80 UP
   ICBSONALI1    6.30 UP
   ICICL    30.00 DOWN
   IDLC    43.90 UP
   IFADAUTOS    26.40 UP
   IFIC    5.00 UP-DOWN
   IFIC1STMF    4.10 UP
   IFILISLMF1    5.50 UP
   ILFSL    1.40 UP
   INDEXAGRO    75.30 UP-DOWN
   INTECH    27.30 UP-DOWN
   INTRACO    22.10 UP
   IPDC    32.90 UP
   ISLAMIBANK    32.30 DOWN
   ISLAMICFIN    12.10 UP-DOWN
   ISNLTD    61.50 UP
   ITC    50.80 DOWN
   JAMUNABANK    23.80 UP
   JAMUNAOIL    183.40 UP-DOWN
   JANATAINS    33.90 DOWN
   JHRML    51.60 DOWN
   JMISMDL    147.30 DOWN
   JUTESPINN    229.90 DOWN
   KARNAPHULI    45.00 DOWN
   KAY&QUE    428.50 DOWN
   KBPPWBIL    40.40 UP-DOWN
   KDSALTD    52.90 UP-DOWN
   KEYACOSMET    5.10 DOWN
   KOHINOOR    529.40 UP-DOWN
   KPCL    10.30 UP
   KPPL    15.80 UP
   KTL    10.40 UP
   LANKABAFIN    17.80 DOWN
   LEGACYFOOT    69.80 UP
   LHB    60.80 UP
   LIBRAINFU    643.00 DOWN
   LINDEBD    744.90 UP
   LOVELLO    72.70 UP
   LRBDL    15.00 DOWN
   LRGLOBMF1    4.30 UP
   MAGURAPLEX    93.30 UP
   MAKSONSPIN    5.80 DOWN
   MALEKSPIN    45.60 UP
   MARICO    2747.00 DOWN
   MATINSPINN    58.20 UP
   MBL1STMF    5.50 UP
   MEGCONMILK    38.90 UP
   MEGHNACEM    33.00 UP
   MEGHNAINS    37.70 DOWN
   MEGHNALIFE    62.00 DOWN
   MEGHNAPET    93.10 DOWN
   MERCANBANK    7.60 UP-DOWN
   MERCINS    41.40 DOWN
   METROSPIN    9.40 UP
   MHSML    23.40 UP
   MIDASFIN    5.80 UP-DOWN
   MIDLANDBNK    18.60 UP
   MIRACLEIND    30.10 DOWN
   MIRAKHTER    43.20 UP
   MITHUNKNIT    14.30 DOWN
   MJLBD    95.30 UP-DOWN
   MLDYEING    15.10 UP
   MONNOAGML    353.50 DOWN
   MONNOCERA    95.60 DOWN
   MONNOFABR    22.40 UP-DOWN
   MONOSPOOL    118.90 DOWN
   MPETROLEUM    215.00 DOWN
   MTB    13.70 UP
   NAHEEACP    36.00 DOWN
   NATLIFEINS    102.50 DOWN
   NAVANACNG    22.90 UP
   NAVANAPHAR    73.70 DOWN
   NBL    3.90 UP
   NCCBANK    15.60 UP
   NCCBLMF1    6.70 UP
   NEWLINE    5.90 DOWN
   NFML    20.30 UP
   NHFIL    31.90 UP
   NITOLINS    36.70 DOWN
   NORTHERN    119.50 UP
   NORTHRNINS    38.50 DOWN
   NPOLYMER    34.30 DOWN
   NRBBANK    6.10 UP
   NRBCBANK    7.70 UP
   NTC    174.50 DOWN
   NTLTUBES    71.90 UP
   NURANI    2.70 UP-DOWN
   OAL    6.70 UP-DOWN
   OIMEX    16.90 UP
   OLYMPIC    156.90 DOWN
   ONEBANKPLC    7.90 UP-DOWN
   ORIONINFU    295.30 DOWN
   ORIONPHARM    29.80 UP-DOWN
   PADMALIFE    18.00 DOWN
   PADMAOIL    204.00 UP
   PARAMOUNT    60.90 DOWN
   PDL    5.60 UP
   PENINSULA    25.40 UP-DOWN
   PEOPLESINS    55.90 DOWN
   PF1STMF    12.10 UP
   PHARMAID    638.90 UP
   PHENIXINS    43.60 DOWN
   PHPMF1    3.60 UP-DOWN
   PIONEERINS    65.70 DOWN
   PLFSL    1.50 UP
   POPULAR1MF    3.60 UP
   POWERGRID    40.70 UP-DOWN
   PRAGATIINS    76.00 DOWN
   PRAGATILIF    170.90 DOWN
   PREMIERBAN    5.50 UP-DOWN
   PREMIERCEM    50.90 DOWN
   PREMIERLEA    2.40 UP
   PRIME1ICBA    6.10 UP
   PRIMEBANK    30.90 UP
   PRIMEFIN    3.20 UP-DOWN
   PRIMEINSUR    46.60 DOWN
   PRIMELIFE    40.80 DOWN
   PRIMETEX    16.50 DOWN
   PROGRESLIF    41.40 UP-DOWN
   PROVATIINS    57.80 DOWN
   PTL    64.00 UP-DOWN
   PUBALIBANK    37.40 UP
   PURABIGEN    31.00 DOWN
   QUASEMIND    45.50 UP-DOWN
   QUEENSOUTH    15.90 UP
   RAHIMAFOOD    92.00 DOWN
   RAHIMTEXT    214.10 DOWN
   RAKCERAMIC    31.90 DOWN
   RANFOUNDRY    165.30 DOWN
   RDFOOD    28.00 UP
   RECKITTBEN    3316.60 DOWN
   REGENTTEX    5.90 UP
   RELIANCE1    12.10 UP
   RELIANCINS    105.60 DOWN
   RENATA    474.50 DOWN
   RENWICKJA    937.70 DOWN
   REPUBLIC    36.70 DOWN
   RINGSHINE    3.80 UP-DOWN
   ROBI    32.70 UP
   RSRMSTEEL    7.70 DOWN
   RUNNERAUTO    41.80 UP-DOWN
   RUPALIBANK    18.10 UP
   RUPALIINS    28.60 DOWN
   RUPALILIFE    90.60 DOWN
   SAFKOSPINN    20.90 UP-DOWN
   SAIFPOWER    9.80 UP-DOWN
   SAIHAMCOT    20.60 UP
   SAIHAMTEX    19.30 UP
   SALAMCRST    14.00 UP-DOWN
   SALVO    38.20 DOWN
   SAMATALETH    103.30 UP
   SAMORITA    94.10 UP
   SANDHANINS    28.20 UP
   SAPORTL    52.80 UP
   SBACBANK    6.60 UP-DOWN
   SEAPEARL    41.40 DOWN
   SEMLFBSLGF    6.90 UP-DOWN
   SEMLIBBLSF    7.90 UP
   SHAHJABANK    17.60 UP-DOWN
   SHARPIND    33.20 DOWN
   SHASHADNIM    27.90 UP
   SHEPHERD    16.90 UP
   SHURWID    6.10 UP
   SHYAMPSUG    343.80 UP
   SICL    38.40 DOWN
   SILCOPHL    22.10 DOWN
   SILVAPHL    17.00 DOWN
   SIMTEX    28.00 UP
   SINGERBD    77.80 UP
   SINOBANGLA    58.40 UP
   SIPLC    104.50 DOWN
   SKTRIMS    14.60 UP
   SONALIANSH    213.00 DOWN
   SONALILIFE    84.50 UP
   SONALIPAPR    248.80 DOWN
   SONARBAINS    40.50 DOWN
   SONARGAON    90.80 UP
   SOUTHEASTB    10.20 UP-DOWN
   SPCERAMICS    23.80 DOWN
   SPCL    57.50 UP
   SQUARETEXT    50.70 DOWN
   SQURPHARMA    221.90 DOWN
   SSSTEEL    7.20 UP-DOWN
   STANCERAM    73.80 DOWN
   STANDARINS    49.80 DOWN
   STANDBANKL    4.90 UP
   STYLECRAFT    61.30 UP-DOWN
   SUMITPOWER    17.20 UP
   SUNLIFEINS    69.00 UP
   TAKAFULINS    48.40 DOWN
   TALLUSPIN    8.10 UP
   TAMIJTEX    135.50 UP
   TB2Y1026    99.70 DOWN
   TB5Y0429    104.64 DOWN
   TECHNODRUG    49.80 UP
   TILIL    52.20 DOWN
   TITASGAS    20.50 UP-DOWN
   TOSRIFA    23.70 UP
   TRUSTB1MF    3.50 UP
   TRUSTBANK    15.90 UP
   TUNGHAI    2.60 DOWN
   UCB    9.60 UP
   UNILEVERCL    2061.00 UP
   UNIONCAP    4.40 UP
   UNIONINS    51.80 DOWN
   UNIQUEHRL    46.40 UP
   UNITEDFIN    16.70 UP-DOWN
   UNITEDINS    49.90 DOWN
   UPGDCL    126.90 DOWN
   USMANIAGL    70.30 DOWN
   UTTARABANK    21.30 UP-DOWN
   UTTARAFIN    13.50 UP-DOWN
   VAMLRBBF    8.20 UP
   VFSTDL    16.40 UP
   WALTONHIL    395.40 DOWN
   WATACHEM    142.00 DOWN
   WMSHIPYARD    9.90 UP-DOWN
   YPL    24.70 UP
   ZAHEENSPIN    5.50 UP
   ZAHINTEX    9.10 DOWN
   ZEALBANGLA    222.00 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).