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   1JANATAMF    3.80 UP
   1STPRIMFMF    36.40 UP
   AAMRANET    19.20 UP
   AAMRATECH    16.60 UP
   ABB1STMF    3.80 UP
   ABBANK    4.50 UP-DOWN
   ACFL    22.60 UP
   ACI    186.00 DOWN
   ACIFORMULA    155.00 DOWN
   ACMELAB    79.20 DOWN
   ACMEPL    25.40 DOWN
   ACTIVEFINE    5.60 DOWN
   ADNTEL    58.10 DOWN
   ADVENT    14.10 UP-DOWN
   AFCAGRO    6.10 DOWN
   AFTABAUTO    27.30 DOWN
   AGNISYSL    28.70 DOWN
   AGRANINS    29.60 UP
   AIBL1STIMF    6.30 UP
   AIL    31.80 DOWN
   AL-HAJTEX    78.00 DOWN
   ALARABANK    15.80 UP
   ALIF    5.30 UP-DOWN
   ALLTEX    23.60 UP
   AMANFEED    31.30 DOWN
   AMBEEPHA    756.50 UP-DOWN
   AMCL(PRAN)    217.60 UP
   ANLIMAYARN    26.80 UP
   ANWARGALV    121.60 UP
   AOL    16.40 UP
   APEXFOODS    265.00 DOWN
   APEXFOOT    208.00 DOWN
   APEXSPINN    347.00 UP
   APEXTANRY    93.50 DOWN
   APOLOISPAT    2.90 UP
   ARAMIT    178.10 DOWN
   ARAMITCEM    11.40 UP
   ARGONDENIM    21.20 DOWN
   ASIAINS    42.10 UP
   ASIAPACINS    48.60 UP
   ASIATICLAB    109.80 UP
   ATLASBANG    81.60 DOWN
   AZIZPIPES    79.60 UP
   BANGAS    119.00 DOWN
   BANKASIA    16.80 DOWN
   BARKAPOWER    10.20 UP-DOWN
   BATASHOE    890.00 UP
   BATBC    226.30 DOWN
   BAYLEASING    4.40 UP
   BBS    12.10 DOWN
   BBSCABLES    17.30 DOWN
   BDAUTOCA    182.00 DOWN
   BDCOM    28.50 DOWN
   BDFINANCE    11.80 UP
   BDLAMPS    222.90 UP
   BDTHAI    15.10 DOWN
   BDTHAIFOOD    20.70 DOWN
   BDWELDING    12.30 UP-DOWN
   BEACHHATCH    28.00 DOWN
   BEACONPHAR    103.20 UP
   BENGALWTL    22.00 DOWN
   BERGERPBL    1470.00 UP
   BESTHLDNG    14.70 UP-DOWN
   BEXIMCO    21.50 DOWN
   BGIC    42.30 UP
   BIFC    3.60 UP-DOWN
   BNICL    169.40 UP
   BPML    27.90 DOWN
   BPPL    19.10 DOWN
   BRACBANK    64.40 UP
   BSC    109.20 DOWN
   BSCPLC    147.50 DOWN
   BSRMLTD    96.00 DOWN
   BSRMSTEEL    85.30 DOWN
   BXPHARMA    147.50 DOWN
   CAPITECGBF    9.20 UP-DOWN
   CAPMIBBLMF    14.80 UP
   CENTRALINS    44.10 UP
   CENTRALPHL    9.40 UP-DOWN
   CITYBANK    29.90 UP
   CITYGENINS    129.40 UP-DOWN
   CLICL    44.70 DOWN
   CNATEX    3.30 UP-DOWN
   CONFIDCEM    61.30 DOWN
   CONTININS    33.30 UP-DOWN
   COPPERTECH    22.50 UP
   CROWNCEMNT    60.50 UP-DOWN
   CRYSTALINS    72.40 UP
   CVOPRL    161.90 UP
   DACCADYE    15.80 UP
   DAFODILCOM    161.70 DOWN
   DBH    40.40 UP
   DBH1STMF    6.00 UP
   DELTALIFE    72.00 DOWN
   DELTASPINN    7.20 UP
   DESCO    22.90 UP
   DESHBANDHU    17.10 DOWN
   DGIC    38.50 DOWN
   DHAKABANK    11.30 DOWN
   DHAKAINS    46.10 UP
   DOMINAGE    64.30 DOWN
   DOREENPWR    30.60 DOWN
   DSHGARME    153.90 UP
   DSSL    11.10 DOWN
   DULAMIACOT    202.80 UP
   DUTCHBANGL    45.80 DOWN
   EASTERNINS    61.00 UP
   EASTLAND    28.20 UP
   EASTRNLUB    1980.00 UP
   EBL    22.90 UP-DOWN
   EBL1STMF    4.80 UP
   EBLNRBMF    3.70 UP
   ECABLES    123.10 UP
   EGEN    22.80 DOWN
   EHL    84.60 DOWN
   EIL    32.10 UP
   EMERALDOIL    29.50 UP
   ENVOYTEX    74.30 UP
   EPGL    17.00 DOWN
   ESQUIRENIT    23.50 UP
   ETL    14.60 DOWN
   EXIM1STMF    6.80 DOWN
   FAMILYTEX    2.40 UP
   FARCHEM    16.20 DOWN
   FAREASTLIF    19.00 UP
   FBFIF    3.60 UP
   FEDERALINS    28.10 UP
   FEKDIL    21.50 DOWN
   FINEFOODS    457.50 DOWN
   FIRSTFIN    4.50 UP
   FORTUNE    15.80 UP-DOWN
   FUWANGCER    12.90 DOWN
   FUWANGFOOD    9.60 UP-DOWN
   GBBPOWER    13.30 UP-DOWN
   GEMINISEA    110.00 UP
   GENEXIL    35.10 DOWN
   GENNEXT    3.00 UP
   GHAIL    12.80 DOWN
   GHCL    20.20 DOWN
   GLDNJMF    9.70 UP
   GLOBALINS    44.80 UP
   GOLDENSON    12.50 DOWN
   GP    243.60 UP
   GPHISPAT    16.80 DOWN
   GQBALLPEN    620.00 DOWN
   GRAMEENS2    13.20 UP
   GREENDELMF    5.20 UP
   GREENDELT    65.40 UP
   GSPFINANCE    3.70 UP
   HAKKANIPUL    71.40 DOWN
   HAMI    146.20 DOWN
   HEIDELBCEM    213.40 UP
   HFL    12.00 DOWN
   HRTEX    17.40 UP
   HWAWELLTEX    46.00 UP
   IBNSINA    319.90 UP
   IBP    15.30 DOWN
   ICB    40.00 UP
   ICB3RDNRB    6.70 UP
   ICBAGRANI1    8.70 UP
   ICBAMCL2ND    11.00 UP
   ICBEPMF1S1    7.00 UP
   ICBIBANK    2.60 UP
   ICBSONALI1    8.20 UP
   ICICL    38.30 UP
   IDLC    43.50 UP
   IFADAUTOS    23.10 DOWN
   IFIC    4.90 UP-DOWN
   IFIC1STMF    4.20 UP-DOWN
   IFILISLMF1    6.50 UP
   INDEXAGRO    73.00 DOWN
   INTECH    24.70 UP-DOWN
   INTRACO    21.70 UP-DOWN
   IPDC    35.50 UP
   ISLAMIBANK    27.10 UP
   ISLAMICFIN    10.80 UP
   ISLAMIINS    64.60 DOWN
   ISNLTD    55.70 UP
   ITC    44.80 DOWN
   JAMUNABANK    23.00 UP-DOWN
   JAMUNAOIL    178.90 UP
   JANATAINS    33.00 UP-DOWN
   JHRML    43.50 DOWN
   JMISMDL    132.60 UP
   JUTESPINN    212.00 UP
   KARNAPHULI    54.80 DOWN
   KAY&QUE    388.80 UP-DOWN
   KBPPWBIL    38.00 UP
   KDSALTD    45.00 DOWN
   KEYACOSMET    5.40 DOWN
   KOHINOOR    527.90 UP
   KPCL    10.80 UP
   KPPL    13.40 UP-DOWN
   KTL    12.80 DOWN
   LANKABAFIN    14.80 UP
   LEGACYFOOT    68.60 DOWN
   LHB    53.50 DOWN
   LIBRAINFU    579.80 UP
   LINDEBD    671.60 DOWN
   LOVELLO    52.30 DOWN
   LRBDL    13.30 UP-DOWN
   LRGLOBMF1    4.60 UP
   MAGURAPLEX    85.00 DOWN
   MAKSONSPIN    5.90 UP-DOWN
   MALEKSPIN    48.50 UP
   MARICO    2668.70 UP
   MATINSPINN    65.00 UP-DOWN
   MBL1STMF    10.50 DOWN
   MEGCONMILK    32.00 DOWN
   MEGHNACEM    29.40 UP-DOWN
   MEGHNAINS    35.90 DOWN
   MEGHNALIFE    52.70 DOWN
   MEGHNAPET    75.10 DOWN
   MERCANBANK    6.50 UP
   MERCINS    52.10 UP
   METROSPIN    9.80 DOWN
   MHSML    20.20 UP-DOWN
   MIDASFIN    4.60 UP
   MIDLANDBNK    17.00 UP-DOWN
   MIRACLEIND    26.60 DOWN
   MIRAKHTER    34.90 DOWN
   MITHUNKNIT    13.80 UP
   MJLBD    90.80 UP
   MLDYEING    11.60 DOWN
   MONNOAGML    308.10 DOWN
   MONNOCERA    84.70 DOWN
   MONNOFABR    19.60 DOWN
   MONOSPOOL    108.00 DOWN
   MPETROLEUM    205.10 UP
   MTB    13.70 UP
   NAHEEACP    33.70 DOWN
   NATLIFEINS    93.10 DOWN
   NAVANACNG    20.40 UP
   NAVANAPHAR    63.80 DOWN
   NBL    3.40 UP
   NCCBANK    14.40 UP-DOWN
   NCCBLMF1    6.90 UP
   NEWLINE    5.60 UP
   NFML    15.90 DOWN
   NHFIL    26.90 DOWN
   NITOLINS    58.00 DOWN
   NORTHERN    99.90 UP
   NORTHRNINS    37.50 UP
   NPOLYMER    32.00 UP-DOWN
   NRBBANK    6.60 UP
   NRBCBANK    9.10 UP
   NTC    155.00 UP
   NTLTUBES    61.90 DOWN
   NURANI    3.10 UP
   OAL    6.20 UP-DOWN
   OIMEX    14.40 DOWN
   OLYMPIC    144.00 UP
   ONEBANKPLC    7.70 UP-DOWN
   ORIONINFU    269.90 UP
   ORIONPHARM    31.20 UP
   PADMALIFE    16.50 UP
   PADMAOIL    195.60 UP
   PARAMOUNT    64.50 DOWN
   PDL    5.60 UP-DOWN
   PENINSULA    20.50 DOWN
   PEOPLESINS    62.00 UP
   PF1STMF    17.90 DOWN
   PHARMAID    555.60 DOWN
   PHENIXINS    48.40 UP
   PHOENIXFIN    3.50 UP
   PHPMF1    3.80 UP
   PIONEERINS    68.30 UP
   PLFSL    1.80 UP
   POPULAR1MF    3.80 UP
   POPULARLIF    56.50 UP-DOWN
   POWERGRID    38.00 UP-DOWN
   PRAGATIINS    74.70 DOWN
   PRAGATILIF    146.50 DOWN
   PREMIERBAN    5.70 UP
   PREMIERCEM    42.00 DOWN
   PREMIERLEA    2.00 UP-DOWN
   PRIME1ICBA    7.80 UP
   PRIMEBANK    28.20 UP-DOWN
   PRIMEFIN    2.80 UP-DOWN
   PRIMEINSUR    52.30 UP
   PRIMELIFE    37.40 DOWN
   PRIMETEX    15.20 UP
   PROGRESLIF    36.50 UP-DOWN
   PROVATIINS    54.90 DOWN
   PTL    76.60 UP
   PURABIGEN    28.70 UP
   QUASEMIND    39.90 DOWN
   QUEENSOUTH    14.30 DOWN
   RAHIMAFOOD    74.90 UP
   RAHIMTEXT    184.00 UP
   RAKCERAMIC    27.20 DOWN
   RANFOUNDRY    152.90 UP
   RDFOOD    23.50 DOWN
   RECKITTBEN    3266.00 UP
   REGENTTEX    6.00 DOWN
   RELIANCE1    13.70 UP
   RELIANCINS    109.30 UP
   RENATA    448.50 DOWN
   REPUBLIC    39.30 UP-DOWN
   RINGSHINE    3.80 UP-DOWN
   ROBI    30.20 UP
   RSRMSTEEL    6.90 UP-DOWN
   RUNNERAUTO    46.60 UP-DOWN
   RUPALIINS    29.00 UP
   RUPALILIFE    79.00 DOWN
   SAFKOSPINN    20.40 UP
   SAIFPOWER    7.90 DOWN
   SAIHAMCOT    22.40 DOWN
   SAIHAMTEX    35.50 UP
   SALAMCRST    13.00 UP
   SALVO    30.70 DOWN
   SAMATALETH    86.90 DOWN
   SAMORITA    92.70 UP
   SANDHANINS    24.70 DOWN
   SAPORTL    61.40 DOWN
   SBACBANK    6.70 DOWN
   SEAPEARL    36.70 DOWN
   SEMLFBSLGF    7.30 UP
   SEMLIBBLSF    8.20 UP
   SHAHJABANK    17.40 DOWN
   SHARPIND    18.50 DOWN
   SHASHADNIM    27.00 DOWN
   SHEPHERD    13.20 DOWN
   SHURWID    5.80 UP-DOWN
   SHYAMPSUG    307.00 UP
   SICL    36.50 UP
   SILCOPHL    17.40 DOWN
   SILVAPHL    13.00 DOWN
   SIMTEX    23.80 DOWN
   SINGERBD    80.10 DOWN
   SINOBANGLA    50.00 UP-DOWN
   SIPLC    153.00 UP
   SKTRIMS    12.50 UP-DOWN
   SONALIANSH    224.00 UP
   SONALILIFE    85.60 UP
   SONALIPAPR    227.00 UP
   SONARBAINS    36.70 DOWN
   SONARGAON    104.10 UP
   SOUTHEASTB    11.70 UP-DOWN
   SPCERAMICS    24.00 UP
   SPCL    50.20 DOWN
   SQUARETEXT    48.70 DOWN
   SQURPHARMA    217.50 DOWN
   SSSTEEL    6.00 UP-DOWN
   STANCERAM    66.50 UP
   STANDARINS    52.80 UP
   STANDBANKL    4.50 UP-DOWN
   STYLECRAFT    53.00 DOWN
   SUMITPOWER    15.50 DOWN
   SUNLIFEINS    52.20 UP
   TAKAFULINS    54.50 UP
   TALLUSPIN    7.20 UP-DOWN
   TAMIJTEX    114.90 DOWN
   TECHNODRUG    40.50 DOWN
   TILIL    45.10 DOWN
   TITASGAS    18.20 UP
   TOSRIFA    19.70 DOWN
   TRUSTB1MF    3.80 UP
   TRUSTBANK    13.70 UP
   TUNGHAI    4.20 UP-DOWN
   UCB    8.80 UP-DOWN
   UNILEVERCL    1997.00 UP
   UNIONCAP    4.30 UP-DOWN
   UNIONINS    47.80 UP
   UNIQUEHRL    42.60 DOWN
   UNITEDFIN    17.30 UP
   UNITEDINS    62.80 UP
   UPGDCL    114.10 DOWN
   USMANIAGL    54.60 UP
   UTTARABANK    20.60 UP-DOWN
   UTTARAFIN    12.40 UP
   VAMLRBBF    8.70 UP
   VFSTDL    13.70 UP-DOWN
   WALTONHIL    342.90 DOWN
   WATACHEM    129.60 DOWN
   WMSHIPYARD    8.90 UP
   YPL    21.30 DOWN
   ZAHEENSPIN    5.30 UP-DOWN
   ZAHINTEX    7.90 UP
   ZEALBANGLA    180.70 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).