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   1JANATAMF    2.90 DOWN
   1STPRIMFMF    18.40 DOWN
   AAMRANET    16.40 UP
   AAMRATECH    13.00 UP-DOWN
   ABB1STMF    3.10 DOWN
   ACFL    19.70 UP
   ACI    185.70 DOWN
   ACIFORMULA    138.80 DOWN
   ACMELAB    75.10 DOWN
   ACMEPL    23.30 DOWN
   ACTIVEFINE    6.80 DOWN
   ADNTEL    58.80 UP
   ADVENT    14.00 UP
   AFCAGRO    6.90 UP-DOWN
   AFTABAUTO    28.30 DOWN
   AGNISYSL    25.90 DOWN
   AGRANINS    24.30 UP
   AIBL1STIMF    4.00 DOWN
   AIL    31.20 UP
   AL-HAJTEX    95.20 DOWN
   ALARABANK    13.30 DOWN
   ALIF    5.10 DOWN
   ALLTEX    16.40 DOWN
   AMANFEED    32.40 UP
   AMBEEPHA    779.20 DOWN
   AMCL(PRAN)    213.00 DOWN
   ANLIMAYARN    21.90 UP
   ANWARGALV    97.50 DOWN
   AOL    16.10 DOWN
   APEXFOODS    279.80 UP
   APEXFOOT    197.40 UP
   APEXSPINN    371.00 DOWN
   APEXTANRY    112.50 DOWN
   APOLOISPAT    3.30 DOWN
   ARAMIT    168.40 UP-DOWN
   ARAMITCEM    11.10 UP
   ARGONDENIM    17.70 DOWN
   ASIAINS    37.60 DOWN
   ASIAPACINS    41.80 DOWN
   ASIATICLAB    110.10 DOWN
   ATLASBANG    68.00 DOWN
   AZIZPIPES    57.30 UP
   BANGAS    129.50 DOWN
   BARKAPOWER    7.90 UP-DOWN
   BATBC    212.70 UP
   BAYLEASING    4.10 UP-DOWN
   BBS    12.40 DOWN
   BBSCABLES    22.00 UP
   BDAUTOCA    215.90 DOWN
   BDCOM    27.80 DOWN
   BDFINANCE    11.10 DOWN
   BDLAMPS    184.50 DOWN
   BDTHAI    12.30 DOWN
   BDTHAIFOOD    21.10 DOWN
   BDWELDING    15.80 UP
   BEACHHATCH    28.80 UP-DOWN
   BEACONPHAR    101.30 UP
   BENGALWTL    25.90 DOWN
   BERGERPBL    1367.90 UP
   BESTHLDNG    13.20 DOWN
   BEXGSUKUK    67.00 UP-DOWN
   BEXIMCO    110.10 UP-DOWN
   BGIC    36.50 DOWN
   BIFC    4.10 UP
   BNICL    79.60 DOWN
   BPML    26.10 DOWN
   BPPL    16.20 DOWN
   BRACBANK    64.00 DOWN
   BSC    101.50 UP
   BSCPLC    138.40 UP-DOWN
   BSRMLTD    85.50 UP
   BSRMSTEEL    69.70 DOWN
   BXPHARMA    119.10 DOWN
   CAPITECGBF    6.90 DOWN
   CAPMBDBLMF    12.80 UP
   CAPMIBBLMF    9.00 DOWN
   CENTRALPHL    8.80 UP-DOWN
   CITYBANK    26.20 DOWN
   CITYGENINS    104.50 UP-DOWN
   CLICL    51.60 DOWN
   CNATEX    3.20 DOWN
   CONFIDCEM    57.30 DOWN
   CONTININS    35.40 UP
   COPPERTECH    24.30 DOWN
   CROWNCEMNT    48.70 DOWN
   CRYSTALINS    65.30 DOWN
   CVOPRL    159.80 DOWN
   DACCADYE    15.10 UP
   DAFODILCOM    144.20 UP
   DBH    37.30 DOWN
   DBH1STMF    4.60 DOWN
   DELTALIFE    74.30 DOWN
   DELTASPINN    6.70 UP
   DESCO    21.20 DOWN
   DESHBANDHU    17.60 DOWN
   DGIC    25.20 UP
   DHAKAINS    39.30 DOWN
   DOMINAGE    75.40 DOWN
   DOREENPWR    28.90 DOWN
   DSHGARME    118.10 DOWN
   DSSL    9.30 DOWN
   DULAMIACOT    133.60 DOWN
   EASTERNINS    53.80 DOWN
   EASTLAND    25.90 DOWN
   EASTRNLUB    1871.40 UP
   EBL    23.30 UP-DOWN
   EBL1STMF    3.80 UP-DOWN
   EBLNRBMF    3.10 UP-DOWN
   ECABLES    116.50 DOWN
   EGEN    22.90 DOWN
   EHL    83.10 DOWN
   EIL    27.40 DOWN
   EMERALDOIL    16.70 DOWN
   ENVOYTEX    47.90 DOWN
   EPGL    17.80 DOWN
   ESQUIRENIT    22.70 DOWN
   ETL    11.10 DOWN
   EXIM1STMF    3.50 DOWN
   FAMILYTEX    2.70 DOWN
   FARCHEM    19.50 DOWN
   FAREASTFIN    1.60 DOWN
   FAREASTLIF    20.60 DOWN
   FASFIN    1.60 DOWN
   FBFIF    3.00 DOWN
   FEDERALINS    24.80 DOWN
   FEKDIL    14.10 DOWN
   FINEFOODS    568.30 UP
   FIRSTFIN    3.90 UP-DOWN
   FORTUNE    13.30 DOWN
   FUWANGCER    13.20 UP
   FUWANGFOOD    10.50 UP
   GBBPOWER    8.00 UP
   GEMINISEA    112.40 UP
   GENEXIL    26.40 DOWN
   GENNEXT    3.00 DOWN
   GHAIL    13.20 UP-DOWN
   GHCL    20.70 DOWN
   GLDNJMF    6.20 UP-DOWN
   GLOBALINS    31.60 DOWN
   GOLDENSON    14.70 DOWN
   GP    238.10 UP-DOWN
   GPHISPAT    15.40 DOWN
   GQBALLPEN    669.40 UP
   GRAMEENS2    12.10 UP-DOWN
   GREENDELMF    3.50 DOWN
   GREENDELT    57.10 DOWN
   GSPFINANCE    3.40 UP
   HAKKANIPUL    76.90 DOWN
   HAMI    186.10 DOWN
   HFL    14.30 DOWN
   HRTEX    18.90 DOWN
   HWAWELLTEX    41.90 UP
   IBBLPBOND    725.00 UP
   IBNSINA    308.50 UP
   IBP    13.70 DOWN
   ICB    43.50 DOWN
   ICB3RDNRB    4.40 DOWN
   ICBAGRANI1    6.70 UP
   ICBAMCL2ND    6.00 UP-DOWN
   ICBEPMF1S1    5.90 UP-DOWN
   ICBIBANK    2.70 UP
   ICBSONALI1    4.60 DOWN
   ICICL    28.70 UP
   IDLC    36.10 DOWN
   IFADAUTOS    23.00 DOWN
   IFIC1STMF    3.50 DOWN
   IFILISLMF1    4.10 UP
   ILFSL    1.60 DOWN
   INDEXAGRO    70.40 DOWN
   INTECH    33.90 DOWN
   IPDC    18.60 DOWN
   ISLAMICFIN    10.50 UP
   ISLAMIINS    45.80 UP
   ISNLTD    55.70 DOWN
   ITC    38.30 DOWN
   JAMUNABANK    24.90 UP-DOWN
   JAMUNAOIL    167.00 UP-DOWN
   JANATAINS    33.80 DOWN
   JHRML    47.20 UP-DOWN
   JMISMDL    123.10 DOWN
   JUTESPINN    219.90 DOWN
   KARNAPHULI    33.30 DOWN
   KAY&QUE    454.40 DOWN
   KBPPWBIL    47.40 DOWN
   KDSALTD    47.10 UP
   KEYACOSMET    4.50 DOWN
   KOHINOOR    497.80 UP
   KPCL    10.60 DOWN
   KPPL    14.70 DOWN
   KTL    9.30 DOWN
   LANKABAFIN    13.30 UP-DOWN
   LEGACYFOOT    67.00 DOWN
   LHB    48.50 DOWN
   LIBRAINFU    604.70 DOWN
   LINDEBD    650.50 DOWN
   LOVELLO    77.50 UP
   LRBDL    9.90 UP
   LRGLOBMF1    3.30 DOWN
   MAGURAPLEX    81.10 DOWN
   MAKSONSPIN    5.60 DOWN
   MALEKSPIN    27.90 DOWN
   MARICO    2739.80 DOWN
   MATINSPINN    46.60 DOWN
   MBL1STMF    3.70 UP-DOWN
   MEGCONMILK    42.50 UP
   MEGHNACEM    29.00 UP-DOWN
   MEGHNAINS    32.70 UP
   MEGHNALIFE    54.50 UP-DOWN
   MEGHNAPET    58.80 UP
   MERCINS    27.90 UP
   METROSPIN    9.00 DOWN
   MHSML    23.80 DOWN
   MIDASFIN    5.30 DOWN
   MIDLANDBNK    14.80 DOWN
   MIRACLEIND    27.80 DOWN
   MIRAKHTER    38.10 DOWN
   MITHUNKNIT    15.00 DOWN
   MJLBD    88.50 DOWN
   MLDYEING    9.50 DOWN
   MONNOAGML    342.60 DOWN
   MONNOCERA    95.70 DOWN
   MONNOFABR    23.20 DOWN
   MONOSPOOL    100.50 DOWN
   MPETROLEUM    199.50 DOWN
   NAHEEACP    25.90 UP
   NATLIFEINS    96.90 DOWN
   NAVANACNG    20.30 UP-DOWN
   NAVANAPHAR    62.20 UP
   NBL    3.80 DOWN
   NCCBANK    16.10 DOWN
   NCCBLMF1    4.30 UP-DOWN
   NEWLINE    5.10 UP-DOWN
   NFML    16.20 DOWN
   NHFIL    23.50 DOWN
   NITOLINS    31.00 UP
   NORTHERN    108.40 DOWN
   NORTHRNINS    34.30 DOWN
   NPOLYMER    31.90 UP
   NRBBANK    5.70 DOWN
   NTC    155.90 UP-DOWN
   NTLTUBES    59.60 DOWN
   NURANI    2.80 UP-DOWN
   OAL    5.80 UP-DOWN
   OIMEX    13.40 DOWN
   OLYMPIC    142.10 DOWN
   ONEBANKPLC    7.20 UP
   ORIONINFU    309.70 DOWN
   ORIONPHARM    25.30 DOWN
   PADMALIFE    17.30 UP
   PADMAOIL    173.80 UP-DOWN
   PARAMOUNT    50.00 UP-DOWN
   PDL    5.20 UP-DOWN
   PENINSULA    21.90 DOWN
   PF1STMF    7.20 UP-DOWN
   PHARMAID    577.00 DOWN
   PHENIXINS    38.60 UP-DOWN
   PHOENIXFIN    3.20 UP-DOWN
   PHPMF1    3.00 DOWN
   PIONEERINS    57.50 DOWN
   PLFSL    1.60 DOWN
   POPULAR1MF    3.00 DOWN
   POPULARLIF    54.30 UP
   POWERGRID    32.00 DOWN
   PRAGATIINS    69.00 DOWN
   PRAGATILIF    182.80 DOWN
   PREMIERBAN    3.90 DOWN
   PREMIERCEM    39.30 DOWN
   PREMIERLEA    2.30 UP
   PRIME1ICBA    4.40 DOWN
   PRIMEBANK    28.90 UP
   PRIMEFIN    3.00 UP
   PRIMEINSUR    37.30 UP
   PRIMELIFE    39.50 DOWN
   PRIMETEX    17.90 DOWN
   PROGRESLIF    38.90 DOWN
   PROVATIINS    35.90 DOWN
   PTL    57.10 UP
   PURABIGEN    28.80 DOWN
   QUASEMIND    41.90 UP
   QUEENSOUTH    12.50 DOWN
   RAHIMAFOOD    101.10 DOWN
   RAHIMTEXT    191.80 DOWN
   RAKCERAMIC    24.30 UP
   RANFOUNDRY    149.70 DOWN
   RDFOOD    27.40 UP
   RECKITTBEN    3369.70 UP
   REGENTTEX    4.40 DOWN
   RELIANCE1    10.00 DOWN
   RELIANCINS    81.90 DOWN
   RENATA    407.50 DOWN
   RENWICKJA    513.90 DOWN
   REPUBLIC    33.70 UP
   RINGSHINE    3.60 UP-DOWN
   ROBI    28.60 DOWN
   RSRMSTEEL    7.50 UP-DOWN
   RUNNERAUTO    38.40 DOWN
   RUPALIINS    28.10 DOWN
   RUPALILIFE    84.90 DOWN
   SAFKOSPINN    21.30 UP
   SAIFPOWER    6.00 UP-DOWN
   SAIHAMCOT    18.80 DOWN
   SAIHAMTEX    17.00 DOWN
   SALAMCRST    15.20 DOWN
   SALVO    37.00 DOWN
   SAMATALETH    105.70 DOWN
   SAMORITA    68.20 DOWN
   SANDHANINS    23.00 DOWN
   SAPORTL    43.00 DOWN
   SEAPEARL    34.10 DOWN
   SEMLFBSLGF    5.30 UP-DOWN
   SEMLIBBLSF    6.00 DOWN
   SHAHJABANK    16.00 DOWN
   SHARPIND    16.40 DOWN
   SHASHADNIM    21.20 DOWN
   SHEPHERD    15.00 DOWN
   SHURWID    5.90 DOWN
   SHYAMPSUG    141.50 UP
   SICL    37.00 DOWN
   SILCOPHL    16.20 DOWN
   SILVAPHL    12.00 DOWN
   SIMTEX    23.90 DOWN
   SINGERBD    78.80 DOWN
   SINOBANGLA    52.50 DOWN
   SIPLC    71.70 DOWN
   SKTRIMS    11.10 DOWN
   SONALIANSH    185.50 UP
   SONALILIFE    72.50 DOWN
   SONALIPAPR    221.60 DOWN
   SONARBAINS    46.40 UP
   SONARGAON    41.50 UP
   SOUTHEASTB    9.90 DOWN
   SPCERAMICS    22.30 DOWN
   SPCL    53.90 UP
   SQUARETEXT    45.50 DOWN
   SQURPHARMA    207.90 DOWN
   SSSTEEL    4.80 UP
   STANCERAM    69.80 UP
   STANDARINS    46.60 UP
   STANDBANKL    4.30 UP-DOWN
   STYLECRAFT    50.60 DOWN
   SUMITPOWER    13.70 UP-DOWN
   SUNLIFEINS    64.20 DOWN
   TAKAFULINS    33.60 DOWN
   TALLUSPIN    8.10 UP-DOWN
   TAMIJTEX    116.80 DOWN
   TB15Y0339    110.00 UP
   TB2Y0527    103.00 UP
   TB5Y1128    101.04 UP
   TB5Y1130    99.96 UP
   TECHNODRUG    41.20 UP
   TILIL    44.90 DOWN
   TITASGAS    16.10 DOWN
   TOSRIFA    17.90 DOWN
   TRUSTB1MF    3.10 UP-DOWN
   TRUSTBANK    15.20 DOWN
   TUNGHAI    3.00 UP-DOWN
   UNILEVERCL    2031.60 DOWN
   UNIONCAP    4.40 UP
   UNIONINS    40.30 UP
   UNIQUEHRL    37.90 UP
   UPGDCL    115.80 DOWN
   USMANIAGL    37.90 DOWN
   UTTARAFIN    12.40 DOWN
   VAMLRBBF    5.80 DOWN
   VFSTDL    15.00 DOWN
   WALTONHIL    360.20 DOWN
   WATACHEM    134.20 UP
   WMSHIPYARD    8.50 DOWN
   YPL    23.20 UP
   ZAHEENSPIN    5.70 UP
   ZAHINTEX    7.80 DOWN
   ZEALBANGLA    121.90 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 currently working as Research Analyst. He has over three years of work experience in Egypt, covering MENA. Before joining BRAC EPL, he worked as an Equity Analyst in 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).