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   1JANATAMF    4.00 UP-DOWN
   1STPRIMFMF    24.80 DOWN
   AAMRANET    20.70 DOWN
   AAMRATECH    21.80 DOWN
   ABB1STMF    4.00 UP-DOWN
   ABBANK    4.90 DOWN
   ACFL    24.00 UP
   ACI    199.70 DOWN
   ACIFORMULA    174.60 DOWN
   ACMELAB    83.40 DOWN
   ACMEPL    24.50 DOWN
   ACTIVEFINE    6.90 UP
   ADNTEL    67.60 UP
   ADVENT    16.30 UP-DOWN
   AFCAGRO    7.20 UP-DOWN
   AFTABAUTO    30.30 DOWN
   AGNISYSL    32.20 UP-DOWN
   AGRANINS    31.80 DOWN
   AIBL1STIMF    6.50 UP-DOWN
   AIL    38.60 UP
   ALARABANK    16.30 UP
   ALIF    5.70 UP
   ALLTEX    24.00 UP
   AMANFEED    37.80 DOWN
   AMBEEPHA    797.00 UP
   AMCL(PRAN)    233.40 UP
   ANLIMAYARN    35.00 UP
   ANWARGALV    114.30 DOWN
   AOL    19.10 UP
   APEXFOODS    300.50 UP
   APEXFOOT    217.20 UP-DOWN
   APEXSPINN    348.00 DOWN
   APEXTANRY    107.10 UP
   APOLOISPAT    3.40 UP-DOWN
   ARAMIT    203.20 DOWN
   ARAMITCEM    13.30 UP-DOWN
   ARGONDENIM    24.10 UP
   ASIAINS    45.00 UP
   ASIAPACINS    53.90 UP
   ASIATICLAB    117.50 UP
   ATLASBANG    92.40 DOWN
   AZIZPIPES    81.60 DOWN
   BANGAS    139.40 UP
   BANKASIA    18.10 UP
   BARKAPOWER    10.50 UP-DOWN
   BATASHOE    914.00 UP
   BATBC    249.50 UP
   BAYLEASING    5.30 UP-DOWN
   BBS    15.30 DOWN
   BBSCABLES    22.60 UP-DOWN
   BDAUTOCA    225.60 UP
   BDCOM    33.20 UP
   BDFINANCE    13.90 DOWN
   BDLAMPS    220.00 UP
   BDTHAI    18.40 UP-DOWN
   BDTHAIFOOD    24.60 DOWN
   BDWELDING    13.80 UP
   BEACHHATCH    32.60 UP
   BEACONPHAR    108.60 UP
   BENGALWTL    24.90 UP
   BERGERPBL    1492.10 UP
   BESTHLDNG    15.40 UP-DOWN
   BEXGSUKUK    69.00 DOWN
   BEXIMCO    26.70 DOWN
   BGIC    44.00 DOWN
   BIFC    4.70 UP
   BNICL    118.50 UP
   BPML    28.60 DOWN
   BPPL    21.70 DOWN
   BRACBANK    64.70 UP
   BSC    120.60 DOWN
   BSCPLC    157.90 UP
   BSRMLTD    100.00 DOWN
   BSRMSTEEL    95.60 DOWN
   BXPHARMA    146.50 UP
   CAPITECGBF    10.50 DOWN
   CAPMBDBLMF    10.60 DOWN
   CAPMIBBLMF    13.80 UP
   CENTRALINS    47.40 DOWN
   CENTRALPHL    11.50 UP
   CITYBANK    31.60 UP
   CITYGENINS    124.80 UP
   CLICL    51.10 DOWN
   CNATEX    3.50 UP
   CONFIDCEM    67.20 DOWN
   CONTININS    36.10 DOWN
   COPPERTECH    28.10 DOWN
   CROWNCEMNT    66.60 DOWN
   CRYSTALINS    70.40 UP-DOWN
   CVOPRL    180.70 UP
   DACCADYE    16.80 DOWN
   DAFODILCOM    164.10 UP
   DBH    44.00 UP-DOWN
   DBH1STMF    5.80 UP-DOWN
   DELTALIFE    81.00 DOWN
   DELTASPINN    7.80 UP
   DESCO    25.60 DOWN
   DESHBANDHU    22.00 DOWN
   DGIC    34.30 DOWN
   DHAKABANK    12.40 DOWN
   DHAKAINS    49.60 DOWN
   DOMINAGE    79.90 DOWN
   DOREENPWR    34.50 DOWN
   DSHGARME    167.10 UP
   DSSL    13.50 UP-DOWN
   DULAMIACOT    209.90 UP-DOWN
   DUTCHBANGL    49.70 UP
   EASTERNINS    65.10 UP
   EASTLAND    30.50 DOWN
   EASTRNLUB    2074.60 DOWN
   EBL    24.30 UP
   EBL1STMF    5.00 UP-DOWN
   EBLNRBMF    3.80 DOWN
   ECABLES    141.00 UP
   EGEN    27.10 UP
   EHL    95.20 UP
   EIL    34.80 UP
   EMERALDOIL    29.30 DOWN
   ENVOYTEX    56.40 DOWN
   EPGL    21.00 DOWN
   ESQUIRENIT    26.20 UP
   ETL    14.20 UP
   EXIM1STMF    6.90 DOWN
   FAMILYTEX    2.80 DOWN
   FARCHEM    23.50 DOWN
   FAREASTLIF    22.10 UP-DOWN
   FBFIF    3.80 DOWN
   FEDERALINS    29.90 UP
   FEKDIL    24.10 DOWN
   FINEFOODS    451.80 DOWN
   FIRSTFIN    4.80 DOWN
   FORTUNE    18.90 DOWN
   FUWANGCER    16.90 DOWN
   FUWANGFOOD    12.20 DOWN
   GBBPOWER    13.60 DOWN
   GEMINISEA    120.20 DOWN
   GENEXIL    40.70 UP
   GENNEXT    3.30 UP-DOWN
   GHAIL    15.70 DOWN
   GHCL    24.30 UP
   GLDNJMF    9.70 UP-DOWN
   GLOBALINS    44.90 UP
   GOLDENSON    16.40 DOWN
   GPHISPAT    18.90 UP
   GQBALLPEN    558.90 DOWN
   GRAMEENS2    13.60 DOWN
   GREENDELMF    5.20 UP-DOWN
   GREENDELT    71.50 UP
   GSPFINANCE    4.20 UP-DOWN
   HAKKANIPUL    83.00 DOWN
   HAMI    163.40 UP
   HEIDELBCEM    223.50 UP
   HFL    16.10 UP-DOWN
   HRTEX    20.90 UP-DOWN
   HWAWELLTEX    50.00 UP
   IBBLPBOND    667.00 DOWN
   IBNSINA    322.60 DOWN
   IBP    19.40 DOWN
   ICB    46.20 UP
   ICB3RDNRB    6.50 UP-DOWN
   ICBAGRANI1    9.40 DOWN
   ICBAMCL2ND    8.60 DOWN
   ICBEPMF1S1    6.80 DOWN
   ICBIBANK    2.70 UP-DOWN
   ICBSONALI1    6.90 DOWN
   ICICL    38.30 UP
   IDLC    46.30 DOWN
   IFADAUTOS    26.00 UP
   IFIC    5.00 UP
   IFIC1STMF    4.50 DOWN
   IFILISLMF1    5.90 DOWN
   INDEXAGRO    76.20 UP
   INTECH    26.50 DOWN
   INTRACO    22.90 DOWN
   IPDC    32.10 DOWN
   ISLAMIBANK    29.90 UP
   ISLAMICFIN    12.00 DOWN
   ISLAMIINS    64.60 UP
   ISNLTD    64.70 UP
   ITC    48.90 UP
   JAMUNABANK    24.60 UP
   JAMUNAOIL    183.00 DOWN
   JANATAINS    35.80 UP
   JHRML    55.60 UP
   JMISMDL    148.20 UP
   JUTESPINN    221.60 UP
   KARNAPHULI    56.40 UP
   KAY&QUE    428.80 DOWN
   KBPPWBIL    40.60 UP
   KDSALTD    51.00 UP
   KEYACOSMET    5.60 UP-DOWN
   KOHINOOR    546.60 DOWN
   KPCL    11.50 DOWN
   KPPL    15.20 DOWN
   KTL    11.60 DOWN
   LANKABAFIN    17.90 DOWN
   LEGACYFOOT    76.30 DOWN
   LHB    57.70 DOWN
   LIBRAINFU    632.30 DOWN
   LINDEBD    723.90 UP
   LOVELLO    69.90 UP
   LRBDL    15.90 UP-DOWN
   LRGLOBMF1    4.80 DOWN
   MAGURAPLEX    93.00 UP
   MAKSONSPIN    6.50 UP
   MALEKSPIN    48.20 UP
   MARICO    2728.60 UP
   MATINSPINN    62.40 UP
   MBL1STMF    8.40 DOWN
   MEGCONMILK    33.80 UP
   MEGHNACEM    32.00 UP
   MEGHNAINS    40.40 DOWN
   MEGHNALIFE    61.00 DOWN
   MEGHNAPET    81.70 UP
   MERCANBANK    7.20 DOWN
   MERCINS    45.80 UP-DOWN
   METROSPIN    10.50 UP
   MHSML    22.80 UP
   MIDASFIN    5.80 DOWN
   MIDLANDBNK    18.70 DOWN
   MIRACLEIND    31.10 DOWN
   MIRAKHTER    41.10 DOWN
   MITHUNKNIT    14.00 UP
   MJLBD    92.80 UP
   MLDYEING    17.70 DOWN
   MONNOAGML    350.00 UP
   MONNOCERA    95.50 UP
   MONNOFABR    24.00 DOWN
   MONOSPOOL    119.40 UP
   MPETROLEUM    214.30 UP-DOWN
   MTB    13.60 UP
   NAHEEACP    37.30 UP
   NATLIFEINS    103.70 DOWN
   NAVANACNG    22.50 DOWN
   NAVANAPHAR    69.90 UP-DOWN
   NBL    3.80 UP-DOWN
   NCCBANK    15.70 UP-DOWN
   NCCBLMF1    7.00 DOWN
   NEWLINE    7.00 UP-DOWN
   NFML    20.10 DOWN
   NHFIL    30.10 UP-DOWN
   NITOLINS    48.20 UP
   NORTHERN    118.10 UP
   NORTHRNINS    42.30 DOWN
   NPOLYMER    36.10 DOWN
   NRBBANK    7.00 UP-DOWN
   NRBCBANK    10.00 UP
   NTC    167.60 DOWN
   NTLTUBES    69.30 DOWN
   NURANI    3.50 UP
   OAL    7.00 UP
   OIMEX    16.30 UP-DOWN
   OLYMPIC    152.90 DOWN
   ONEBANKPLC    8.10 UP-DOWN
   ORIONINFU    266.70 DOWN
   ORIONPHARM    28.70 DOWN
   PADMALIFE    18.10 DOWN
   PADMAOIL    199.80 DOWN
   PARAMOUNT    65.00 UP
   PDL    5.80 UP-DOWN
   PENINSULA    24.60 DOWN
   PEOPLESINS    66.60 UP
   PF1STMF    14.10 UP-DOWN
   PHARMAID    610.00 DOWN
   PHENIXINS    50.80 UP
   PHOENIXFIN    4.00 DOWN
   PHPMF1    4.00 UP-DOWN
   PIONEERINS    71.00 UP
   PLFSL    1.90 UP-DOWN
   POPULAR1MF    4.10 UP
   POPULARLIF    59.80 DOWN
   POWERGRID    40.50 UP
   PRAGATIINS    81.90 UP
   PRAGATILIF    166.60 DOWN
   PREMIERBAN    5.70 DOWN
   PREMIERCEM    49.30 UP
   PREMIERLEA    2.40 DOWN
   PRIME1ICBA    7.00 UP-DOWN
   PRIMEBANK    30.30 UP
   PRIMEFIN    3.30 UP
   PRIMEINSUR    65.10 UP
   PRIMELIFE    41.80 DOWN
   PRIMETEX    17.20 UP
   PROGRESLIF    40.50 DOWN
   PROVATIINS    59.70 UP
   PTL    65.60 UP
   PUBALIBANK    39.20 UP
   PURABIGEN    32.50 UP
   QUASEMIND    45.10 UP
   QUEENSOUTH    18.80 UP
   RAHIMAFOOD    83.50 UP
   RAHIMTEXT    215.90 UP
   RAKCERAMIC    31.40 UP
   RANFOUNDRY    164.90 UP
   RDFOOD    27.40 UP
   RECKITTBEN    3315.00 UP
   REGENTTEX    7.10 UP
   RELIANCE1    12.00 UP-DOWN
   RELIANCINS    115.00 DOWN
   RENATA    470.50 DOWN
   RENWICKJA    896.80 UP
   REPUBLIC    42.00 UP
   RINGSHINE    4.80 UP-DOWN
   ROBI    32.10 UP-DOWN
   RSRMSTEEL    8.00 UP-DOWN
   RUNNERAUTO    46.80 DOWN
   RUPALIBANK    17.60 UP-DOWN
   RUPALIINS    31.80 DOWN
   RUPALILIFE    90.20 DOWN
   SAFKOSPINN    20.90 UP
   SAIFPOWER    10.50 DOWN
   SAIHAMCOT    22.90 UP
   SAIHAMTEX    28.50 UP
   SALAMCRST    12.70 DOWN
   SALVO    37.50 UP
   SAMATALETH    106.50 DOWN
   SAMORITA    103.40 UP
   SANDHANINS    28.60 DOWN
   SAPORTL    60.60 UP
   SBACBANK    7.30 UP-DOWN
   SEAPEARL    39.90 UP
   SEMLFBSLGF    7.50 DOWN
   SEMLIBBLSF    8.00 UP-DOWN
   SHAHJABANK    17.60 UP-DOWN
   SHARPIND    42.90 UP-DOWN
   SHASHADNIM    29.50 UP
   SHEPHERD    17.50 UP
   SHURWID    6.40 UP
   SHYAMPSUG    289.40 UP
   SICL    38.00 UP
   SILCOPHL    20.70 UP-DOWN
   SILVAPHL    16.30 DOWN
   SIMTEX    27.80 UP
   SINGERBD    77.90 DOWN
   SINOBANGLA    57.30 UP
   SIPLC    144.90 UP
   SKTRIMS    14.70 UP-DOWN
   SONALIANSH    230.20 UP
   SONALILIFE    86.40 DOWN
   SONALIPAPR    251.40 UP
   SONARBAINS    41.60 DOWN
   SONARGAON    117.00 DOWN
   SOUTHEASTB    11.40 DOWN
   SPCERAMICS    23.10 UP-DOWN
   SPCL    57.20 DOWN
   SQUARETEXT    52.00 DOWN
   SQURPHARMA    220.50 UP
   SSSTEEL    7.20 UP-DOWN
   STANCERAM    73.50 UP
   STANDARINS    53.40 UP
   STANDBANKL    5.00 DOWN
   STYLECRAFT    60.40 UP
   SUMITPOWER    16.60 DOWN
   SUNLIFEINS    64.00 DOWN
   TAKAFULINS    55.10 UP-DOWN
   TALLUSPIN    8.20 UP
   TAMIJTEX    134.00 UP
   TECHNODRUG    45.90 UP-DOWN
   TILIL    51.50 DOWN
   TITASGAS    20.10 DOWN
   TOSRIFA    23.40 UP
   TRUSTB1MF    4.10 UP-DOWN
   TRUSTBANK    15.60 UP
   TUNGHAI    5.00 UP
   UCB    9.60 UP
   UNILEVERCL    2042.00 DOWN
   UNIONCAP    4.80 UP-DOWN
   UNIONINS    53.00 UP
   UNIQUEHRL    44.50 UP
   UNITEDFIN    19.10 DOWN
   UNITEDINS    66.30 DOWN
   UPGDCL    122.50 UP
   USMANIAGL    67.90 UP
   UTTARABANK    21.30 UP-DOWN
   UTTARAFIN    13.50 UP
   VAMLRBBF    8.20 UP-DOWN
   VFSTDL    16.60 UP
   WALTONHIL    396.20 UP
   WATACHEM    145.30 DOWN
   WMSHIPYARD    10.10 DOWN
   YPL    24.00 UP
   ZAHEENSPIN    5.70 UP
   ZAHINTEX    9.00 UP
   ZEALBANGLA    210.50 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).