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   1JANATAMF    3.30 UP-DOWN
   1STPRIMFMF    31.20 DOWN
   AAMRANET    17.70 UP
   AAMRATECH    16.00 UP-DOWN
   ABB1STMF    3.40 UP
   ABBANK    4.30 UP-DOWN
   ACFL    22.50 UP-DOWN
   ACI    176.80 UP-DOWN
   ACIFORMULA    137.00 DOWN
   ACMELAB    77.30 UP
   ACMEPL    22.20 DOWN
   ACTIVEFINE    4.40 UP-DOWN
   ADNTEL    54.40 UP
   ADVENT    12.80 UP
   AFCAGRO    4.80 UP-DOWN
   AFTABAUTO    24.70 DOWN
   AGNISYSL    25.10 DOWN
   AGRANINS    29.00 UP
   AIBL1STIMF    5.30 UP-DOWN
   AIL    28.00 UP
   AL-HAJTEX    67.60 DOWN
   ALARABANK    15.30 DOWN
   ALIF    4.20 DOWN
   ALLTEX    27.10 UP
   AMANFEED    26.40 DOWN
   AMCL(PRAN)    213.90 UP
   ANLIMAYARN    28.50 UP
   ANWARGALV    119.80 DOWN
   AOL    16.20 UP-DOWN
   APEXFOOT    163.00 DOWN
   APEXTANRY    72.60 DOWN
   APOLOISPAT    2.40 UP-DOWN
   ARAMIT    173.90 UP
   ARAMITCEM    11.10 DOWN
   ARGONDENIM    18.80 DOWN
   ASIAINS    37.90 UP
   ASIAPACINS    44.50 UP
   ASIATICLAB    109.00 DOWN
   ATLASBANG    77.00 DOWN
   AZIZPIPES    96.40 UP
   BANGAS    108.30 UP
   BANKASIA    16.90 UP-DOWN
   BARKAPOWER    9.80 UP-DOWN
   BATASHOE    888.10 DOWN
   BATBC    217.50 UP
   BAYLEASING    4.20 UP
   BBS    9.00 DOWN
   BBSCABLES    14.20 UP-DOWN
   BDAUTOCA    160.50 DOWN
   BDCOM    25.10 DOWN
   BDFINANCE    11.00 DOWN
   BDLAMPS    217.50 DOWN
   BDTHAI    11.10 DOWN
   BDTHAIFOOD    15.60 DOWN
   BDWELDING    10.10 DOWN
   BEACHHATCH    22.60 DOWN
   BEACONPHAR    93.00 DOWN
   BENGALWTL    20.00 UP
   BERGERPBL    1437.00 UP
   BESTHLDNG    13.40 DOWN
   BEXGSUKUK    77.00 UP-DOWN
   BEXIMCO    20.00 DOWN
   BGIC    37.40 DOWN
   BIFC    3.50 UP
   BNIPLC    165.00 DOWN
   BPML    25.90 DOWN
   BPPL    20.30 UP
   BRACBANK    67.30 DOWN
   BSC    102.00 UP
   BSCPLC    142.10 DOWN
   BSRMLTD    95.60 DOWN
   BSRMSTEEL    91.00 UP
   BXPHARMA    144.60 UP-DOWN
   CAPITECGBF    7.60 DOWN
   CAPMIBBLMF    16.40 DOWN
   CENTRALINS    41.30 DOWN
   CENTRALPHL    8.30 UP
   CITYBANK    29.60 DOWN
   CITYGENINS    131.60 UP
   CLICL    44.00 DOWN
   CNATEX    2.50 UP-DOWN
   CONFIDCEM    56.80 DOWN
   CONTININS    30.60 UP
   COPPERTECH    22.40 UP
   CROWNCEMNT    57.50 UP
   CRYSTALINS    61.50 DOWN
   CVOPRL    144.70 UP
   DACCADYE    14.80 DOWN
   DAFODILCOM    155.80 DOWN
   DBH    39.20 UP
   DBH1STMF    5.10 UP-DOWN
   DELTALIFE    67.80 UP-DOWN
   DELTASPINN    7.40 UP-DOWN
   DESCO    22.30 UP-DOWN
   DESHBANDHU    13.30 DOWN
   DGIC    39.10 UP
   DHAKABANK    11.10 UP-DOWN
   DOMINAGE    61.20 UP
   DOREENPWR    30.80 UP
   DSHGARME    117.90 DOWN
   DSSL    8.20 DOWN
   DULAMIACOT    194.90 UP
   DUTCHBANGL    46.50 DOWN
   EASTERNINS    54.60 DOWN
   EASTRNLUB    2030.20 UP
   EBL    23.80 DOWN
   EBL1STMF    4.10 UP-DOWN
   EBLNRBMF    3.20 UP-DOWN
   ECABLES    116.90 UP
   EGEN    19.20 DOWN
   EIL    30.50 DOWN
   EMERALDOIL    25.80 UP-DOWN
   ENVOYTEX    66.80 DOWN
   EPGL    15.00 UP
   ESQUIRENIT    21.80 UP
   ETL    13.20 DOWN
   EXIM1STMF    5.30 DOWN
   FAMILYTEX    2.00 UP-DOWN
   FARCHEM    15.70 UP
   FAREASTLIF    16.00 UP
   FBFIF    3.20 UP
   FEDERALINS    26.30 UP-DOWN
   FEKDIL    18.20 UP
   FINEFOODS    435.00 DOWN
   FIRSTFIN    4.20 DOWN
   FORTUNE    12.80 UP-DOWN
   FUWANGCER    10.50 UP-DOWN
   FUWANGFOOD    8.10 UP-DOWN
   GBBPOWER    11.00 UP-DOWN
   GEMINISEA    102.50 UP-DOWN
   GENEXIL    27.60 DOWN
   GENNEXT    2.40 UP-DOWN
   GHAIL    10.70 UP-DOWN
   GHCL    18.90 UP-DOWN
   GLDNJMF    8.20 UP-DOWN
   GLOBALINS    37.50 UP-DOWN
   GOLDENSON    9.90 UP-DOWN
   GP    237.50 DOWN
   GPHISPAT    15.50 UP
   GQBALLPEN    590.00 DOWN
   GRAMEENS2    11.50 DOWN
   GREENDELMF    4.70 UP-DOWN
   GREENDELT    63.00 DOWN
   GSPFINANCE    3.50 UP
   HAKKANIPUL    63.20 DOWN
   HAMI    144.00 UP
   HEIDELBCEM    200.00 DOWN
   HFL    10.00 UP
   HRTEX    15.20 DOWN
   HWAWELLTEX    44.40 UP
   IBNSINA    290.00 DOWN
   IBP    11.40 DOWN
   ICB    35.30 DOWN
   ICB3RDNRB    5.50 DOWN
   ICBAGRANI1    7.70 UP-DOWN
   ICBAMCL2ND    9.40 UP-DOWN
   ICBEPMF1S1    5.80 DOWN
   ICBIBANK    2.60 UP
   ICBSONALI1    7.40 DOWN
   ICICL    35.20 DOWN
   IDLC    41.00 UP-DOWN
   IFADAUTOS    21.00 DOWN
   IFIC    4.90 DOWN
   IFIC1STMF    3.60 UP-DOWN
   IFILISLMF1    5.50 UP-DOWN
   INDEXAGRO    64.20 DOWN
   INTECH    19.00 DOWN
   INTRACO    23.50 UP
   IPDC    29.40 UP
   ISLAMIBANK    23.20 DOWN
   ISLAMICFIN    10.80 UP
   ISLAMIINS    67.80 DOWN
   ISNLTD    42.20 DOWN
   ITC    38.80 UP
   JAMUNABANK    23.40 UP-DOWN
   JAMUNAOIL    177.10 DOWN
   JANATAINS    30.50 DOWN
   JHRML    39.70 DOWN
   JMISMDL    122.90 DOWN
   JUTESPINN    203.50 UP
   KARNAPHULI    48.90 DOWN
   KAY&QUE    370.80 DOWN
   KBPPWBIL    31.50 UP
   KDSALTD    39.90 DOWN
   KEYACOSMET    4.90 UP-DOWN
   KOHINOOR    521.20 UP
   KPCL    10.40 DOWN
   KPPL    12.30 DOWN
   KTL    12.70 DOWN
   LANKABAFIN    12.90 UP-DOWN
   LEGACYFOOT    61.10 DOWN
   LHB    49.20 DOWN
   LIBRAINFU    602.20 UP
   LINDEBD    635.00 UP
   LOVELLO    45.30 DOWN
   LRBDL    11.30 UP
   LRGLOBMF1    4.10 UP-DOWN
   MAGURAPLEX    75.00 DOWN
   MAKSONSPIN    4.70 UP
   MALEKSPIN    45.10 UP
   MARICO    2649.90 UP
   MATINSPINN    81.90 UP
   MBL1STMF    8.30 DOWN
   MEGCONMILK    29.50 UP
   MEGHNAINS    30.10 UP-DOWN
   MEGHNALIFE    47.30 DOWN
   MEGHNAPET    66.50 DOWN
   MERCANBANK    6.40 UP
   MERCINS    40.60 DOWN
   METROSPIN    8.60 UP
   MHSML    16.30 DOWN
   MIDASFIN    4.60 UP-DOWN
   MIDLANDBNK    17.00 DOWN
   MIRACLEIND    27.70 DOWN
   MIRAKHTER    25.00 DOWN
   MITHUNKNIT    13.10 UP
   MJLBD    89.40 UP
   MLDYEING    9.00 UP-DOWN
   MONNOAGML    274.20 DOWN
   MONNOCERA    70.60 DOWN
   MONNOFABR    15.60 DOWN
   MONOSPOOL    100.60 UP
   MPETROLEUM    208.00 DOWN
   MTB    12.90 UP-DOWN
   NAHEEACP    36.60 UP-DOWN
   NATLIFEINS    92.90 UP-DOWN
   NAVANACNG    18.50 UP
   NAVANAPHAR    59.60 DOWN
   NBL    3.60 UP-DOWN
   NCCBANK    14.80 DOWN
   NCCBLMF1    5.60 DOWN
   NEWLINE    4.60 UP
   NFML    12.20 DOWN
   NHFIL    24.40 UP-DOWN
   NITOLINS    54.50 DOWN
   NORTHERN    100.00 UP
   NORTHRNINS    31.50 DOWN
   NPOLYMER    26.10 DOWN
   NRBBANK    6.80 UP-DOWN
   NRBCBANK    9.10 UP-DOWN
   NTC    143.00 UP
   NTLTUBES    56.00 DOWN
   NURANI    2.70 UP-DOWN
   OAL    5.40 UP
   OIMEX    12.80 UP
   OLYMPIC    135.00 UP
   ONEBANKPLC    6.80 DOWN
   ORIONINFU    233.60 UP
   ORIONPHARM    29.10 UP-DOWN
   PADMALIFE    14.50 DOWN
   PADMAOIL    194.90 DOWN
   PARAMOUNT    62.30 DOWN
   PDL    4.90 UP-DOWN
   PENINSULA    16.80 UP
   PEOPLESINS    56.00 UP
   PF1STMF    10.40 DOWN
   PHENIXINS    42.20 UP
   PHOENIXFIN    3.60 UP-DOWN
   PHPMF1    3.40 UP
   PIONEERINS    63.00 DOWN
   PLFSL    1.60 UP-DOWN
   POPULAR1MF    3.30 UP-DOWN
   POPULARLIF    52.30 UP
   POWERGRID    38.20 DOWN
   PRAGATIINS    69.90 UP
   PRAGATILIF    133.10 UP
   PREMIERCEM    39.40 UP-DOWN
   PREMIERLEA    2.00 UP
   PRIME1ICBA    6.70 DOWN
   PRIMEBANK    29.70 DOWN
   PRIMEFIN    2.80 UP-DOWN
   PRIMEINSUR    43.20 DOWN
   PRIMELIFE    35.00 UP
   PROGRESLIF    36.10 DOWN
   PROVATIINS    55.10 UP
   PTL    75.20 UP
   PUBALIBANK    40.60 UP
   PURABIGEN    27.70 UP
   QUASEMIND    37.00 DOWN
   QUEENSOUTH    11.00 DOWN
   RAHIMAFOOD    67.00 UP
   RAHIMTEXT    176.10 UP
   RAKCERAMIC    24.30 UP-DOWN
   RANFOUNDRY    143.90 DOWN
   RDFOOD    20.80 UP
   RECKITTBEN    3212.50 DOWN
   REGENTTEX    4.70 DOWN
   RELIANCE1    11.10 DOWN
   RELIANCINS    90.40 UP
   RENATA    442.90 DOWN
   RENWICKJA    870.00 UP
   REPUBLIC    34.20 UP-DOWN
   RINGSHINE    3.40 UP
   ROBI    29.80 UP-DOWN
   RSRMSTEEL    6.80 DOWN
   RUNNERAUTO    43.90 UP
   RUPALIBANK    16.00 DOWN
   RUPALIINS    26.70 UP-DOWN
   RUPALILIFE    75.90 UP
   SAFKOSPINN    21.80 UP
   SAIFPOWER    6.40 UP-DOWN
   SAIHAMCOT    20.50 UP-DOWN
   SAIHAMTEX    46.30 DOWN
   SALAMCRST    11.60 DOWN
   SALVO    26.90 DOWN
   SAMATALETH    88.20 DOWN
   SAMORITA    85.00 DOWN
   SANDHANINS    22.00 UP-DOWN
   SAPORTL    59.80 UP
   SBACBANK    6.80 UP
   SEAPEARL    33.10 DOWN
   SEMLFBSLGF    6.50 UP-DOWN
   SHAHJABANK    17.30 DOWN
   SHARPIND    10.60 DOWN
   SHASHADNIM    26.50 DOWN
   SHEPHERD    9.90 DOWN
   SHYAMPSUG    287.00 DOWN
   SICL    30.30 DOWN
   SILCOPHL    14.10 DOWN
   SILVAPHL    9.20 UP
   SIMTEX    23.80 DOWN
   SINGERBD    71.30 DOWN
   SINOBANGLA    45.80 UP
   SIPLC    134.00 UP
   SKTRIMS    13.20 UP
   SONALIANSH    219.00 DOWN
   SONALILIFE    102.50 DOWN
   SONALIPAPR    212.90 UP
   SONARBAINS    39.30 DOWN
   SONARGAON    115.10 DOWN
   SOUTHEASTB    11.50 UP-DOWN
   SPCERAMICS    21.30 UP-DOWN
   SPCL    54.70 UP
   SQUARETEXT    49.90 DOWN
   SQURPHARMA    219.60 UP
   SSSTEEL    5.10 DOWN
   STANDARINS    48.10 DOWN
   STANDBANKL    4.10 UP
   SUMITPOWER    15.50 DOWN
   SUNLIFEINS    48.60 UP
   TAKAFULINS    43.80 DOWN
   TALLUSPIN    5.60 UP-DOWN
   TAMIJTEX    107.00 UP
   TECHNODRUG    31.30 DOWN
   TILIL    42.00 DOWN
   TITASGAS    16.60 UP-DOWN
   TOSRIFA    16.50 DOWN
   TRUSTB1MF    3.30 UP-DOWN
   TRUSTBANK    13.10 DOWN
   TUNGHAI    5.30 UP
   UCB    8.60 UP
   UNILEVERCL    1971.10 DOWN
   UNIONCAP    4.10 UP-DOWN
   UNIONINS    43.10 UP
   UNIQUEHRL    38.50 DOWN
   UNITEDFIN    15.40 UP
   UNITEDINS    54.80 DOWN
   UPGDCL    113.40 UP
   USMANIAGL    51.90 UP
   UTTARABANK    21.20 DOWN
   UTTARAFIN    10.80 UP-DOWN
   VFSTDL    10.50 UP-DOWN
   WALTONHIL    327.70 DOWN
   WMSHIPYARD    7.90 UP
   YPL    18.90 UP-DOWN
   ZAHEENSPIN    4.60 UP
   ZAHINTEX    7.80 UP
   ZEALBANGLA    173.00 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).