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   1JANATAMF    3.10 UP-DOWN
   1STPRIMFMF    19.20 UP
   AAMRANET    18.30 UP
   AAMRATECH    15.20 UP
   ABB1STMF    3.30 UP
   ABBANK    4.40 UP
   ACFL    24.00 DOWN
   ACI    191.00 UP
   ACIFORMULA    143.40 DOWN
   ACMELAB    78.80 DOWN
   ACMEPL    24.20 DOWN
   ACTIVEFINE    6.70 UP-DOWN
   ADNTEL    63.30 DOWN
   ADVENT    15.20 UP-DOWN
   AFCAGRO    7.50 UP
   AFTABAUTO    32.50 UP
   AGNISYSL    29.60 DOWN
   AGRANINS    26.80 DOWN
   AIBL1STIMF    4.20 UP
   AIL    34.60 DOWN
   AL-HAJTEX    100.30 UP
   ALARABANK    14.40 DOWN
   ALIF    5.30 UP
   ALLTEX    16.60 UP-DOWN
   AMANFEED    33.50 UP
   AMBEEPHA    785.50 UP
   AMCL(PRAN)    216.50 DOWN
   ANLIMAYARN    31.50 DOWN
   ANWARGALV    119.00 DOWN
   AOL    18.30 UP-DOWN
   APEXFOODS    276.60 DOWN
   APEXFOOT    201.90 DOWN
   APEXSPINN    357.00 UP
   APEXTANRY    106.80 DOWN
   APOLOISPAT    3.30 DOWN
   ARAMIT    178.40 DOWN
   ARAMITCEM    12.90 UP-DOWN
   ARGONDENIM    18.30 DOWN
   ASIAINS    45.40 DOWN
   ASIAPACINS    45.70 DOWN
   ASIATICLAB    130.40 UP
   ATLASBANG    70.60 DOWN
   AZIZPIPES    68.30 DOWN
   BANGAS    134.60 DOWN
   BANKASIA    17.90 DOWN
   BARKAPOWER    8.40 UP-DOWN
   BATASHOE    862.00 UP
   BATBC    215.40 DOWN
   BAYLEASING    4.50 UP-DOWN
   BBS    14.80 UP
   BBSCABLES    24.30 DOWN
   BDAUTOCA    225.00 DOWN
   BDCOM    29.50 UP-DOWN
   BDFINANCE    13.80 UP
   BDLAMPS    182.00 DOWN
   BDTHAI    15.10 UP
   BDTHAIFOOD    27.00 DOWN
   BDWELDING    16.00 DOWN
   BEACHHATCH    33.10 DOWN
   BEACONPHAR    103.80 UP
   BENGALWTL    25.40 DOWN
   BERGERPBL    1414.00 UP
   BESTHLDNG    14.90 DOWN
   BEXGSUKUK    68.50 DOWN
   BEXIMCO    89.20 DOWN
   BGIC    40.90 DOWN
   BIFC    4.50 UP
   BNICL    111.90 DOWN
   BPML    28.00 DOWN
   BPPL    19.10 DOWN
   BRACBANK    66.90 DOWN
   BSC    106.70 DOWN
   BSCPLC    143.90 DOWN
   BSRMLTD    90.00 DOWN
   BSRMSTEEL    76.80 DOWN
   BXPHARMA    125.70 UP
   CAPITECGBF    7.40 UP
   CAPMBDBLMF    10.10 DOWN
   CAPMIBBLMF    9.20 UP
   CENTRALINS    42.30 DOWN
   CENTRALPHL    9.00 UP-DOWN
   CITYBANK    29.30 DOWN
   CITYGENINS    105.40 DOWN
   CLICL    56.40 DOWN
   CNATEX    3.20 UP
   CONFIDCEM    63.50 DOWN
   CONTININS    34.20 DOWN
   COPPERTECH    28.60 DOWN
   CROWNCEMNT    57.10 DOWN
   CRYSTALINS    72.90 DOWN
   CVOPRL    168.90 DOWN
   DACCADYE    18.10 UP
   DAFODILCOM    135.00 UP
   DBH    39.20 DOWN
   DBH1STMF    4.70 UP
   DELTALIFE    77.00 DOWN
   DELTASPINN    7.00 UP
   DESCO    23.50 UP
   DESHBANDHU    20.90 DOWN
   DGIC    27.40 DOWN
   DHAKABANK    11.70 UP
   DHAKAINS    45.00 DOWN
   DOMINAGE    81.10 DOWN
   DOREENPWR    31.80 DOWN
   DSHGARME    156.00 UP
   DSSL    9.80 UP
   DULAMIACOT    168.20 UP
   DUTCHBANGL    39.90 DOWN
   EASTERNINS    61.30 DOWN
   EASTLAND    26.30 DOWN
   EASTRNLUB    1855.00 DOWN
   EBL    24.80 DOWN
   EBL1STMF    3.80 UP-DOWN
   EBLNRBMF    3.20 UP
   ECABLES    125.00 DOWN
   EGEN    25.50 UP-DOWN
   EHL    88.90 DOWN
   EIL    30.20 DOWN
   EMERALDOIL    22.70 DOWN
   ENVOYTEX    50.30 UP-DOWN
   EPGL    18.40 DOWN
   ESQUIRENIT    24.00 DOWN
   ETL    11.50 UP-DOWN
   EXIM1STMF    3.70 UP
   FAMILYTEX    2.80 UP-DOWN
   FARCHEM    19.20 UP
   FAREASTFIN    1.40 DOWN
   FAREASTLIF    22.40 UP-DOWN
   FASFIN    1.50 DOWN
   FBFIF    3.20 UP
   FEDERALINS    28.10 DOWN
   FEKDIL    15.60 UP
   FINEFOODS    562.40 DOWN
   FIRSTFIN    4.30 UP-DOWN
   FORTUNE    15.60 UP
   FUWANGCER    14.10 UP
   FUWANGFOOD    11.00 UP
   GBBPOWER    8.90 UP
   GEMINISEA    121.40 UP
   GENEXIL    34.00 DOWN
   GENNEXT    3.20 UP
   GHAIL    14.00 UP
   GHCL    20.60 DOWN
   GLDNJMF    6.50 UP
   GLOBALINS    37.90 DOWN
   GOLDENSON    16.70 UP
   GP    249.30 UP
   GPHISPAT    17.90 DOWN
   GQBALLPEN    696.00 DOWN
   GRAMEENS2    12.40 UP
   GREENDELMF    3.60 UP-DOWN
   GREENDELT    62.60 DOWN
   GSPFINANCE    3.80 UP
   HAKKANIPUL    79.20 DOWN
   HAMI    168.90 UP
   HEIDELBCEM    236.70 DOWN
   HFL    14.70 DOWN
   HRTEX    21.30 DOWN
   HWAWELLTEX    43.50 DOWN
   IBNSINA    314.80 UP-DOWN
   IBP    15.20 UP
   ICB    42.60 DOWN
   ICB3RDNRB    4.70 UP
   ICBAGRANI1    6.80 UP
   ICBAMCL2ND    6.20 UP
   ICBEPMF1S1    6.70 UP-DOWN
   ICBIBANK    2.70 UP-DOWN
   ICBSONALI1    5.00 UP
   ICICL    30.60 DOWN
   IDLC    41.30 DOWN
   IFADAUTOS    24.60 DOWN
   IFIC    4.50 DOWN
   IFIC1STMF    3.70 UP
   IFILISLMF1    4.30 UP
   ILFSL    1.50 DOWN
   INDEXAGRO    74.20 DOWN
   INTECH    36.10 UP-DOWN
   INTRACO    18.50 UP
   IPDC    21.40 DOWN
   ISLAMIBANK    26.50 DOWN
   ISLAMICFIN    11.10 UP-DOWN
   ISLAMIINS    55.10 DOWN
   ISNLTD    63.80 UP
   ITC    41.60 UP-DOWN
   JAMUNABANK    23.70 DOWN
   JAMUNAOIL    174.70 UP
   JANATAINS    36.10 DOWN
   JHRML    50.20 DOWN
   JMISMDL    127.60 DOWN
   JUTESPINN    215.00 DOWN
   KARNAPHULI    35.20 DOWN
   KAY&QUE    457.00 DOWN
   KBPPWBIL    47.60 DOWN
   KDSALTD    49.70 DOWN
   KEYACOSMET    4.70 UP-DOWN
   KOHINOOR    510.00 UP
   KPCL    11.00 UP-DOWN
   KPPL    16.40 UP-DOWN
   KTL    10.10 UP
   LANKABAFIN    14.70 DOWN
   LEGACYFOOT    71.50 UP
   LHB    53.20 DOWN
   LIBRAINFU    645.00 UP
   LINDEBD    694.80 UP
   LOVELLO    72.90 DOWN
   LRBDL    11.20 UP
   LRGLOBMF1    3.50 UP
   MAGURAPLEX    87.90 DOWN
   MAKSONSPIN    5.70 UP
   MALEKSPIN    29.30 DOWN
   MARICO    2752.00 DOWN
   MATINSPINN    50.20 UP
   MBL1STMF    3.90 UP
   MEGCONMILK    39.80 DOWN
   MEGHNACEM    32.50 UP
   MEGHNAINS    33.20 DOWN
   MEGHNALIFE    60.50 DOWN
   MEGHNAPET    84.00 UP
   MERCANBANK    7.20 UP-DOWN
   MERCINS    39.30 UP
   METROSPIN    9.80 UP
   MHSML    22.10 UP
   MIDASFIN    6.00 UP
   MIDLANDBNK    15.50 UP
   MIRACLEIND    28.40 UP
   MIRAKHTER    43.70 DOWN
   MITHUNKNIT    16.50 UP
   MJLBD    90.40 DOWN
   MLDYEING    9.90 UP-DOWN
   MONNOAGML    362.00 DOWN
   MONNOCERA    99.60 DOWN
   MONNOFABR    23.00 DOWN
   MONOSPOOL    110.60 DOWN
   MPETROLEUM    210.40 DOWN
   MTB    12.70 UP-DOWN
   NAHEEACP    36.70 DOWN
   NATLIFEINS    101.60 DOWN
   NAVANACNG    22.40 UP
   NAVANAPHAR    72.00 UP-DOWN
   NCCBANK    16.70 DOWN
   NCCBLMF1    4.40 UP
   NEWLINE    5.60 UP
   NFML    16.40 UP-DOWN
   NHFIL    26.30 DOWN
   NITOLINS    36.00 DOWN
   NORTHERN    115.10 DOWN
   NORTHRNINS    43.20 DOWN
   NPOLYMER    33.00 UP-DOWN
   NRBBANK    5.80 UP
   NRBCBANK    7.30 DOWN
   NTC    161.30 DOWN
   NTLTUBES    63.10 UP
   NURANI    3.30 UP
   OAL    6.20 UP
   OIMEX    15.20 UP-DOWN
   OLYMPIC    146.90 DOWN
   ORIONINFU    309.80 UP
   ORIONPHARM    27.10 DOWN
   PADMALIFE    19.20 UP-DOWN
   PADMAOIL    181.40 DOWN
   PARAMOUNT    68.70 UP
   PDL    5.60 UP
   PENINSULA    23.90 DOWN
   PEOPLESINS    60.50 UP
   PF1STMF    8.40 DOWN
   PHARMAID    575.00 DOWN
   PHENIXINS    45.00 DOWN
   PHOENIXFIN    3.60 UP-DOWN
   PHPMF1    3.20 UP
   PIONEERINS    67.70 DOWN
   PLFSL    1.40 DOWN
   POPULAR1MF    3.20 UP
   POPULARLIF    61.00 DOWN
   POWERGRID    36.80 DOWN
   PRAGATIINS    74.60 DOWN
   PRAGATILIF    185.60 DOWN
   PREMIERBAN    4.10 UP-DOWN
   PREMIERCEM    47.70 DOWN
   PREMIERLEA    2.50 DOWN
   PRIME1ICBA    4.70 UP-DOWN
   PRIMEBANK    29.60 UP
   PRIMEFIN    3.20 UP-DOWN
   PRIMEINSUR    41.50 DOWN
   PRIMELIFE    42.20 DOWN
   PRIMETEX    18.00 DOWN
   PROGRESLIF    43.50 UP-DOWN
   PTL    62.80 DOWN
   PUBALIBANK    34.40 UP
   PURABIGEN    33.00 DOWN
   QUASEMIND    43.70 DOWN
   QUEENSOUTH    13.80 DOWN
   RAHIMAFOOD    99.00 DOWN
   RAHIMTEXT    198.00 DOWN
   RAKCERAMIC    27.40 UP
   RANFOUNDRY    155.00 DOWN
   RDFOOD    29.60 UP
   RECKITTBEN    3305.00 UP
   REGENTTEX    7.90 UP
   RELIANCE1    10.60 UP
   RELIANCINS    111.70 DOWN
   RENATA    424.00 DOWN
   RENWICKJA    549.90 UP
   REPUBLIC    35.80 DOWN
   RINGSHINE    3.70 UP
   ROBI    30.90 DOWN
   RSRMSTEEL    8.30 UP
   RUNNERAUTO    43.70 DOWN
   RUPALIBANK    16.50 UP-DOWN
   RUPALIINS    27.80 DOWN
   RUPALILIFE    93.40 DOWN
   SAFKOSPINN    20.70 UP
   SAIFPOWER    6.80 UP-DOWN
   SAIHAMCOT    19.40 UP
   SAIHAMTEX    18.00 UP-DOWN
   SALAMCRST    15.20 DOWN
   SALVO    38.00 DOWN
   SAMATALETH    114.40 DOWN
   SAMORITA    70.00 DOWN
   SANDHANINS    25.10 DOWN
   SAPORTL    53.20 UP
   SBACBANK    6.30 UP-DOWN
   SEAPEARL    36.30 DOWN
   SEMLFBSLGF    5.50 UP
   SEMLIBBLSF    6.10 UP-DOWN
   SHAHJABANK    16.90 UP
   SHARPIND    17.10 UP
   SHASHADNIM    23.00 UP
   SHEPHERD    16.30 DOWN
   SHURWID    7.00 UP
   SHYAMPSUG    210.40 DOWN
   SICL    39.10 DOWN
   SILCOPHL    22.00 UP
   SILVAPHL    13.20 UP
   SIMTEX    25.20 UP
   SINGERBD    81.60 UP-DOWN
   SINOBANGLA    55.10 DOWN
   SIPLC    97.60 UP-DOWN
   SJIBLPBOND    5900.00 UP
   SKTRIMS    14.70 DOWN
   SONALIANSH    187.10 DOWN
   SONALILIFE    87.50 UP
   SONALIPAPR    232.60 DOWN
   SONARGAON    80.40 DOWN
   SOUTHEASTB    9.80 UP
   SPCERAMICS    22.90 DOWN
   SPCL    54.80 DOWN
   SQUARETEXT    47.60 UP
   SQURPHARMA    215.70 UP
   SSSTEEL    5.40 UP
   STANCERAM    72.10 UP
   STANDARINS    52.80 DOWN
   STANDBANKL    4.50 UP-DOWN
   STYLECRAFT    54.10 UP-DOWN
   SUMITPOWER    14.40 DOWN
   SUNLIFEINS    80.00 DOWN
   TAKAFULINS    37.40 DOWN
   TALLUSPIN    9.00 UP
   TAMIJTEX    129.00 DOWN
   TB20Y0831    100.59 UP
   TB5Y1130    102.78 UP
   TILIL    51.20 UP
   TITASGAS    17.30 DOWN
   TOSRIFA    20.20 DOWN
   TRUSTB1MF    3.20 UP
   TUNGHAI    3.10 UP
   UCB    8.70 UP-DOWN
   UNILEVERCL    2071.30 UP
   UNIONCAP    4.90 UP
   UNIONINS    42.70 DOWN
   UNIQUEHRL    40.10 DOWN
   UNITEDFIN    13.80 DOWN
   UNITEDINS    44.60 DOWN
   UPGDCL    121.00 UP
   USMANIAGL    40.70 UP-DOWN
   UTTARABANK    21.00 UP-DOWN
   UTTARAFIN    13.20 DOWN
   VAMLRBBF    6.10 UP-DOWN
   VFSTDL    15.60 UP
   WALTONHIL    373.80 UP
   WATACHEM    137.00 DOWN
   WMSHIPYARD    8.70 UP-DOWN
   YPL    24.50 UP
   ZAHEENSPIN    5.70 UP-DOWN
   ZAHINTEX    8.60 UP-DOWN
   ZEALBANGLA    140.00 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 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).