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   1JANATAMF    3.40 UP-DOWN
   1STPRIMFMF    21.80 UP
   AAMRANET    17.40 DOWN
   AAMRATECH    17.50 UP
   ABB1STMF    3.50 UP-DOWN
   ABBANK    4.40 DOWN
   ACFL    22.50 UP
   ACI    189.00 UP
   ACIFORMULA    151.90 UP
   ACMELAB    77.80 DOWN
   ACMEPL    24.70 UP
   ACTIVEFINE    5.90 UP
   ADNTEL    59.90 UP
   ADVENT    14.10 UP
   AFCAGRO    6.70 UP
   AFTABAUTO    27.30 UP
   AGNISYSL    31.20 UP
   AGRANINS    29.20 UP
   AIBL1STIMF    5.70 DOWN
   AIL    33.40 UP
   AL-HAJTEX    77.10 DOWN
   ALARABANK    16.50 UP
   ALIF    5.40 UP-DOWN
   ALLTEX    23.80 UP
   AMANFEED    32.90 UP
   AMBEEPHA    763.40 UP
   AMCL(PRAN)    215.40 DOWN
   ANLIMAYARN    28.70 UP
   ANWARGALV    107.00 UP
   AOL    15.80 DOWN
   APEXFOODS    259.80 DOWN
   APEXFOOT    206.30 UP
   APEXSPINN    277.40 DOWN
   APEXTANRY    97.60 DOWN
   APOLOISPAT    3.00 UP
   ARAMIT    195.50 DOWN
   ARAMITCEM    11.80 UP
   ARGONDENIM    22.80 UP
   ASIAINS    41.80 UP
   ASIAPACINS    48.90 UP
   ASIATICLAB    105.30 DOWN
   ATLASBANG    81.10 DOWN
   AZIZPIPES    79.20 UP
   BANGAS    124.00 DOWN
   BANKASIA    16.90 UP-DOWN
   BARKAPOWER    10.20 UP
   BATASHOE    899.00 UP
   BATBC    233.20 UP
   BAYLEASING    4.80 UP
   BBS    12.60 DOWN
   BBSCABLES    17.90 UP-DOWN
   BDAUTOCA    185.50 UP
   BDCOM    30.30 UP
   BDFINANCE    12.60 UP
   BDLAMPS    228.30 DOWN
   BDTHAI    16.40 DOWN
   BDTHAIFOOD    25.10 UP
   BDWELDING    12.50 DOWN
   BEACHHATCH    28.60 UP
   BEACONPHAR    104.80 UP
   BENGALWTL    22.20 UP
   BERGERPBL    1493.50 UP
   BESTHLDNG    14.50 UP
   BEXGSUKUK    70.00 UP-DOWN
   BEXIMCO    21.50 DOWN
   BGIC    42.00 UP
   BIFC    4.10 UP
   BNICL    113.30 UP
   BPML    25.70 DOWN
   BPPL    20.00 UP
   BRACBANK    62.30 DOWN
   BSC    112.70 UP
   BSCPLC    148.70 UP
   BSRMLTD    97.20 UP
   BSRMSTEEL    88.80 DOWN
   BXPHARMA    150.00 DOWN
   CAPITECGBF    8.20 DOWN
   CENTRALINS    43.00 UP-DOWN
   CENTRALPHL    10.30 UP
   CITYBANK    30.00 DOWN
   CITYGENINS    128.30 UP
   CLICL    44.00 DOWN
   CNATEX    3.00 UP-DOWN
   CONFIDCEM    61.70 DOWN
   CONTININS    35.10 UP
   COPPERTECH    23.60 UP-DOWN
   CROWNCEMNT    60.60 DOWN
   CRYSTALINS    61.20 UP
   CVOPRL    158.50 DOWN
   DACCADYE    16.20 UP
   DAFODILCOM    163.70 DOWN
   DBH    41.00 UP
   DBH1STMF    5.30 UP-DOWN
   DELTALIFE    75.50 UP
   DELTASPINN    7.20 UP-DOWN
   DESCO    22.60 DOWN
   DESHBANDHU    18.40 DOWN
   DGIC    30.40 DOWN
   DHAKABANK    11.90 UP
   DHAKAINS    44.40 UP-DOWN
   DOMINAGE    61.60 UP
   DOREENPWR    31.10 UP
   DSHGARME    161.80 DOWN
   DSSL    11.60 UP
   DULAMIACOT    176.90 DOWN
   DUTCHBANGL    44.10 DOWN
   EASTERNINS    58.10 DOWN
   EASTLAND    29.10 UP
   EASTRNLUB    2036.80 DOWN
   EBL    23.70 DOWN
   EBL1STMF    4.10 UP-DOWN
   EBLNRBMF    3.40 UP-DOWN
   ECABLES    131.00 UP-DOWN
   EGEN    24.10 UP
   EHL    87.80 DOWN
   EIL    31.60 UP
   EMERALDOIL    28.80 UP
   ENVOYTEX    66.70 UP
   EPGL    17.80 UP
   ESQUIRENIT    25.10 UP
   ETL    13.60 UP
   EXIM1STMF    6.90 UP
   FAMILYTEX    2.40 UP-DOWN
   FARCHEM    15.70 UP
   FAREASTLIF    19.00 DOWN
   FBFIF    3.50 UP
   FEDERALINS    28.30 UP
   FEKDIL    22.80 UP
   FINEFOODS    446.50 UP
   FIRSTFIN    4.60 UP-DOWN
   FORTUNE    16.80 UP
   FUWANGCER    14.10 UP
   FUWANGFOOD    9.80 UP-DOWN
   GBBPOWER    13.80 UP
   GEMINISEA    110.40 DOWN
   GENEXIL    35.50 UP
   GENNEXT    3.00 UP-DOWN
   GHAIL    13.40 UP
   GHCL    20.80 UP
   GLDNJMF    8.00 DOWN
   GLOBALINS    45.50 UP
   GOLDENSON    13.60 UP-DOWN
   GP    242.10 DOWN
   GPHISPAT    17.10 UP
   GQBALLPEN    554.60 UP
   GRAMEENS2    11.90 UP-DOWN
   GREENDELMF    4.40 DOWN
   GREENDELT    67.40 UP
   GSPFINANCE    3.70 UP-DOWN
   HAKKANIPUL    70.40 UP
   HAMI    144.20 DOWN
   HEIDELBCEM    210.80 UP
   HFL    13.30 DOWN
   HRTEX    17.70 UP
   HWAWELLTEX    46.70 UP
   IBBLPBOND    610.00 DOWN
   IBNSINA    313.80 DOWN
   IBP    16.30 UP-DOWN
   ICB    41.30 UP
   ICBIBANK    2.60 UP-DOWN
   ICICL    36.80 UP
   IDLC    43.30 UP
   IFADAUTOS    24.50 UP
   IFIC    4.70 UP-DOWN
   IFIC1STMF    4.00 UP-DOWN
   INDEXAGRO    68.20 DOWN
   INTECH    23.80 DOWN
   INTRACO    22.70 UP
   IPDC    31.20 UP-DOWN
   ISLAMIBANK    27.40 DOWN
   ISLAMICFIN    11.20 UP-DOWN
   ISLAMIINS    59.40 UP-DOWN
   ISNLTD    48.70 UP
   ITC    45.80 UP
   JAMUNABANK    23.70 DOWN
   JAMUNAOIL    174.30 DOWN
   JANATAINS    32.60 UP
   JHRML    46.50 DOWN
   JMISMDL    133.00 UP-DOWN
   JUTESPINN    211.80 UP
   KARNAPHULI    56.90 DOWN
   KAY&QUE    362.10 DOWN
   KBPPWBIL    30.90 DOWN
   KDSALTD    45.50 UP
   KEYACOSMET    5.00 DOWN
   KOHINOOR    533.00 UP
   KPCL    10.80 UP-DOWN
   KPPL    13.00 DOWN
   KTL    11.90 UP
   LANKABAFIN    15.20 UP-DOWN
   LEGACYFOOT    73.40 UP
   LHB    52.70 DOWN
   LIBRAINFU    589.90 UP
   LINDEBD    684.10 DOWN
   LOVELLO    47.00 UP
   LRBDL    14.00 UP
   LRGLOBMF1    4.20 UP-DOWN
   MAGURAPLEX    82.40 DOWN
   MAKSONSPIN    6.10 UP
   MALEKSPIN    49.50 UP
   MARICO    2680.40 DOWN
   MATINSPINN    64.50 UP
   MBL1STMF    9.50 UP
   MEGCONMILK    34.90 UP
   MEGHNACEM    28.90 DOWN
   MEGHNAINS    36.50 UP
   MEGHNALIFE    54.10 UP
   MEGHNAPET    64.00 DOWN
   MERCANBANK    6.80 DOWN
   MERCINS    43.80 UP
   METROSPIN    10.50 UP
   MHSML    20.50 UP
   MIDASFIN    5.40 UP
   MIDLANDBNK    16.80 DOWN
   MIRACLEIND    27.80 DOWN
   MIRAKHTER    33.60 DOWN
   MITHUNKNIT    14.00 UP
   MJLBD    90.60 DOWN
   MLDYEING    12.40 UP
   MONNOAGML    314.50 DOWN
   MONNOCERA    81.40 DOWN
   MONNOFABR    21.30 UP
   MONOSPOOL    107.00 DOWN
   MPETROLEUM    205.20 DOWN
   MTB    13.30 DOWN
   NAHEEACP    33.90 UP
   NATLIFEINS    96.00 UP
   NAVANACNG    20.50 DOWN
   NAVANAPHAR    67.00 UP
   NBL    3.50 UP
   NCCBANK    14.80 DOWN
   NCCBLMF1    6.50 UP
   NEWLINE    5.70 UP
   NFML    16.40 UP
   NHFIL    27.30 UP
   NITOLINS    53.30 UP
   NORTHERN    102.10 UP
   NORTHRNINS    38.20 UP
   NPOLYMER    31.40 UP-DOWN
   NRBBANK    6.70 UP-DOWN
   NRBCBANK    9.00 UP
   NTC    154.30 DOWN
   NTLTUBES    64.00 UP
   NURANI    3.00 UP-DOWN
   OAL    6.70 UP
   OIMEX    14.90 UP
   OLYMPIC    143.40 DOWN
   ONEBANKPLC    7.70 UP
   ORIONINFU    204.30 UP
   ORIONPHARM    25.50 UP
   PADMALIFE    16.30 UP-DOWN
   PADMAOIL    193.10 UP
   PARAMOUNT    58.80 UP
   PDL    5.60 UP
   PENINSULA    21.80 UP
   PEOPLESINS    60.10 DOWN
   PHARMAID    562.30 UP-DOWN
   PHENIXINS    48.50 UP-DOWN
   PHOENIXFIN    3.60 DOWN
   PHPMF1    3.50 UP-DOWN
   PIONEERINS    65.50 UP
   PLFSL    2.00 UP
   POPULAR1MF    3.50 UP-DOWN
   POPULARLIF    59.80 UP
   POWERGRID    38.30 UP
   PRAGATIINS    73.50 DOWN
   PRAGATILIF    150.40 DOWN
   PREMIERBAN    5.90 UP-DOWN
   PREMIERCEM    44.60 UP
   PREMIERLEA    2.30 UP
   PRIMEBANK    28.70 DOWN
   PRIMEFIN    2.90 DOWN
   PRIMEINSUR    53.00 UP
   PRIMELIFE    36.80 UP
   PRIMETEX    14.80 DOWN
   PROGRESLIF    37.60 DOWN
   PROVATIINS    57.00 UP
   PTL    76.00 UP
   PUBALIBANK    39.00 UP
   PURABIGEN    29.10 UP-DOWN
   QUASEMIND    41.10 UP
   QUEENSOUTH    15.30 UP
   RAHIMAFOOD    72.70 UP
   RAHIMTEXT    187.00 DOWN
   RAKCERAMIC    29.50 UP
   RANFOUNDRY    150.00 UP-DOWN
   RDFOOD    23.80 DOWN
   RECKITTBEN    3270.00 DOWN
   REGENTTEX    6.30 UP
   RELIANCINS    102.50 DOWN
   RENATA    460.10 DOWN
   RENWICKJA    740.50 DOWN
   REPUBLIC    39.40 DOWN
   RINGSHINE    4.00 UP
   ROBI    29.80 UP-DOWN
   RSRMSTEEL    7.20 UP
   RUNNERAUTO    45.10 DOWN
   RUPALIBANK    17.20 UP-DOWN
   RUPALIINS    28.30 UP
   RUPALILIFE    80.80 UP
   SAFKOSPINN    21.30 UP
   SAIFPOWER    9.10 UP
   SAIHAMCOT    24.30 UP
   SAIHAMTEX    31.80 UP
   SALAMCRST    12.00 UP
   SALVO    32.30 DOWN
   SAMATALETH    85.10 DOWN
   SAMORITA    90.60 DOWN
   SANDHANINS    24.70 UP
   SAPORTL    58.20 UP-DOWN
   SBACBANK    6.60 UP-DOWN
   SEAPEARL    35.00 UP
   SEMLFBSLGF    6.70 DOWN
   SEMLIBBLSF    7.80 DOWN
   SHAHJABANK    17.40 UP-DOWN
   SHARPIND    20.30 UP
   SHASHADNIM    28.20 UP
   SHEPHERD    14.20 UP
   SHURWID    6.00 UP
   SHYAMPSUG    301.00 DOWN
   SICL    38.10 UP
   SILCOPHL    17.40 UP
   SILVAPHL    12.80 UP
   SIMTEX    25.10 UP
   SINGERBD    73.80 UP
   SINOBANGLA    51.60 DOWN
   SIPLC    120.90 DOWN
   SKTRIMS    13.50 DOWN
   SONALIANSH    208.70 UP
   SONALILIFE    84.70 DOWN
   SONALIPAPR    222.20 DOWN
   SONARBAINS    36.60 UP
   SONARGAON    92.60 UP
   SOUTHEASTB    12.10 UP
   SPCERAMICS    20.80 UP
   SPCL    51.40 UP
   SQUARETEXT    48.50 UP
   SQURPHARMA    215.90 DOWN
   SSSTEEL    6.50 UP-DOWN
   STANCERAM    68.00 UP
   STANDARINS    48.80 DOWN
   STANDBANKL    4.50 UP-DOWN
   STYLECRAFT    52.70 UP
   SUMITPOWER    15.40 UP
   SUNLIFEINS    47.40 DOWN
   TAKAFULINS    54.90 UP
   TALLUSPIN    7.60 UP-DOWN
   TAMIJTEX    119.80 UP
   TB15Y0340    122.80 DOWN
   TB20Y0143    97.80 DOWN
   TB20Y0529    105.40 UP
   TB20Y0744    129.24 UP
   TB20Y1242    96.86 DOWN
   TB2Y1127    101.38 UP
   TECHNODRUG    43.40 UP
   TILIL    47.10 UP
   TITASGAS    17.60 UP-DOWN
   TOSRIFA    20.00 UP
   TRUSTB1MF    3.70 UP
   TRUSTBANK    14.50 DOWN
   TUNGHAI    4.40 UP
   UCB    9.00 UP
   UNILEVERCL    1991.30 DOWN
   UNIONCAP    4.50 UP
   UNIONINS    49.30 UP
   UNIQUEHRL    42.60 UP
   UNITEDFIN    17.30 UP
   UNITEDINS    60.90 DOWN
   UPGDCL    113.30 UP
   USMANIAGL    54.80 DOWN
   UTTARABANK    20.80 UP-DOWN
   UTTARAFIN    12.50 DOWN
   VAMLRBBF    8.10 DOWN
   VFSTDL    14.70 UP
   WALTONHIL    387.60 DOWN
   WATACHEM    137.60 UP
   WMSHIPYARD    9.10 UP
   YPL    20.20 DOWN
   ZAHEENSPIN    5.50 UP-DOWN
   ZAHINTEX    8.20 UP
   ZEALBANGLA    169.70 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).