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   1JANATAMF    3.40 UP-DOWN
   1STPRIMFMF    25.90 DOWN
   AAMRANET    18.20 DOWN
   AAMRATECH    16.30 UP-DOWN
   ABB1STMF    3.50 UP-DOWN
   ABBANK    4.20 DOWN
   ACFL    22.20 UP
   ACI    183.30 UP
   ACIFORMULA    148.90 UP
   ACMELAB    77.80 UP
   ACMEPL    25.40 UP-DOWN
   ACTIVEFINE    4.90 UP-DOWN
   ADNTEL    57.10 UP
   ADVENT    13.10 UP
   AFCAGRO    5.10 DOWN
   AFTABAUTO    24.80 UP
   AGNISYSL    26.00 UP
   AGRANINS    27.10 UP
   AIBL1STIMF    5.50 DOWN
   AIBLPBOND    4250.00 UP
   AIL    28.80 UP
   AL-HAJTEX    76.30 UP-DOWN
   ALARABANK    16.00 UP
   ALIF    4.80 UP
   ALLTEX    23.00 UP-DOWN
   AMANFEED    28.90 UP
   AMBEEPHA    747.90 UP
   AMCL(PRAN)    216.00 UP
   ANLIMAYARN    25.60 UP
   ANWARGALV    114.50 UP
   AOL    17.80 UP
   APEXFOODS    338.80 UP
   APEXFOOT    196.90 UP
   APEXSPINN    383.00 UP
   APEXTANRY    86.50 DOWN
   APOLOISPAT    2.60 UP
   APSCLBOND    1060.00 UP-DOWN
   ARAMIT    176.00 UP
   ARAMITCEM    11.20 UP
   ARGONDENIM    21.50 UP
   ASIAINS    39.10 UP
   ASIAPACINS    45.50 DOWN
   ASIATICLAB    103.80 DOWN
   ATLASBANG    78.30 DOWN
   AZIZPIPES    81.20 UP
   BANGAS    117.40 UP
   BANKASIA    16.00 DOWN
   BARKAPOWER    9.30 UP
   BATASHOE    888.00 UP
   BATBC    219.70 DOWN
   BAYLEASING    4.00 UP-DOWN
   BBS    10.30 UP
   BBSCABLES    15.30 UP
   BDAUTOCA    189.90 DOWN
   BDCOM    27.10 UP
   BDFINANCE    10.60 UP
   BDLAMPS    246.10 DOWN
   BDTHAI    13.40 UP
   BDTHAIFOOD    17.10 DOWN
   BDWELDING    10.30 UP
   BEACHHATCH    23.30 UP
   BEACONPHAR    101.90 UP
   BENGALWTL    20.60 UP
   BERGERPBL    1452.00 UP
   BESTHLDNG    14.40 UP
   BEXGSUKUK    70.50 DOWN
   BEXIMCO    20.50 UP
   BGIC    39.60 DOWN
   BIFC    2.90 UP-DOWN
   BNICL    157.00 UP
   BPML    25.90 UP
   BPPL    17.60 UP
   BRACBANK    66.00 UP
   BSC    109.20 UP
   BSCPLC    144.60 UP
   BSRMLTD    101.50 UP
   BSRMSTEEL    91.60 UP
   BXPHARMA    142.60 UP
   CAPITECGBF    8.00 DOWN
   CAPMIBBLMF    16.10 UP-DOWN
   CENTRALINS    41.80 UP
   CENTRALPHL    8.70 UP-DOWN
   CITYBANK    29.90 UP
   CITYGENINS    130.60 DOWN
   CLICL    47.40 DOWN
   CNATEX    2.80 UP-DOWN
   CONFIDCEM    59.20 UP
   CONTININS    30.90 UP
   COPPERTECH    20.60 UP
   CROWNCEMNT    58.80 UP
   CRYSTALINS    65.20 UP
   CVOPRL    155.40 UP
   DACCADYE    14.80 DOWN
   DAFODILCOM    155.80 UP
   DBH    39.40 UP
   DBH1STMF    5.20 UP-DOWN
   DELTALIFE    69.40 DOWN
   DELTASPINN    7.40 UP-DOWN
   DESCO    24.20 UP-DOWN
   DESHBANDHU    15.70 DOWN
   DGIC    38.00 DOWN
   DHAKABANK    11.20 UP
   DHAKAINS    42.50 DOWN
   DOMINAGE    65.40 UP
   DOREENPWR    31.30 UP
   DSHGARME    148.70 DOWN
   DSSL    10.40 UP
   DULAMIACOT    207.70 DOWN
   DUTCHBANGL    45.60 UP
   EASTERNINS    59.00 UP
   EASTLAND    26.40 UP-DOWN
   EASTRNLUB    2005.70 UP
   EBL    22.80 UP
   EBL1STMF    4.20 UP-DOWN
   EBLNRBMF    3.30 UP-DOWN
   ECABLES    133.40 UP
   EGEN    21.40 DOWN
   EHL    77.40 DOWN
   EIL    31.30 DOWN
   EMERALDOIL    27.60 DOWN
   ENVOYTEX    72.40 UP
   EPGL    15.30 DOWN
   ESQUIRENIT    22.70 UP
   ETL    16.10 UP
   EXIM1STMF    5.40 DOWN
   FAMILYTEX    2.10 DOWN
   FARCHEM    15.30 UP-DOWN
   FAREASTLIF    17.50 UP
   FBFIF    3.30 UP-DOWN
   FEDERALINS    26.40 DOWN
   FEKDIL    19.20 DOWN
   FINEFOODS    471.40 DOWN
   FIRSTFIN    4.50 UP
   FORTUNE    14.00 UP-DOWN
   FUWANGCER    11.60 DOWN
   FUWANGFOOD    9.30 UP
   GBBPOWER    12.00 DOWN
   GEMINISEA    104.70 DOWN
   GENEXIL    30.90 UP
   GENNEXT    2.70 DOWN
   GHAIL    11.80 UP-DOWN
   GHCL    18.90 UP
   GLDNJMF    8.30 UP-DOWN
   GLOBALINS    41.40 UP
   GOLDENSON    11.00 UP-DOWN
   GP    242.90 UP
   GPHISPAT    15.30 UP
   GQBALLPEN    582.70 DOWN
   GRAMEENS2    11.80 UP
   GREENDELMF    4.40 UP-DOWN
   GREENDELT    64.90 UP
   GSPFINANCE    3.00 UP-DOWN
   HAKKANIPUL    68.90 UP
   HAMI    148.80 DOWN
   HEIDELBCEM    206.70 UP
   HFL    11.00 UP-DOWN
   HRTEX    16.00 UP-DOWN
   HWAWELLTEX    47.20 DOWN
   IBBL2PBOND    3999.00 UP
   IBBLPBOND    669.50 DOWN
   IBNSINA    310.00 UP
   IBP    13.40 UP
   ICB    39.40 DOWN
   ICB3RDNRB    5.70 UP-DOWN
   ICBAGRANI1    7.60 DOWN
   ICBAMCL2ND    9.10 DOWN
   ICBEPMF1S1    5.90 DOWN
   ICBIBANK    2.50 UP-DOWN
   ICBSONALI1    7.70 DOWN
   ICICL    37.30 UP
   IDLC    41.60 UP-DOWN
   IFADAUTOS    23.40 UP
   IFIC    4.90 UP-DOWN
   IFIC1STMF    3.70 UP-DOWN
   IFILISLMF1    5.40 DOWN
   INDEXAGRO    71.10 UP
   INTECH    22.90 UP
   INTRACO    23.90 UP
   IPDC    30.50 DOWN
   ISLAMIBANK    25.60 DOWN
   ISLAMICFIN    10.00 UP-DOWN
   ISLAMIINS    65.30 DOWN
   ISNLTD    51.00 DOWN
   ITC    43.00 UP
   JAMUNABANK    23.00 UP
   JAMUNAOIL    177.40 DOWN
   JANATAINS    31.40 UP
   JHRML    40.90 DOWN
   JMISMDL    126.30 UP
   JUTESPINN    202.50 UP
   KARNAPHULI    49.60 DOWN
   KAY&QUE    420.30 UP
   KBPPWBIL    35.40 UP-DOWN
   KDSALTD    42.50 DOWN
   KEYACOSMET    5.10 UP
   KOHINOOR    509.60 DOWN
   KPCL    10.10 UP-DOWN
   KPPL    13.20 UP
   KTL    14.20 UP
   LANKABAFIN    13.60 UP-DOWN
   LEGACYFOOT    69.30 UP
   LHB    52.20 UP
   LIBRAINFU    558.00 DOWN
   LINDEBD    660.90 DOWN
   LOVELLO    49.60 DOWN
   LRBDL    12.60 UP
   LRGLOBMF1    4.10 DOWN
   MAGURAPLEX    81.90 UP
   MAKSONSPIN    4.90 UP
   MALEKSPIN    47.60 DOWN
   MARICO    2654.30 UP
   MATINSPINN    74.50 UP
   MBL1STMF    9.20 DOWN
   MEGCONMILK    29.00 DOWN
   MEGHNACEM    28.80 UP
   MEGHNAINS    32.20 DOWN
   MEGHNALIFE    51.10 DOWN
   MEGHNAPET    73.50 DOWN
   MERCANBANK    6.10 DOWN
   MERCINS    47.80 UP
   METROSPIN    9.60 UP
   MHSML    18.70 UP
   MIDASFIN    4.50 UP-DOWN
   MIDLANDBNK    16.10 DOWN
   MIRACLEIND    24.60 UP
   MIRAKHTER    32.40 UP
   MITHUNKNIT    13.00 UP-DOWN
   MJLBD    90.80 UP
   MLDYEING    10.30 UP
   MONNOAGML    303.90 UP
   MONNOCERA    81.70 UP
   MONNOFABR    18.10 UP
   MONOSPOOL    104.40 UP
   MPETROLEUM    205.20 UP
   MTB    13.30 UP-DOWN
   NAHEEACP    34.80 UP
   NATLIFEINS    94.00 UP
   NAVANACNG    19.10 UP
   NAVANAPHAR    61.30 UP
   NBL    3.10 DOWN
   NCCBANK    14.10 UP
   NCCBLMF1    5.90 DOWN
   NEWLINE    5.10 UP
   NFML    14.20 UP
   NHFIL    25.40 UP-DOWN
   NITOLINS    53.60 DOWN
   NORTHERN    98.00 UP
   NORTHRNINS    34.70 DOWN
   NPOLYMER    29.50 DOWN
   NRBBANK    6.80 UP
   NRBCBANK    9.20 UP-DOWN
   NTC    147.50 DOWN
   NTLTUBES    60.00 UP
   NURANI    2.80 DOWN
   OAL    5.60 UP-DOWN
   OIMEX    13.00 UP
   OLYMPIC    144.70 UP
   ONEBANKPLC    7.00 UP-DOWN
   ORIONINFU    263.20 UP
   ORIONPHARM    26.30 DOWN
   PADMALIFE    15.30 DOWN
   PADMAOIL    196.10 UP
   PARAMOUNT    61.30 UP
   PDL    5.30 UP-DOWN
   PENINSULA    17.10 DOWN
   PEOPLESINS    57.10 UP
   PF1STMF    14.30 DOWN
   PHARMAID    569.80 UP
   PHENIXINS    45.20 DOWN
   PHOENIXFIN    3.10 UP-DOWN
   PHPMF1    3.40 UP-DOWN
   PIONEERINS    65.20 DOWN
   PLFSL    1.70 UP
   POPULAR1MF    3.40 UP-DOWN
   POPULARLIF    54.80 UP
   POWERGRID    37.70 UP
   PRAGATIINS    72.10 UP
   PRAGATILIF    138.60 UP
   PREMIERBAN    5.70 UP
   PREMIERCEM    40.80 UP
   PREMIERLEA    1.80 UP-DOWN
   PRIME1ICBA    6.40 DOWN
   PRIMEBANK    28.20 UP
   PRIMEFIN    2.50 DOWN
   PRIMEINSUR    43.80 DOWN
   PRIMELIFE    37.40 UP
   PRIMETEX    13.30 DOWN
   PROGRESLIF    35.60 DOWN
   PROVATIINS    48.00 DOWN
   PTL    79.70 DOWN
   PUBALIBANK    39.40 UP
   PURABIGEN    26.40 DOWN
   QUASEMIND    37.80 UP
   QUEENSOUTH    13.40 UP
   RAHIMAFOOD    68.10 DOWN
   RAHIMTEXT    188.60 UP
   RAKCERAMIC    24.90 UP-DOWN
   RANFOUNDRY    150.40 UP
   RDFOOD    22.20 UP
   RECKITTBEN    3256.70 UP
   REGENTTEX    5.30 UP
   RELIANCE1    11.20 DOWN
   RELIANCINS    99.00 UP
   RENATA    445.40 UP
   RENWICKJA    705.00 UP
   REPUBLIC    35.20 DOWN
   RINGSHINE    3.60 DOWN
   ROBI    29.90 UP-DOWN
   RSRMSTEEL    6.00 UP-DOWN
   RUNNERAUTO    44.00 UP
   RUPALIBANK    16.50 UP
   RUPALIINS    26.80 UP-DOWN
   RUPALILIFE    81.20 UP
   SAFKOSPINN    21.00 DOWN
   SAIFPOWER    6.70 DOWN
   SAIHAMCOT    23.20 UP
   SAIHAMTEX    46.20 UP
   SALAMCRST    11.30 UP
   SALVO    28.80 UP-DOWN
   SAMATALETH    102.70 UP
   SAMORITA    88.90 UP
   SANDHANINS    24.10 UP
   SAPORTL    58.10 DOWN
   SBACBANK    6.60 DOWN
   SEAPEARL    33.70 DOWN
   SEMLFBSLGF    6.50 DOWN
   SHAHJABANK    17.50 UP
   SHARPIND    16.90 UP
   SHASHADNIM    27.10 UP
   SHEPHERD    11.30 DOWN
   SHURWID    5.10 UP-DOWN
   SHYAMPSUG    322.00 UP
   SICL    33.60 DOWN
   SILCOPHL    15.20 UP-DOWN
   SILVAPHL    10.60 DOWN
   SIMTEX    24.30 UP
   SINGERBD    74.70 DOWN
   SINOBANGLA    47.00 UP
   SIPLC    136.90 DOWN
   SKTRIMS    13.40 UP
   SONALIANSH    235.40 UP
   SONALILIFE    104.90 UP
   SONALIPAPR    223.20 UP
   SONARBAINS    39.60 DOWN
   SONARGAON    112.00 UP
   SOUTHEASTB    11.80 UP
   SPCERAMICS    21.80 UP
   SPCL    50.30 UP
   SQUARETEXT    48.70 UP
   SQURPHARMA    217.20 UP
   SSSTEEL    5.30 DOWN
   STANCERAM    64.70 UP
   STANDARINS    48.00 DOWN
   STANDBANKL    4.20 DOWN
   STYLECRAFT    50.90 DOWN
   SUMITPOWER    15.00 UP-DOWN
   SUNLIFEINS    58.00 DOWN
   TAKAFULINS    48.90 UP
   TALLUSPIN    6.20 DOWN
   TAMIJTEX    109.90 UP
   TB10Y0135    114.53 DOWN
   TB10Y0634    116.62 DOWN
   TB15Y0339    120.64 DOWN
   TB20Y0744    131.30 UP
   TB20Y0831    103.23 DOWN
   TECHNODRUG    35.70 UP
   TILIL    47.00 UP
   TITASGAS    16.90 UP-DOWN
   TOSRIFA    18.60 UP-DOWN
   TRUSTB1MF    3.40 DOWN
   TRUSTBANK    13.40 UP-DOWN
   TUNGHAI    4.70 UP-DOWN
   UCB    8.40 DOWN
   UNILEVERCL    1987.20 UP
   UNIONCAP    4.00 UP-DOWN
   UNIONINS    45.30 DOWN
   UNIQUEHRL    41.70 UP
   UNITEDFIN    16.30 UP
   UNITEDINS    57.10 DOWN
   UPGDCL    114.10 UP
   USMANIAGL    52.60 DOWN
   UTTARABANK    20.70 UP
   UTTARAFIN    11.50 UP
   VFSTDL    12.10 UP
   WALTONHIL    332.30 UP
   WATACHEM    124.80 UP
   WMSHIPYARD    8.10 UP-DOWN
   YPL    19.30 DOWN
   ZAHEENSPIN    4.50 UP-DOWN
   ZAHINTEX    7.40 UP-DOWN
   ZEALBANGLA    182.70 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).