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   1JANATAMF    3.40 DOWN
   1STPRIMFMF    21.70 UP-DOWN
   AAMRANET    17.70 DOWN
   AAMRATECH    17.30 DOWN
   ABB1STMF    3.50 DOWN
   ABBANK    4.50 DOWN
   ACFL    22.00 DOWN
   ACI    188.70 DOWN
   ACIFORMULA    150.20 DOWN
   ACMELAB    77.90 DOWN
   ACMEPL    24.10 DOWN
   ACTIVEFINE    5.80 DOWN
   ADNTEL    59.30 DOWN
   ADVENT    14.00 DOWN
   AFCAGRO    6.70 DOWN
   AFTABAUTO    27.00 DOWN
   AGNISYSL    30.40 UP-DOWN
   AGRANINS    28.70 DOWN
   AIBL1STIMF    5.80 UP
   AIL    32.80 DOWN
   AL-HAJTEX    78.00 DOWN
   ALARABANK    16.30 DOWN
   ALIF    5.40 DOWN
   ALLTEX    23.50 DOWN
   AMANFEED    32.80 DOWN
   AMBEEPHA    759.20 UP
   AMCL(PRAN)    218.00 DOWN
   ANLIMAYARN    28.70 DOWN
   ANWARGALV    105.30 DOWN
   AOL    16.20 DOWN
   APEXFOODS    265.90 DOWN
   APEXFOOT    205.50 DOWN
   APEXSPINN    277.70 DOWN
   APEXTANRY    100.40 DOWN
   APOLOISPAT    2.90 DOWN
   ARAMIT    200.20 DOWN
   ARAMITCEM    12.00 DOWN
   ARGONDENIM    21.80 DOWN
   ASIAINS    41.60 DOWN
   ASIAPACINS    48.80 DOWN
   ASIATICLAB    105.80 DOWN
   ATLASBANG    83.90 UP
   AZIZPIPES    78.70 UP-DOWN
   BANGAS    125.70 DOWN
   BANKASIA    16.90 UP-DOWN
   BARKAPOWER    9.90 DOWN
   BATASHOE    899.70 UP
   BATBC    231.80 DOWN
   BAYLEASING    4.60 DOWN
   BBS    12.70 DOWN
   BBSCABLES    17.90 DOWN
   BDAUTOCA    184.70 DOWN
   BDCOM    29.60 DOWN
   BDFINANCE    12.40 DOWN
   BDLAMPS    230.20 UP
   BDTHAI    16.60 DOWN
   BDTHAIFOOD    24.70 UP
   BDWELDING    12.60 DOWN
   BEACHHATCH    28.40 DOWN
   BEACONPHAR    103.60 DOWN
   BENGALWTL    22.10 DOWN
   BERGERPBL    1491.40 DOWN
   BESTHLDNG    14.20 DOWN
   BEXGSUKUK    70.00 DOWN
   BEXIMCO    21.60 DOWN
   BGIC    41.50 DOWN
   BIFC    4.00 DOWN
   BNICL    113.00 DOWN
   BPML    26.00 DOWN
   BPPL    19.70 DOWN
   BRACBANK    62.40 DOWN
   BSC    110.00 DOWN
   BSCPLC    146.80 DOWN
   BSRMLTD    97.00 DOWN
   BSRMSTEEL    89.20 DOWN
   BXPHARMA    150.80 DOWN
   CAPITECGBF    8.40 UP-DOWN
   CAPMBDBLMF    7.60 DOWN
   CAPMIBBLMF    13.20 DOWN
   CENTRALINS    43.00 DOWN
   CENTRALPHL    10.00 DOWN
   CITYGENINS    127.60 DOWN
   CLICL    44.30 DOWN
   CNATEX    3.00 DOWN
   CONFIDCEM    61.80 DOWN
   CONTININS    34.20 DOWN
   COPPERTECH    23.60 DOWN
   CROWNCEMNT    61.50 DOWN
   CRYSTALINS    60.90 DOWN
   CVOPRL    164.00 DOWN
   DACCADYE    16.00 DOWN
   DAFODILCOM    164.90 DOWN
   DBH    40.80 DOWN
   DBH1STMF    5.30 UP
   DELTALIFE    75.50 DOWN
   DELTASPINN    7.20 DOWN
   DESCO    22.70 DOWN
   DESHBANDHU    18.50 DOWN
   DGIC    30.50 DOWN
   DHAKABANK    11.90 UP-DOWN
   DHAKAINS    44.40 DOWN
   DOMINAGE    57.30 DOWN
   DOREENPWR    30.90 DOWN
   DSHGARME    167.10 DOWN
   DSSL    11.30 DOWN
   DULAMIACOT    179.00 DOWN
   DUTCHBANGL    44.20 DOWN
   EASTERNINS    58.60 DOWN
   EASTLAND    27.80 DOWN
   EASTRNLUB    2063.90 UP
   EBL    23.80 DOWN
   EBL1STMF    4.10 UP-DOWN
   EBLNRBMF    3.50 UP-DOWN
   ECABLES    131.00 DOWN
   EGEN    23.90 DOWN
   EHL    88.20 DOWN
   EIL    31.30 DOWN
   EMERALDOIL    28.70 DOWN
   ENVOYTEX    62.70 UP
   EPGL    17.60 DOWN
   ESQUIRENIT    24.90 DOWN
   ETL    12.70 DOWN
   EXIM1STMF    6.80 UP
   FAMILYTEX    2.40 UP-DOWN
   FARCHEM    14.70 DOWN
   FAREASTLIF    19.60 DOWN
   FBFIF    3.40 DOWN
   FEDERALINS    28.20 DOWN
   FEKDIL    21.30 DOWN
   FINEFOODS    443.00 DOWN
   FIRSTFIN    4.70 UP-DOWN
   FORTUNE    16.40 DOWN
   FUWANGCER    14.00 DOWN
   FUWANGFOOD    9.80 DOWN
   GBBPOWER    13.00 DOWN
   GEMINISEA    113.70 DOWN
   GENEXIL    35.00 DOWN
   GENNEXT    3.00 DOWN
   GHAIL    13.30 DOWN
   GHCL    20.50 DOWN
   GLDNJMF    8.10 DOWN
   GLOBALINS    44.90 DOWN
   GOLDENSON    13.60 DOWN
   GP    243.90 DOWN
   GPHISPAT    16.60 DOWN
   GQBALLPEN    544.00 DOWN
   GRAMEENS2    11.90 DOWN
   GREENDELMF    4.50 UP-DOWN
   GREENDELT    66.40 DOWN
   GSPFINANCE    3.70 UP-DOWN
   HAKKANIPUL    70.30 DOWN
   HAMI    147.00 DOWN
   HEIDELBCEM    209.70 DOWN
   HFL    13.40 DOWN
   HRTEX    17.50 DOWN
   HWAWELLTEX    46.00 DOWN
   IBBLPBOND    651.00 DOWN
   IBNSINA    313.20 DOWN
   IBP    16.30 DOWN
   ICB    40.00 DOWN
   ICBIBANK    2.60 UP-DOWN
   ICICL    36.30 DOWN
   IDLC    42.90 DOWN
   IFADAUTOS    23.70 DOWN
   IFIC    4.70 UP-DOWN
   IFIC1STMF    4.00 UP-DOWN
   INDEXAGRO    68.40 DOWN
   INTECH    23.80 DOWN
   INTRACO    22.60 DOWN
   IPDC    31.20 DOWN
   ISLAMIBANK    27.50 UP
   ISLAMICFIN    11.20 DOWN
   ISLAMIINS    59.40 DOWN
   ISNLTD    47.60 DOWN
   ITC    45.70 DOWN
   JAMUNABANK    23.90 DOWN
   JAMUNAOIL    175.10 DOWN
   JANATAINS    32.50 DOWN
   JHRML    46.60 DOWN
   JMISMDL    132.10 DOWN
   JUTESPINN    211.90 DOWN
   KARNAPHULI    57.00 DOWN
   KAY&QUE    366.60 DOWN
   KBPPWBIL    31.10 DOWN
   KDSALTD    44.90 DOWN
   KEYACOSMET    5.10 DOWN
   KOHINOOR    535.00 UP
   KPCL    10.80 DOWN
   KPPL    13.20 DOWN
   KTL    11.60 DOWN
   LANKABAFIN    15.20 DOWN
   LEGACYFOOT    73.10 DOWN
   LHB    53.20 DOWN
   LIBRAINFU    582.60 DOWN
   LINDEBD    687.70 DOWN
   LOVELLO    45.10 DOWN
   LRBDL    13.80 DOWN
   LRGLOBMF1    4.20 DOWN
   MAGURAPLEX    82.60 DOWN
   MAKSONSPIN    6.00 DOWN
   MALEKSPIN    47.40 DOWN
   MARICO    2692.40 DOWN
   MATINSPINN    61.20 DOWN
   MBL1STMF    9.30 UP
   MEGCONMILK    34.20 DOWN
   MEGHNACEM    30.10 UP
   MEGHNAINS    36.20 DOWN
   MEGHNALIFE    53.30 DOWN
   MEGHNAPET    65.50 DOWN
   MERCANBANK    7.00 DOWN
   MERCINS    41.80 DOWN
   METROSPIN    10.30 DOWN
   MHSML    20.00 DOWN
   MIDASFIN    5.40 UP-DOWN
   MIDLANDBNK    16.90 DOWN
   MIRACLEIND    27.90 DOWN
   MIRAKHTER    33.80 DOWN
   MITHUNKNIT    13.80 DOWN
   MJLBD    90.90 DOWN
   MLDYEING    11.80 DOWN
   MONNOAGML    319.70 DOWN
   MONNOCERA    81.50 DOWN
   MONNOFABR    20.80 DOWN
   MONOSPOOL    107.30 DOWN
   MPETROLEUM    205.40 DOWN
   MTB    13.40 UP
   NAHEEACP    33.70 DOWN
   NATLIFEINS    95.20 DOWN
   NAVANACNG    20.60 DOWN
   NAVANAPHAR    66.10 DOWN
   NBL    3.50 UP-DOWN
   NCCBANK    14.90 DOWN
   NCCBLMF1    6.40 UP
   NEWLINE    5.70 DOWN
   NFML    16.10 DOWN
   NHFIL    27.10 DOWN
   NITOLINS    52.60 UP-DOWN
   NORTHERN    105.80 UP
   NORTHRNINS    38.10 DOWN
   NPOLYMER    31.40 DOWN
   NRBBANK    6.70 UP-DOWN
   NRBCBANK    8.70 DOWN
   NTC    154.50 DOWN
   NTLTUBES    63.70 DOWN
   NURANI    3.00 DOWN
   OAL    6.70 DOWN
   OIMEX    14.50 DOWN
   OLYMPIC    143.80 DOWN
   ONEBANKPLC    7.50 DOWN
   ORIONINFU    203.90 DOWN
   ORIONPHARM    25.00 DOWN
   PADMALIFE    16.30 DOWN
   PADMAOIL    192.50 DOWN
   PARAMOUNT    58.50 DOWN
   PDL    5.60 UP-DOWN
   PENINSULA    21.00 DOWN
   PEOPLESINS    60.50 DOWN
   PHARMAID    562.30 DOWN
   PHENIXINS    48.50 DOWN
   PHOENIXFIN    3.70 DOWN
   PHPMF1    3.50 UP-DOWN
   PIONEERINS    65.10 DOWN
   PLFSL    1.90 UP-DOWN
   POPULAR1MF    3.50 DOWN
   POPULARLIF    59.50 DOWN
   POWERGRID    38.20 DOWN
   PRAGATIINS    74.30 DOWN
   PRAGATILIF    151.70 DOWN
   PREMIERBAN    5.90 UP-DOWN
   PREMIERCEM    44.20 DOWN
   PREMIERLEA    2.20 UP-DOWN
   PRIMEBANK    28.80 DOWN
   PRIMEFIN    3.00 DOWN
   PRIMEINSUR    51.30 DOWN
   PRIMELIFE    36.50 DOWN
   PRIMETEX    15.50 DOWN
   PROGRESLIF    37.80 DOWN
   PROVATIINS    55.80 DOWN
   PTL    75.20 UP
   PUBALIBANK    38.50 UP
   PURABIGEN    28.10 DOWN
   QUASEMIND    41.00 DOWN
   QUEENSOUTH    14.40 DOWN
   RAHIMAFOOD    70.80 DOWN
   RAHIMTEXT    189.20 DOWN
   RAKCERAMIC    29.30 DOWN
   RANFOUNDRY    150.00 DOWN
   RDFOOD    23.90 DOWN
   RECKITTBEN    3288.00 UP
   REGENTTEX    6.00 DOWN
   RELIANCINS    102.60 DOWN
   RENATA    463.60 DOWN
   RENWICKJA    754.10 DOWN
   REPUBLIC    39.60 DOWN
   RINGSHINE    3.80 DOWN
   ROBI    29.80 DOWN
   RSRMSTEEL    7.10 DOWN
   RUNNERAUTO    45.40 DOWN
   RUPALIBANK    17.20 UP-DOWN
   RUPALIINS    28.20 DOWN
   RUPALILIFE    79.60 DOWN
   SAFKOSPINN    21.20 DOWN
   SAIFPOWER    9.00 DOWN
   SAIHAMCOT    22.10 DOWN
   SAIHAMTEX    31.00 DOWN
   SALAMCRST    11.90 DOWN
   SALVO    32.50 DOWN
   SAMATALETH    85.40 DOWN
   SAMORITA    91.00 DOWN
   SANDHANINS    24.30 DOWN
   SAPORTL    58.20 DOWN
   SBACBANK    6.50 DOWN
   SEAPEARL    32.30 DOWN
   SEMLFBSLGF    6.90 DOWN
   SEMLIBBLSF    7.90 UP-DOWN
   SHAHJABANK    17.40 DOWN
   SHARPIND    19.50 DOWN
   SHASHADNIM    27.90 DOWN
   SHEPHERD    13.90 DOWN
   SHURWID    5.80 DOWN
   SHYAMPSUG    301.70 DOWN
   SICL    37.30 DOWN
   SILCOPHL    16.40 DOWN
   SILVAPHL    12.60 DOWN
   SIMTEX    24.30 DOWN
   SINGERBD    73.20 DOWN
   SINOBANGLA    51.70 DOWN
   SIPLC    134.30 DOWN
   SKTRIMS    13.60 DOWN
   SONALIANSH    207.30 DOWN
   SONALILIFE    85.40 UP
   SONALIPAPR    222.40 DOWN
   SONARBAINS    36.40 DOWN
   SONARGAON    90.60 DOWN
   SOUTHEASTB    11.80 UP
   SPCERAMICS    20.00 DOWN
   SPCL    50.80 DOWN
   SQUARETEXT    48.20 DOWN
   SQURPHARMA    216.00 DOWN
   SSSTEEL    6.50 DOWN
   STANCERAM    66.90 DOWN
   STANDARINS    49.20 DOWN
   STANDBANKL    4.50 UP-DOWN
   STYLECRAFT    52.80 DOWN
   SUMITPOWER    15.30 DOWN
   SUNLIFEINS    48.10 DOWN
   TAKAFULINS    53.30 DOWN
   TALLUSPIN    7.80 UP
   TAMIJTEX    118.90 DOWN
   TB10Y0735    110.18 UP
   TB2Y1126    99.16 DOWN
   TB5Y0630    108.99 DOWN
   TB5Y1128    104.84 UP
   TECHNODRUG    42.80 DOWN
   TILIL    45.40 DOWN
   TITASGAS    17.60 DOWN
   TOSRIFA    19.40 DOWN
   TRUSTB1MF    3.60 DOWN
   TRUSTBANK    14.60 DOWN
   TUNGHAI    4.00 DOWN
   UCB    9.00 DOWN
   UNILEVERCL    1996.00 DOWN
   UNIONCAP    4.30 DOWN
   UNIONINS    49.10 DOWN
   UNIQUEHRL    42.30 DOWN
   UNITEDFIN    16.90 DOWN
   UNITEDINS    61.90 DOWN
   UPGDCL    112.80 DOWN
   USMANIAGL    54.90 DOWN
   UTTARABANK    20.80 UP-DOWN
   UTTARAFIN    12.60 DOWN
   VAMLRBBF    8.20 UP
   VFSTDL    13.80 DOWN
   WALTONHIL    390.20 DOWN
   WATACHEM    132.80 DOWN
   WMSHIPYARD    9.00 DOWN
   YPL    20.40 DOWN
   ZAHEENSPIN    5.50 UP-DOWN
   ZAHINTEX    8.20 UP
   ZEALBANGLA    171.90 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).