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   1JANATAMF    3.40 UP-DOWN
   1STPRIMFMF    29.30 UP
   AAMRANET    18.60 UP-DOWN
   AAMRATECH    16.20 DOWN
   ABB1STMF    3.40 UP-DOWN
   ABBANK    4.40 UP
   ACFL    22.00 UP-DOWN
   ACI    179.00 DOWN
   ACIFORMULA    145.50 UP
   ACMELAB    77.20 DOWN
   ACMEPL    24.30 UP
   ACTIVEFINE    4.80 UP
   ADNTEL    55.00 DOWN
   ADVENT    13.10 UP-DOWN
   AFCAGRO    5.00 UP
   AFTABAUTO    25.30 DOWN
   AGNISYSL    25.50 DOWN
   AGRANINS    28.30 UP
   AIBL1STIMF    5.40 UP-DOWN
   AIL    27.50 DOWN
   AL-HAJTEX    74.90 DOWN
   ALARABANK    15.10 DOWN
   ALIF    4.40 UP
   ALLTEX    27.90 UP
   AMANFEED    28.80 DOWN
   AMBEEPHA    731.20 DOWN
   AMCL(PRAN)    209.00 DOWN
   ANLIMAYARN    31.20 UP
   ANWARGALV    117.60 UP
   AOL    16.70 DOWN
   APEXFOODS    302.00 DOWN
   APEXFOOT    170.20 DOWN
   APEXSPINN    407.50 UP
   APEXTANRY    72.00 DOWN
   APOLOISPAT    2.40 UP-DOWN
   ARAMIT    171.00 DOWN
   ARAMITCEM    11.20 UP
   ARGONDENIM    20.00 DOWN
   ASIAINS    38.60 UP-DOWN
   ASIAPACINS    45.10 DOWN
   ASIATICLAB    103.20 UP
   ATLASBANG    80.10 DOWN
   AZIZPIPES    103.90 UP
   BANKASIA    16.70 UP-DOWN
   BARKAPOWER    9.70 DOWN
   BATASHOE    885.20 UP
   BATBC    218.10 DOWN
   BAYLEASING    4.20 UP-DOWN
   BBS    10.40 DOWN
   BBSCABLES    14.90 DOWN
   BDAUTOCA    173.00 DOWN
   BDCOM    26.20 DOWN
   BDFINANCE    11.00 UP
   BDLAMPS    232.00 DOWN
   BDTHAI    12.20 DOWN
   BDTHAIFOOD    16.70 DOWN
   BDWELDING    10.20 UP-DOWN
   BEACHHATCH    23.20 UP-DOWN
   BEACONPHAR    97.20 DOWN
   BENGALWTL    20.00 UP-DOWN
   BERGERPBL    1459.90 DOWN
   BESTHLDNG    13.90 DOWN
   BEXGSUKUK    75.50 UP
   BEXIMCO    21.00 DOWN
   BGIC    38.30 DOWN
   BIFC    3.30 DOWN
   BNIPLC    154.00 DOWN
   BPML    27.90 DOWN
   BPPL    19.90 DOWN
   BRACBANK    66.20 UP-DOWN
   BSC    106.80 UP-DOWN
   BSCPLC    148.40 DOWN
   BSRMLTD    96.30 UP
   BSRMSTEEL    88.90 DOWN
   BXPHARMA    144.00 DOWN
   CAPITECGBF    7.70 DOWN
   CAPMIBBLMF    15.50 DOWN
   CENTRALINS    42.30 DOWN
   CENTRALPHL    8.40 UP
   CITYBANK    29.50 UP
   CITYGENINS    130.70 DOWN
   CLICL    44.20 DOWN
   CNATEX    2.60 UP-DOWN
   CONFIDCEM    57.90 UP-DOWN
   CONTININS    30.80 UP-DOWN
   COPPERTECH    20.90 DOWN
   CROWNCEMNT    55.30 UP-DOWN
   CRYSTALINS    62.70 DOWN
   CVOPRL    158.60 UP
   DACCADYE    15.40 UP-DOWN
   DAFODILCOM    158.50 UP
   DBH    39.40 UP-DOWN
   DBH1STMF    5.20 DOWN
   DELTALIFE    68.50 UP
   DELTASPINN    7.60 UP-DOWN
   DESCO    23.10 DOWN
   DESHBANDHU    14.80 DOWN
   DGIC    40.80 DOWN
   DHAKABANK    10.90 UP
   DHAKAINS    41.50 DOWN
   DOMINAGE    62.60 UP
   DOREENPWR    31.80 DOWN
   DSHGARME    130.00 DOWN
   DSSL    9.10 DOWN
   DULAMIACOT    198.90 UP
   DUTCHBANGL    45.40 UP
   EASTERNINS    57.40 DOWN
   EASTLAND    26.00 UP-DOWN
   EASTRNLUB    2022.90 UP
   EBL    22.90 UP
   EBL1STMF    4.20 UP-DOWN
   EBLNRBMF    3.30 UP-DOWN
   ECABLES    119.80 UP
   EGEN    20.00 DOWN
   EHL    74.90 DOWN
   EIL    31.30 DOWN
   EMERALDOIL    27.60 UP-DOWN
   ENVOYTEX    69.10 UP
   EPGL    15.00 UP-DOWN
   ESQUIRENIT    21.70 UP-DOWN
   ETL    13.10 DOWN
   EXIM1STMF    5.50 DOWN
   FAMILYTEX    2.20 UP-DOWN
   FARCHEM    15.70 UP-DOWN
   FAREASTLIF    17.00 UP
   FBFIF    3.30 UP-DOWN
   FEDERALINS    25.50 UP-DOWN
   FEKDIL    20.30 DOWN
   FINEFOODS    440.90 DOWN
   FIRSTFIN    4.10 UP-DOWN
   FORTUNE    13.10 DOWN
   FUWANGCER    11.10 DOWN
   FUWANGFOOD    8.80 DOWN
   GBBPOWER    11.70 UP
   GEMINISEA    105.60 DOWN
   GENEXIL    29.80 DOWN
   GENNEXT    2.70 UP
   GHAIL    11.40 UP
   GHCL    19.20 UP
   GLDNJMF    8.30 DOWN
   GLOBALINS    39.40 DOWN
   GOLDENSON    10.40 DOWN
   GP    239.00 UP
   GPHISPAT    16.20 UP
   GQBALLPEN    610.90 UP
   GRAMEENS2    11.70 UP-DOWN
   GREENDELMF    4.70 UP-DOWN
   GREENDELT    63.20 DOWN
   GSPFINANCE    3.40 UP
   HAKKANIPUL    66.10 UP-DOWN
   HAMI    143.00 UP
   HEIDELBCEM    204.00 DOWN
   HFL    10.10 UP-DOWN
   HRTEX    16.40 UP-DOWN
   HWAWELLTEX    44.90 UP
   IBBL2PBOND    3799.00 UP
   IBNSINA    300.90 DOWN
   IBP    12.70 DOWN
   ICB    37.00 DOWN
   ICB3RDNRB    5.80 DOWN
   ICBAGRANI1    7.70 DOWN
   ICBAMCL2ND    9.30 DOWN
   ICBEPMF1S1    5.90 DOWN
   ICBIBANK    2.60 UP-DOWN
   ICBSONALI1    8.10 DOWN
   ICICL    36.40 DOWN
   IDLC    41.20 UP
   IFADAUTOS    22.30 UP-DOWN
   IFIC    4.80 UP-DOWN
   IFIC1STMF    3.70 UP-DOWN
   IFILISLMF1    5.60 DOWN
   INDEXAGRO    66.90 DOWN
   INTECH    21.20 DOWN
   INTRACO    24.10 UP
   IPDC    30.00 UP
   ISLAMIBANK    25.20 UP
   ISLAMICFIN    10.10 UP
   ISLAMIINS    71.40 DOWN
   ISNLTD    48.40 DOWN
   ITC    39.90 DOWN
   JAMUNABANK    23.20 UP
   JAMUNAOIL    179.20 DOWN
   JANATAINS    29.80 DOWN
   JHRML    41.20 DOWN
   JMISMDL    122.70 UP
   JUTESPINN    204.90 UP
   KARNAPHULI    52.60 UP
   KAY&QUE    391.10 DOWN
   KBPPWBIL    32.90 DOWN
   KDSALTD    41.10 DOWN
   KEYACOSMET    5.00 UP-DOWN
   KOHINOOR    508.30 DOWN
   KPCL    10.10 UP-DOWN
   KPPL    13.00 UP-DOWN
   KTL    13.00 UP
   LANKABAFIN    13.30 DOWN
   LEGACYFOOT    66.00 UP
   LHB    52.20 DOWN
   LIBRAINFU    500.10 DOWN
   LINDEBD    649.20 DOWN
   LOVELLO    47.70 DOWN
   LRBDL    12.20 DOWN
   LRGLOBMF1    4.20 UP-DOWN
   MAGURAPLEX    78.40 DOWN
   MAKSONSPIN    4.70 UP-DOWN
   MALEKSPIN    46.70 UP
   MARICO    2646.00 DOWN
   MATINSPINN    74.70 UP
   MBL1STMF    9.10 UP
   MEGCONMILK    29.90 UP
   MEGHNACEM    28.80 UP-DOWN
   MEGHNAINS    31.60 UP
   MEGHNALIFE    49.20 UP
   MEGHNAPET    71.80 UP
   MERCANBANK    6.30 UP
   MERCINS    44.10 UP-DOWN
   METROSPIN    9.30 UP
   MHSML    17.00 DOWN
   MIDASFIN    4.70 UP-DOWN
   MIDLANDBNK    16.20 DOWN
   MIRACLEIND    26.50 UP
   MIRAKHTER    31.20 DOWN
   MITHUNKNIT    12.50 DOWN
   MJLBD    90.00 UP
   MLDYEING    10.30 DOWN
   MONNOAGML    296.50 DOWN
   MONNOCERA    77.80 DOWN
   MONNOFABR    16.70 UP-DOWN
   MONOSPOOL    102.90 UP
   MPETROLEUM    205.30 DOWN
   MTB    12.80 UP-DOWN
   NAHEEACP    37.00 DOWN
   NATLIFEINS    91.30 UP
   NAVANACNG    18.60 DOWN
   NAVANAPHAR    60.20 DOWN
   NBL    3.90 UP-DOWN
   NCCBANK    14.40 UP-DOWN
   NCCBLMF1    5.80 UP-DOWN
   NEWLINE    4.50 UP-DOWN
   NFML    12.70 DOWN
   NHFIL    24.90 DOWN
   NITOLINS    55.50 DOWN
   NORTHERN    98.70 UP
   NORTHRNINS    33.20 DOWN
   NPOLYMER    27.80 DOWN
   NRBBANK    6.90 UP-DOWN
   NRBCBANK    9.30 UP
   NTC    149.90 DOWN
   NTLTUBES    58.50 DOWN
   NURANI    2.70 UP-DOWN
   OAL    5.70 UP-DOWN
   OIMEX    13.30 UP
   OLYMPIC    139.00 UP
   ONEBANKPLC    7.00 UP
   ORIONINFU    241.00 DOWN
   ORIONPHARM    27.70 DOWN
   PADMALIFE    14.60 UP-DOWN
   PADMAOIL    195.10 UP
   PARAMOUNT    64.00 UP-DOWN
   PDL    5.20 UP
   PENINSULA    16.80 DOWN
   PEOPLESINS    57.40 UP
   PF1STMF    11.80 DOWN
   PHARMAID    547.00 DOWN
   PHENIXINS    43.90 DOWN
   PHOENIXFIN    3.50 UP
   PHPMF1    3.40 UP-DOWN
   PIONEERINS    65.30 DOWN
   PLFSL    1.60 UP-DOWN
   POPULAR1MF    3.40 UP-DOWN
   POPULARLIF    54.00 UP
   POWERGRID    38.00 UP-DOWN
   PRAGATIINS    70.00 DOWN
   PRAGATILIF    134.10 DOWN
   PREMIERBAN    5.70 UP-DOWN
   PREMIERCEM    40.10 DOWN
   PREMIERLEA    1.80 UP-DOWN
   PRIME1ICBA    6.80 DOWN
   PRIMEBANK    28.20 UP
   PRIMEFIN    2.50 UP-DOWN
   PRIMEINSUR    45.80 UP
   PRIMELIFE    35.40 UP-DOWN
   PRIMETEX    13.20 DOWN
   PROGRESLIF    35.00 UP
   PROVATIINS    56.70 UP
   PTL    77.50 UP
   PUBALIBANK    40.00 DOWN
   PURABIGEN    26.50 UP
   QUASEMIND    38.60 DOWN
   QUEENSOUTH    12.60 UP-DOWN
   RAHIMAFOOD    67.60 UP
   RAHIMTEXT    173.60 UP
   RAKCERAMIC    25.10 DOWN
   RANFOUNDRY    147.60 DOWN
   RDFOOD    20.70 DOWN
   RECKITTBEN    3248.00 DOWN
   REGENTTEX    5.00 DOWN
   RELIANCE1    11.20 DOWN
   RELIANCINS    94.60 DOWN
   RENATA    444.00 DOWN
   RENWICKJA    780.00 DOWN
   REPUBLIC    35.10 UP-DOWN
   RINGSHINE    3.40 UP
   ROBI    29.70 UP-DOWN
   RSRMSTEEL    6.70 UP
   RUNNERAUTO    43.30 UP
   RUPALIBANK    16.00 UP-DOWN
   RUPALIINS    27.00 UP
   RUPALILIFE    77.00 DOWN
   SAFKOSPINN    21.50 UP-DOWN
   SAIFPOWER    6.30 UP-DOWN
   SAIHAMCOT    21.00 DOWN
   SAIHAMTEX    47.70 UP
   SALAMCRST    11.80 UP-DOWN
   SALVO    28.70 DOWN
   SAMATALETH    95.40 UP
   SAMORITA    88.90 UP
   SANDHANINS    22.40 DOWN
   SAPORTL    57.30 UP
   SBACBANK    6.90 UP
   SEAPEARL    33.70 DOWN
   SEMLFBSLGF    6.50 DOWN
   SHAHJABANK    17.20 UP-DOWN
   SHARPIND    12.50 DOWN
   SHASHADNIM    27.00 DOWN
   SHEPHERD    10.90 DOWN
   SHURWID    4.90 DOWN
   SHYAMPSUG    297.00 UP
   SICL    31.60 DOWN
   SILCOPHL    14.70 DOWN
   SILVAPHL    9.50 DOWN
   SIMTEX    24.60 UP-DOWN
   SINGERBD    75.50 DOWN
   SINOBANGLA    46.60 UP-DOWN
   SIPLC    132.40 DOWN
   SKTRIMS    13.20 UP
   SONALIANSH    236.80 UP
   SONALILIFE    105.00 UP
   SONALIPAPR    221.70 UP
   SONARBAINS    39.10 UP
   SONARGAON    125.00 DOWN
   SOUTHEASTB    11.30 UP
   SPCERAMICS    22.10 DOWN
   SPCL    52.70 UP
   SQUARETEXT    48.30 DOWN
   SQURPHARMA    218.90 DOWN
   SSSTEEL    5.30 UP
   STANCERAM    65.00 UP
   STANDARINS    46.80 DOWN
   STANDBANKL    4.30 UP-DOWN
   STYLECRAFT    49.00 DOWN
   SUMITPOWER    15.20 DOWN
   SUNLIFEINS    50.30 DOWN
   TAKAFULINS    46.70 UP
   TAMIJTEX    109.50 UP
   TB20Y0744    140.42 UP
   TB20Y0831    107.63 UP
   TB20Y1242    102.13 DOWN
   TECHNODRUG    32.30 DOWN
   TILIL    43.90 DOWN
   TITASGAS    16.90 UP
   TOSRIFA    17.60 DOWN
   TRUSTB1MF    3.40 UP-DOWN
   TRUSTBANK    13.00 UP-DOWN
   TUNGHAI    5.40 UP-DOWN
   UCB    8.10 DOWN
   UNILEVERCL    1977.40 UP
   UNIONCAP    4.10 UP-DOWN
   UNIONINS    44.50 DOWN
   UNIQUEHRL    39.80 DOWN
   UNITEDFIN    15.80 UP-DOWN
   UNITEDINS    55.50 DOWN
   UPGDCL    113.20 UP
   USMANIAGL    53.40 DOWN
   UTTARABANK    21.00 UP-DOWN
   UTTARAFIN    11.00 UP
   VFSTDL    11.40 UP-DOWN
   WALTONHIL    329.20 UP
   WATACHEM    126.70 DOWN
   WMSHIPYARD    7.80 UP-DOWN
   YPL    19.40 UP-DOWN
   ZAHEENSPIN    4.60 UP
   ZAHINTEX    7.30 DOWN
   ZEALBANGLA    169.50 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).