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   1JANATAMF    3.50 UP
   1STPRIMFMF    32.60 UP
   AAMRANET    18.50 UP
   AAMRATECH    16.10 UP
   ABB1STMF    3.40 UP-DOWN
   ABBANK    4.40 UP-DOWN
   ACFL    21.90 DOWN
   ACI    179.90 DOWN
   ACIFORMULA    144.40 DOWN
   ACMELAB    77.30 DOWN
   ACMEPL    23.80 DOWN
   ACTIVEFINE    4.70 DOWN
   ADNTEL    55.30 UP
   ADVENT    13.20 UP-DOWN
   AFCAGRO    4.90 UP-DOWN
   AFTABAUTO    25.30 DOWN
   AGNISYSL    25.30 DOWN
   AGRANINS    28.80 UP
   AIBL1STIMF    5.40 UP
   AIL    27.60 UP
   AL-HAJTEX    74.00 DOWN
   ALARABANK    15.20 DOWN
   ALIF    4.40 UP
   ALLTEX    27.90 DOWN
   AMANFEED    27.90 DOWN
   AMBEEPHA    747.50 UP
   AMCL(PRAN)    209.40 UP
   ANLIMAYARN    30.90 DOWN
   ANWARGALV    119.10 DOWN
   AOL    16.60 DOWN
   APEXFOODS    296.20 DOWN
   APEXFOOT    168.50 UP
   APEXSPINN    405.50 DOWN
   APEXTANRY    73.50 DOWN
   APOLOISPAT    2.40 UP
   ARAMIT    174.00 DOWN
   ARAMITCEM    11.00 UP-DOWN
   ARGONDENIM    19.90 UP-DOWN
   ASIAINS    38.90 UP
   ASIAPACINS    45.00 DOWN
   ASIATICLAB    108.00 UP
   ATLASBANG    82.20 UP
   AZIZPIPES    101.80 DOWN
   BANKASIA    16.90 UP
   BARKAPOWER    9.50 DOWN
   BATASHOE    887.00 DOWN
   BATBC    217.00 DOWN
   BAYLEASING    4.30 UP
   BBS    10.30 DOWN
   BBSCABLES    14.60 DOWN
   BDAUTOCA    172.90 UP
   BDCOM    26.00 DOWN
   BDFINANCE    11.20 UP
   BDLAMPS    228.60 DOWN
   BDTHAI    12.20 UP-DOWN
   BDTHAIFOOD    16.40 DOWN
   BDWELDING    10.20 UP
   BEACHHATCH    23.50 UP
   BEACONPHAR    96.50 DOWN
   BENGALWTL    20.30 UP
   BERGERPBL    1464.00 DOWN
   BESTHLDNG    13.90 DOWN
   BEXGSUKUK    75.00 UP-DOWN
   BEXIMCO    21.00 UP-DOWN
   BGIC    38.20 UP
   BIFC    3.60 UP-DOWN
   BNIPLC    155.60 DOWN
   BPML    27.20 DOWN
   BPPL    19.90 DOWN
   BRACBANK    67.10 UP
   BSC    106.50 DOWN
   BSCPLC    144.80 DOWN
   BSRMLTD    96.00 UP-DOWN
   BSRMSTEEL    90.30 UP
   BXPHARMA    144.50 UP
   CAPITECGBF    7.90 UP
   CAPMIBBLMF    15.50 UP
   CENTRALINS    42.50 UP-DOWN
   CENTRALPHL    8.40 UP
   CITYBANK    29.50 UP
   CITYGENINS    130.50 DOWN
   CLICL    45.80 UP
   CNATEX    2.60 UP-DOWN
   CONFIDCEM    58.20 UP
   CONTININS    30.90 UP
   COPPERTECH    22.20 UP
   CROWNCEMNT    55.00 DOWN
   CRYSTALINS    62.90 UP
   CVOPRL    161.90 DOWN
   DACCADYE    15.40 UP
   DAFODILCOM    161.60 UP
   DBH    39.20 DOWN
   DBH1STMF    5.40 UP
   DELTALIFE    68.90 UP
   DELTASPINN    7.50 DOWN
   DESCO    23.30 UP
   DESHBANDHU    14.50 DOWN
   DGIC    41.00 UP-DOWN
   DHAKABANK    10.90 UP
   DHAKAINS    41.30 DOWN
   DOMINAGE    61.90 DOWN
   DOREENPWR    31.90 UP-DOWN
   DSHGARME    129.00 DOWN
   DSSL    9.20 UP
   DULAMIACOT    189.10 DOWN
   DUTCHBANGL    46.00 UP
   EASTERNINS    56.60 DOWN
   EASTLAND    26.10 UP
   EASTRNLUB    2009.50 UP
   EBL    23.10 UP
   EBL1STMF    4.10 UP-DOWN
   EBLNRBMF    3.40 UP
   ECABLES    119.30 UP
   EGEN    19.90 UP-DOWN
   EHL    74.80 UP-DOWN
   EIL    31.40 UP
   EMERALDOIL    27.00 DOWN
   EPGL    14.90 UP-DOWN
   ESQUIRENIT    21.50 UP-DOWN
   ETL    13.50 UP
   EXIM1STMF    5.80 UP
   FAMILYTEX    2.20 UP-DOWN
   FARCHEM    16.00 UP
   FAREASTLIF    16.50 DOWN
   FBFIF    3.30 UP
   FEDERALINS    25.90 UP
   FEKDIL    19.10 DOWN
   FINEFOODS    444.20 UP
   FIRSTFIN    4.20 UP
   FORTUNE    13.00 DOWN
   FUWANGCER    10.90 DOWN
   FUWANGFOOD    8.80 UP-DOWN
   GBBPOWER    11.90 UP
   GEMINISEA    106.00 UP-DOWN
   GENEXIL    29.80 DOWN
   GENNEXT    2.60 UP-DOWN
   GHAIL    11.30 UP-DOWN
   GHCL    19.30 UP
   GLDNJMF    8.60 UP
   GLOBALINS    39.80 UP
   GOLDENSON    10.20 DOWN
   GP    238.50 DOWN
   GPHISPAT    16.30 UP
   GQBALLPEN    609.60 UP
   GRAMEENS2    11.90 UP
   GREENDELMF    4.60 UP-DOWN
   GREENDELT    63.20 UP
   GSPFINANCE    3.50 UP
   HAKKANIPUL    65.50 DOWN
   HAMI    143.80 UP
   HEIDELBCEM    204.00 DOWN
   HFL    9.90 UP
   HRTEX    16.40 UP
   HWAWELLTEX    44.80 UP
   IBP    12.60 DOWN
   ICB    37.10 UP-DOWN
   ICB3RDNRB    6.00 UP
   ICBAGRANI1    7.90 UP
   ICBAMCL2ND    9.60 UP
   ICBEPMF1S1    6.20 UP
   ICBIBANK    2.60 UP-DOWN
   ICBSONALI1    8.60 UP
   ICICL    36.40 UP
   IDLC    41.40 UP-DOWN
   IFADAUTOS    22.30 DOWN
   IFIC    4.90 UP-DOWN
   IFIC1STMF    3.80 UP
   IFILISLMF1    5.80 UP
   INDEXAGRO    66.60 DOWN
   INTECH    21.20 UP-DOWN
   INTRACO    24.10 UP
   IPDC    30.70 UP
   ISLAMIBANK    24.80 DOWN
   ISLAMICFIN    10.10 UP
   ISLAMIINS    71.80 UP
   ISNLTD    47.10 DOWN
   ITC    39.60 UP
   JAMUNABANK    23.10 DOWN
   JAMUNAOIL    178.60 DOWN
   JANATAINS    30.20 UP
   JHRML    41.20 DOWN
   JMISMDL    121.60 DOWN
   JUTESPINN    204.00 UP
   KARNAPHULI    51.90 DOWN
   KAY&QUE    406.10 UP
   KBPPWBIL    33.00 DOWN
   KDSALTD    40.90 UP-DOWN
   KEYACOSMET    5.10 UP
   KOHINOOR    507.00 UP-DOWN
   KPCL    10.10 UP
   KPPL    12.90 DOWN
   KTL    13.60 UP
   LANKABAFIN    13.40 UP-DOWN
   LEGACYFOOT    65.80 DOWN
   LHB    52.20 DOWN
   LIBRAINFU    501.00 DOWN
   LINDEBD    641.00 DOWN
   LOVELLO    47.90 UP-DOWN
   LRBDL    12.00 UP-DOWN
   LRGLOBMF1    4.20 UP
   MAGURAPLEX    78.50 UP
   MAKSONSPIN    4.80 UP
   MALEKSPIN    45.90 DOWN
   MARICO    2644.90 DOWN
   MATINSPINN    77.00 UP
   MBL1STMF    9.40 UP
   MEGCONMILK    29.70 UP
   MEGHNACEM    28.90 UP-DOWN
   MEGHNAINS    31.80 UP-DOWN
   MEGHNALIFE    49.40 UP
   MEGHNAPET    67.00 DOWN
   MERCANBANK    6.30 UP-DOWN
   MERCINS    43.80 DOWN
   METROSPIN    8.90 UP-DOWN
   MHSML    16.90 DOWN
   MIDASFIN    4.80 UP
   MIDLANDBNK    16.30 UP
   MIRACLEIND    26.00 DOWN
   MIRAKHTER    30.70 DOWN
   MITHUNKNIT    12.80 UP
   MJLBD    90.10 UP
   MLDYEING    9.80 DOWN
   MONNOAGML    294.00 DOWN
   MONNOCERA    76.80 DOWN
   MONNOFABR    16.50 UP-DOWN
   MONOSPOOL    102.90 DOWN
   MPETROLEUM    207.90 UP
   MTB    12.80 UP-DOWN
   NAHEEACP    38.70 UP
   NATLIFEINS    91.10 UP
   NAVANACNG    18.60 UP
   NAVANAPHAR    61.50 UP
   NBL    3.80 UP-DOWN
   NCCBANK    14.50 UP
   NCCBLMF1    5.90 UP
   NEWLINE    4.60 UP-DOWN
   NFML    12.80 UP
   NHFIL    25.00 UP
   NITOLINS    57.00 UP
   NORTHERN    96.60 UP
   NORTHRNINS    32.80 UP-DOWN
   NPOLYMER    27.40 UP
   NRBBANK    6.90 UP-DOWN
   NRBCBANK    9.20 UP-DOWN
   NTC    148.50 UP
   NTLTUBES    58.70 UP-DOWN
   NURANI    2.70 UP-DOWN
   OAL    5.60 UP-DOWN
   OIMEX    13.30 UP
   OLYMPIC    137.90 DOWN
   ONEBANKPLC    6.90 UP-DOWN
   ORIONINFU    238.50 DOWN
   ORIONPHARM    27.70 UP
   PADMALIFE    15.30 UP
   PADMAOIL    195.00 UP
   PARAMOUNT    64.30 UP
   PDL    5.00 UP-DOWN
   PENINSULA    17.00 UP
   PEOPLESINS    57.50 UP
   PF1STMF    12.20 UP
   PHARMAID    541.30 DOWN
   PHENIXINS    43.60 DOWN
   PHOENIXFIN    3.50 UP
   PHPMF1    3.40 UP
   PIONEERINS    65.50 UP
   PLFSL    1.70 UP
   POPULAR1MF    3.40 UP-DOWN
   POPULARLIF    53.70 UP
   POWERGRID    38.90 UP
   PRAGATIINS    69.50 DOWN
   PRAGATILIF    134.80 UP
   PREMIERBAN    5.60 UP-DOWN
   PREMIERCEM    40.00 UP
   PREMIERLEA    1.80 UP-DOWN
   PRIME1ICBA    7.10 UP
   PRIMEBANK    29.10 UP
   PRIMEFIN    2.50 UP-DOWN
   PRIMEINSUR    45.80 UP
   PRIMELIFE    35.60 UP
   PRIMETEX    13.20 UP-DOWN
   PROGRESLIF    35.00 UP
   PROVATIINS    55.40 DOWN
   PTL    78.70 UP
   PUBALIBANK    40.20 UP
   PURABIGEN    27.90 UP
   QUASEMIND    38.60 DOWN
   QUEENSOUTH    12.40 DOWN
   RAHIMAFOOD    66.60 UP
   RAHIMTEXT    178.90 UP
   RAKCERAMIC    25.30 UP
   RANFOUNDRY    145.90 DOWN
   RDFOOD    21.20 UP
   RECKITTBEN    3247.10 DOWN
   REGENTTEX    5.00 UP
   RELIANCE1    11.50 UP
   RELIANCINS    93.70 DOWN
   RENATA    442.80 DOWN
   RENWICKJA    832.10 UP
   REPUBLIC    35.40 UP
   RINGSHINE    3.40 UP
   ROBI    29.70 UP
   RSRMSTEEL    7.20 UP
   RUNNERAUTO    44.60 UP
   RUPALIBANK    15.90 UP-DOWN
   RUPALIINS    27.60 UP
   RUPALILIFE    76.70 DOWN
   SAFKOSPINN    21.20 DOWN
   SAIFPOWER    6.20 UP-DOWN
   SAIHAMCOT    20.80 UP
   SAIHAMTEX    48.00 UP
   SALAMCRST    11.70 DOWN
   SALVO    28.80 DOWN
   SAMATALETH    93.50 DOWN
   SAMORITA    86.50 DOWN
   SANDHANINS    22.50 UP
   SAPORTL    58.40 UP
   SBACBANK    6.70 DOWN
   SEAPEARL    33.80 DOWN
   SEMLFBSLGF    6.80 UP
   SHAHJABANK    17.10 DOWN
   SHARPIND    11.20 DOWN
   SHASHADNIM    26.70 DOWN
   SHEPHERD    10.80 DOWN
   SHURWID    4.90 UP
   SHYAMPSUG    304.90 UP
   SICL    32.10 UP
   SILCOPHL    14.80 UP
   SILVAPHL    9.50 UP-DOWN
   SIMTEX    24.60 UP-DOWN
   SINGERBD    76.40 UP
   SINOBANGLA    47.30 UP
   SIPLC    134.00 UP
   SKTRIMS    13.40 UP
   SONALIANSH    232.20 DOWN
   SONALILIFE    108.50 UP
   SONALIPAPR    219.50 DOWN
   SONARBAINS    40.50 UP-DOWN
   SONARGAON    126.30 DOWN
   SOUTHEASTB    11.30 UP-DOWN
   SPCERAMICS    22.10 UP-DOWN
   SPCL    53.20 UP
   SQUARETEXT    48.40 UP
   SQURPHARMA    219.80 UP
   SSSTEEL    5.40 UP
   STANCERAM    62.70 DOWN
   STANDARINS    46.60 UP
   STANDBANKL    4.20 UP-DOWN
   STYLECRAFT    48.50 DOWN
   SUMITPOWER    15.30 UP
   SUNLIFEINS    51.30 UP
   TAKAFULINS    46.30 DOWN
   TAMIJTEX    108.70 DOWN
   TECHNODRUG    32.90 UP
   TILIL    43.80 UP-DOWN
   TITASGAS    16.70 UP-DOWN
   TOSRIFA    17.50 DOWN
   TRUSTB1MF    3.50 UP
   TRUSTBANK    13.00 UP-DOWN
   TUNGHAI    5.20 DOWN
   UCB    8.20 UP
   UNILEVERCL    1987.30 DOWN
   UNIONCAP    4.10 UP-DOWN
   UNIONINS    44.50 UP
   UNIQUEHRL    39.80 UP
   UNITEDFIN    15.90 UP
   UNITEDINS    55.80 UP
   UPGDCL    113.30 UP
   USMANIAGL    53.70 UP
   UTTARABANK    21.00 UP-DOWN
   UTTARAFIN    11.30 UP
   VFSTDL    11.20 UP-DOWN
   WALTONHIL    330.30 UP
   WATACHEM    126.10 DOWN
   WMSHIPYARD    7.80 UP
   YPL    19.50 UP
   ZAHEENSPIN    4.70 UP
   ZAHINTEX    7.40 UP-DOWN
   ZEALBANGLA    171.00 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).