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   1JANATAMF    3.10 UP-DOWN
   1STPRIMFMF    18.80 DOWN
   AAMRANET    17.90 UP
   AAMRATECH    13.90 DOWN
   ABB1STMF    3.40 UP
   ABBANK    4.40 UP-DOWN
   ACFL    24.00 DOWN
   ACI    195.10 UP
   ACIFORMULA    145.00 UP
   ACMELAB    81.30 UP
   ACMEPL    24.40 DOWN
   ACTIVEFINE    7.10 UP
   ADNTEL    64.10 UP
   ADVENT    14.80 UP
   AFCAGRO    7.60 DOWN
   AFTABAUTO    29.80 UP-DOWN
   AGNISYSL    30.10 UP
   AGRANINS    25.80 UP
   AIBL1STIMF    4.20 UP
   AIL    33.00 UP-DOWN
   AL-HAJTEX    101.60 DOWN
   ALIF    5.40 UP-DOWN
   ALLTEX    16.70 DOWN
   AMANFEED    31.60 DOWN
   AMBEEPHA    780.50 UP
   AMCL(PRAN)    218.90 DOWN
   ANLIMAYARN    29.50 DOWN
   ANWARGALV    108.20 DOWN
   AOL    18.40 DOWN
   APEXFOODS    273.70 DOWN
   APEXFOOT    201.50 DOWN
   APEXSPINN    290.80 DOWN
   APEXTANRY    100.40 DOWN
   APOLOISPAT    3.40 UP-DOWN
   ARAMIT    179.40 DOWN
   ARAMITCEM    12.80 DOWN
   ARGONDENIM    18.30 UP-DOWN
   ASIAINS    39.70 UP
   ASIAPACINS    45.00 UP
   ASIATICLAB    129.40 DOWN
   ATLASBANG    70.00 DOWN
   AZIZPIPES    68.40 DOWN
   BANGAS    132.80 DOWN
   BANKASIA    18.10 UP
   BARKAPOWER    8.60 UP
   BATASHOE    845.00 DOWN
   BATBC    222.00 UP
   BAYLEASING    4.50 UP
   BBS    13.90 DOWN
   BBSCABLES    24.00 DOWN
   BDAUTOCA    218.80 DOWN
   BDCOM    29.70 DOWN
   BDFINANCE    12.50 DOWN
   BDLAMPS    181.50 DOWN
   BDTHAI    13.50 DOWN
   BDTHAIFOOD    25.90 DOWN
   BDWELDING    16.10 DOWN
   BEACHHATCH    30.70 UP
   BEACONPHAR    105.50 UP
   BENGALWTL    25.80 DOWN
   BERGERPBL    1396.70 UP
   BESTHLDNG    15.00 DOWN
   BEXGSUKUK    69.00 DOWN
   BEXIMCO    110.10 UP-DOWN
   BGIC    41.30 UP
   BIFC    4.40 DOWN
   BNICL    110.90 UP
   BPML    28.50 DOWN
   BPPL    19.50 DOWN
   BRACBANK    67.80 UP-DOWN
   BSC    107.30 DOWN
   BSCPLC    145.80 UP
   BSRMLTD    92.10 UP-DOWN
   BSRMSTEEL    78.10 UP
   BXPHARMA    126.70 UP
   CAPITECGBF    7.30 UP
   CAPMBDBLMF    10.20 DOWN
   CAPMIBBLMF    9.10 UP-DOWN
   CENTRALINS    41.70 UP
   CENTRALPHL    9.20 DOWN
   CITYBANK    29.10 UP-DOWN
   CITYGENINS    105.10 DOWN
   CLICL    56.50 UP
   CNATEX    3.30 DOWN
   CONFIDCEM    65.10 UP
   CONTININS    34.20 UP
   COPPERTECH    27.30 DOWN
   CROWNCEMNT    57.20 UP
   CRYSTALINS    75.50 DOWN
   CVOPRL    162.30 DOWN
   DACCADYE    16.10 DOWN
   DAFODILCOM    136.70 DOWN
   DBH    39.10 UP
   DBH1STMF    4.70 UP
   DELTASPINN    6.70 UP
   DESCO    23.80 UP
   DESHBANDHU    19.90 DOWN
   DGIC    26.30 UP
   DHAKABANK    11.70 UP
   DHAKAINS    44.60 UP
   DOMINAGE    80.30 UP
   DOREENPWR    31.90 DOWN
   DSHGARME    147.20 DOWN
   DSSL    9.70 DOWN
   DULAMIACOT    142.50 DOWN
   DUTCHBANGL    39.90 UP
   EASTERNINS    60.30 UP
   EASTLAND    25.80 UP
   EASTRNLUB    1828.90 DOWN
   EBL    24.80 DOWN
   EBL1STMF    3.80 UP-DOWN
   EBLNRBMF    3.10 UP-DOWN
   ECABLES    126.00 DOWN
   EGEN    25.80 DOWN
   EHL    90.80 DOWN
   EIL    29.70 UP
   EMERALDOIL    23.80 DOWN
   ENVOYTEX    50.50 UP
   EPGL    18.80 DOWN
   ESQUIRENIT    24.20 DOWN
   ETL    11.50 DOWN
   EXIM1STMF    3.60 UP-DOWN
   FAMILYTEX    2.80 UP-DOWN
   FARCHEM    18.60 DOWN
   FAREASTFIN    1.70 UP
   FAREASTLIF    23.10 UP
   FASFIN    1.70 UP
   FBFIF    3.10 UP-DOWN
   FEDERALINS    26.80 UP
   FEKDIL    15.20 DOWN
   FINEFOODS    563.00 DOWN
   FIRSTFIN    4.20 DOWN
   FORTUNE    14.60 UP
   FUWANGCER    13.60 DOWN
   FUWANGFOOD    11.10 DOWN
   GBBPOWER    8.70 UP-DOWN
   GEMINISEA    122.40 UP
   GENEXIL    34.00 DOWN
   GENNEXT    3.10 DOWN
   GHAIL    13.60 DOWN
   GHCL    20.80 DOWN
   GLDNJMF    6.50 UP-DOWN
   GLOBALINS    35.80 UP
   GOLDENSON    16.10 DOWN
   GP    246.20 UP
   GPHISPAT    17.80 UP
   GQBALLPEN    690.00 DOWN
   GRAMEENS2    12.40 UP
   GREENDELMF    3.60 UP
   GREENDELT    61.60 UP
   GSPFINANCE    3.80 DOWN
   HAKKANIPUL    79.30 DOWN
   HAMI    165.30 DOWN
   HEIDELBCEM    247.00 DOWN
   HFL    15.90 DOWN
   HRTEX    20.90 DOWN
   HWAWELLTEX    44.10 DOWN
   IBBL2PBOND    4150.00 UP
   IBBLPBOND    670.00 DOWN
   IBNSINA    316.60 UP
   IBP    15.00 DOWN
   ICB    42.80 UP
   ICB3RDNRB    4.70 UP
   ICBAGRANI1    6.80 UP
   ICBAMCL2ND    6.10 UP-DOWN
   ICBEPMF1S1    7.00 DOWN
   ICBIBANK    2.80 UP-DOWN
   ICBSONALI1    5.00 UP-DOWN
   IDLC    40.50 UP
   IFADAUTOS    25.00 UP-DOWN
   IFIC    4.50 UP-DOWN
   IFIC1STMF    3.60 UP-DOWN
   IFILISLMF1    4.30 UP
   ILFSL    1.60 UP
   INDEXAGRO    76.70 UP
   INTECH    36.40 DOWN
   INTRACO    18.40 UP
   IPDC    21.20 UP
   ISLAMIBANK    32.60 UP-DOWN
   ISLAMICFIN    11.30 UP
   ISLAMIINS    57.20 UP
   ISNLTD    63.70 DOWN
   ITC    41.50 DOWN
   JAMUNABANK    24.30 UP-DOWN
   JAMUNAOIL    172.20 UP
   JANATAINS    37.10 UP
   JHRML    51.30 UP
   JMISMDL    129.70 UP
   JUTESPINN    217.00 DOWN
   KAY&QUE    470.40 DOWN
   KBPPWBIL    48.10 DOWN
   KDSALTD    50.60 DOWN
   KEYACOSMET    4.90 UP-DOWN
   KOHINOOR    510.70 UP
   KPCL    11.00 UP
   KPPL    17.00 UP
   KTL    10.30 UP
   LANKABAFIN    15.00 UP
   LEGACYFOOT    70.50 DOWN
   LHB    54.90 UP
   LIBRAINFU    660.50 UP
   LINDEBD    706.40 UP
   LOVELLO    74.20 DOWN
   LRBDL    11.30 UP
   LRGLOBMF1    3.50 UP
   MAGURAPLEX    85.90 DOWN
   MAKSONSPIN    5.90 DOWN
   MALEKSPIN    30.00 UP
   MARICO    2750.00 UP
   MATINSPINN    50.10 UP
   MBL1STMF    3.90 UP-DOWN
   MEGCONMILK    42.20 DOWN
   MEGHNACEM    31.70 DOWN
   MEGHNAINS    33.00 UP
   MEGHNALIFE    60.00 UP
   MEGHNAPET    81.90 DOWN
   MERCANBANK    7.20 UP
   MERCINS    33.50 UP
   METROSPIN    9.80 DOWN
   MHSML    22.00 DOWN
   MIDASFIN    6.10 UP
   MIDLANDBNK    15.00 DOWN
   MIRACLEIND    28.00 DOWN
   MIRAKHTER    43.30 DOWN
   MITHUNKNIT    16.10 DOWN
   MJLBD    91.40 UP
   MLDYEING    9.70 DOWN
   MONNOAGML    354.80 DOWN
   MONNOCERA    98.60 DOWN
   MONNOFABR    23.10 DOWN
   MONOSPOOL    106.90 DOWN
   MPETROLEUM    208.90 UP
   MTB    12.60 UP
   NAHEEACP    41.10 UP
   NAVANACNG    21.10 DOWN
   NAVANAPHAR    72.50 DOWN
   NBL    3.90 UP-DOWN
   NCCBANK    15.60 UP
   NCCBLMF1    4.30 UP
   NEWLINE    5.80 UP-DOWN
   NFML    16.20 DOWN
   NHFIL    26.40 UP
   NITOLINS    34.50 UP
   NORTHERN    111.90 DOWN
   NORTHRNINS    43.10 UP
   NPOLYMER    33.50 DOWN
   NRBBANK    6.00 UP
   NRBCBANK    7.40 UP
   NTC    159.00 DOWN
   NTLTUBES    61.70 DOWN
   NURANI    3.40 UP-DOWN
   OAL    6.30 UP-DOWN
   OIMEX    15.10 DOWN
   OLYMPIC    150.10 UP
   ONEBANKPLC    8.50 UP
   ORIONINFU    311.30 DOWN
   ORIONPHARM    27.60 UP
   PADMALIFE    18.70 UP
   PADMAOIL    182.60 UP
   PARAMOUNT    57.70 UP
   PDL    5.70 UP-DOWN
   PENINSULA    23.40 UP
   PEOPLESINS    52.90 UP
   PF1STMF    8.20 DOWN
   PHARMAID    582.20 UP
   PHOENIXFIN    3.50 UP-DOWN
   PHPMF1    3.20 UP
   PIONEERINS    64.90 UP
   PLFSL    1.60 UP-DOWN
   POPULAR1MF    3.20 UP
   POPULARLIF    61.70 UP
   POWERGRID    36.60 UP
   PRAGATIINS    73.70 UP
   PRAGATILIF    187.60 DOWN
   PREMIERBAN    4.10 UP
   PREMIERCEM    51.60 UP
   PREMIERLEA    2.50 DOWN
   PRIME1ICBA    4.70 UP
   PRIMEBANK    29.60 UP
   PRIMEFIN    3.10 DOWN
   PRIMEINSUR    39.90 UP
   PRIMELIFE    44.10 UP
   PRIMETEX    19.50 DOWN
   PROGRESLIF    43.80 UP
   PROVATIINS    49.00 UP
   PTL    62.40 UP
   PUBALIBANK    34.70 UP-DOWN
   PURABIGEN    34.40 UP
   QUASEMIND    45.20 DOWN
   QUEENSOUTH    13.50 DOWN
   RAHIMAFOOD    102.30 DOWN
   RAHIMTEXT    200.20 DOWN
   RAKCERAMIC    25.40 UP
   RANFOUNDRY    156.00 DOWN
   RDFOOD    28.10 DOWN
   RECKITTBEN    3295.00 UP
   REGENTTEX    7.30 UP
   RELIANCE1    10.50 UP-DOWN
   RELIANCINS    113.00 UP
   RENATA    426.40 UP
   RENWICKJA    556.70 UP
   REPUBLIC    34.90 UP
   RINGSHINE    3.60 UP-DOWN
   ROBI    30.80 UP
   RSRMSTEEL    8.20 DOWN
   RUNNERAUTO    41.90 UP
   RUPALIBANK    16.40 DOWN
   RUPALIINS    27.50 DOWN
   RUPALILIFE    92.00 UP-DOWN
   SAFKOSPINN    20.70 DOWN
   SAIFPOWER    6.90 DOWN
   SAIHAMCOT    19.40 DOWN
   SAIHAMTEX    18.10 UP-DOWN
   SALAMCRST    15.40 DOWN
   SALVO    38.20 DOWN
   SAMATALETH    112.30 UP
   SAMORITA    70.20 DOWN
   SANDHANINS    25.00 UP
   SAPORTL    48.60 DOWN
   SBACBANK    6.30 DOWN
   SEAPEARL    37.00 DOWN
   SEMLFBSLGF    5.50 UP
   SEMLIBBLSF    6.20 UP-DOWN
   SHAHJABANK    16.60 UP
   SHARPIND    17.00 UP
   SHASHADNIM    23.10 DOWN
   SHEPHERD    16.30 DOWN
   SHURWID    7.10 UP
   SHYAMPSUG    179.50 UP
   SICL    40.60 UP
   SILCOPHL    20.90 UP
   SILVAPHL    13.20 DOWN
   SIMTEX    24.90 UP
   SINGERBD    83.90 UP
   SINOBANGLA    55.90 DOWN
   SIPLC    87.60 UP
   SJIBLPBOND    5310.00 UP
   SKTRIMS    13.40 DOWN
   SONALIANSH    185.40 DOWN
   SONALILIFE    85.50 UP
   SONALIPAPR    234.50 DOWN
   SONARBAINS    43.70 UP
   SONARGAON    71.80 UP
   SOUTHEASTB    9.70 DOWN
   SPCERAMICS    23.40 DOWN
   SPCL    55.50 UP
   SQUARETEXT    47.50 UP
   SQURPHARMA    215.00 UP
   SSSTEEL    5.50 UP
   STANCERAM    71.50 DOWN
   STANDARINS    50.60 DOWN
   STANDBANKL    4.60 UP
   STYLECRAFT    54.70 DOWN
   SUMITPOWER    14.70 UP
   SUNLIFEINS    78.80 UP
   TAKAFULINS    37.20 UP
   TALLUSPIN    8.40 UP
   TAMIJTEX    129.40 DOWN
   TB20Y0545    111.89 UP
   TB2Y1126    99.99 DOWN
   TB5Y0529    105.95 DOWN
   TB5Y1130    101.36 DOWN
   TB5Y1229    109.04 UP
   TECHNODRUG    43.60 DOWN
   TILIL    49.00 UP
   TITASGAS    17.20 UP
   TOSRIFA    19.60 DOWN
   TRUSTB1MF    3.20 UP
   TRUSTBANK    16.80 UP
   TUNGHAI    3.20 UP
   UCB    8.70 UP-DOWN
   UNILEVERCL    2103.70 UP
   UNIONCAP    4.60 UP-DOWN
   UNIONINS    40.10 UP
   UNIQUEHRL    40.70 UP
   UNITEDFIN    13.30 UP
   UNITEDINS    44.10 UP
   UPGDCL    122.90 UP
   USMANIAGL    40.50 UP
   UTTARABANK    21.10 UP
   UTTARAFIN    13.80 UP
   VAMLRBBF    6.20 UP
   VFSTDL    15.10 DOWN
   WALTONHIL    375.50 UP
   WATACHEM    137.20 DOWN
   WMSHIPYARD    8.90 DOWN
   YPL    24.60 DOWN
   ZAHEENSPIN    5.70 DOWN
   ZAHINTEX    8.80 UP
   ZEALBANGLA    125.80 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 currently working as Research Analyst. He has over three years of work experience in Egypt, covering MENA. Before joining BRAC EPL, he worked as an Equity Analyst in 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).