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   1JANATAMF    4.00 UP
   1STPRIMFMF    24.90 UP
   AAMRANET    20.90 DOWN
   AAMRATECH    22.10 DOWN
   ABB1STMF    4.00 UP-DOWN
   ABBANK    5.00 UP
   ACFL    23.90 UP
   ACI    200.20 UP
   ACIFORMULA    177.30 UP
   ACMELAB    83.50 UP
   ACMEPL    24.80 UP
   ACTIVEFINE    6.70 DOWN
   ADNTEL    67.30 UP
   ADVENT    16.30 UP
   AFCAGRO    7.20 UP-DOWN
   AFTABAUTO    30.40 DOWN
   AGNISYSL    32.20 UP
   AGRANINS    32.10 DOWN
   AIBL1STIMF    6.50 UP-DOWN
   AIBLPBOND    3950.00 UP-DOWN
   AIL    37.80 UP
   AL-HAJTEX    98.30 UP
   ALARABANK    16.10 UP
   ALIF    5.60 UP
   ALLTEX    23.30 UP
   AMANFEED    38.20 DOWN
   AMBEEPHA    796.10 UP
   AMCL(PRAN)    230.90 DOWN
   ANLIMAYARN    34.90 DOWN
   ANWARGALV    115.10 UP
   AOL    18.80 UP
   APEXFOODS    296.00 UP
   APEXFOOT    217.20 UP
   APEXSPINN    350.70 DOWN
   APEXTANRY    105.20 DOWN
   APOLOISPAT    3.40 UP
   ARAMIT    205.00 DOWN
   ARAMITCEM    13.30 DOWN
   ARGONDENIM    23.80 UP
   ASIAINS    44.70 DOWN
   ASIAPACINS    52.90 DOWN
   ASIATICLAB    116.20 UP
   ATLASBANG    93.20 UP
   AZIZPIPES    81.80 DOWN
   BANGAS    138.70 UP
   BANKASIA    18.00 UP-DOWN
   BARKAPOWER    10.50 UP
   BATASHOE    912.70 UP
   BATBC    247.70 UP
   BAYLEASING    5.30 UP
   BBS    15.50 UP
   BBSCABLES    22.60 UP
   BDAUTOCA    219.10 UP
   BDCOM    32.80 UP
   BDFINANCE    14.00 UP
   BDLAMPS    208.50 UP
   BDTHAI    18.40 UP
   BDTHAIFOOD    25.10 UP
   BDWELDING    13.70 UP-DOWN
   BEACHHATCH    32.40 UP-DOWN
   BEACONPHAR    108.10 UP
   BENGALWTL    24.70 UP
   BERGERPBL    1485.00 UP
   BESTHLDNG    15.40 UP
   BEXGSUKUK    70.00 DOWN
   BEXIMCO    27.20 UP-DOWN
   BGIC    44.50 DOWN
   BIFC    4.80 UP
   BNICL    118.20 UP
   BPML    28.80 UP
   BPPL    21.80 UP
   BRACBANK    64.60 UP
   BSC    121.50 DOWN
   BSCPLC    156.80 UP
   BSRMLTD    101.10 UP
   BSRMSTEEL    96.00 UP
   BXPHARMA    146.30 DOWN
   CAPITECGBF    10.70 DOWN
   CAPMBDBLMF    10.90 DOWN
   CAPMIBBLMF    13.60 DOWN
   CENTRALINS    47.70 DOWN
   CENTRALPHL    11.40 UP
   CITYBANK    31.50 UP
   CITYGENINS    123.90 UP
   CLICL    52.30 DOWN
   CNATEX    3.30 UP
   CONFIDCEM    68.00 UP
   CONTININS    36.20 DOWN
   COPPERTECH    28.30 UP
   CROWNCEMNT    68.00 UP
   CRYSTALINS    70.40 UP
   CVOPRL    179.50 UP
   DACCADYE    17.00 UP
   DAFODILCOM    162.50 UP
   DBH    44.00 UP
   DBH1STMF    5.80 UP-DOWN
   DELTALIFE    82.00 UP
   DELTASPINN    7.70 UP-DOWN
   DESCO    25.90 UP
   DESHBANDHU    22.50 UP
   DGIC    34.50 DOWN
   DHAKABANK    12.50 UP
   DHAKAINS    50.30 DOWN
   DOMINAGE    80.50 UP
   DOREENPWR    34.90 DOWN
   DSHGARME    164.40 UP
   DSSL    13.50 UP
   DULAMIACOT    209.90 UP
   DUTCHBANGL    49.30 UP
   EASTERNINS    64.20 DOWN
   EASTLAND    30.70 DOWN
   EASTRNLUB    2076.60 UP
   EBL    24.20 UP
   EBL1STMF    5.00 UP-DOWN
   EBLNRBMF    3.90 UP-DOWN
   ECABLES    138.70 UP
   EGEN    26.90 UP
   EHL    94.70 UP
   EIL    34.70 DOWN
   EMERALDOIL    29.60 UP
   ENVOYTEX    56.50 UP
   EPGL    21.20 UP
   ESQUIRENIT    26.00 UP-DOWN
   ETL    14.10 UP
   EXIM1STMF    7.00 UP-DOWN
   FAMILYTEX    2.90 UP
   FARCHEM    23.80 DOWN
   FAREASTLIF    22.10 DOWN
   FBFIF    3.90 UP
   FEDERALINS    29.60 UP-DOWN
   FEKDIL    24.20 UP
   FINEFOODS    458.70 DOWN
   FIRSTFIN    5.00 UP
   FORTUNE    19.00 UP
   FUWANGCER    17.00 DOWN
   FUWANGFOOD    12.40 UP
   GBBPOWER    14.00 UP
   GEMINISEA    122.60 UP
   GENEXIL    39.80 UP
   GENNEXT    3.30 UP
   GHAIL    15.80 UP
   GHCL    24.20 UP
   GLDNJMF    9.70 DOWN
   GLOBALINS    44.70 DOWN
   GOLDENSON    16.50 UP
   GPHISPAT    18.80 UP
   GQBALLPEN    562.30 DOWN
   GRAMEENS2    13.80 UP-DOWN
   GREENDELMF    5.20 UP-DOWN
   GREENDELT    70.80 UP-DOWN
   GSPFINANCE    4.30 UP-DOWN
   HAKKANIPUL    83.30 UP
   HAMI    161.00 UP-DOWN
   HEIDELBCEM    220.90 UP
   HFL    16.10 UP
   HRTEX    20.90 UP
   HWAWELLTEX    49.50 UP
   IBBL2PBOND    3898.00 UP-DOWN
   IBBLPBOND    690.00 UP
   IBNSINA    322.70 UP
   IBP    19.70 UP
   ICB    46.00 UP
   ICB3RDNRB    6.50 UP
   ICBAGRANI1    9.60 UP
   ICBAMCL2ND    8.70 DOWN
   ICBEPMF1S1    6.90 UP-DOWN
   ICBIBANK    2.70 UP-DOWN
   ICBSONALI1    7.10 DOWN
   ICICL    37.90 DOWN
   IDLC    46.60 UP
   IFADAUTOS    25.90 DOWN
   IFIC    4.90 UP
   IFIC1STMF    4.60 UP-DOWN
   IFILISLMF1    6.00 UP
   INDEXAGRO    75.10 UP
   INTECH    26.60 UP
   INTRACO    23.50 DOWN
   IPDC    32.40 UP
   ISLAMIBANK    29.80 UP
   ISLAMICFIN    12.10 UP-DOWN
   ISLAMIINS    63.90 DOWN
   ISNLTD    61.80 UP
   ITC    48.50 DOWN
   JAMUNABANK    24.30 UP
   JAMUNAOIL    183.20 UP
   JANATAINS    35.70 DOWN
   JHRML    53.50 UP
   JMISMDL    145.70 DOWN
   JUTESPINN    220.30 DOWN
   KARNAPHULI    54.50 DOWN
   KAY&QUE    429.30 DOWN
   KBPPWBIL    39.30 UP
   KDSALTD    50.70 UP
   KEYACOSMET    5.60 UP-DOWN
   KOHINOOR    549.00 UP
   KPCL    11.70 UP
   KPPL    15.30 UP-DOWN
   KTL    11.80 UP
   LANKABAFIN    18.10 UP
   LEGACYFOOT    76.50 DOWN
   LHB    57.90 UP
   LIBRAINFU    632.50 DOWN
   LINDEBD    722.60 UP
   LOVELLO    68.80 UP
   LRBDL    15.90 UP
   LRGLOBMF1    5.00 UP
   MAGURAPLEX    92.70 UP
   MAKSONSPIN    6.50 UP
   MALEKSPIN    46.20 UP
   MARICO    2722.60 UP
   MATINSPINN    61.80 UP
   MBL1STMF    8.70 UP
   MEGCONMILK    33.30 UP
   MEGHNACEM    31.70 UP
   MEGHNAINS    40.50 DOWN
   MEGHNALIFE    62.00 DOWN
   MEGHNAPET    80.30 UP
   MERCANBANK    7.30 DOWN
   MERCINS    45.80 UP
   METROSPIN    9.50 UP
   MHSML    22.40 UP-DOWN
   MIDASFIN    5.90 UP-DOWN
   MIDLANDBNK    19.10 UP
   MIRACLEIND    31.80 UP
   MIRAKHTER    41.30 UP
   MITHUNKNIT    13.90 UP
   MJLBD    92.70 DOWN
   MLDYEING    18.20 DOWN
   MONNOAGML    350.60 UP
   MONNOCERA    94.90 UP
   MONNOFABR    24.10 UP
   MONOSPOOL    118.50 UP
   MPETROLEUM    214.30 DOWN
   MTB    13.50 UP
   NAHEEACP    36.80 UP
   NATLIFEINS    104.60 DOWN
   NAVANACNG    22.60 UP-DOWN
   NAVANAPHAR    69.90 UP
   NBL    3.80 UP
   NCCBANK    15.70 UP
   NCCBLMF1    7.10 UP-DOWN
   NEWLINE    7.00 DOWN
   NFML    20.30 UP
   NHFIL    30.10 UP
   NITOLINS    47.50 DOWN
   NORTHERN    114.20 UP
   NORTHRNINS    43.00 DOWN
   NPOLYMER    36.40 UP
   NRBBANK    7.00 UP
   NRBCBANK    9.90 UP
   NTC    168.10 DOWN
   NTLTUBES    70.30 UP
   NURANI    3.30 UP
   OAL    6.80 DOWN
   OIMEX    16.30 UP
   OLYMPIC    153.00 UP
   ONEBANKPLC    8.10 UP
   ORIONINFU    269.10 UP
   ORIONPHARM    28.80 UP-DOWN
   PADMALIFE    18.40 UP
   PADMAOIL    200.00 DOWN
   PARAMOUNT    62.90 DOWN
   PDL    5.80 DOWN
   PENINSULA    24.70 UP
   PEOPLESINS    64.70 UP
   PF1STMF    14.10 UP
   PHARMAID    614.10 UP
   PHENIXINS    49.80 DOWN
   PHOENIXFIN    4.20 UP-DOWN
   PHPMF1    4.00 UP-DOWN
   PIONEERINS    69.90 UP
   PLFSL    1.90 DOWN
   POPULAR1MF    4.00 UP
   POPULARLIF    60.70 UP
   POWERGRID    40.00 DOWN
   PRAGATIINS    81.60 UP
   PRAGATILIF    170.60 DOWN
   PREMIERBAN    5.80 UP
   PREMIERCEM    49.20 UP
   PREMIERLEA    2.50 UP-DOWN
   PRIME1ICBA    6.90 UP
   PRIMEBANK    30.10 UP
   PRIMEFIN    3.20 DOWN
   PRIMEINSUR    61.80 DOWN
   PRIMELIFE    42.60 DOWN
   PRIMETEX    16.80 DOWN
   PROGRESLIF    41.40 UP
   PROVATIINS    58.90 UP
   PTL    63.80 UP
   PUBALIBANK    38.70 UP
   PURABIGEN    32.30 DOWN
   QUASEMIND    45.00 UP
   QUEENSOUTH    18.20 DOWN
   RAHIMAFOOD    83.30 DOWN
   RAHIMTEXT    213.70 DOWN
   RAKCERAMIC    30.30 UP
   RANFOUNDRY    161.20 DOWN
   RDFOOD    27.30 UP
   RECKITTBEN    3301.80 UP
   REGENTTEX    6.90 UP-DOWN
   RELIANCE1    12.00 UP
   RELIANCINS    115.40 UP
   RENATA    473.40 UP
   RENWICKJA    890.00 UP
   REPUBLIC    41.70 UP
   RINGSHINE    4.80 UP
   ROBI    32.10 UP
   RSRMSTEEL    8.00 UP
   RUNNERAUTO    47.10 DOWN
   RUPALIBANK    17.60 UP
   RUPALIINS    32.10 UP
   RUPALILIFE    92.80 UP
   SAFKOSPINN    20.50 DOWN
   SAIFPOWER    10.70 UP
   SAIHAMCOT    22.20 UP-DOWN
   SAIHAMTEX    26.90 DOWN
   SALAMCRST    12.80 UP
   SALVO    37.30 UP-DOWN
   SAMATALETH    107.80 UP
   SAMORITA    100.90 UP-DOWN
   SANDHANINS    29.10 UP-DOWN
   SAPORTL    60.50 UP
   SBACBANK    7.30 UP
   SEAPEARL    39.20 UP
   SEMLFBSLGF    7.60 DOWN
   SEMLIBBLSF    7.90 DOWN
   SHAHJABANK    17.70 UP
   SHARPIND    42.90 UP
   SHASHADNIM    28.70 DOWN
   SHEPHERD    17.30 DOWN
   SHURWID    6.30 UP-DOWN
   SHYAMPSUG    288.10 DOWN
   SICL    37.70 UP
   SILCOPHL    20.70 UP
   SILVAPHL    16.50 UP-DOWN
   SIMTEX    27.40 UP
   SINGERBD    78.20 UP
   SINOBANGLA    57.00 UP
   SIPLC    143.40 UP
   SKTRIMS    14.80 UP
   SONALIANSH    222.90 UP
   SONALILIFE    87.90 DOWN
   SONALIPAPR    249.60 UP
   SONARBAINS    41.90 DOWN
   SONARGAON    118.50 UP
   SOUTHEASTB    11.60 UP
   SPCERAMICS    23.10 DOWN
   SPCL    57.70 UP
   SQUARETEXT    52.10 UP
   SQURPHARMA    219.70 DOWN
   SSSTEEL    7.20 UP
   STANCERAM    73.80 UP
   STANDARINS    52.50 UP
   STANDBANKL    5.10 UP
   STYLECRAFT    60.20 UP
   SUMITPOWER    17.10 UP
   SUNLIFEINS    64.60 DOWN
   TAKAFULINS    55.10 UP
   TALLUSPIN    8.20 UP
   TAMIJTEX    133.90 UP
   TB10Y0135    112.94 DOWN
   TB10Y0634    116.25 DOWN
   TB2Y0327    100.84 DOWN
   TB5Y0128    97.66 DOWN
   TB5Y1229    106.49 DOWN
   TECHNODRUG    45.90 DOWN
   TILIL    52.30 DOWN
   TITASGAS    20.20 UP
   TOSRIFA    23.20 UP
   TRUSTB1MF    4.10 UP
   TRUSTBANK    15.50 UP
   TUNGHAI    4.60 UP
   UCB    9.50 UP
   UNILEVERCL    2049.40 UP
   UNIONCAP    4.80 UP-DOWN
   UNIONINS    51.90 DOWN
   UNIQUEHRL    44.30 UP
   UNITEDFIN    19.40 UP
   UNITEDINS    66.80 DOWN
   UPGDCL    122.40 UP
   USMANIAGL    67.40 UP
   UTTARABANK    21.30 UP
   UTTARAFIN    13.50 UP
   VAMLRBBF    8.20 UP
   VFSTDL    16.50 DOWN
   WALTONHIL    392.70 UP
   WATACHEM    145.90 UP
   WMSHIPYARD    10.20 UP
   YPL    23.80 UP-DOWN
   ZAHEENSPIN    5.60 UP-DOWN
   ZAHINTEX    8.80 UP-DOWN
   ZEALBANGLA    210.30 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).