IDLC Securities
IDLC Securities

IDLC Securities

Coverage: Bangladesh
IDLC is a leading brokerage firm in Bangladesh and a trusted name to both international & domestic investors with its proven track record of research expertise, quality corporate access, and standards of regulatory compliance and corporate ethics.
Location: Dhaka

Latest articles from IDLC Securities

LafargeHolcim: 2Q 21 – 1200bps yoy GPM expansion boosted earnings; Reiterate HOLD, Raise TP

LHBL BD reported 2Q CY 21 NPAT of BDT1,117mn (EPS: BDT0.96), implying c8% qoq growth against NPAT of BDT1,035mn (EPS: BDT0.89) in 1Q CY 21 and c248% yoy growth against NPAT of BDT321mn (EPS: BDT0.28) in 2Q CY 20. According to our market survey, per b...
IDLC Securities Joy
Joy Bhattacharjee @ IDLC Securities 18 July 2021
Flash Report / Bangladesh

Bangladesh imposes strict 7-day lockdown

Bangladesh recorded 8,822 new cases of Covid-19 on 30 June. The positive rate (new cases/ new tests) on that day hit a record-high of 25.13%. Amid the recent rise of Covid-19 cases, the Bangladesh government has imposed a strict lockdown for seven da...
IDLC Securities Shopnil
Shopnil Paul @ IDLC Securities 2 July 2021
Flash Report / Bangladesh

Bangladesh: No more floor price, regular circuit breaker resumes

The first positive COVID-19 case was found on March 08, 2020. In apprehension of impending economic fallout, the DSEX index dipped to 3,604 (-23.6% YTD) on March 18, 2020. To prevent the free fall of the index, BSEC imposed a floor price on all stock...
IDLC Securities Shopnil
Shopnil Paul @ IDLC Securities 20 June 2021

Singer Bangladesh: Sales recovery and tax rate cut to improve bottom-line; Reiterate Buy

Singer’s revenue is recovering. For consumer electronics sellers in Bangladesh, the second quarter has seasonal importance. Though the pandemic problem is yet to be resolved in 2021, the restriction on movement is much more relaxed compared to that i...
IDLC Securities Tanay
Tanay Kumar Roy @ IDLC Securities 14 June 2021

Bangladesh Budget: Tax cuts and incentives to spur growth and manufacturing

The FY22 expects 7.2% GDP growth, keeping the budget deficit close to 6.0%.Bangladesh's Finance Minister has announced the national budget worth BDT 6.0 trillion (USD71.0bn), with a targeted GDP growth of 7.2% for FY22 versus a provisional estimate o...
IDLC Securities S. M.
S. M. Galibur Rahman @ IDLC Securities 5 June 2021

BRAC Bank: Q1 2021 – 42% NPAT growth owing to 125% YoY increase in investment income

BRAC Bank, our only recommended bank in Bangladesh, reported BDT 1.2bn NPAT in Q1 2021 against BDT 0.9bn of Q1 2020 implying c42% growth (excluding minority interest). BRAC improved its cost to income ratio (CIR) substantially. Its consolidated CIR i...
IDLC Securities S. M.
S. M. Galibur Rahman @ IDLC Securities 20 May 2021