Candor

​Candor Equities Limited is licensed and regulated by the Securities Exchange Commission (SEC) of Sri Lanka and is a Trading Member of the Colombo Stock Exchange (CSE). We assist both local and foreign individual and institutional investors with their listed Equity and Debt trading on the Colombo Stock Exchange.

We are a fully fledged financial services group of companies based in Colombo. The newly branded Candor came into commercial existence in May 2013 with EPIL’s acquisition of Heraymila Group Sri Lanka which was in operation since 2010. Candor’s immediate parent is the Dubai International Financial Centre (DIFC) based Eagle Proprietary Investments Limited (EPIL). Our ultimate parent is the National Industries Group (NIG), one of the largest listed companies on the Kuwait Stock Exchange. Candor’s business domain is strengthened with operating licenses comprising of Stock Broking, Asset Management, Investment Management and Corporate Financing, all vital cogs in Sri Lanka’s service sector driven macro economy.

Regulatory Information

  • Regulatory Status: licensed and regulated by the Securities Exchange Commission (SEC) of Sri Lanka

Shadhir Jannath
  • Shadhir Jannath

Chevron Lubricants Lanka PLC - 4Q2017 Earnings Review

We establish a price of LKR 115.64 on the counter and carry a HOLD recommendation.

Usama Jiffry
  • Usama Jiffry

Earnings Review Dialog Axiata PLC Q4FY2017

We estimate a price target of LKR 13.37 for DIAL and therefore carry a HOLD recommendation on the counter at its current price levels over the short term period. 

Pasindu Perera
  • Pasindu Perera

National Development Bank PLC - 4Q2017 Earnings Review

We establish a price of LKR 148 on the counter and carry a HOLD recommendation on the stock

Usama Jiffry
  • Usama Jiffry

Earnings Review Hemas Holdings PLC 3QFY2018

We currently estimate a price target of LKR 124.00 for HHL as we expect the current challenges to persist in the near term, and therefore recommend a HOLD on the counter at its current price levels. 

Usama Jiffry
  • Usama Jiffry

Earnings Review Aitken Spence Hotel Holdings PLC

Risk factors affecting the group’s key Maldivian destination in the form of recoveries in key markets, stability in the Euro, improvement in the Russian market, releases of new islands by the Government of Maldives, will continue to be considerations affecting the group’s long term future.  Industry cost factors and the ability to manage the same in order to drive profitability without affecting value propositions offered will also be a challenge for the industry as a whole.  Therefore we are o...

Pasindu Perera
  • Pasindu Perera

ResearchPool Subscriptions

Get the most out of your insights

Get in touch