Who am I? Jan 14, 2024 bl-premium-article-image

BL Research Bureau Updated - January 13, 2024 at 07:37 PM.
Identify the company that is being talked about here

Here’s a challenge. Using the five clues below, identify the company that is being talked about here

1. I have a long history but carried out a significant capital restructuring exercise involving, spinoffs, mergers, acquisitions, public issues, over the last couple of decades. That resulted in single-digit return on equity in the last decade.

2. I have multi-billion dollars of annual revenue coming from several subsidiaries in more than 5 diverse businesses. A few of them are listed on their own.

3. A couple of my businesses have had strong growth in recent years. Hopefully, they will help me in coming out of long years of underperformance across all metrics.

4. Though my valuations doubled last year, I delivered negative returns over the previous 5 years.

5. Promoters, directly and indirectly, control over 80 per cent stake. DIIs own just about 3 per cent. In fact, they have only single-digit ownership in all 3 of my listed subsidiaries as well.

Send your answers by Wednesday 6 p.m. to who-am-i@thehindu.co.in, with your full name, postal address and phone number. A lucky winner in each week will get a book sponsored by UNIFI Capital as a reward.

Last week’s stock: VST Industries

Last week’s winner: Neeraj KV

Published on January 13, 2024 14:07

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