Here’s a challenge. Using the five clues below, identify the company that is being talked about here.
1 I am completing 70 years of being a listed company, pursuing the same business that I pioneered.
2 My founder was awarded Padma Bhushan for his services to the industry one year before he passed away. He began his career in an enterprise for a monthly salary of ₹50, that he eventually acquired ownership of.
3 I still carry my founder’s surname as my brand that is recognised in over seven countries.
4 Though I delivered negative returns to shareholders for over 10 years till 2020, my share price has grown over five times since Covid-lows.
5 As my competitor took a significantly large stake, I invited one of the largest industrial group as a white knight. Both continue to retain their respective equity ownership and my promoter family owns just about one-third.
Last week’s stock: Bajaj Consumer Care
Last week’s winner: Jandoria Singh
