Here’s a challenge. Using the five clues below, identify the company that is being talked about here.
1 Though I have just about a 30-year history, I belong to a group that has centuries-old credentials.
2 Due to recent mergers and acquisitions and capital restructuring, promoter’s stake may appear to have declined but is still in simple majority. Non-institutional ownership is thrice as that of institutional.
3 Fortunately, the ownership battle in my promoter family hasn’t hindered my business growth to reach a billion-dollar valuation last year.
4 Before the almost 50 per cent decline in share price from July 24 last last year, I delivered more than 20 times return to shareholders over the previous 10 years.
5 My profits have grown more than 25 per cent per annum over the last five and 10 years without diluting my return on equity at about 18-20 per cent range.
Last week’s stock: EIH
Last week’s winner: Vikash Binjrajka
