Here’s a challenge. Using the five clues below, identify the company that is being talked about here.
1 I am likely to celebrate my centenary in a few years, but still remain a small-cap in an established sector.
2 I carry a regional name as my brand and have more than half my geographical presence in just one State in India.
3 I am one of the few listed companies with public stake of more than 80 per cent, owned by over a million shareholders but still valued at a PE multiple less than five times.
4 My share price declined 85 per cent between 2018 and 2020 due to substantial operating losses. Though price has sharply moved up in recent years, I am yet to deliver any shareholder return over the last 10 years.
5 My largest shareholder is a multi-billionaire, who also has significant ownership in my competitors as well.
Last week’s stock: Jaiprakash Power Ventures
Last week’s winner: Vilas Jagannath Sonavane