Here’s a challenge. Using the five clues below, identify the company that is being talked about here.
1 I have several decades of credentials, but have changed control multiple times and am currently controlled by a family with an even longer history of wealth creation.
2 I am the national leader in my business segment, backed by a powerful brand despite being a micro-cap.
3 I have had two Bollywood superstars as brand ambassadors and now intend to increase my advertising budget to 10 per cent of sales.
4 A 10-fold rise in share price in recent years has not improved net shareholder return over the last decade, which remains in single-digit CAGR. The public holds more than the controlling promoters, with institutional ownership in single digits.
5 It is unusual for a micro-cap company to have a 14-member board, several of whom have held senior management roles in large-cap companies.
Last week’s stock: Campus Activewear
Last week’s winner: Harish C R