GlobalMoneynews

Who am I? Jan 7, 2024

1. It’s been exactly 40 years since I gained my present id — which is an abbreviation of the identify I used to be based with about 100 years in the past.

2. I’ve greater than 1,000,000 shops and about thousand wholesalers however simply 2 manufacturing places in a single State as a result of legacy points.

3. I’ve a six-member board with 5 non-executive members who collectively get remunerated greater than the MD & CEO

4. I’m distinctive in that my single largest shareholder is a passive investor although I’m managed by an MNC.

5. Although I had greater than 30 per cent ROE final decade, I distributed most of my earnings as a result of lack of reinvestment alternatives. Therefore I had single-digit progress in valuation throughout the identical interval.

Ship your solutions by Wednesday 6 p.m. to who-am-i@thehindu.co.in, together with your full identify, postal deal with and telephone quantity. A fortunate winner in every week will get a ebook sponsored by UNIFI Capital as a reward.

Final week’s inventory: Ipca Laboratories Ltd

Final week’s winner: Basundhara Gupta



#Jan

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