Hitesh portfolio

Dear Hiteshji,

Do you have any views on Cantabil Retail? There is no thread for the company on Valuepickr but I saw a 12-year-old post (click here) where you mentioned Cantabil as “…stocks I would outright avoid…”. Any specific reason for this such as governance issues?

The stock got listed in 2010 and I have gone through the DRHP & all its Annual Reports till date but could not find anything glaringly wrong, except high promoter remuneration & some related party purchases which is fairly common among many other companies as well. What I am curious about is why the institutional holding is almost zero despite several positives. Any current views on this company?

Thanks in advance.

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