Meanwhile, some Yash Birla shares have been languishing for last 20 years

While industrialist Yash Birla’s name has been made public by Swiss officials in tax avoidance case, the performance of group companies listed on BSE cuts a sorry figure over the past more than one decade. Five companies namely Birla Power Solutions, Zenith Birla, Birla Shloka, Birla Cotsyn and Birla Pacific are listed on the BSE with several of them currently trading at less than a rupee due to for obvious reasons. [caption id=“attachment_2265356” align=“alignleft” width=“380”]  AFP[/caption] When Birla’s stocks have been on a downward spiral, constantly facing the brunt of investor fury over the last more than 10 years, the broad stock market sentiment has witnessed both bull and bear runs. All the five stocks listed are down nearly 100 percent from their all-time high levels. For instance Birla Power Solutions stock quotes at Re 0.09, down 99 percent from its all-time high level of Rs 7.92 touched in 1996. Zenith Birla traded at Re 0.82, is down 99 percent from its high of Rs 83.33 touched in 1992, while Birla Shloka, quoted at Rs 3.03, has slumped nearly 97 percent from its all-time high of Rs 94.45 touched five years back. While trading has stopped is some of the stocks, couple of stocks are still witnessing some kind of trading activity. Zenith Birla is currently quoted at Re 0.82, down nearly 7 percent from its previous close, while Birla Shloka is traded at Rs 3.03, down 6.5 percent from its previous close. With inputs from Kishor Kadam