If digital photography sales bomb, Plaza Create will end up with a lot of costly assets that do nothing to boost its paper-thin 1.1% net profit margin.
Bank stocks sold in single digits, which is where we all believed they belonged, at net asset value adjusted for Third World loans and sour real estate paper.
In 1993 he was installed, ironically, as head of its chemical division (the paper side, which contributed 90% to Ballarpur's revenues and 80% to net profits, was under cousin Vikram's charge).