La Opala RG - Aspirational consumer story

Hi

AFAIK they have done a good job in the SAP implementation space from the point of view of the price they have paid.

I had mentioned the advertising budget hypothesis and market share hypothesis in the Borosil thread.

Borosil management is very clear that they will be spending 10% odd on advertising. They are here to take market share and margins is secondary is what I understand.

Rgds
Deepak