Mazda Industries Ltd

Harshad Mehta took over a loss making leasing company – Mazda Industries Ltd. The loss making company turned profitable immediately after the takeover. Was it the Midas touch of Harshad Mehta?

A small detail in the accounts of Mazda Industries was ignored. More than 90% of the total revenue came from stock market related activities.

Attention to details is a rare trait among many. It becomes even more rare when greed takes over and everyone is in a hurry to make money.

#RidingTheRollerCoaster – 141

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