Remember a company called Ballarpur industry ltd or commonly known as ( BILT) from Thapar group. From being a blue chip and part of indices going through a corporate insolvency resolution process under IBC. There are some industries which at one point of time were considered to be safe haven. Best of the industrial houses used to run them and the street used to treat their stocks as blue chips. Then came a time, both due to dumping by China and other factors, that the whole sector went into dumps and just never recovered for decades; both in real business and also on the street. Now when an industry stays in deep trouble for a long time, there are some players who are able to survive. How do they do it? either by changing the way they operate in terms of management ability, by adding new products or any others. The paper industry has been facing multiple challenges, now after years of consolidation in which many players exited, there are few left and have achieved a scale. Numbers are reflecting it, when will the street start to have a look at then more kindly is the question.