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Motilal Oswal has come out with its earning estimates on Metal Sector for the quarter ended June 2009. According to the research firm, Steel Authority of India's (SAIL) June quarter sales are expected to go down by 11.6% to Rs 9,750 crore on YoY basis.
The company's adjusted PAT (profit after tax) is expected to go down by 30.3% to Rs 1,385.3 crore on YoY basis.
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