Buy now! Experts say 8 stocks to see 22-130% Q1 profit growth
Sat, Jul 06, 2013 at 16:12
Q1FY14 Profit (estimates): : Rs 785 crore
YoY jump (estimates): 85.2%
Target: Rs 1822
Rationale: It reported around10% YoY decline in volumes in 1QFY2014 on account of a slowdown in petrol and diesel car sales and also due to decline in exports. However, with a 10% YoY growth in net average realisation, due to superior product-mix and price increases, it expects only a marginal decline of around1% in the top-line (excluding Suzuki Power Train operations).