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    Yen worry: Maruti's margins may slip to 8.6%

    Since the earthquake, yen has surged almost 2.5%. With yen's strengthening by 1%, Maruti's margins go lower by 28-30 basis points (bps), reports CNBC-TV18's Sonia Shenoy. This is because the total exposure that Maruti has to yen is about 28% to the total cost (including vendor imports and 5% royalty).

    first published: Mar 17, 2011 11:29 am

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