Angel Broking has come out with its earning estimates on automobile sector for the quarter ended December 2010. According to the research firm, Ashok Leyland December quarter sales are expected to go up by 16% to Rs 2105 crore, Year-on-Year, (Y-o-Y) basis.
The company's net profit is expected to go down by 9.3% at Rs 94.9 crore on YoY basis.
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