KRChoksey has come out with its earning estimates on automobiles sector for the quarter ended September 2011. According to the research firm, Hero Motocorp September quarter net sales are expected to go up by 27% at Rs 5447 crore, year-on-year, (YoY) basis.
The company's net profit is expected to go up 15% at Rs 565 crore on YoY basis.
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