Angel Broking has come out with its earning estimates on automobile sector for the quarter ended September 2011. According to the research firm, Tata Motors September quarter net sales are expected to go up by 21% at Rs 34581 crore, year-on-year (YoY) basis.
The company's net profit is expected to go down by 11.2% at Rs 1973 crore on YoY basis.
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