Angel Broking has come out with its earning estimates on automobile sector for the quarter ended September 2011. According to the research firm, Mahindra and Mahindra (M&M) September quarter net sales are expected to go up by 39% at Rs 7385 crore, year-on-year (YoY) basis.
The company's net profit is expected to go up by 9.7% at Rs 832 crore on YoY basis.
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