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Last Updated : Apr 25, 2011 04:23 PM IST | Source: CNBC-TV18

May revise price target upwards for Maruti, says IIFL

In an interview with CNBC-TV18, Prayesh Jain of IIFL, gave his views on the auto maker Maruti’s fourth quarter performance and his outlook on the stocks.


In an interview with CNBC-TV18, Prayesh Jain of IIFL, gave his views on the auto maker Maruti's fourth quarter performance and his outlook on the stocks.


Below is a verbatim transcript of the interview. Also watch the video.


Q: What is the initial reaction for the numbers?


A: The numbers are looking bigger than our expectations. The top-line was very much in line with our expectations. It is to be seen whether operating margins have come out better than our estimates. Overall, it

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First Published on Apr 25, 2011 03:58 pm
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