Angel Broking has come out with its earning estimates on auto ancillary sector for the quarter ended June 2011. According to the research firm, Motherson Sumi June quarter sales are expected to go up by 18.4% at Rs 2200crore, year-on-year, (YoY) basis.
The company's net profit is expected to go up 78.8% at Rs 106crore on YoY basis.
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