Angel Broking has come out with its earning estimates on automobile sector for the quarter ended June 2011. According to the research firm, Tata Motors June quarter sales are expected to go up by 23.4% at Rs 33166crore, year-on-year, (YoY) basis.
The company's net profit is expected to go up 11.9% at Rs 2226crore on YoY basis.
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