Angel Broking has come out with its earning estimates on automobile sector for the quarter ended March 2011. According to the research firm, Hero Honda March quarter net sales are expected to go up by 29.2% at Rs 4927 crore, year-on-year, (YoY) basis.
The company's net profit is expected to go up by 2.2% at Rs 547.5 crore on YoY basis.
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