Angel Broking has come out with its earning estimates on retail sector for the quarter ended March 2011. According to the research firm, Shoppers Stop March quarter net sales are expected to go up by 70% at Rs 745 crore, year-on-year, (YoY) basis.
The company's net profit is expected to go up by 14.6% at Rs 16 crore on YoY basis.
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