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Despite delivering a good first quarter, TIL is down over 2.5 percent. In an interview to CNBC-TV18, Sumit Mazumder, CMD of TIL spoke about the results and his outlook for the company.
Kotak Securities has come with its March quarterly earning estimates for capital goods sector. The research firm expects aggregate revenue growth of capital goods sector to be 6.7% YoY in the Mar-ending quarter, driven mainly by L&T, Cummins, and other midcaps and aggregate PAT is expected to post modest growth of 2.7% yoy in Q4 FY13.
Kotak Securities has come with its December quarterly earning estimates for capital goods sector. According to the research firm, capital goods companies are expected to post aggregate revenue growth of 10.4% YoY in the Dec-ending quarter, driven mainly by L&T, Cummins, and other midcaps.
Aloke Banerjee, President and CFO of Tractors India, in an interview with CNBC-TV18's Sonia Shenoy and Latha Venkatesh, gave his perspective of the fourth quarter performance and their divulged future plans.