Sunday, April 26, 2015

Stock News Today: Maruti Suzuki gain after Fourth Quarter Report

Stock Tips
Stock in News
Maruti Suzuki fourth quarter profit after tax is seen rising a whopping 43% year-on-year to Rs 1,145 crore compared to Rs 800 crore in the year-ago period led by operating performance, according to a CNBC-TV18 poll. Revenue is likely to increase 10.3 percent to Rs 13,350 crore in the quarter ended March 2015 from Rs 12,101.4 crore in the same quarter last fiscal. Overall, it is expected to be a good quarter for Maruti as volume growth was decent at 7 percent Y-o-Y. The company sold 3.46 lakh units in Q4 against 3.25 lakh units sold in the same quarter last fiscal on account of improving consumer sentiment, new launches and return of the first time buyer.

Get More Stock News and Stock Tips Just Fill The Free Trial Form

Copyright © MCX NCDEX Commodity Tips Design by O Pregador | Blogger Theme by Blogger Template de luxo | Powered by Blogger