Wednesday, 25 January 2017

Sensex, Nifty continue to rise; Bharti, Reliance major losers

Maruti has been fairly resilient to demonetisation as it posted 4 percent annual volume growth in December quarter. Its net profit may rise 74 percent to Rs 1776 crore in October-December from Rs 1019 crore in corresponding quarter last fiscal. During the period, revenue is likely to grow 10.3 percent at Rs 16638 crore against Rs 15081 crore year-on-year. In Q3 EBITDA is seen gaining 18.8 percent at Rs 2578 crore against Rs 2169.1 crore while operating profit margin may stand at 15.5 percent versus 14.3 percent YoY. Total volumes increased 4 percent to 3.87 lakh versus 3.74 lakh units (YoY). However volume growth moderated to 4 percent against 18 percen in Q2 due to mini and compact segment getting hit due to demonetisation. Realisations are expected to rise 6.3 percent at 4.28 lakh Rs/unit, increase led by higher exports and success of high priced models Brezza and Baleno.

HURRY UP two days FREE TRIAL invest money make it for TAKE LOTS OF EXPERIENCE WITH US

No comments:

Post a Comment