Automobiles Sector : Auto sales spring a positive surprise ::Kotak Securities (PDF link)

Please Share::  India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��

http://www.kotaksecurities.com/pdf/indiadaily/indiadaily02032012.pdf

Sector
Automobiles: Auto sales spring a positive surprise
` Hero Motocorp volumes grow 11% yoy; Maruti Suzuki up 7% yoy
` Tata Motors LCV volumes surprise positively
` M&M auto volumes were in line with estimates but tractor volumes
declined significantly