For Gujarat Ambuja the forecast is for the half year ending December 31, 1998. Glaxo India Ltd, Hindustan Lever Ltd and Nestle India Ltd follow the calendar year and the forecasts are for the full year. Against each company its projected net profit growth and sales growth are indicated in percentage

ACC: PAT seen down 11.9 per cent, sales down 0.78 p c
Arvind Mills: PAT seen down 58.5 per cent, sales up 15.8 per cent
Bajaj Auto: PAT seen up 15.6 per cent, sales up 5.1 per cent
BHEL: PAT seen rising 49.6 per cent, sales up 5.2 p c
BSES: PAT seen up 31.5 per cent, sales up 4.2 pc
Colgate: PAT seen down 47.3 per cent, sales down 8.8 per cent
GE Shipping: PAT seen down 24.2 per cent, income up 17.4 percent
Glaxo India: PAT seen up 52.2 per cent, sales up 9.0 per cent
Grasim Industries: PAT seen down 19 per cent, sales up 4.7 per cent
Guj Ambuja: PAT seen up 2.5 per cent, sales down 3.4 per cent
Hindalco: PAT seen higher 20.7 per cent, sales up 26.9 per cent
Hindustan Lever: PAT seen up 32.4 per cent, sales up 24.1 per cent
HPCL: PAT seen up 24.8 per cent, sales up 45 per cent
ICICI: PAT seen up 5.5 per cent, income up 21.1 per cent
IDBI: PAT seen up 12.5 per cent, income up 14.2 per cent
Indian Hotels: PAT seen up 7.8 per cent, sales up 6.5 per cent
IPCL: Loss seen at Rs 477 million, sales off 7.1 pc.
ITC: PAT seen up 16 per cent, sales up 24.3 per cent
L & T: PAT seen off 12.2 per cent, sales up 14.5 per cent
M&M: PAT seen down 24.6 per cent, sales up 0.8 per cent
MTNL: PAT seen up 16.2 per cent, sales up 14.6 per cent
Nestle: PAT seen up 39.6 per cent,sales up 18 per cent
Ranbaxy: PAT seen up 6.0 per cent, sales up 7.0 per cent
RIL: PAT seen rising 6.7 per cent, sales up 22.5 per cent
SAIL: Loss seen at Rs 5 billion, sales off 0.8 pc
SBI: PAT seen up 25.7 per cent, income up 3.2 per cent
Tata Chemicals: PAT seen down 4.0 per cent, sales up 3.0 per cent
Tata Power: PAT seen up 12.4 per cent, sales up 25.3 per cent
TELCO: Loss seen Rs 360.9 million, sales off 29.5 per cent
TISCO: PAT seen off 55.5 per cent, sales down 6.9 per cent
The following securities' firms participated in the poll:

ABN Amro Asia Equities India, Arcadia Share & Stock Brokers, C Mackertich, Ceat Financial, Dil Vikas Finance Ltd, First Global Finance, HSBC Securities India, ICICI Securities and Finance Company Ltd, Jardine Fleming, Khandwala Finance, Motilal Oswal Securities, Nucleus Securities, PRS Shares and Finance Pvt Ltd, Prabhudas Lilladher, Pranav Securities, Prime Broking Company,Shailesh Merchant, SMIFS Securities, Triumph Securities, Unit Trust of India and UTI Securities.