UPDATE 2-Maruti Q4 net beats f'cast; plans new export model

Newswire

(Recasts, adds capex, other details) By Rina Chandran MUMBAI, April 26 (Reuters) - India's top auto maker, Maruti Udyog Ltd. , posted a better-than-expected 39 percent rise in quarterly net profit as the nation's middle-classes bought more cars, sending its shares up almost 7 percent to a near record. Cheap loans and new launches have helped auto makers post robust sales as Asia's third-biggest economy has grown at about 8 percent in three years, but a cyclical downturn, high input ...

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