After dropping to multi-quarter low in Q3 largely due to demonetization of high value Indian currency, LGB's sales growth recovered sharply in Q4 (+12.6% ) - at least a twelve quarter high . Revenues of both the transmission and metal forming businesses leapt in excess of 14%, coming at a time when transmission business fodder two-wheeler sales in the country slid 2.3% y-o-y; motorcycle sales dropped 4.2%.. Transmission business EBIT margins expanded too: 9.4% Vs 8.1% in the same quarter a year ago. Sturdy revenue booking of the metal forming...