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17 May, 2010
Thermax in tech pact with Germany's Lambion Energy Solutions
The technology transfer will provide Thermax with high efficiency combustion systems for using biomass, high in moisture content, for energy generation.
Source: DNA Money
Click here for the full article.14 May, 2010
Purolite payout hits Thermax PAT
An out-of-court settlement with the US-based Purolite International Ltd involving a payout of $38 million (Rs 174 crore) to end a legal dispute over its ion exchange resin business, has eroded the FY10 net profit of Thermax Ltd. Though Q4 PAT was
Source: The Hindu Business Line
Click here for the full article.13 May, 2010
Thermax sees good FY11 despite margin pressure
Pune-based firm expects FY11 to be a "good" business year and would spend more than Rs100 crore on capital expenditure, which is of routine nature, and will use it for line balancing, MD said
Source: Livemint.com
Click here for the full article.13 May, 2010
Thermax Q4 net loss at Rs 15.7 cr
Thermax has announced its fourth quarter results. The company's Q4 net loss at Rs 15.7 crore versus net profit of Rs 94.3 crore, yearonyear, YoY.
Source: Moneycontrol.com
Click here for the full article.12 May, 2010
Robust order book, but no surprises from Thermax
Thermax has contained costs as a percentage of sales in most areas including workforce and raw material costs
Source: Livemint.com
Click here for the full article.26 Apr, 2010
Thermax: new opportunities
Pune-headquartered Thermax, an energy and environment solution provider, has set its sights on renewable energy.
Source: The Financial Express
Click here for the full article.19 Apr, 2010
Thermax bags Rs 580-cr order
Energy and environment solutions company Thermax has won a Rs. 580 crore order for a gas based combined cycle power plant from an Indian petrochemical major for its aromatic complex in a SEZ. The 72 MW project comprises two gas turbine
Source: The Hindu Business Line
Click here for the full article.13 Apr, 2010
Thermax eyes diversification in solar, geothermal energy
Thermax Ltd, energy and environment solution provider, plans to diversify into renewable energy, a top official told the Reuters Trading India chat room on Tuesday
Source: Moneycontrol.com
Click here for the full article.19 Mar, 2010
Thermax eyes land for supercritical boiler plant
Thermax will be setting up a new manufacturing facility for the supercritical boiler. It is looking at land acquisition in next three months and talking to state governments for the same.
Source: DNA Money
Click here for the full article.13 Mar, 2010
Hold Thermax, target Rs 657: Emkay
Emkay Global Financial Services has retained a hold rating on Thermax, with price target of Rs 657, in its report dated March 12, 2010.
Source: Moneycontrol.com
Click here for the full article.