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10 Aug, 2009

Will see 15% order flow increase in FY10: Thermax

There have been several upgrades and downgrades after this earnings season. One set of numbers which did not go well with the street was Thermax. MS Unnikrishnan, MD of Thermax said that there were large cancellations and holding back of orders in the past few quarters.


Source: Moneycontrol.com

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23 Jul, 2009

Result Review: Thermax Limited


Source: Livemint.com

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23 Jul, 2009

Thermax sees flat revenues this fiscal

Thermax Ltd, the Pune-based environment and energy solutions provider, sees revenues staying flat or even declining during the current fiscal due to weak credit environment.


Source: DNA Money

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22 Jul, 2009

Current orderbook at Rs 3230 cr: Thermax

Thermax has declared its first quarter results. The company's PAT was down 27% at Rs 46.49 crore versus Rs 63.7 crore. Its net sales was down 25% at Rs 537.59 crore versus Rs 716.97 crore.


Source: Moneycontrol.com

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22 Jul, 2009

Thermax Q1 net slips

Pune, July 21 Thermax Ltd's net profit declined in the first quarter of the current fiscal to Rs 46.5 crore from Rs 63.7 crore in the corresponding period last year.


Source: The Hindu Business Line

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21 Jul, 2009

Thermax Q1 net profit down at Rs 46.5 cr

Thermax has declared its first quarter results. The company's net profit was at Rs 46.5 crore versus Rs 63.7 crore on YoY basis. Its net sales were at Rs 523 crore versus Rs 709 crore on YoY basis. Its order book was at Rs 3230 crore as on June 30, 2009.


Source: Moneycontrol.com

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21 Jul, 2009

Thermax declares results; stk down

Thermax has touched an intraday high of Rs 458.70 and an intraday low of Rs 446.30. At 11:20 am, the share was quoting at Rs 446.50, down Rs 8.5, or 1.87%. The company's Q1 net profit was at Rs 46.5 crore versus Rs 63.7 crore on YoY basis, reports CNBCTV18. It was trading with volumes of 27,566 shares.


Source: Moneycontrol.com

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02 Jul, 2009

Company Review: Thermax Limited


Source: Livemint.com

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10 Jun, 2009

Buy Thermax, target of Rs 460: Bonanza

Bonanza has recommended a buy rating on Thermax with a price target of Rs 460. Thermax is Indian engineering MNC providing solutions in Energy and Environment sector. In FY10, it is likely to report an EPS of Rs 27.


Source: Moneycontrol.com

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10 Jun, 2009

Reduce Thermax, target of Rs 375: Reliance Money

Reliance Money has recommended a reduce rating on Thermax, with price target of Rs 375. Thermax has reported Q4FY09 standalone net revenue increase of 3% yoy which is better than its expectations.


Source: Moneycontrol.com

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