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02 Feb, 2009
Ambit Capital downgrades Thermax to NEUTRAL
Source: Livemint.com
Click here for the full article.29 Jan, 2009
Don't see major improvement in Q4 rev: Thermax
Commenting on the road ahead for company, MS Unnikrishnan, MD, Thermax, said the benefit of falling commodity prices has started trickling in. He sees clients slowing down execution, and doesn't see a substantial improvement in Q4 topline.
Source: Moneycontrol.com
Click here for the full article.07 Jan, 2009
Thermax Dec qtr PAT seen at Rs 72.9cr: Religare
Religare Hichens Harrison Research has come out with its earning estimates on capital goods sector for the quarter ended December 2008. According to the research firm, Thermax sales, for the quarter ended December 2008, are expected to go up by 10% at Rs 929.9 crore on YoY basis.
Source: Moneycontrol.com
Click here for the full article.11 Dec, 2008
Beyond the Sensex: Thermax
Energy major Thermax has been facing a slowdown in the execution of projects. Major projects are ebign cancelled.
Source: UTVi.com
Click here for the full article.03 Dec, 2008
Avoid Thermax, Elecon: Gandotra
Pathik Gandotra, MD HOR at IDFC SSKI is of the view that one should avoid companies like Thermax, Elecon Engineering as they are fully dependent on private corporate capex.
Source: Moneycontrol.com
Click here for the full article.19 Nov, 2008
Buy Thermax at declines: Asit C. Mehta
Asit C. Mehta has recommended to buy Thermax at declines with a target of Rs 280. Looking forward the research firm expects the revenues to register a CAGR of 19% during FY0810E with earnings growth of 15% during the same period.
Source: Moneycontrol.com
Click here for the full article.18 Nov, 2008
BNP Paribas Securities downgrades Thermax to HOLD
Source: Livemint.com
Click here for the full article.30 Oct, 2008
Accumulate Thermax, target of Rs 316: Emkay Global
Emkay Global Financial Services has downgraded its rating on Thermax from buy to accumulate with a target of Rs 316. Net profit declined 18% yoy to Rs 570 million, below estimates attributed to FX Loss of Rs 374 million.
Source: Moneycontrol.com
Click here for the full article.27 Oct, 2008
Thermax Q2 standalone net profit at Rs 56.96 cr
Thermax has declared its second quarter numbers. Its Q2 standalone net profit was at Rs 56.96 crore versus Rs 69.20 crore.
Source: Moneycontrol.com
Click here for the full article.27 Oct, 2008
Thermax Q2 net down 17%
Thermax has posted a net profit for the period of Rs 56.95 crore for the quarter ended September 30, 2008.
Source: UTVi.com
Click here for the full article.
