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10 Oct, 2008

Thermax Sept qtr PAT seen at Rs 74cr: Religare

Religare Hichens Harrison Research has come out with its earning estimates on capital goods sector for the quarter ended September 2008. According to the research firm, Thermax's sales are expected to go up 16% at Rs 8933 million (Rs 893.3 crore) versus Rs 7701 million (Rs 770.1 crore) on YoY


Source: Moneycontrol.com

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08 Oct, 2008

Thermax order win proves no slackening

Thermax has won an order worth Rs 450 crore for setting up of a 60-MW captive power plant for a green-field integrated steel complex plant in Andhra Pradesh. This order, which involves the entire array of activities under building, commissioning


Source: The Hindu Business Line

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07 Oct, 2008

Sharekhan puts BUY on Thermax


Source: Livemint.com

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29 Sep, 2008

Thermax sept qtr PAT seen at Rs 80.2cr: M Oswal

Motilal Oswal has come out with its earning estimates on the Engineering and Capital Goods sector for the quarter ended September '08. According to the report, Thermax's September sales are expected to go up 21.6% at Rs 9,364 million (Rs 936.4 crore).


Source: Moneycontrol.com

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24 Aug, 2008

Thermax plans to invest Rs500 cr in new plant

In the first phase, the company would have a capacity to produce sub-critical boilers with total capacity of 1,500 MW per annum


Source: Livemint.com

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18 Aug, 2008

Kotak Securities downgrades Thermax to ACCUMULATE


Source: Livemint.com

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13 Aug, 2008

Thermax bidding for proj with order size above Rs 500cr

MS Unnikrishnan, MD, Thermax, said the company has bagged a Rs 440 crore order for waste gas energy. "We are bidding for multiple projects with an average order size of Rs 500 crore."


Source: Moneycontrol.com

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16 Jul, 2008

Thermax bags Rs820 cr order

According to the company, this is the single largest order received by it till date. The order entails supply of pulverised coal fired boilers to a major refinery


Source: Livemint.com

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09 Jul, 2008

Thermax Jun'08 PAT seen at Rs 55.3cr: IIFL

IIFL has come out with its earning estimates on capital goods sector for the quarter ended June 2008. According to the report, Thermax sales are expected to go up 14.5% at Rs7,63.2 crore (Rs 7,632 million), YoY.


Source: Moneycontrol.com

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12 Jun, 2008

Buy Thermax on declines: B Shah

Bhavesh M Shah of Asit C Mehta is of the view that one can buy Thermax. The way the company is trying to get orders, the way the company is trying to move into value chains, we may see kind of a delayed implementation of some of the projects on that client side.


Source: Moneycontrol.com

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