ENTITY
Thermax

Thermax (TMX IN)

58
Analysis
IndustrialsIndia
Thermax Ltd manufactures equipment and machinery used to both produce and to conserve energy. The Company operates through a number of divisions, including Boilers, Heat Recovery Steam Generators, Water Treatment Plants and Air Pollution Control Equipment. In addition, Thermax produces steam and gas turbines and diesel gensets through a number of strategic alliances.
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10 Sep 2022 01:15

Pullback Complete?; Commodities Heading Lower; Buying Growth/Cyclicals & A Few Utilities

Signs suggest this pullback may have run its course, as several global market indexes & Sectors appear to be making a higher low near logical...

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bullishThermax
25 May 2022 08:28Broker

Thermax - Weak Profitability Offsets Strong Topline Growth; Strong Order Inflow

Thermax posted 4QFY22 consolidated revenue of Rs19.9bn, up 26.5% YoY, above our/consensus estimates by 9.9%/5.8%. Topline was aided by healthy...

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bearishThermax
28 May 2021 13:01Broker

In line earnings, order inflows key to future outlook

Revenue was 15% below our estimate in 4QFY21, with lower miss (6%) on operating profit. This is largely attributable to higher operating leverage...

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21 Dec 2018 11:22

India: How "Free Electricity" Schemes May Be Linked to Excellent Industrial Growth Numbers?

If we look more closely at the latest Industrial Production (IIP) increase data which reported a strong overall growth of 8.1% yoy, we find a mixed...

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bearishLarsen & Toubro
26 Nov 2018 09:40

Larsen & Toubro (LT IN)​: Stock up More than 15% in Less than a Month, Why It Is Right Time to Exit?

Larsen & Toubro (LT IN) has outperformed broader markets by a significant margin over last few weeks and this is not because of sudden pick up...

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