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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29 Dec 2017 23:55

Indian E&C: Year 2017 Was a Disappointment, Will 2018 Bring a Change in Fortunes?

2017 was a poor year for new order inflows at Indian Engineering & Construction (E&C) and Cap Goods companies. This also reflects in "worst...

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bullishSiemens Ltd
27 Nov 2017 18:51

Siemens Results: Is This Glimmer of Hope for Indian Industrials Space?

Siemens Ltd (SIEM IN) reported yoy increase in Order Inflow for quarter and FYSiemens Ltd (SIEM IN) has reported results for July-September...

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bearishLarsen & Toubro
26 Oct 2017 17:57

Poor Orders and Revenue in ABB India's Q3 Results: The Meaning for Indian E&C, Cap Goods Space

ABB India Ltd (ABB IN) has reported yoy decline in Order Inflow and RevenueABB India Ltd (ABB IN) has reported its July-September quarter results...

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22 May 2017 17:51

Cummins Results: Good Performance in Domestic Business Not a Sign of Broad Based Industrial Recovery

Cummins India: Mixed Performance in overseas and domestic businessCummins India Ltd (KKC IN) is one of the leading automotive and industrial...

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bearishThermax
12 May 2017 21:22

Thermax: More Export Orders Is Good News, but the Risk Also Increases Proportionately

In April last week, Thermax Ltd (TMX IN) won a large export order. The order size was approximately US$ 157mn to supply 4 utility boilers, 8 heat...

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