ENTITY
Thermax

Thermax (TMX IN)

65
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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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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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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22 Mar 2017 09:33

Falling Natural Gas Production and Poor Import Infra Make PNG a Distant Dream for Most Indians

In July 2015, the Indian government set a target of 10 million PNG (piped natural gas) connections to be made within two years. But as of September...

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01 Mar 2017 13:57

Containerisation: Prerequisite to Efficient Inter-Modal and Multi-Modal Transportation in India

Containerisation of generalised cargo in India is stated to be only about 22%, a very low figure compared to the 80% in developed nations. The...

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28 Feb 2017 13:24

"Freight" or Flight: A Look into the Indian Railways' Largest Revenue Segment

Since Independence, rail freight has played an important role in carrying the nation forward. But with freight traffic growth slowing, it is high...

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