Thermax Limited

Equities

THERMAX

INE152A01029

Industrial Machinery & Equipment

Market Closed - NSE India S.E. Other stock markets 05:13:54 24/05/2024 pm IST			5-day change	1st Jan Change
5,144 ^INR	-0.41%		+4.10%	+66.92%

15/05	India's weight in key MSCI equity index hits another high, to boost inflows	RE
14/05	Jefferies Adjusts Thermax’s Price Target to INR5,480 From INR4,445, Keeps at Buy	MT

Thermax Limited Appoints as Ashish Bhandari as CEO, Effective September 1, 2020

June 18, 2020 at 05:26 pm IST

Thermax Limited announced that Mr. Ashish Bhandari, who was appointed as Joint Managing Director with effect from April 7, 2020, has been appointed as Additional Director and Key Managerial Personal of the company effective June 18, 2020. He will move in to the role of the CEO with effect from September 1, 2020.

Latest news about Thermax Limited

India's weight in key MSCI equity index hits another high, to boost inflows	15/05	RE
Jefferies Adjusts Thermax’s Price Target to INR5,480 From INR4,445, Keeps at Buy	14/05	MT
Transcript : Thermax Limited, Q4 2024 Earnings Call, May 13, 2024	13/05
Thermax Posts Gains in Fiscal Q4 Net Profit	13/05	MT
Indian industrial machine maker Thermax's Q4 profit rises on strong demand	10/05	RE
Thermax Limited Recommends Dividend for the Financial Year 2023-2024	10/05	CI
Thermax Board to Consider Dividend for Fiscal 2024	22/04	MT
Thermax Opens New Manufacturing Facility for Water, Wastewater Treatment in Pune, India; Shares Jump 3%	15/04	MT
Thermax Unveils Manufacturing Factory for Water and Wastewater Solutions in Pune	15/04	CI
Thermax Limited(NSEI:THERMAX) added to FTSE All-World Index	18/03	CI
Thermax Signs Technology Licensing Deal with South Korea's Flowtech for Polycarboxylate Ether	21/02	MT
Jefferies Adjusts Thermax's Price Target to INR4,000 From INR4,130, Keeps at Buy	13/02	MT
Transcript : Thermax Limited, Q3 2024 Earnings Call, Feb 12, 2024	12/02
Thermax Posts Gains in Fiscal Q3 Consolidated Net Profit	09/02	MT
Indian engineering firm Thermax's Q3 profit rises on strong industrial demand	08/02	RE
Thermax Allots INR450 Million for New Resin Plant	08/02	MT
Thermax Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	08/02	CI
Thermax Limited signed an agreement to acquire 51% stake in TSA Process Equipments Private Limited from Fabtech Technologies Private Limited for INR 710 million.	06/02	CI
Thermax Limited Announces Rajesh B C Has Been Inducted as A Member of Senior Management	29/12	CI
Thermax to Set Up Five Bio-CNG Plants Across India	12/12	MT
ABB India's third-quarter profit jumps on higher order wins	09/11	RE
India's Dilip Buildcon Q2 profit soars on steady infrastructure demand	07/11	RE
Cummins India posts 23% rise in Q2 profit on lower costs	07/11	RE
Jefferies Adjusts Thermax’s Price Target to INR3,800 From INR3,085, Keeps at Buy	07/11	MT
Thermax' Consolidated Profit Climbs in Fiscal Q2; EPS Tops Estimates	06/11	MT

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Company Profile

Thermax Limited. is an India-based company. The Company offers integrated solutions in heating, cooling, power generation, water treatment and recycling, air pollution control, and chemicals. It operates in four segments: Industrial Products, Industrial Infra, Green Solutions, and Chemical. The Industrial Products segment supplies packaged boilers and fired heaters, besides turnkey solutions for process heating, through a range of heating media, such as steam, thermic fluid, hot water, and hot air. The Industrial Infra segment covers its Projects and Energy Solutions and Thermax Babcock & Wilcox Energy Solutions businesses. The Green Solutions segment includes Thermax Onsite Energy Solutions Limited, which provides green utilities, such as steam, heat, treated water, chilled water, and cogeneration power, along with other utilities. The Chemical segment manufactures and markets a range of specialty chemicals to help improve processes and water use across various industries.

Sector

Industrial Machinery & Equipment

Calendar

05/07/2024 - Ex-dividend day for final dividend

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Ratings for Thermax Limited

Trading Rating

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

5,144 INR

Average target price

3,552 INR

Spread / Average Target

-30.94%

Consensus

EPS Revisions

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Quarterly earnings - Rate of surprise

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