As of the top of June, Thermax had an order e-book of Rs 2,569 crore as of the quarter ended June.
Thermax Ltd inventory closed 1.94% larger on Friday buying and selling session to Rs 4,730 apiece on the NSE. As compared, the benchmark Nifty 50 remained decrease by 0.13%. It has risen 71% within the final 12 months and 52% year-to-date.
4 out of the 23 analysts monitoring the corporate have a ‘purchase’ score on the inventory, 9 recommend ‘maintain’ and 10 advocate ‘promote’, based on Bloomberg information. The common 12-month analyst value targets implies a possible draw back of 8%.
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