BSE Code: | NSE Code: | ISIN: | Sector:

NSE
984.10
Change Change %
6.35 0.65%

Updated:23 Oct, 2017, 15:53 PM IST

BSE
972.20
Change Change %
-4.25 -0.44%

Updated:23 Oct, 2017, 15:47 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Prabhudas Lilladher
N/A
21-09-2017 Buy 923.30 1018.00
N/A
Open Long (1Y)
21-09-2018

Prabhudas Lilladher maintains accumulate on Thermax

Thermax has the ability to bag base orders of around Rs7-8bn per quarter. Increasing market share, strong product profile, increasing traction in export market and strong management pedigree gives us confidence that the company will be able to participate in the upturn of the cycle meaningfully and continue to surprise positively in terms of order flow. We continue to recommend 'Accumulate' at lower levels from a medium/long-term perspective.

Market Data provided by © Accord Fintech. © Copyright NDTV Convergence Limited 2017. All rights reserved.