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Thermax Limited (THERMAX.NS)
| Previous close | 4,696.30 |
| Open | 4,676.00 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 4,645.25 - 4,799.00 |
| 52-week range | 2,191.85 - 4,978.90 |
| Volume | |
| Avg. volume | 156,159 |
| Market cap | 532.866B |
| Beta (5Y monthly) | 0.37 |
| PE ratio (TTM) | 87.07 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 10.00 (0.21%) |
| Ex-dividend date | 21 Jul 2023 |
| 1y target est | N/A |
- Insider Monkey
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- Reuters
Indian engineering firm Thermax's Q3 profit rises on strong industrial demand
Indian engineering company Thermax reported an 11% year-on-year rise in third-quarter profit on Thursday, helped by strong demand for its industrial products. Consolidated profit before tax and exceptional items rose to 1.83 billion rupees ($22.1 million) in the three months ended Dec. 31, from 1.65 billion rupees a year ago. The order flow at capital goods majors such as Larsen & Toubro, Siemens and Thermax have risen by an average of 28% YoY for the last six quarters, brokerage Jefferies estimated last month.
- Reuters
India's Thermax misses Q1 profit view on weak sales growth, exceptional cost
India's Thermax on Tuesday posted a smaller-than-expected 1.7% rise in first-quarter profit, dragged by slow sales growth and an exceptional cost due to ongoing litigation. The company posted a consolidated net profit of 599.5 million rupees ($7.3 million) for the quarter ended June 30, compared to analysts' estimate of 1.04 billion rupees as per Refinitiv data. Thermax said it expects an impact of 2.45 billion rupees from the order, and is in the process of challenging the fine.
