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Thermax: Recovering, but at a slower pace

Jitendra Kumar Gupta   •

High valuation and slow growth in earnings could keep Thermax stock under pressure

Thermax Q3 | Consolidated net profit down 2 percent at Rs 83.3 crore versus Rs 85 crore and revenue unchanged at Rs 1,410.6 crore, YoY.

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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More