ICICI Direct has recommended hold rating on Thermax with a target price of Rs 856 in its research report dated October 29, 2015.

Hold Thermax; target of Rs 955: Sharekhan

Sharekhan has recommended to hold Thermax with a target price of Rs 955, in its research report dated October 28, 2015.

Buy Thermax; target of Rs 1239: Karvy

Karvy Stock Broking is bullish on Thermax and has recommended buy rating on the stock with a target price of Rs 1239, in its research report dated July 20, 2015.

11 stocks you should keep an eye on: Emkay

Emkay has come out with its 11 stock picks report. The research firm has recommended to buy Jagran Prakashan, PVR, UPL, GSK Consumer; accumulate Shoppers Stop; reduce Divis Laboratories, Thermax; hold Exide Industries, NHPC and sell Punjab National Bank, JSW Energy in its research report dated February 4, 2015.

Accumulate Thermax; target of Rs 1000: Kotak Securities

Kotak Securities is bullish on Thermax and has recommended accumulate rating on the stock with a target price of Rs 1000, in its research report dated November 07, 2014.

Buy Thermax; target of Rs 1040: Firstcall Research

Firstcall Research is bullish on Thermax and has recommended buy rating on the stock with a target of Rs 1040 in its November 06, 2014 research report.

Accumulate Thermax; target of Rs 637: P Lilladher

Brokerage house Prabhudas Lilladher is bullish on Thermax (TMX) and has recommended 'Accumulate' rating on the stock with a price target of Rs 637 in its research report dated November 07, 2013.

Buy Thermax; target of Rs 675: Motilal Oswal

Brokerage house Motilal Oswal is bullish on Thermax and has recommended buy rating on the stock with a target price of Rs 675, in its research report dated November 07, 2013.

Sell Thermax, recommends Way2Wealth

Way2Wealth is bearish on Thermax and has recommended sell rating on the stock in its August 13, 2013 research report. According to the research firm, improved performance from its subsidiaries & a major order won continues to be major trigger for the company.

Buy Thermax; target Rs 700: Motilal Oswal

Brokerage house Motilal Oswal is bullish on Thermax and has recommended buy rating on the stock with a price target of Rs 700, in its research report dated July 02, 2013.

Accumulate Thermax; target of Rs 645: PLilladher

Prabhudas Lilladher is bullish on Thermax and has recommended an accumulate rating on the stock with a target of Rs 645, in its May 23, 2013 research report.

Buy Thermax; target of Rs 700: Motilal Oswal

Brokerage house Motilal Oswal is bullish on Thermax and has recommended a buy rating on the stock with a price target of Rs 700, according to its research report dated May 23, 2013.

Accumulate Thermax; target of Rs 648: PLilladher

Prabhudas Lilladher is bullish on Thermax and has recommended accumulate rating on the stock with a target of Rs 648 in its May 16, 2013 research report.

Accumulate Thermax; target Rs 648: P Lilladher

Prabhudas Lilladher is bullish on Thermax and has recommended accumulate rating on the stock with a target price of Rs 648 in its February 01, 2013 research report.

Buy Thermax; target of Rs 770: Motilal Oswal

Motilal Oswal is bullish on Thermax and has recommended buy rating on the stock with a target of Rs 770 in its February 2, 2013 research report.

Buy Thermax; target of Rs 770: Motilal Oswal

Motilal Oswal is bullish on Thermax (TMX) and has recommended buy rating on the stock with a target of Rs 770 in its January 24, 2013 research report.

Sell Thermax: Way2Wealth

Way2Wealth is bearish on Thermax and has recommended sell rating on the stock in its November 12, 2012 research report.

Angel Broking neutral on Thermax

Angel Broking has maintained neutral rating on Thermax in its November 5, 2012 research report. The research firm expects Thermax‘s return ratios to continue to deteriorate. Also expect Thermax- BW JV to weigh in on consolidated profits going forward as its utilization remains muted.

Hold Thermax; target of Rs 505: Emkay

Emkay Global Financial Services has recommended hold rating on the stock with a target of Rs 505 in its October 31, 2012 research report.

AccumulateThermax; target of Rs 521: PLilladher

Prabhudas Lilladher is bullish on Thermax and has recommended accumulate rating on the stock with a target of Rs 521 in its July 27, 2012 research report.

Accumulate Thermax; target of Rs 553: PLilladher

Prabhudas Lilladher is bullish on Thermax and has recommended accumulate rating on the stock with a target of Rs 553 in its July 13, 2012 research report.

Accumulate Thermax; target of Rs 553: PLilladher

Prabhudas Lilladher is bullish on Thermax and has recommended accumulate rating on the stock with a target of Rs 553 in its July 13, 2012 research report.

Sell Thermax: Way2Wealth

Way2Wealth is bearish on Thermax and has recommended sell rating on the stock in its May 17, 2012 research report.

Sell Thermax; target of Rs 378: Nirmal Bang

Nirmal Bang is bearish on Thermax and has recommended sell rating on the stock with a target of Rs 378 in its May 14, 2012 research report.

Accumulate Thermax; target Rs 553: Prabhudas Lilladher

Prabhudas Lilladher is bullish on Thermax and has recommended accumulate rating on the stock with a target price of Rs 553 in its March 5, 2012 research report.