Shares of Policybazaar parent PB Fintech, Thermax, Sundaram Finance, and Canara Bank surged in trade on May 15 as the inclusion of these stocks in the MSCI's Global Standard index, post its latest rejig, brought cheer for investors.On the other hand, the share of Paytm parent One97 Communications fell in trade after the stock was thrown out of the MSCI Global Standard index. Nonetheless, it made i...

The stock of capital goods company Thermax Ltd surged to a new 52-week high of Rs2,174.80 intraday on the NSE on 2 February. The increased outlay for capital expenditure announced in the Union Budget on 1 February had a rub-off effect on the stock. But that optimism soon fizzled out. Currently, trading at Rs1,831 on the NSE, shares of the company have slid 17% from their recent high.Its Q3FY22 res...

Nifty futures on the Singapore Exchange traded 59.5 points, or 0.33 per cent lower at 17,815.50, signaling that Dalal Street was headed for a negative start on Wednesday. Here are a dozen stocks which may buzz the most in today's trade:Bharti Airtel: The telecom operator's arm, Airtel Payments Bank, said it has been categorised as a scheduled bank by the Reserve Bank of India (RBI). With this, Ai...

Thermax Ltd, and energy and environment solutions company, has impressed the Street with its September quarter earnings.A key positive takeaway for its investors was robust order inflows. Thermax's order inflows rose 67% year-on-year (y-o-y) to Rs1,860 crore and the order book improved 26% y-o-y to Rs6,520 crore. According to the company's management, this is the highest order booking in the last ...

MUMBAI: Energy and environment solutions provider Thermax Ltd reported solid results for the March quarter with key earnings parameters ahead of estimates.Net profit grew 175% year-on-year (YoY) to Rs110 crore partly due to lower tax rate and higher other income. Revenue grew 19% YoY to Rs1,570 crore aided by strong performance across segments - energy solutions, environmental solutions, and chemi...