By Kanchan Joshi | 15 Feb, 2022
Thermax management's upbeat outlook does not reflect in the stock
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...
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Anushmita1 2022-09-13 13:52:47
Buy Thermax target of Rs 2940
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