Company: Thermax
Broking House: Angel Broking
Current Price: Rs 554.65
Thermax Ltd is a market leader in the small and medium sized industrial boiler segment in the country. It is among the few companies in the world that offers total integrated solutions in the areas of heating, cooling, power, water and waste management, air pollution controls and chemicals. Though the company is currently facing
the brunt of slowdown, the outlook seems to be considerably improving FY2011 onwards given widening power deficit in the country. The company has also planning to tap the utility boilers market. Thermax has already got two orders (cumulatively valued at around Rs 677 crore) from Essar Oil and Brahmani Steel for the utility boilers
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