Thermax Ltd News
Thermax tanks 16% on disappointing Q1 results; stock hits 3-month low
Going forward, recovery in project execution, margin improvement in the Industrial Infra segment, revival in export demand and sustained order inflows will remain the key monitorables, analysts said.
 "Thermax tanks 16% on disappointing Q1 results; stock hits 3-month low")
Sensex, Nifty gain 2% in July led by IT; 50% of BSE 500 stocks underperform
Among sectoral indices, the BSE IT surged 16% followed by Consumer Durables (9%), Realty (8%) and Auto (6%). On the flip side, Capital Goods and Power indices declined 7% and 6%, respectively.
 "Sensex, Nifty gain 2% in July led by IT; 50% of BSE 500 stocks underperform")
Hitachi Energy, CG Power, GE Vernova, Thermax tank up to 10%; here's why
According to a Reuters report, the Indian government has allowed four Chinese power equipment manufacturers to participate in government tenders for critical power projects.
 "Hitachi Energy, CG Power, GE Vernova, Thermax tank up to 10%; here's why")
Power index hits new high, zooms 24% in 2 mths; BHEL, CG Power at new peaks
Siemens Energy, CG Power and Industrial Solutions, GE Vernova T&D India, Thermax, ABB India, Hitachi Energy India, Siemens and Adani Green Energy were up in the range of 4-8% in Wednesday's trade.
 "Power index hits new high, zooms 24% in 2 mths; BHEL, CG Power at new peaks")
Thermax rallies 9%, hits new high on strong Q4; stock zooms 38% in 1 month
The board of Thermax has recommended a dividend of ₹14 per share for FY2025-26. Additionally, the board has declared a special dividend of ₹6 to mark the company's 60th anniversary milestone.
BSE Capital Goods index hits new high; BHEL, Polycab, Thermax soar up to 7%
BSE Capital Goods index hit a new high of 79,887.59, up nearly 2% in Thursday's intra-day deal. The index has surged 17% in the past two months.
 "BSE Capital Goods index hits new high; BHEL, Polycab, Thermax soar up to 7%")
Capital Goods index hits new high, surges 20% so far in April; here's why
Jyoti CNC, Apar Ind, BHEL, Thermax, Kirloskar Oil Engines, Siemens Energy, ABB, CG Power and Hitachi Energy were up 2 per cent to 5 per cent on the BSE in Monday's intra-day trade.
 "Capital Goods index hits new high, surges 20% so far in April; here's why")
BSE Power index hits 16-month high; Siemens, Thermax soar 6%
Thus far in April, the BSE Power index has outperformed the market by soaring 13 per cent compared to a 8.5 per cent rise in the BSE Sensex.
 "BSE Power index hits 16-month high; Siemens, Thermax soar 6%")
Power stocks defy market slump, rally up to 9% intraday; here's why
Investors are betting big on the power sector companies, expecting a rise in electricity demand ahead of the peak summer season.
 "Power stocks defy market slump, rally up to 9% intraday; here's why")
Axis Bank, Voda Idea: 28 Nifty 500 stocks reclaim 200-DMA today; full list
Among others Dr. Reddy's, Apollo Hospitals, M&M Finance, Muthoot Finance, Tata Power, Balrampur Chini and Sammaan Capital soared up to 20% from recent lows to cross the long-term average, shows data.
 "Axis Bank, Voda Idea: 28 Nifty 500 stocks reclaim 200-DMA today; full list")
Top trading ideas: Buy Thermax, Ipca Labs and one other share, says analyst
Top trading ideas: Aakash Shah of Choice Equity Broking suggests buying these three stocks today; here's why
 "Top trading ideas: Buy Thermax, Ipca Labs and one other share, says analyst")