BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
Deutsche Bank downgrades Thermax to sell
Deutsche Bank has downgraded Thermax to sell for target price of Rs 650. Deutsche Bank says that slow pace of growth continues for Thermax and risk from higher raw material cost is rising. It adds that the private capex continues to be delayed.