Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
940.70
Change Change %
-20.05 -2.09%

Updated:21 Sep, 2018, 15:54 PM IST

BSE
944.45
Change Change %
-16.85 -1.75%

Updated:21 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Motilal Oswal
N/A
05-06-2017 Sell 977.65 850.00
N/A
Target Hit Long (1Y)
05-06-2018

Motilal Oswal maintains sell on Thermax

Motilal Oswal maintain "sell" with a revised target if Rs850 (25x FY19E EPS of INR34, based on last 10-year average P/E multiple), given the weak business outlook and rich valuations. Key risk to our rating is a sharper-than-expected pick-up in industrial and power segments.

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