Thermax

From Thermax to Kalyani Steel Limited, companies are slowly being allowed to resume operations from Monday even though the lockdown has been extended for two weeks.

Energy and environment solutions provider Thermax Ltd on Wednesday posted a 10.3 per cent decline in consolidated net profit at Rs 48.96 crore for the fiscal first quarter that ended on June 30.

Indian stock markets fell for second straight day with Sensex falling over 300 points and Nifty closing below its important psychological level of 8,600 on the back of intense selling in oil & gas, auto, power and healthcare stocks.

Pharma major Cipla has appointed Kedar Upadhye as its global chief financial officer (CFO) effective August 1.

For India to consistently grow at or above 8 percent that it targets to generate jobs for a rapidly expanding workforce, major listed enterprises will have to come to the party.

Engineering solutions provider Thermax Ltd on Monday said it has bagged an order worth Rs 353 crore from Rashtriya Chemicals and Fertilizers Ltd (RCF) to execute an energy efficient improvement project.

Hemen Kapadia, senior vice president of KR Choksey Securities, says the Nifty is unlikely to sustain above 7,250. A break below 7,200 could send the index lower to 7,100 before expiry, he added.

Thermax also witnessed a fall in its margins in the December quarter, with Ebitda margin or operating margin slipping to 9.5 per cent from 10.36 per cent year-on-year.

Thermax shares fell over 6 per cent on Monday as it reported 25 per cent annual decline in its net profit for the July-September period.

Engineering solutions provider Thermax Ltd on Tuesday reported a 24.6 per cent drop in standalone net profit at Rs 64.83 crore for the fiscal second quarter that ended on September 30, 2015.

Bank of America Merrill Lynch compiled lists of stocks that will be positively and negatively impacted from rupee fall.

The company had posted a consolidated net profit of Rs 17 crore in the corresponding quarter last year, the company said in a BSE filing.

Thermax shares surged over 4 per cent at its day's high of Rs 1,084 after the engineering company signed an agreement to acquire 33 per cent stake in First Energy, a provider of alternative energy solutions.

First Energy's brand Oorja, a combination of a 'micro-gasification' stove and biomass-based pellet fuel, is adopted by several customers as a substitute to fossil fuels such as LPG and diesel, it added.

Thermax is an energy solutions provider.

From Thermax to Kalyani Steel Limited, companies are slowly being allowed to resume operations from Monday even though the lockdown has been extended for two weeks.

Energy and environment solutions provider Thermax Ltd on Wednesday posted a 10.3 per cent decline in consolidated net profit at Rs 48.96 crore for the fiscal first quarter that ended on June 30.

Indian stock markets fell for second straight day with Sensex falling over 300 points and Nifty closing below its important psychological level of 8,600 on the back of intense selling in oil & gas, auto, power and healthcare stocks.

Pharma major Cipla has appointed Kedar Upadhye as its global chief financial officer (CFO) effective August 1.

For India to consistently grow at or above 8 percent that it targets to generate jobs for a rapidly expanding workforce, major listed enterprises will have to come to the party.

Engineering solutions provider Thermax Ltd on Monday said it has bagged an order worth Rs 353 crore from Rashtriya Chemicals and Fertilizers Ltd (RCF) to execute an energy efficient improvement project.

Hemen Kapadia, senior vice president of KR Choksey Securities, says the Nifty is unlikely to sustain above 7,250. A break below 7,200 could send the index lower to 7,100 before expiry, he added.

Thermax also witnessed a fall in its margins in the December quarter, with Ebitda margin or operating margin slipping to 9.5 per cent from 10.36 per cent year-on-year.

Thermax shares fell over 6 per cent on Monday as it reported 25 per cent annual decline in its net profit for the July-September period.

Engineering solutions provider Thermax Ltd on Tuesday reported a 24.6 per cent drop in standalone net profit at Rs 64.83 crore for the fiscal second quarter that ended on September 30, 2015.

Bank of America Merrill Lynch compiled lists of stocks that will be positively and negatively impacted from rupee fall.

The company had posted a consolidated net profit of Rs 17 crore in the corresponding quarter last year, the company said in a BSE filing.

Thermax shares surged over 4 per cent at its day's high of Rs 1,084 after the engineering company signed an agreement to acquire 33 per cent stake in First Energy, a provider of alternative energy solutions.

First Energy's brand Oorja, a combination of a 'micro-gasification' stove and biomass-based pellet fuel, is adopted by several customers as a substitute to fossil fuels such as LPG and diesel, it added.

Thermax is an energy solutions provider.