Tuesday, July 22, 2008

Thermax Good Q1 results & Good Orders

Thermax rose 4.52% to Rs 400 at 11:05 IST on BSE after it reported 13.7% rise in net profit to Rs 63.7 crore on 7.5% rise in total income to Rs 727.2 crore in Q1 June 2008 over Q1 June 2007.
The company announced the results during trading hours today, 22 July 2008.
The stock hit a high of Rs 401.95 and a low of Rs 386 so far during the day. The stock had a 52-week high of Rs 968.30 on 30 October 2007 and a 52-week low of Rs 330.50 on 2 July 2008.
The company has an equity capital of Rs 23.83 crore. Face value per share is Rs 2.
The current price of Rs 400 discounts its Q4 March 2008 annualised EPS of Rs 27.03, by a PE multiple of 14.79.
The order book of the company at the the quarter ended June 2008 stood at Rs 2,649 crore compared to Rs 2435 at the beginning of the financial year.
The company manufactures and distributes industrial equipment. The group operates in two segments, energy and environment.

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