Friday, March 12, 2010

Thermax enters into a 51:49 JV with Babcock & Wilcox


Stock News

·         Torrent Pharma deal with Astra Zeneca at a positive we reiterate BUY with a Target of Rs538.

·         Thermax enters into a 51:49 JV with Babcock & Wilcox to manufacture super-critical boilers and will benefit the company over the long term but is earnings neutral, we upgrade the stock to HOLD.

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The information contained and provided on this Website provides Investment advice for the education of investors. The posts are an information service only. Recommendations, opinions or suggestions are given with the understanding that readers acting on this information assume all risks involved. We do not assume any responsibility or liability resulting from the use of such information, judgment and opinions for Trading or Investment purposes.
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