ResultsNDTV Profit
JPMorgan upgrades Thermax to Overweight, cuts target
Positive+20
GreyOak summary
JPMorgan upgraded the stock to Overweight, while Kotak and UBS maintained Buy ratings. Concerns over margin execution and weak orders led to reduced forecasts, though a second-half revenue recovery is expected.
What it affects
- ThermaxTHERMAXPositive +20
Stock upgraded but targets cut on margin concerns.Rolling sentiment Negative -37
Source
Read the original at NDTV ProfitMore Thermax news
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