Stock market analyst Rakesh Bansal of New Age Wealth has maintained 'buy' rating on Thermax Limited stock with a short term target of Rs 950.
The stock can be bought with a stop loss of Rs 848.
The stock of the company, on Nov 18, closed at Rs 888 on the Bombay Stock Exchange (BSE).
The share price has seen a 52-week high of Rs 926.90 and a low of 565 on BSE.
Current EPS & P/E ratio stood at 26.15 and 33.86 respectively.
Thermax has purchased Danstoker, an European boiler maker in addition to its German arm Omnical Kessel for a total amount of Rs 182 crore.