External broker reports(aggregated public sources), Motilal Oswal Financial Services Limited

Motilal Oswal

Motilal Oswal Financial Services Limited is an Indian diversified financial services firm offering a range of financial products and services. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only.  Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Motilal Oswal Financial Services Limited

Motilal Oswal Financial Services Limited is an Indian diversified financial services firm offering a range of financial products and services. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>Thermax (TMX) in its annual report outlined its strategy to innovate for energy transition, strengthen its solutions business, scale up sustainability and urbanization-oriented businesses, and drive digital transformation.</li><li>The company is in the midst of reorienting its exposure across the green energy spectrum spanning solar, wind, biomass, waste to energy, et al., to facilitate energy transition in a diverse base of end-user industries and may also evaluate thermal power opportunities.</li><li>While its newer initiatives may potentially bear fruit in the medium-to-long term, the near- term performance continues to be dependent upon key industries in the private sector where finalization of large-sized orders is still weak. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Thermax (TMX) in its annual report outlined its strategy to innovate for energy transition, strengthen its solutions business, scale up sustainability and urbanization-oriented businesses, and drive digital transformation.The company is in the midst of reorienting its exposure across the green energy spectrum spanning solar, wind, biomass, waste to energy, et al., to facilitate energy transition in a diverse base of end-user industries and may also evaluate thermal power opportunities.While its newer initiatives may potentially bear fruit in the medium-to-long term, the near- term performance continues to be dependent upon key industries in the private sector where finalization of large-sized orders is still weak. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Thermax - Large Dependence on Private Capex