Thermax Limited
Sundaram Mutual Fund added over 0.51% of Thermax Limited and now holds 1.51%, or 18,03,126 shares.
A provider of equipment and solutions for the energy, environment, and chemical sectors, Thermax manufactures boilers, heaters, absorption chillers, power plants, solar equipment, and air pollution control systems. The company also produces water and waste recycling plants, ion exchange resins, and performance chemicals alongside related services and technical support. It serves industrial clients across India and international markets.
Chennai-based AMC founded in 1996 as a joint venture with BNP Paribas, now wholly owned by the Sundaram Finance Group. Manages over Rs 1 lakh crore. Strong brand in South India with equity funds that have delivered consistent long-term track records across market cycles. Sundaram Mid Cap Fund has been a flagship since the early 2000s.