Management indicates decent order enquiries majorly from Food, Pharma, Chemicals, Cement, Refineries and Steel sectors. Thermax Ltd (TMX) reported decent quarterly performance led by execution ramp up and cost control measures. Revenue came flat YoY led by growth in environment segment (up, 28% YoY), while Energy/Chemical segment degrew by 5% YoY each. Margins expanded by 256bps led by lower raw cost and better cost rationalization measures. One-time exceptional item...