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The company will increase spending on hybrids and petrol models and consider new models and vehicle types.
Consumer spending continues to be “solid” as US retailers, including clothing stores, reported increased sales in October ahead of the holiday shopping season.
This article first appeared on GuruFocus. Thermax Ltd (NSE:THERMAX) is set to release its Q2 2026 earnings on Nov 12, 2025. The consensus estimate for Q2 2026 revenue is $27.84 billion, and the earnings are expected to come in at $13.51 per share.