Thermax Ltd. Shows Strong Stock Performance, Outperforms Sector and Sensex
Thermax Ltd., a leading engineering company, has shown a positive trend in its stock performance, gaining 3.75% on October 28, 2024. It has outperformed the sector by 2.18% and has been on a consecutive rise for the last 3 days. The stock is currently trading higher than its moving averages and has outperformed the Sensex in the last month. MarketsMojo suggests a 'Hold' position on the stock.
Thermax Ltd., a leading engineering company in the industrial equipment industry, has seen a positive trend in its stock performance. On October 28, 2024, the company's stock gained 3.75%, outperforming the sector by 2.18%. This has led to a 'Hold' call by MarketsMOJO.
The stock has been on a consecutive gain for the last 3 days, with a rise of 9.65% in this period. On the same day, the stock also touched an intraday high of Rs 5555, showing a 2.21% increase. Thermax Ltd. is currently trading higher than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages.
In comparison to the Sensex performance, Thermax Ltd. has outperformed with a 1 day performance of 3.61% versus Sensex's 0.59%. In the last month, the company's stock has shown a positive growth of 9.04%, while the Sensex has seen a decline of -6.66%.
Thermax Ltd. continues to be a strong player in the engineering industry, with its consistent performance and positive stock trend. Investors can keep a 'Hold' position on the stock, as suggested by MarketsMOJO.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
