Thermax Ltd. Faces Significant Market Challenges Amid Declining Stock Performance

Feb 10 2025 12:25 PM IST
share
Share Via
Thermax Ltd., a key player in the engineering sector, faced a decline on February 10, 2025, underperforming its sector. The stock is near its 52-week low and has dropped significantly over the past month, indicating a bearish trend as it trades below key moving averages.
Thermax Ltd., a prominent player in the engineering and industrial equipment sector, experienced a notable decline of 3.1% on February 10, 2025. The stock's performance today has been underwhelming, underperforming its sector by 1.77%. It reached an intraday low of Rs 3279.15, marking a decrease of 3.22% during the trading session.

Currently, Thermax is trading close to its 52-week low, just 2.35% above the low of Rs 3205.85. Over the past month, the stock has seen a significant drop of 12.28%, contrasting sharply with the Sensex, which only fell by 0.22% in the same period. Additionally, Thermax is trading below its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend in its recent performance.

As a large-cap company in the industrial equipment industry, Thermax's current metrics reflect a challenging market position, warranting close observation of its future developments.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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