Thermax Ltd. Experiences Revision in Stock Evaluation Amid Ongoing Downward Trend in Q1 2025

Thermax Ltd., a key player in the engineering and industrial equipment sector, has recently undergone a revision in its score, reflecting the current challenges faced by the company in the market. On January 8, 2025, the stock experienced a decline of 3.23%, contributing to a broader trend of underperformance that has seen it lag behind its sector by 1.35%.
The stock has faced consecutive declines over the past two days, culminating in a total drop of 4.24%. On this trading day, Thermax reached an intraday low of Rs 3968.7, marking a decrease of 3.3%. Over the past month, the company has seen a significant decline of 14.71%, which starkly contrasts with the Sensex's drop of only 4.36%.

Currently, Thermax is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained period of underperformance. The stock's one-day performance stands at -3.01%, while the Sensex experienced a minimal decline of just 0.06%.

In light of these developments, Thermax has been added to MarketsMOJO's list, reflecting a shift in market sentiment and the need for investors to reassess their positions regarding the stock. As the company navigates these challenges, stakeholders will be closely monitoring its performance and any potential adjustments in its market evaluation.