Thermax Ltd. Faces Continued Stock Decline Amid Mixed Performance Indicators

Thermax Ltd., a prominent player in the heavy electrical equipment sector, has experienced a decline of 3.11% on August 4, 2025. This drop marks a continuation of a downward trend, with the stock losing 5.92% over the past two days. Today, it reached an intraday low of Rs 3,677, reflecting a decrease of 2.69%.
In terms of performance metrics, Thermax has underperformed compared to the broader market, lagging behind the Sensex by 1.97% today. Over the past week, the stock has seen a slight decline of 1.20%, while it has shown a more favorable performance over the past month, gaining 6.32%. However, the longer-term view reveals a significant year-to-date decline of 9.89% and a notable drop of 26.47% over the past year.

Despite the recent challenges, Thermax's performance over the longer term remains robust, with a remarkable increase of 399.52% over the past five years. The stock is currently positioned above its 20-day, 50-day, and 100-day moving averages, yet it is below its 5-day and 200-day moving averages, indicating mixed short-term trends.