Thermax Faces Short-Term Challenges Amidst Broader Market Resilience

Thermax Ltd., a prominent player in the heavy electrical equipment sector, has experienced a decline of 3.47% on June 27, 2025. The stock's performance today has notably underperformed compared to the broader market, trailing the Sensex by 3.59%. During the trading session, Thermax reached an intraday low of Rs 3,336, reflecting a drop of 3.73%.
In terms of moving averages, Thermax is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend in the short to medium term. Over the past week, the stock has declined by 2.52%, while its performance over the past month shows a decrease of 4.27%.

In contrast, the Sensex has shown resilience, rising by 0.35% today and remaining close to its 52-week high. The index is trading above its 50-day moving average, which is also positioned above the 200-day moving average, suggesting a bullish market sentiment overall. Despite the challenges faced by Thermax, its long-term performance remains noteworthy, with a 5-year increase of 331.46%.