Thermax Ltd. Stock Declines by -3.01% on November 18, 2024, Given 'Hold' Rating by MarketsMOJO.

Nov 18 2024 01:45 PM IST
share
Share Via
Thermax Ltd. experienced a -3.01% decrease in its stock price on November 18, 2024, with a 'Hold' call from MarketsMojo. The stock underperformed the sector by -1.25% and showed a mixed trend compared to its moving averages. In the short and long term, the stock has declined, but it remains a largecap company in the engineering industry.

Thermax Ltd., a leading player in the engineering industry, saw a decline of -3.01% in its stock price on November 18, 2024. The stock was given a 'Hold' call by MarketsMOJO, indicating a neutral stance on the company's performance.

The stock's performance today was underwhelming, as it underperformed the sector by -1.25%. It reached an intraday high of Rs 5159.8, showing a 3.23% increase, but also touched an intraday low of Rs 4838.7, reflecting a -3.19% decrease.

In terms of moving averages, Thermax Ltd.'s stock is currently higher than its 200-day moving average, but lower than its 5-day, 20-day, 50-day, and 100-day moving averages. This suggests a mixed trend in the company's stock performance.

Comparing the 1-day and 1-month performance of Thermax Ltd. with the Sensex, the company's stock has shown a decline of -3.05% and -6.82% respectively, while the Sensex has performed slightly better with a decline of -0.30% and -4.78% in the same time periods.

Overall, Thermax Ltd. has seen a decline in its stock price, but it remains a largecap company in the engineering industry. Investors are advised to hold their positions and monitor the company's performance in the coming days.
{{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