Thermax Ltd. Faces Sustained Stock Decline Amid Challenging Market Conditions

Feb 12 2025 10:15 AM IST
share
Share Via
Thermax Ltd. has faced a significant decline in stock performance, reaching a new 52-week low. Over three days, the stock has dropped cumulatively, although it outperformed its sector. Currently, it trades below multiple moving averages, indicating a bearish trend amid broader market challenges.
Thermax Ltd., a prominent player in the engineering and industrial equipment sector, has experienced a notable decline in its stock performance today, with a loss of 3.11% as of February 12, 2025. The stock reached a new 52-week low of Rs. 3089, reflecting a challenging market environment. Over the past three days, Thermax has seen a cumulative drop of 8.54%, indicating a sustained downward trend.

In terms of market positioning, Thermax's performance today outpaced its sector, which fell by 2.79%, showcasing a relative strength despite the overall decline. However, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend in the short to medium term.

Comparatively, Thermax's one-day performance of -2.88% contrasts with the Sensex's decline of 1.01%, while its one-month performance shows a significant drop of 17.98% against the Sensex's 2.40% decline. These metrics highlight the challenges faced by Thermax in the current market landscape.
{{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