Thermax Ltd. Shows Signs of Recovery Amid Broader Market Gains

Thermax Ltd., a prominent player in the engineering and industrial equipment sector, has shown notable activity today, gaining 3.64% on March 25, 2025. This performance marks a trend reversal after two consecutive days of decline. The stock reached an intraday high of Rs 3605.95, reflecting a 3.54% increase.
In terms of market performance, Thermax has outperformed its sector by 3.32% today. Over the past week, the stock has surged by 9.84%, significantly exceeding the Sensex's 4.43% gain. However, over a three-month period, Thermax has experienced a decline of 18.77%, contrasting with the Sensex's modest increase of 0.21%.

Currently, Thermax's moving averages indicate that it is trading above the 5-day, 20-day, and 50-day averages, yet remains below the 100-day and 200-day averages. This mixed performance comes as the broader market, represented by the Sensex, continues to rise, gaining 7.48% over the last three weeks. As the market dynamics evolve, Thermax's performance metrics reflect its current standing within the industrial equipment landscape.