Thermax Ltd. Shows Strong Performance Amid Broader Market Fluctuations

Thermax Ltd., a prominent player in the heavy electrical equipment sector, has shown significant activity today, gaining 3.42% on July 17, 2025. The stock has outperformed its sector by 2.3%, marking a notable trend as it has recorded consecutive gains over the past three days, accumulating a total return of 9.62% during this period. Today, Thermax reached an intraday high of Rs 3788.65, reflecting a 3.88% increase. In terms of moving averages, the stock is currently positioned higher than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. In the broader market context, the Sensex opened positively but has since dipped by 182.54 points, trading at 82,570.99, which is a slight decline of 0.08%. Despite this, the Sensex is still close to its 52-week high, being just 4.13% away. Over the past week, Thermax has outperformed the Sensex, which has seen a decline of 0.74%. Year-to-date, Thermax's performance stands at -6.44%, contrasting with the Sensex's gain of 5.67%.