Thermax Ltd. Shows Strong Short-Term Performance Amid Broader Market Stability

Thermax Ltd., a prominent player in the heavy electrical equipment sector, has shown significant activity today, gaining 4.96% on July 16, 2025. This performance has allowed the stock to outperform its sector by 3.64%. Over the past two days, Thermax has recorded a total return of 5.35%, indicating a positive trend in its short-term performance.
The stock reached an intraday high of Rs 3,632.4, reflecting a 4.53% increase during the trading session. In terms of moving averages, Thermax 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 flat, trading at 82,557.63 with a slight decline of 0.02%. Despite this, the Sensex is nearing its 52-week high, just 4.14% away. Small-cap stocks are leading the market today, with the BSE Small Cap index gaining 0.23%. Over various time frames, Thermax's performance has shown resilience, particularly in the long term, with a remarkable 386.03% increase over the past five years.