Thermax

Market Cap: Mid Cap
Industry: Heavy Electrical Equipment
ISIN: INE152A01029
NSEID: THERMAX
BSEID: 500411

INR

2,846.90

-21.85 (-0.76%)

BSENSE

Dec 05

BSE+NSE Vol: 55.97 k

{
  "main_header": {
    "sid": 685105,
    "name": "Thermax",
    "stock_name": "Thermax",
    "full_name": "Thermax Ltd.",
    "name_url": "stocks-analysis/thermax",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "2,846.90",
    "chg": -21.85,
    "chgp": "-0.76%",
    "dir": -1,
    "prev_price": "2,868.75",
    "mcapval": "33,922.61 Cr",
    "mcap": "Mid Cap",
    "scripcode": 500411,
    "symbol": "THERMAX",
    "ind_name": "Heavy Electrical Equipment",
    "ind_code": 20,
    "indexname": "",
    "isin": "INE152A01029",
    "curr_date": "Dec 05",
    "curr_time": "",
    "bse_nse_vol": "55.97 k",
    "exc_status": "Active",
    "traded_date": "Dec 05, 2025",
    "traded_date_str": "2025 12 05",
    "score": "",
    "scoreText": "",
    "Live": 1,
    "market_time": 1,
    "is_blur": 1,
    "is_blur_class": "blur-registerF-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/thermax-685105-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0,
      "all_data": []
    }
  },
  "news": {
    "results": [
      {
        "title": "Thermax Ltd. Stock Hits 52-Week Low at Rs.2821 Amidst Prolonged Downtrend",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/thermax-stock-falls-to-52-week-low-of-rs2821-amidst-continued-downtrend-3748412",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/Thermax_priceRelatedfactors_3748412.png",
        "date": "2025-12-05 09:56:12",
        "description": "Thermax Ltd., a prominent player in the Heavy Electrical Equipment sector, recorded a new 52-week low of Rs.2821 today, marking a significant milestone in its recent price trajectory. The stock has experienced a sustained decline over the past three trading sessions, reflecting a challenging period for the company amid broader market dynamics."
      },
      {
        "title": "Thermax Sees Revision in Market Assessment Amidst Challenging Financial Trends",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/thermax-downgraded-to-sell-by-marketsmojo-amid-weak-financials-and-bearish-technicals-3730986",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/Thermax_mojoScore_3730986.png",
        "date": "2025-11-26 09:46:20",
        "description": "Thermax, a midcap player in the Heavy Electrical Equipment sector, has experienced a revision in its market evaluation reflecting recent financial and technical developments. This shift follows a series of performance indicators that highlight both operational challenges and valuation concerns, impacting investor sentiment and stock returns."
      },
      {
        "title": "Thermax . Stock Hits 52-Week Low at Rs.2865.85 Amidst Prolonged Downtrend",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/thermax-stock-falls-to-52-week-low-of-rs286585-amidst-continued-downtrend-3724826",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/Thermax_priceRelatedfactors_3724826.png",
        "date": "2025-11-24 10:48:19",
        "description": "Thermax . shares touched a fresh 52-week low of Rs.2865.85 today, marking a significant milestone in the stock’s ongoing downward trajectory. This new low comes amid a series of declines over recent sessions, reflecting a challenging period for the heavy electrical equipment company."
      },
      {
        "title": "Thermax . Stock Hits 52-Week Low at Rs.2865.85 Amidst Prolonged Downtrend",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/thermax-stock-falls-to-52-week-low-of-rs286585-amidst-continued-downtrend-3724825",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/Thermax_priceRelatedfactors_3724825.png",
        "date": "2025-11-24 10:48:18",
        "description": "Thermax . shares touched a fresh 52-week low of Rs.2865.85 today, marking a significant milestone in the stock’s ongoing downward trajectory. This new low comes amid a period of sustained price declines and underperformance relative to the broader market and sector peers."
      },
      {
        "title": "Thermax . Stock Falls to 52-Week Low of Rs.2865.85 Amidst Prolonged Downtrend",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/thermax-stock-falls-to-52-week-low-of-rs286585-amidst-continued-downtrend-3724827",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/Thermax_priceRelatedfactors_3724827.png",
        "date": "2025-11-24 10:48:15",
        "description": "Thermax . has reached a new 52-week low of Rs.2865.85 today, marking a significant milestone in its recent price trajectory. The stock has been on a downward path for the past two days, reflecting a cumulative return decline of 2.93% during this period, despite the broader market showing positive momentum."
      },
      {
        "title": "Why is Thermax falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-thermax-fallingrising-3722173",
        "imagepath": "",
        "date": "2025-11-22 01:12:54",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Recent Price Movement and Market Context</strong></p>\n<p>Thermax’s share price hit a new 52-week low of ₹2,880 during intraday trading on 21-Nov, signalling persistent selling pressure. The stock underperformed its sector, Engineering - Industrial Equipments, which itself declined by 2.25% on the day. The weighted average price indicates that a larger volume of shares traded closer to the day’s low, suggesting that sellers dominated the session. Furthermore, the stock is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, highlighting a bearish technical trend.</p>\n<p>Investor participation has also waned, with delivery volumes on 20 Nov falling by 6.52% compared to the five-day average, indicating reduced buying interest. Despite this, ..."
      },
      {
        "title": "Thermax . Stock Falls to 52-Week Low of Rs.2890 Amidst Underperformance",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/thermax-stock-falls-to-52-week-low-of-rs2890-amidst-underperformance-3721357",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/Thermax_priceRelatedfactors_3721357.png",
        "date": "2025-11-21 15:18:49",
        "description": "Thermax . shares touched a new 52-week low of Rs.2890 today, marking a significant decline amid broader market fluctuations and sectoral underperformance. The stock's current trajectory reflects a challenging period for the company within the Heavy Electrical Equipment industry."
      },
      {
        "title": "Thermax . Stock Falls to 52-Week Low of Rs.2893.2 Amidst Underperformance",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/thermax-stock-falls-to-52-week-low-of-rs28932-on-19-nov-2025-3714714",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/Thermax_priceRelatedfactors_3714714.png",
        "date": "2025-11-19 09:54:49",
        "description": "Thermax . has reached a new 52-week low price of Rs.2893.2, marking a significant decline amid a period of underperformance relative to its sector and benchmark indices. The stock has experienced a consecutive two-day fall, accumulating a return loss of 3.48% during this period."
      },
      {
        "title": "How has been the historical performance of Thermax?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-thermax-3694776",
        "imagepath": "",
        "date": "2025-11-12 23:54:46",
        "description": "Answer:\nThe historical performance of Thermax shows a consistent growth trend in net sales and profits over the years leading up to March 2025.\n\nBreakdown:\nThermax's net sales have increased significantly from INR 4,791.25 crore in March 2021 to INR 10,369.26 crore in March 2025, reflecting a strong upward trajectory. The total operating income followed a similar trend, rising from INR 4,791.25 crore in March 2021 to INR 10,369.26 crore in March 2025. The operating profit (PBDIT) also saw a notable increase, climbing from INR 462.93 crore in March 2021 to INR 1,160.00 crore in March 2025. However, profit after tax showed a slight decline from INR 644.01 crore in March 2024 to INR 626.94 crore in March 2025. The total assets of the company grew from INR 5,800.53 crore in March 2020 to INR 11,883.64 crore in March 2025, while total liabilities increased from INR 5,800.53 crore to INR 11,883.64 crore during th..."
      }
    ],
    "total": 637,
    "sid": "685105",
    "stock_news_url": "https://www.marketsmojo.com/news/thermax-685105"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Press Release / Media Release",
      "datetime": "26-Nov-2025",
      "details": "Thermax Limited has informed the Exchanges about the press release titled Thermax Group secures an order valued at more than Rs. 580 crore from an African industry major.",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order",
      "datetime": "26-Nov-2025",
      "details": "Thermax Limited has informed the Exchanges about order concluded by Thermax Babcock & Wilcox Energy Solutions Limited a wholly owned subsidiary of the Company.",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Updates on Acquisition",
      "datetime": "21-Nov-2025",
      "details": "Thermax Limited has informed he Exchanges about allotment of equity shares on rights basis by Thermax Chemical Solutions Private Limited (TCSPL) a wholly owned subsidiary of the Company.",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Thermax Ltd. has declared <strong>700%</strong> dividend, ex-date: 04 Jul 25",
          "dt": "2025-07-04",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "",
      "data": [
        {
          "txt": "Thermax Ltd. has announced <strong>2:10</strong> stock split, ex-date: 31 Mar 06",
          "dt": "2006-03-31",
          "middle_text": "Split"
        }
      ]
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Thermax Ltd. Stock Hits 52-Week Low at Rs.2821 Amidst Prolonged Downtrend

2025-12-05 09:56:12

Thermax Ltd., a prominent player in the Heavy Electrical Equipment sector, recorded a new 52-week low of Rs.2821 today, marking a significant milestone in its recent price trajectory. The stock has experienced a sustained decline over the past three trading sessions, reflecting a challenging period for the company amid broader market dynamics.

Thermax Sees Revision in Market Assessment Amidst Challenging Financial Trends

2025-11-26 09:46:20

Thermax, a midcap player in the Heavy Electrical Equipment sector, has experienced a revision in its market evaluation reflecting recent financial and technical developments. This shift follows a series of performance indicators that highlight both operational challenges and valuation concerns, impacting investor sentiment and stock returns.

Thermax . Stock Hits 52-Week Low at Rs.2865.85 Amidst Prolonged Downtrend

2025-11-24 10:48:19

Thermax . shares touched a fresh 52-week low of Rs.2865.85 today, marking a significant milestone in the stock’s ongoing downward trajectory. This new low comes amid a series of declines over recent sessions, reflecting a challenging period for the heavy electrical equipment company.

Thermax . Stock Hits 52-Week Low at Rs.2865.85 Amidst Prolonged Downtrend

2025-11-24 10:48:18

Thermax . shares touched a fresh 52-week low of Rs.2865.85 today, marking a significant milestone in the stock’s ongoing downward trajectory. This new low comes amid a period of sustained price declines and underperformance relative to the broader market and sector peers.

Thermax . Stock Falls to 52-Week Low of Rs.2865.85 Amidst Prolonged Downtrend

2025-11-24 10:48:15

Thermax . has reached a new 52-week low of Rs.2865.85 today, marking a significant milestone in its recent price trajectory. The stock has been on a downward path for the past two days, reflecting a cumulative return decline of 2.93% during this period, despite the broader market showing positive momentum.

Why is Thermax falling/rising?

2025-11-22 01:12:54

Recent Price Movement and Market Context

Thermax’s share price hit a new 52-week low of ₹2,880 during intraday trading on 21-Nov, signalling persistent selling pressure. The stock underperformed its sector, Engineering - Industrial Equipments, which itself declined by 2.25% on the day. The weighted average price indicates that a larger volume of shares traded closer to the day’s low, suggesting that sellers dominated the session. Furthermore, the stock is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, highlighting a bearish technical trend.

Investor participation has also waned, with delivery volumes on 20 Nov falling by 6.52% compared to the five-day average, indicating reduced buying interest. Despite this, ...

Thermax . Stock Falls to 52-Week Low of Rs.2890 Amidst Underperformance

2025-11-21 15:18:49

Thermax . shares touched a new 52-week low of Rs.2890 today, marking a significant decline amid broader market fluctuations and sectoral underperformance. The stock's current trajectory reflects a challenging period for the company within the Heavy Electrical Equipment industry.

Thermax . Stock Falls to 52-Week Low of Rs.2893.2 Amidst Underperformance

2025-11-19 09:54:49

Thermax . has reached a new 52-week low price of Rs.2893.2, marking a significant decline amid a period of underperformance relative to its sector and benchmark indices. The stock has experienced a consecutive two-day fall, accumulating a return loss of 3.48% during this period.

How has been the historical performance of Thermax?

2025-11-12 23:54:46

Answer: The historical performance of Thermax shows a consistent growth trend in net sales and profits over the years leading up to March 2025. Breakdown: Thermax's net sales have increased significantly from INR 4,791.25 crore in March 2021 to INR 10,369.26 crore in March 2025, reflecting a strong upward trajectory. The total operating income followed a similar trend, rising from INR 4,791.25 crore in March 2021 to INR 10,369.26 crore in March 2025. The operating profit (PBDIT) also saw a notable increase, climbing from INR 462.93 crore in March 2021 to INR 1,160.00 crore in March 2025. However, profit after tax showed a slight decline from INR 644.01 crore in March 2024 to INR 626.94 crore in March 2025. The total assets of the company grew from INR 5,800.53 crore in March 2020 to INR 11,883.64 crore in March 2025, while total liabilities increased from INR 5,800.53 crore to INR 11,883.64 crore during th...

View All News

Announcement

Announcement under Regulation 30 (LODR)-Press Release / Media Release

26-Nov-2025 | Source : BSE

Thermax Limited has informed the Exchanges about the press release titled Thermax Group secures an order valued at more than Rs. 580 crore from an African industry major.

Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

26-Nov-2025 | Source : BSE

Thermax Limited has informed the Exchanges about order concluded by Thermax Babcock & Wilcox Energy Solutions Limited a wholly owned subsidiary of the Company.

Announcement under Regulation 30 (LODR)-Updates on Acquisition

21-Nov-2025 | Source : BSE

Thermax Limited has informed he Exchanges about allotment of equity shares on rights basis by Thermax Chemical Solutions Private Limited (TCSPL) a wholly owned subsidiary of the Company.