Thermax

{
  "main_header": {
    "sid": 685105,
    "name": "Thermax",
    "stock_name": "Thermax",
    "full_name": "Thermax Ltd.",
    "name_url": "stocks-analysis/thermax",
    "exchange": 0,
    "exchangecode": "",
    "primexch": 1,
    "country_id": 34,
    "currency": "INR",
    "cmp": "3,225.95",
    "chg": -3.15,
    "chgp": "-0.1%",
    "dir": -1,
    "prev_price": "3,229.10",
    "mcapval": "38,368.00 Cr",
    "mcap": "Mid Cap",
    "scripcode": 500411,
    "symbol": "THERMAX",
    "ind_name": "Heavy Electrical Equipment",
    "ind_code": 20,
    "indexname": "India SENSEX",
    "isin": "INE152A01029",
    "curr_date": "Mar 20",
    "curr_time": "",
    "bse_nse_vol": "2.37 lacs",
    "exc_status": "Active",
    "traded_date": "Mar 20, 2026",
    "traded_date_str": "2026 03 20",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-register-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. is Rated Sell by MarketsMOJO",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/thermax-ltd-is-rated-sell-by-marketsmojo-3896402",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/ThermaxLtd_mojoScore_3896402.png",
        "date": "2026-03-17 10:10:02",
        "description": "Thermax Ltd. is rated 'Sell' by MarketsMOJO, with this rating last updated on 04 Aug 2025. However, the analysis and financial metrics discussed here reflect the company’s current position as of 17 March 2026, providing investors with an up-to-date view of the stock’s fundamentals, valuation, financial trends, and technical outlook."
      },
      {
        "title": "Thermax Ltd: Valuation Shifts Signal Heightened Price Risk Amid Strong Historical Returns",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/thermax-ltd-valuation-shifts-signal-heightened-price-risk-amid-strong-historical-returns-3892625",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/ThermaxLtd_valuationdot_3892625.png",
        "date": "2026-03-16 08:00:54",
        "description": "Thermax Ltd., a key player in the Heavy Electrical Equipment sector, has seen its valuation metrics escalate sharply, moving from expensive to very expensive territory. Despite this, the stock has delivered robust returns over multiple time horizons, outperforming the Sensex significantly. This article analyses the recent valuation changes, compares them with historical and peer averages, and assesses the implications for investors."
      },
      {
        "title": "Thermax Ltd. is Rated Sell by MarketsMOJO",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/thermax-ltd-is-rated-sell-by-marketsmojo-3875665",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/ThermaxLtd_mojoScore_3875665.png",
        "date": "2026-03-06 10:10:24",
        "description": "Thermax Ltd. is rated 'Sell' by MarketsMOJO, with this rating last updated on 04 August 2025. However, the analysis and financial metrics discussed here reflect the stock's current position as of 06 March 2026, providing investors with an up-to-date perspective on the company’s performance and outlook."
      },
      {
        "title": "Thermax Ltd. Opens with Significant Gap Down Amid Market Concerns",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/thermax-ltd-opens-with-significant-gap-down-amid-market-concerns-3868677",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/ThermaxLtd_gapdown_3868677.png",
        "date": "2026-03-04 09:51:04",
        "description": "Thermax Ltd., a key player in the Heavy Electrical Equipment sector, opened the trading session on 4 Mar 2026 with a pronounced gap down, reflecting heightened market concerns. The stock declined sharply by 4.11% at the open, continuing a recent trend of subdued performance amid sectoral pressures and broader market weakness."
      },
      {
        "title": "Thermax Ltd. is Rated Sell by MarketsMOJO",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/thermax-ltd-is-rated-sell-by-marketsmojo-3850776",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/ThermaxLtd_mojoScore_3850776.png",
        "date": "2026-02-23 10:10:31",
        "description": "Thermax Ltd. is rated Sell by MarketsMOJO, with this rating last updated on 04 August 2025. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 23 February 2026, providing investors with an up-to-date view of the company’s fundamentals, valuation, financial trends, and technical outlook."
      },
      {
        "title": "Thermax Ltd. is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/thermax-ltd-is-rated-sell-3850817",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/ThermaxLtd_mojoScore_3850817.png",
        "date": "2026-02-22 10:10:17",
        "description": "Thermax Ltd. is rated 'Sell' by MarketsMOJO, with this rating last updated on 04 August 2025. However, the analysis and financial metrics discussed here reflect the stock's current position as of 23 February 2026, providing investors with an up-to-date view of the company’s performance and outlook."
      },
      {
        "title": "Thermax Ltd. Hits Intraday High with 5.11% Surge on 20 Feb 2026",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/thermax-ltd-hits-intraday-high-with-511-surge-on-20-feb-2026-3848715",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/ThermaxLtd_priceRelatedfactors_3848715.png",
        "date": "2026-02-20 14:31:03",
        "description": "Thermax Ltd. demonstrated robust intraday performance on 20 Feb 2026, surging to an intraday high of Rs 3,199.95, marking a 6.62% increase from its previous close. This sharp rise outpaced the broader Sensex, which gained 0.48% after a volatile session, underscoring Thermax’s notable momentum within the heavy electrical equipment sector."
      },
      {
        "title": "Thermax Ltd. is Rated Sell by MarketsMOJO",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/thermax-ltd-is-rated-sell-by-marketsmojo-3832699",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/ThermaxLtd_mojoScore_3832699.png",
        "date": "2026-02-11 10:10:32",
        "description": "Thermax Ltd. is rated 'Sell' by MarketsMOJO, with this rating last updated on 04 August 2025. However, the analysis and financial metrics discussed here reflect the stock's current position as of 11 February 2026, providing investors with an up-to-date view of the company’s performance and outlook."
      },
      {
        "title": "Thermax Ltd. Technical Momentum Shifts Amid Mixed Indicator Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/thermax-ltd-technical-momentum-shifts-amid-mixed-indicator-signals-3829779",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/ThermaxLtd_technicaldot_3829779.png",
        "date": "2026-02-10 08:03:58",
        "description": "Thermax Ltd., a key player in the Heavy Electrical Equipment sector, has experienced a nuanced shift in its technical momentum, reflecting a complex interplay of bullish and bearish signals across multiple timeframes. Despite a modest daily price increase, the company’s technical indicators reveal a cautious outlook, prompting a downgrade in its Mojo Grade from Hold to Sell as of 4 August 2025."
      }
    ],
    "total": 664,
    "sid": "685105",
    "stock_news_url": "https://www.marketsmojo.com/news/thermax-685105"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Restructuring",
      "datetime": "16-Mar-2026",
      "details": "Thermax Limited has informed the exchanges about signing of Share Subscription and Shareholders Agreement by First Energy 8 Private Limited (FE8PL) with its captive user.",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Acquisition",
      "datetime": "27-Feb-2026",
      "details": "Thermax Limited has informed the Exchange about Share Subscription Share Purchase and Shareholders Agreement entered for acquisition of stake in Exactspace Technologies Private Limited.",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "27-Feb-2026",
      "details": "Thermax Limited has submitted before the Exchanges the newspaper advertisements published informing the members about special window introduced by SEBI for transfer and dematerialisation of physical securities.",
      "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. is Rated Sell by MarketsMOJO

2026-03-17 10:10:02

Thermax Ltd. is rated 'Sell' by MarketsMOJO, with this rating last updated on 04 Aug 2025. However, the analysis and financial metrics discussed here reflect the company’s current position as of 17 March 2026, providing investors with an up-to-date view of the stock’s fundamentals, valuation, financial trends, and technical outlook.

Read full news article

Thermax Ltd: Valuation Shifts Signal Heightened Price Risk Amid Strong Historical Returns

2026-03-16 08:00:54

Thermax Ltd., a key player in the Heavy Electrical Equipment sector, has seen its valuation metrics escalate sharply, moving from expensive to very expensive territory. Despite this, the stock has delivered robust returns over multiple time horizons, outperforming the Sensex significantly. This article analyses the recent valuation changes, compares them with historical and peer averages, and assesses the implications for investors.

Read full news article

Thermax Ltd. is Rated Sell by MarketsMOJO

2026-03-06 10:10:24

Thermax Ltd. is rated 'Sell' by MarketsMOJO, with this rating last updated on 04 August 2025. However, the analysis and financial metrics discussed here reflect the stock's current position as of 06 March 2026, providing investors with an up-to-date perspective on the company’s performance and outlook.

Read full news article

Thermax Ltd. Opens with Significant Gap Down Amid Market Concerns

2026-03-04 09:51:04

Thermax Ltd., a key player in the Heavy Electrical Equipment sector, opened the trading session on 4 Mar 2026 with a pronounced gap down, reflecting heightened market concerns. The stock declined sharply by 4.11% at the open, continuing a recent trend of subdued performance amid sectoral pressures and broader market weakness.

Read full news article

Thermax Ltd. is Rated Sell by MarketsMOJO

2026-02-23 10:10:31

Thermax Ltd. is rated Sell by MarketsMOJO, with this rating last updated on 04 August 2025. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 23 February 2026, providing investors with an up-to-date view of the company’s fundamentals, valuation, financial trends, and technical outlook.

Read full news article

Thermax Ltd. is Rated Sell

2026-02-22 10:10:17

Thermax Ltd. is rated 'Sell' by MarketsMOJO, with this rating last updated on 04 August 2025. However, the analysis and financial metrics discussed here reflect the stock's current position as of 23 February 2026, providing investors with an up-to-date view of the company’s performance and outlook.

Read full news article

Thermax Ltd. Hits Intraday High with 5.11% Surge on 20 Feb 2026

2026-02-20 14:31:03

Thermax Ltd. demonstrated robust intraday performance on 20 Feb 2026, surging to an intraday high of Rs 3,199.95, marking a 6.62% increase from its previous close. This sharp rise outpaced the broader Sensex, which gained 0.48% after a volatile session, underscoring Thermax’s notable momentum within the heavy electrical equipment sector.

Read full news article

Thermax Ltd. is Rated Sell by MarketsMOJO

2026-02-11 10:10:32

Thermax Ltd. is rated 'Sell' by MarketsMOJO, with this rating last updated on 04 August 2025. However, the analysis and financial metrics discussed here reflect the stock's current position as of 11 February 2026, providing investors with an up-to-date view of the company’s performance and outlook.

Read full news article

Thermax Ltd. Technical Momentum Shifts Amid Mixed Indicator Signals

2026-02-10 08:03:58

Thermax Ltd., a key player in the Heavy Electrical Equipment sector, has experienced a nuanced shift in its technical momentum, reflecting a complex interplay of bullish and bearish signals across multiple timeframes. Despite a modest daily price increase, the company’s technical indicators reveal a cautious outlook, prompting a downgrade in its Mojo Grade from Hold to Sell as of 4 August 2025.

Read full news article

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