Key Events This Week
23 Mar: Sharp decline of 3.98% amid broad market sell-off
24 Mar: Significant gap up and intraday high at Rs.3,240.15 reflecting positive sentiment
25 Mar: Continued gains with 1.64% rise, maintaining momentum
27 Mar: Technical momentum shifts amid mixed indicator signals, closing at Rs.3,192.35

Thermax Ltd. is Rated Sell by MarketsMOJO
2026-03-28 10:10:27Thermax 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 stock's current position as of 28 March 2026, providing investors with an up-to-date view of the company’s fundamentals, valuation, financial trends, and technical outlook.
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Thermax Ltd. Technical Momentum Shifts Amid Mixed Indicator Signals
2026-03-27 08:01:54Thermax Ltd., a mid-cap player in the Heavy Electrical Equipment sector, has experienced a notable shift in its technical momentum, transitioning from a sideways trend to a mildly bearish stance. Despite a day-on-day price increase of 1.64% to ₹3,244.60, the company’s technical indicators present a complex picture, with mixed signals from MACD, RSI, moving averages, and other momentum oscillators, prompting a recent downgrade in its Mojo Grade from Hold to Sell.
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Thermax Ltd. is Rated Sell by MarketsMOJO
2026-03-17 10:10:02Thermax 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.
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Thermax Ltd: Valuation Shifts Signal Heightened Price Risk Amid Strong Historical Returns
2026-03-16 08:00:54Thermax 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.
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Thermax Ltd. is Rated Sell by MarketsMOJO
2026-03-06 10:10:24Thermax 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.
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Thermax Ltd. Opens with Significant Gap Down Amid Market Concerns
2026-03-04 09:51:04Thermax 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.
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