Thermax

{
  "main_header": {
    "sid": 685105,
    "name": "Thermax",
    "stock_name": "Thermax",
    "full_name": "Thermax Ltd.",
    "name_url": "stocks-analysis/thermax",
    "exchange": 1,
    "exchangecode": "",
    "primexch": 1,
    "country_id": 34,
    "currency": "INR",
    "cmp": "4,454.60",
    "chg": -120.4,
    "chgp": "-2.63%",
    "dir": -1,
    "prev_price": "4,575.00",
    "mcapval": "54,251.00 Cr",
    "mcap": "Mid Cap",
    "scripcode": 500411,
    "symbol": "THERMAX",
    "ind_name": "Heavy Electrical Equipment",
    "ind_code": 20,
    "indexname": "India SENSEX",
    "isin": "INE152A01029",
    "curr_date": "May 22",
    "curr_time": "",
    "bse_nse_vol": "2.4 lacs",
    "exc_status": "Active",
    "traded_date": "May 22, 2026",
    "traded_date_str": "2026 05 22",
    "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-685105-1&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0,
      "all_data": []
    }
  },
  "news": {
    "results": [
      {
        "title": "Thermax Ltd. is Rated Hold by MarketsMOJO",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/thermax-ltd-is-rated-hold-by-marketsmojo-3987476",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/ThermaxLtd_mojoScore_3987476.png",
        "date": "2026-05-12 10:10:03",
        "description": "Thermax Ltd. is rated 'Hold' by MarketsMOJO, with this rating last updated on 17 Apr 2026. While the rating change occurred on that date, the analysis and financial metrics discussed here reflect the company’s current position as of 12 May 2026, providing investors with an up-to-date view of the stock’s fundamentals, valuation, financial trends, and technical outlook."
      },
      {
        "title": "Broad-Based Technical Strength Lifts Thermax Ltd. to 52-Week High of Rs 4867.15",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/thermax-ltd-hits-new-52-week-high-at-rs486715-3985099",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/ThermaxLtd_priceRelatedfactors_3985099.png",
        "date": "2026-05-11 09:43:03",
        "description": "Surging past its previous peaks, Thermax Ltd. touched a fresh 52-week high of Rs 4867.15 on 11 May 2026, marking a significant milestone in its price momentum. This rally has been underpinned by a confluence of bullish technical indicators and sustained buying interest, even as the broader market faced headwinds."
      },
      {
        "title": "Thermax Ltd Gains 11.92%: 7 Key Factors Driving the Week’s Rally",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/thermax-ltd-gains-1192-7-key-factors-driving-the-weeks-rally-3983457",
        "imagepath": "",
        "date": "2026-05-09 16:03:45",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>4 May:</strong> Week opens at Rs.4,182.70</p>\n                    <p><strong>6 May:</strong> Technical momentum shifts signal bullish outlook</p>\n                    <p><strong>7 May:</strong> Mildly bullish technical stance amid market volatility</p>\n                    <p><strong>8 May:</strong> New 52-week high at Rs.4,540.8 and strong gap up</p>\n                    <p><strong>8 May:</strong> Heavy value trading and institutional interest surge</p>\n                    <p><strong>8 May:</strong> Q4 FY26 results show 19% profit growth</p>\n                    <p><strong>8 May:</strong> Technical momentum upgrades to bullish with strong returns</p>\n                </div>\n\n         ..."
      },
      {
        "title": "Are Thermax Ltd. latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-thermax-ltd-latest-results-good-or-bad-3982353",
        "imagepath": "",
        "date": "2026-05-08 19:20:23",
        "description": "Thermax Ltd. reported its financial results for the quarter ended March 2026, showcasing notable operational performance across several key metrics. The company achieved net sales of ₹3,428.04 crores, reflecting a year-on-year growth of 12.53% compared to ₹3,046.40 crores in the same quarter of the previous year. This growth is indicative of robust order execution and favorable project timelines.\n\nThe net profit for the quarter stood at ₹244.28 crores, marking an 18.74% increase from ₹205.73 crores in the corresponding quarter last year. This improvement in profitability is supported by an operating profit (excluding other income) of ₹374.31 crores, which translates to an operating margin of 10.92%. This margin represents a significant enhancement from the previous quarter, driven by operational efficiencies and cost discipline.\n\nAdditionally, the company demonstrated a strong five-year sales growth compoun..."
      },
      {
        "title": "Thermax Ltd. Surges on Heavy Value Trading and Institutional Interest",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/thermax-ltd-surges-on-heavy-value-trading-and-institutional-interest-3981212",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/ThermaxLtd_most_active_equities_by_value_3981212.png",
        "date": "2026-05-08 10:00:19",
        "description": "Thermax Ltd., a prominent player in the Heavy Electrical Equipment sector, witnessed a remarkable surge in trading activity on 8 May 2026, driven by robust institutional interest and significant value turnover. The stock outperformed its sector and broader market indices, signalling renewed investor confidence amid improving fundamentals and technical momentum."
      },
      {
        "title": "Thermax Q4 FY26: Strong Finish with 19% Profit Growth, But Valuation Concerns Persist",
        "link": "https://www.marketsmojo.com/news/result-analysis/thermax-q4-fy26-strong-finish-with-19-profit-growth-but-valuation-concerns-persist-3981700",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/Thermax_quaterlyResult_3981700.png",
        "date": "2026-05-08 09:49:29",
        "description": "Thermax Ltd., the Pune-based heavy electrical equipment manufacturer, delivered a robust finish to FY26 with consolidated net profit surging 19.64% quarter-on-quarter to ₹244.28 crores in Q4 FY26, up 18.74% year-on-year from ₹205.73 crores. The ₹55,399 crore market cap company saw its stock rally an impressive 11.16% following the results announcement, closing at ₹4,649.30 on May 08, 2026. However, despite the strong operational performance, concerns around stretched valuations persist, with the stock trading at a demanding 78x trailing earnings."
      },
      {
        "title": "Broad-Based Technical Strength Lifts Thermax Ltd. to 52-Week High of Rs 4540.8",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/thermax-ltd-hits-new-52-week-high-at-rs45408-on-8-may-2026-3981133",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/ThermaxLtd_priceRelatedfactors_3981133.png",
        "date": "2026-05-08 09:44:05",
        "description": "Surging past its previous peaks, Thermax Ltd. touched a new 52-week high of Rs 4540.8 on 8 May 2026, propelled by a confluence of bullish technical indicators and sustained price momentum that has captivated market attention."
      },
      {
        "title": "Thermax Ltd. Opens 5.19% Higher in Sharp Gap Up, But Can the Technicals Support It?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/thermax-ltd-opens-strong-with-significant-gap-up-reflecting-positive-market-sentiment-3981100",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/ThermaxLtd_gapup_3981100.png",
        "date": "2026-05-08 09:40:51",
        "description": ""
      },
      {
        "title": "Thermax Ltd. Surges 7.82% to Day's High of Rs 4448.95 — Outperforms Sector by 3.99 Percentage Points",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/thermax-ltd-hits-intraday-high-with-782-surge-on-8-may-2026-3981050",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/ThermaxLtd_priceRelatedfactors_3981050.png",
        "date": "2026-05-08 09:31:01",
        "description": "The Sensex declined 0.37% on 08 May 2026, yet Thermax Ltd. surged 7.82%, reaching a new 52-week high of Rs 4448.95. This 3.99 percentage-point outperformance over its sector highlights a distinctly stock-specific rally rather than a broad market uplift."
      }
    ],
    "total": 702,
    "sid": "685105",
    "stock_news_url": "https://www.marketsmojo.com/news/thermax-685105"
  },
  "announcements": [
    {
      "details": "Thermax Limited has informed the Exchange regarding Disclosure of Related party transactions.",
      "source": "NSE",
      "caption": "Thermax Limited - Other General Purpose",
      "datetime": "09-Dec-2019"
    },
    {
      "details": "Thermax Limited has informed the Exchange regarding Board meeting held on November 13, 2019.",
      "source": "NSE",
      "caption": "Thermax Limited - Outcome of Board Meeting",
      "datetime": "14-Nov-2019"
    },
    {
      "details": "Thermax Limited has informed the Exchange regarding Analysts/Institutional Investor Meet/Con. Call Updates",
      "source": "NSE",
      "caption": "Thermax Limited - Analysts/Institutional Investor Meet/Con. Call Updates",
      "datetime": "13-Nov-2019"
    }
  ],
  "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 Hold by MarketsMOJO

2026-05-12 10:10:03

Thermax Ltd. is rated 'Hold' by MarketsMOJO, with this rating last updated on 17 Apr 2026. While the rating change occurred on that date, the analysis and financial metrics discussed here reflect the company’s current position as of 12 May 2026, providing investors with an up-to-date view of the stock’s fundamentals, valuation, financial trends, and technical outlook.

Read full news article

Broad-Based Technical Strength Lifts Thermax Ltd. to 52-Week High of Rs 4867.15

2026-05-11 09:43:03

Surging past its previous peaks, Thermax Ltd. touched a fresh 52-week high of Rs 4867.15 on 11 May 2026, marking a significant milestone in its price momentum. This rally has been underpinned by a confluence of bullish technical indicators and sustained buying interest, even as the broader market faced headwinds.

Read full news article

Thermax Ltd Gains 11.92%: 7 Key Factors Driving the Week’s Rally

2026-05-09 16:03:45

Key Events This Week

4 May: Week opens at Rs.4,182.70

6 May: Technical momentum shifts signal bullish outlook

7 May: Mildly bullish technical stance amid market volatility

8 May: New 52-week high at Rs.4,540.8 and strong gap up

8 May: Heavy value trading and institutional interest surge

8 May: Q4 FY26 results show 19% profit growth

8 May: Technical momentum upgrades to bullish with strong returns

...

Read full news article

Are Thermax Ltd. latest results good or bad?

2026-05-08 19:20:23

Thermax Ltd. reported its financial results for the quarter ended March 2026, showcasing notable operational performance across several key metrics. The company achieved net sales of ₹3,428.04 crores, reflecting a year-on-year growth of 12.53% compared to ₹3,046.40 crores in the same quarter of the previous year. This growth is indicative of robust order execution and favorable project timelines. The net profit for the quarter stood at ₹244.28 crores, marking an 18.74% increase from ₹205.73 crores in the corresponding quarter last year. This improvement in profitability is supported by an operating profit (excluding other income) of ₹374.31 crores, which translates to an operating margin of 10.92%. This margin represents a significant enhancement from the previous quarter, driven by operational efficiencies and cost discipline. Additionally, the company demonstrated a strong five-year sales growth compoun...

Read full news article

Thermax Ltd. Surges on Heavy Value Trading and Institutional Interest

2026-05-08 10:00:19

Thermax Ltd., a prominent player in the Heavy Electrical Equipment sector, witnessed a remarkable surge in trading activity on 8 May 2026, driven by robust institutional interest and significant value turnover. The stock outperformed its sector and broader market indices, signalling renewed investor confidence amid improving fundamentals and technical momentum.

Read full news article

Thermax Q4 FY26: Strong Finish with 19% Profit Growth, But Valuation Concerns Persist

2026-05-08 09:49:29

Thermax Ltd., the Pune-based heavy electrical equipment manufacturer, delivered a robust finish to FY26 with consolidated net profit surging 19.64% quarter-on-quarter to ₹244.28 crores in Q4 FY26, up 18.74% year-on-year from ₹205.73 crores. The ₹55,399 crore market cap company saw its stock rally an impressive 11.16% following the results announcement, closing at ₹4,649.30 on May 08, 2026. However, despite the strong operational performance, concerns around stretched valuations persist, with the stock trading at a demanding 78x trailing earnings.

Read full news article

Broad-Based Technical Strength Lifts Thermax Ltd. to 52-Week High of Rs 4540.8

2026-05-08 09:44:05

Surging past its previous peaks, Thermax Ltd. touched a new 52-week high of Rs 4540.8 on 8 May 2026, propelled by a confluence of bullish technical indicators and sustained price momentum that has captivated market attention.

Read full news article

Thermax Ltd. Opens 5.19% Higher in Sharp Gap Up, But Can the Technicals Support It?

2026-05-08 09:40:51

Read full news article

Thermax Ltd. Surges 7.82% to Day's High of Rs 4448.95 — Outperforms Sector by 3.99 Percentage Points

2026-05-08 09:31:01

The Sensex declined 0.37% on 08 May 2026, yet Thermax Ltd. surged 7.82%, reaching a new 52-week high of Rs 4448.95. This 3.99 percentage-point outperformance over its sector highlights a distinctly stock-specific rally rather than a broad market uplift.

Read full news article

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