Thermax Ltd. (THERMAX) News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

{ "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": "3,574.80", "chg": -3.4, "chgp": "-0.1%", "dir": -1, "prev_price": "3,578.20", "mcapval": "42,595.99 Cr", "mcap": "Mid Cap", "scripcode": 500411, "symbol": "THERMAX", "ind_name": "Heavy Electrical Equipment", "ind_code": 20, "sector_id": 36, "indexname": "India SENSEX", "isin": "INE152A01029", "curr_date": "Sep 22, 10:13 AM", "curr_time": "10:32 AM", "last_traded_at": "Sep 22, 10:13 AM IST", "bse_nse_vol": "30.38 k", "exc_status": "Active", "traded_date": "Sep 22, 2026", "traded_date_str": "2026 09 22", "score": "", "scoreText": "", "Live": 0, "market_time": 1, "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. Upgraded to Hold by MarketsMOJO on Improved Technicals and Valuation", "link": "https://www.marketsmojo.com/news/stock-recommendation/thermax-ltd-upgraded-to-hold-by-marketsmojo-on-improved-technicals-and-valuation-4200677", "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/ThermaxLtd_mojoScore_4200677.png", "date": "2026-09-22 08:46:30", "description": "Thermax Ltd., a prominent player in the Heavy Electrical Equipment sector, has seen its investment rating upgraded from Sell to Hold as of 21 September 2026. This shift reflects nuanced changes across four critical parameters: quality, valuation, financial trend, and technicals. Despite recent challenges in quarterly financial performance, the company’s long-term growth prospects, market-beating returns, and evolving technical indicators have contributed to this reassessment." }, { "title": "Thermax Ltd. Technical Momentum Shifts Signal Mild Bullish Outlook Amid Mixed Indicators", "link": "https://www.marketsmojo.com/news/stocks-in-action/thermax-ltd-technical-momentum-shifts-signal-mild-bullish-outlook-amid-mixed-indicators-4200345", "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/ThermaxLtd_technicaldot_4200345.png", "date": "2026-09-22 08:05:00", "description": "Thermax Ltd., a key player in the Heavy Electrical Equipment sector, has exhibited a notable shift in its technical momentum, moving from a sideways trend to a mildly bullish stance. Despite mixed signals from various technical indicators, the stock’s recent performance and upgraded rating suggest cautious optimism for investors navigating a complex market environment." }, { "title": "Thermax Ltd. is Rated Sell by MarketsMOJO", "link": "https://www.marketsmojo.com/news/stock-recommendation/thermax-ltd-is-rated-sell-by-marketsmojo-4199683", "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/ThermaxLtd_mojoScore_4199683.png", "date": "2026-09-21 10:10:58", "description": "Thermax Ltd. is rated 'Sell' by MarketsMOJO, with this rating last updated on 15 September 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 21 September 2026, providing investors with an up-to-date view of the company’s performance and outlook." }, { "title": "Thermax Ltd. Falls 3.53%: Valuation and Technical Shifts Shape Weekly Performance", "link": "https://www.marketsmojo.com/news/stocks-in-action/thermax-ltd-falls-353-valuation-and-technical-shifts-shape-weekly-performance-4198370", "imagepath": "", "date": "2026-09-19 16:01:47", "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>15 Sep:</strong> Stock opens at Rs.3,558.65, down 3.30% amid broad market weakness</p>\n <p><strong>16 Sep:</strong> Technical momentum shifts to sideways trend; valuation concerns prompt downgrade</p>\n <p><strong>17 Sep:</strong> Minor recovery with 0.84% gain to Rs.3,568.35</p>\n <p><strong>18 Sep:</strong> Week closes at Rs.3,550.45, down 0.50% on the day</p>\n </div>\n\n <div class=\"stats-row\">\n <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.3,680.25</div></div>\n <div class=\"stat-item\"><div class=\"stat-label\">Week Clo..." }, { "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-4194155", "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/ThermaxLtd_technicaldot_4194155.png", "date": "2026-09-16 08:06:09", "description": "Thermax Ltd., a key player in the Heavy Electrical Equipment sector, has experienced a notable shift in its technical momentum, reflecting a complex interplay of bullish and bearish signals across multiple timeframes. Despite a recent downgrade in its Mojo Grade from Hold to Sell, the stock’s long-term returns continue to outpace the broader market, presenting a nuanced picture for investors navigating the mid-cap space." }, { "title": "Thermax Ltd. Valuation Shifts Signal Price Attractiveness Concerns Amid Market Volatility", "link": "https://www.marketsmojo.com/news/stocks-in-action/thermax-ltd-valuation-shifts-signal-price-attractiveness-concerns-amid-market-volatility-4193912", "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/ThermaxLtd_valuationdot_4193912.png", "date": "2026-09-16 08:01:01", "description": "Thermax Ltd., a prominent player in the Heavy Electrical Equipment sector, has witnessed a notable shift in its valuation parameters, moving from a 'very expensive' to an 'expensive' rating. Despite strong historical returns outperforming the Sensex, the stock’s elevated price-to-earnings and price-to-book ratios raise questions about its current price attractiveness and future investment appeal." }, { "title": "Thermax Ltd. is Rated Hold by MarketsMOJO", "link": "https://www.marketsmojo.com/news/stock-recommendation/thermax-ltd-is-rated-hold-by-marketsmojo-4189048", "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/ThermaxLtd_mojoScore_4189048.png", "date": "2026-09-10 10:11:12", "description": "Thermax Ltd. is rated 'Hold' by MarketsMOJO, with this rating last updated on 17 April 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 10 September 2026, providing investors with an up-to-date view of the company’s performance and outlook." }, { "title": "Thermax Ltd. is Rated Hold by MarketsMOJO", "link": "https://www.marketsmojo.com/news/stock-recommendation/thermax-ltd-is-rated-hold-by-marketsmojo-4174764", "imagepath": "https://i.marketsmojo.com/newsimg/2026/8/ThermaxLtd_mojoScore_4174764.png", "date": "2026-08-30 10:10:36", "description": "Thermax Ltd. is rated 'Hold' by MarketsMOJO, with this rating last updated on 17 April 2026. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 30 August 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 Hold by MarketsMOJO", "link": "https://www.marketsmojo.com/news/stock-recommendation/thermax-ltd-is-rated-hold-by-marketsmojo-4160845", "imagepath": "https://i.marketsmojo.com/newsimg/2026/8/ThermaxLtd_mojoScore_4160845.png", "date": "2026-08-19 10:11:31", "description": "Thermax Ltd. is rated 'Hold' by MarketsMOJO, with this rating last updated on 17 April 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 19 August 2026, providing investors with an up-to-date view of the company’s fundamentals, valuation, financial trends, and technical outlook." } ], "total": 741, "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: 03 Jul 26", "dt": "2026-07-03", "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": [] } ] }

Key Events This Week

15 Sep: Stock opens at Rs.3,558.65, down 3.30% amid broad market weakness

16 Sep: Technical momentum shifts to sideways trend; valuation concerns prompt downgrade

17 Sep: Minor recovery with 0.84% gain to Rs.3,568.35

18 Sep: Week closes at Rs.3,550.45, down 0.50% on the day

Week Open

Rs.3,680.25

Week Clo...

Read full news article

Thermax Ltd. Technical Momentum Shifts Amid Mixed Indicator Signals

2026-09-16 08:06:09

Thermax Ltd., a key player in the Heavy Electrical Equipment sector, has experienced a notable shift in its technical momentum, reflecting a complex interplay of bullish and bearish signals across multiple timeframes. Despite a recent downgrade in its Mojo Grade from Hold to Sell, the stock’s long-term returns continue to outpace the broader market, presenting a nuanced picture for investors navigating the mid-cap space.

Read full news article

Thermax Ltd. Valuation Shifts Signal Price Attractiveness Concerns Amid Market Volatility

2026-09-16 08:01:01

Thermax Ltd., a prominent player in the Heavy Electrical Equipment sector, has witnessed a notable shift in its valuation parameters, moving from a 'very expensive' to an 'expensive' rating. Despite strong historical returns outperforming the Sensex, the stock’s elevated price-to-earnings and price-to-book ratios raise questions about its current price attractiveness and future investment appeal.

Read full news article

Thermax Ltd. is Rated Hold by MarketsMOJO

2026-09-10 10:11:12

Thermax Ltd. is rated 'Hold' by MarketsMOJO, with this rating last updated on 17 April 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 10 September 2026, providing investors with an up-to-date view of the company’s performance and outlook.

Read full news article

Thermax Ltd. is Rated Hold by MarketsMOJO

2026-08-30 10:10:36

Thermax Ltd. is rated 'Hold' by MarketsMOJO, with this rating last updated on 17 April 2026. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 30 August 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 Hold by MarketsMOJO

2026-08-19 10:11:31

Thermax Ltd. is rated 'Hold' by MarketsMOJO, with this rating last updated on 17 April 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 19 August 2026, providing investors with an up-to-date view of the company’s fundamentals, valuation, financial trends, and technical outlook.

Read full news article