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Thermax Ltd Share Price (THERMAX)

₹4436.42.39%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Thermax Ltd share Performance

  • ₹4392.1
    ₹4636.75
    ₹4436.4
    downward going graph

    1.00%

    Low

    Day's Volatility:5.51%

    High

    4.52%

    downward going graph
  • ₹2191.85
    ₹4978.9
    ₹4436.4
    downward going graph

    50.59%

    Low

    52 Weeks Volatility:62.82%

    High

    12.23%

    downward going graph
1 Month Return10.81 %
3 Month Return50.06 %
1 Year Return98.84 %
Previous Close₹4,544.95
Open₹4,594.90
Volume1.94L
Upper Circuit-
Lower Circuit-
Market Cap₹54,155.94Cr

Analyst Rating for Thermax Ltd stock

based on 20 analysts

HOLD
34.78%
Buy
39.13%
Hold
26.09%
Sell

Based on 20 analysts offering long term price targets for Thermax Ltd. An average target of ₹3272.6

Source: S&P Global Market Intelligence

Company Information

Thermax Ltd is an Indian engineering company, incorporated in 1980. The company is involved in providing engineering solutions in the energy and environment sectors. Thermax has operations in over 75 countries, with a presence in all major markets. Its lines of business include heating, cooling, water and waste management, energy management, and specialty chemicals.

Thermax's top products include boilers, chillers, water and waste management systems, air pollution control systems, and energy management systems. Its popular brands include Thermax, Thermion, and Thermofin. Thermax is also the leading supplier of energy efficient solutions in India, with its products helping customers reduce their energy consumption and carbon footprint.

Share Price: ₹4436.40 per share as on 24 Apr, 2024 04:01 PM
Market Capitalisation: ₹54,155.94Cr as of today
Revenue: ₹2,324.36Cr as on December 2023 (Q4 23)
Net Profit: ₹237.06Cr as on December 2023 (Q4 23)
Listing date: 14 Jun, 1995
Chairperson Name: Meher P Pudumjee
OrganisationThermax Ltd
HeadquartersPune
IndustryCapital Goods-Non Electrical Equipment
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Key events for Thermax Ltd

  • Thermax Expects Big Projects in Steel, Refining and Power Sectors - 18 Apr, 2024

    Thermax's Managing Director and CEO, Ashish Bhandari, is optimistic about the power sector with the government talking about large power plants. He expects big projects to be back in play this year in steel, refining and petrochemicals, or power.

  • Thermax Expands Water Treatment Business with New Plant and Facility - 16 Apr, 2024

    Thermax has opened a new manufacturing facility and commissioned a new water and wastewater treatment plant in Pune to expand its water treatment business. The company's water and wastewater business has grown 3x in the last four years and continues to grow, driven by regulations, sustainable technologies, and water scarcity.

  • Thermax Stock Hits Record High on New Manufacturing Facility Launch - 15 Apr, 2024

    Thermax Limited's shares hit a record high after the launch of its state-of-the-art manufacturing factory for water and wastewater solutions in Pune, boosting the stock by 7.16%. The new facility embodies Thermax's dedication to excellence and engineering, driven by innovation, quality, and customer-centricity.

  • Thermax Develops Water Solutions for Karnataka Industries - 08 Apr, 2024

    Thermax has developed water and wastewater solutions, including desalination plants and Zero Liquid Discharge systems, to address water scarcity in Karnataka. The company showcased its advancements in green technology and water management at a roadshow in Bengaluru.

  • Thermax Ltd Shares Surge 26% in Last 30 Days - 06 Apr, 2024

    Thermax Ltd shares have gained 26% in the last month and are up 96% over the past year. The company's P/S ratio is typical for a firm expected to deliver strong growth, with revenue anticipated to climb by 13% per year over the next three years.

Fundamentals of Thermax Ltd

Insights on Thermax Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 12.01% to 12.24% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 1.98K Cr → 2.50K Cr (in ₹), with an average increase of 10.9% per quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, THERMAX has outperformed top 5 stocks with highest market-cap in Industrial Machinery & Equipment

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 13.55% to 13.56% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 58.88 Cr → 238.34 Cr (in ₹), with an average increase of 48.3% per quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, THERMAX has outperformed top 5 stocks with highest market-cap in Industrial Machinery & Equipment

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 61.98% of holdings in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 4.66% to 4.48% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, THERMAX stock has moved down by -4.2%

Thermax Ltd Valuation

Thermax Ltd in the last 5 years

  • Overview

  • Trends

Lowest (25.41x)

March 23, 2020

Today (83.78x)

April 23, 2024

Industry (84.95x)

April 23, 2024

Highest (116.86x)

March 10, 2021

LowHigh

Mutual Fund Holdings

Funds Holdings
Kotak Flexicap Fund Direct GrowthKotak Flexicap Fund Direct Growth2.74%
Kotak Emerging Equity Scheme Direct GrowthKotak Emerging Equity Scheme Direct Growth2.76%
SBI Bluechip Fund Direct GrowthSBI Bluechip Fund Direct Growth1.62%
SBI Magnum Midcap Fund Direct GrowthSBI Magnum Midcap Fund Direct Growth3.76%
Kotak Equity Opportunities Direct GrowthKotak Equity Opportunities Direct Growth1.79%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
61.98%
0.00
Foreign Institutions
12.24%
0.00
Mutual Funds
13.56%
0.00
Retail Investors
4.48%
0.00
Others
7.75%
0.00

Technicals of Thermax Ltd share

News & Events of Thermax Ltd

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Thermax Ltd (THERMAX) share price today is ₹4436.4

Thermax Ltd is listed on NSE

Thermax Ltd is listed on BSE

  • Today’s highest price of Thermax Ltd is ₹4636.75.
  • Today’s lowest price of Thermax Ltd is ₹4392.1.

PE Ratio of Thermax Ltd is 83.78

PE ratio = Thermax Ltd Market price per share / Thermax Ltd Earnings per share

Today’s traded volume of Thermax Ltd(THERMAX) is 1.94L.

Today’s market capitalisation of Thermax Ltd(THERMAX) is ₹54155.94Cr.

Thermax Ltd(THERMAXPrice
52 Week High
₹4978.9
52 Week Low
₹2191.85

Thermax Ltd(THERMAX) share price is ₹4436.4. It is down -10.90% from its 52 Week High price of ₹4978.9

Thermax Ltd(THERMAX) share price is ₹4436.4. It is up 102.40% from its 52 Week Low price of ₹2191.85

Thermax Ltd(THERMAXReturns
1 Day Returns
-108.55%
1 Month Returns
10.81%
3 Month Returns
50.06%
1 Year Returns
98.84%