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THERMAX

NSE
Thermax Limited (MID CAP)
Industrials>Capital Goods>Electrical Equipment>Heavy Electrical Equipment
4,726.30
155.00 (3.39%)
High VOLATILITY
As on 12 Jun 2026

Price History

Market Cap
₹56.32K Cr
MID CAP
P/E Ratio
75.6
Industry
Heavy Electrical Equipment
52-Week Range
52W Low2,742.7+72.3%
52W High5,075-6.9%
Current Price
4,726.30
Circuit Limits (20%)
Lower Circuit3,781.04
Upper Circuit5,671.56
Reference Price
4,726.30

Investment Checklist

Rounding Bottom on 1W (BREAKOUT CONFIRMED) — target ₹3572.2
Double Bottom on 1W (BREAKOUT CONFIRMED) — target ₹3859.0
Trend: Price above all key MAs — strong uptrend | Bullish MA stack (20>50>200)
Composite score 39.83 (BUY) with 84.3% confidence
EMA(9) Crossover: Price crossed above EMA(9): Fresh bullish momentum signal.

Technical Analysis

Technical Analysis

Analysis from 2026-06-12

Confidence
84%

Trend

BULLISH
BULLISH

Price above all key MAs — strong uptrend | Bullish MA stack (20>50>200)

EMA20
4637.35
EMA50
4303.35
EMA200
3656.69

Price Action

MIXED
NEUTRAL
Higher Highs3
Higher Lows5
Lower Highs6
Lower Lows4

Support & Resistance Levels

Resistance (Above)
4880.00
5075.00
Support (Below)
4317.50
4091.80
3975.00
3922.50
3659.90

Volume Analysis

TrendDECREASING
Change-33.10%
Unusual VolumeNo

Stop Loss Levels

Fixed Risk

1% Risk4679.04
3% Risk4584.51
5% Risk4489.98
7% Risk (Custom)
4395.46

Technical Levels

1x ATR (Volatility)4534.05
2x ATR (Swing)4341.80
3x ATR (Trend)4149.55
Immediate Support4317.50

Moving Averages

EMA 9 (Short-term)4713.37
EMA 20 (Medium-term)4637.35
EMA 50 (Trend)4303.35
EMA 200 (Long-term)3656.69

Financials

Financial Analysis

MetricMar '25Jun '25Sep '25Dec '25
Revenue₹2,952.1 Cr₹2,094.4 Cr₹2,473.9 Cr₹2,634.7 Cr
Net Profit₹205.7 Cr₹152.4 Cr₹119.7 Cr₹204.2 Cr
EPS₹13.53₹10.62₹18.12
Operating Profit₹374.6 Cr₹290.6 Cr₹257.3 Cr₹376.2 Cr
ROE
12.85%
ROCE
14.97%
Debt/Equity
0.35
Current Ratio
1.30
OPM
14.28%
NPM
7.75%

Peer Comparison

Heavy Electrical Equipment

Peer Comparison

SymbolNamePriceChange
POWERINDIAHitachi Energy India Limited₹34,325.00+3.23%
CGPOWERCG Power and Industrial Solutions Limited₹914.45+1.45%
ABBABB India Limited₹6,770.50+0.77%
BHELBharat Heavy Electricals Limited₹378.75+2.19%
ENRINSiemens Energy India Limited₹3,606.90+5.70%
SIEMENSSiemens Limited₹3,569.60+1.35%
GVT&DGE Vernova T&D India Limited₹4,942.50+4.38%
SUZLONSuzlon Energy Limited₹55.08+3.36%
SCHNEIDERSchneider Electric Infrastructure Limited₹1,105.70+1.51%
TRITURBINETriveni Turbine Limited₹671.20+4.76%

Corporate Information

Large Deals

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Bulk, Block and Short deals reported for this stock.

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Corporate Actions

Recent actions

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Ex DatePurposeType
04 Jul 2025
Dividend - Rs 14 Per Share
DIVIDEND
05 Jul 2024
Dividend - Rs 12 Per Share
DIVIDEND
21 Jul 2023
Dividend - Rs 10 Per Share
DIVIDEND
21 Jul 2022
Dividend - Rs 9 Per Share
DIVIDEND
22 Jul 2021
Dividend - Rs 7 Per Share
DIVIDEND

Announcements

Latest updates

View All
DateDescriptionLink
03 Jun 2026
General Updates
26 May 2026
Copy of Newspaper Publication
25 May 2026
Analysts/Institutional Investor Meet/Con. Call Updates
21 May 2026
Reply to Clarification- Financial results
20 May 2026
Updates

Board Meetings

Upcoming and past meetings

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DatePurposeLinks
07 May 2026
Financial Results/Dividend
07 May 2026
Board Meeting Intimation
02 Feb 2026
Board Meeting Intimation
02 Feb 2026
Financial Results
11 Nov 2025
Board Meeting Intimation

Corporate Events

Upcoming results & meetings

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No upcoming events found

We couldn't find any scheduled corporate actions for this symbol at the moment.

Shareholding Pattern

Shareholding Pattern

As of Dec 2025

Current Distribution

Trend (Last 8 Qtrs)

Latest News

News for THERMAX

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Top Gainers & Losers on June 3: TCS, Coforge, PB Fintech, JM Financial, Tata Elxsi, Thermax among top losers today
negative
LiveMint - Markets 10d ago

Top Gainers & Losers on June 3: TCS, Coforge, PB Fintech, JM Financial, Tata Elxsi, Thermax among top losers today

The Indian stock market fell on June 3, with the Nifty 50 down 0.36% and the Sensex down 0.54%. Rising crude oil prices and escalating Middle East tensions contributed to the decline, impacting investor confidence and market sentiment.

AONETMMQ50AONETOTALBFSICOFORGEIOCJMFINANCILMOCAPITALNETFNPBETOILOILIETFPOLICYBZRSDL26BEESTATAELXSITATATECHTCSTHERMAXTNIDETFTOP10ADDTOP15IETFTOP20Capital GoodsFinancial Services
NEWS
positive
Business Standard - Markets 15d ago

Thermax Ltd soars 8.26%, rises for third straight session

Thermax Ltd is quoting at Rs 4970, up 8.26% on the day as on 12:49 IST on the NSE. The stock is up 46.69% in last one year as compared to a 3.63% gain in NIFTY and a 15.16% gain in the Nifty Energy index.

AONELIQUIDAONENIFTYAONETMMQ50AONETOTALBANKIETFENERGYGKENERGYKPELMOENERGYPVTBANIETFTHERMAXCapital GoodsConstruction
Power index hits new high, zooms 24% in 2 mths; BHEL, CG Power at new peaks
positive
Business Standard - Markets 17d ago

Power index hits new high, zooms 24% in 2 mths; BHEL, CG Power at new peaks

Siemens Energy, CG Power and Industrial Solutions, GE Vernova T&D India, Thermax, ABB India, Hitachi Energy India, Siemens and Adani Green Energy were up in the range of 4-8% in Wednesday's trade.

ABBADANIENSOLADANIENTADANIGREENADANIPOWERAGNIBHELCGPOWERDPELENERGYENRINGKENERGYGREENPOWERGVPILGVT&DINOXGREENKPELKPIGREENNTPCGREENPOWERINDIASAATVIKGLSIEMENSTHERMAXCapital GoodsConstruction

Frequently Asked Questions