Thermax Ltd.
Share Price Target & Analysis
NSE:THERMAX
VWAP
Open
Close
High
Low
52 Week High
-15.60 (-0.43%)
THERMAX
(CONSTRUCTION)Turnaround Potential
52 Week Low
EPS
PE
PB
Economical
Quality
Diamond
Valuation
#Analysis
NSE: THERMAX Share Price Financial Analysis & Valuation
Thermax Ltd. (THERMAX) is broadly categorized in CONSTRUCTION segment industry which deals in Infrastructure - General vertical.
It is one of Mid Cap company with Market Capitalization of Rs 22072.5 (in Cr). Total number of free float shares are 0 (in Lacs).
Thermax Ltd. is listed on NSE with Exchange ID - INE152A01029 and trading code is NSE:THERMAX with short name Thermax.
In the past 1 year, Thermax Ltd. has declared an equity dividend of Rs 0.55 per share. At the current share price of THERMAX at Rs 3622.00, this results in a dividend yield of 0.02 %.
As per the Fundamental Analysis of NSE:THERMAX, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine THERMAX underlying value and future prospects. All of this data is available in THERMAX financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:THERMAX, it is clearly understood that THERMAX is Economical performer in terms of earnings and profit margins with an EPS of 62.62. NSE:THERMAX book value per share as of today is 370.02. The current price to book ratio for THERMAX as of Sep 07, 2026 is 9.79.
Valuation of the Stock: The current valuation of THERMAX stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of THERMAX whether to BUY this stock at current valuation. The delivery percentage of THERMAX is 136776% is very crucial parameter which shows that 136776% investors are anticipating that the price of THERMAX share should go up with VWAP at 3631.65.
Now, the main question is whether to BUY or SELL, NSE:THERMAX at current valuation.
As per latest Analysis No. #2275:-
⇑ STRONG BUY THERMAX if All Greens
⇗ BUY THERMAX (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD THERMAX (With Stop Loss) if only 1 Green
⇘ SELL THERMAX if NO Green Indicator
NSE: THERMAX Share Price Today (Sep 07, 2026)
(Thermax Ltd. Daily Analysis on the basis of THERMAX Intraday Graph & Trend)
Thermax Ltd. share price moved Down by -0.43% from its previous close of Rs 3637.6. THERMAX stock last traded price is 3622.00. THERMAX share price trend is Down with a total of 141581 stocks traded till now. It has touched an intraday high of Rs 3670 and an intraday low of Rs 3593.3. The THERMAX trading at 3622.00, Down by Rs. -15.60, or -0.43 percent which suggests that most of the Traders are anticipating that the price of THERMAX share should go Down.
NSE: THERMAX Share Price Tomorrow Prediction
(Thermax Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of THERMAX)
Thermax Ltd. share price moved Down by -0.43%. THERMAX share price short term trend is Down. It suggests that THERMAX Share Price for Tomorrow remains the same with VWAP at 3631.65 will be treated as stop loss for intraday traders. Thermax Ltd. Long term investors can follow the THERMAX long term trend as mentiond in future forecast table.
NSE Code |
NSE: THERMAX |
THERMAX Share Price Today |
3622.00 |
THERMAX Share Price Target Prediction for 2026 ^ |
2875.5 - 4260.3 |
THERMAX Share Price Target Prediction for 2027*^ |
4260.3 - 5650.4 |
THERMAX Share Price Target Prediction for 2028*^ |
5650.4 - 6045.9 |
THERMAX Share Price Target Prediction for 2029*^ |
6348 |
THERMAX Share Price Target Prediction for 2030*^ |
6530 |
THERMAX Share Price Target Prediction for 2035*^ |
7117 |
| THERMAX Current Book Value |
368.2 |
*Thermax Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^THERMAX share price target prediction for 2026 2027 2028 2029 2030 to 2035 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.
THERMAX Technical Analysis
Candlestick Pattern: @3913.2| MA | Simple | Action S1 | Expo | Action E2 |
|---|---|---|---|---|
| MA_5 | 3938.04 | SELL | 3936.09 | SELL |
| MA_12 | 3997.52 | SELL | 3991.75 | SELL |
| MA_20 | 4012.32 | SELL | 4051.02 | SELL |
| MA_32 | 4199.85 | SELL | 4161.2 | SELL |
| MA_50 | 4386.87 | SELL | 4228.58 | SELL |
| MA_100 | 4455.79 | SELL | 4206.69 | SELL |
| MA_200 | 3707.6 | BUY | 3966.96 | SELL |
| Trend Oscillators | Value | Action |
|---|---|---|
| Bollinger Bands | 4012.32 | Downtrend |
| MACD | 9.19 | BUY |
| ADX | 40.4 | Strong Trend |
| DMI (+/-) | 11.06 / 28.44 | Downtrend |
| Momentum Oscillators | Value | Action |
|---|---|---|
| RSI | 35.23 | Neutral |
| STOCHASTIC_K (Fast) | 21.75 | Neutral |
| STOCHASTIC_D (Slow) | 16.19 | Oversold |
| CCI | -123.01 | SELL |
| PSAR | 3829.65 | BUY |
| TRUE RANGE | 95.5 | BUY |
| ATR | 120.68 | BUY |
| WILLIAMS R | -89.49 | Oversold |
| TRIX | 0 | Neutral |
| STOCHASTIC RSI K | 33.45 | Neutral |
| STOCHASTIC RSI D | 11.15 | Oversold |
| MOMENTUM | -209 | SELL |
| Duration | Value |
|---|---|
| 1 Year | 20.08% |
| 3 Months | -21.62% |
| 1 Month | -5.07% |
| 1 Week | -2.17% |
| Action | Overall (%) |
|---|---|
| BUY | 20% |
| NEUTRAL / HOLD | 13% |
| SELL | 67% |
Most popular Questions & Answers about THERMAX (/ FAQ THERMAX)
Thermax Ltd. stock last traded price is 3622.00. THERMAX share price moved Down by -0.43% from its previous close of Rs 3637.6.
Thermax Ltd. share price trend is Down with a total of 141581 stocks traded till now. It has touched an intraday high of Rs 5330.578 and an intraday low of Rs 3593.3. The THERMAX trading at 3622.00, Down by Rs. -15.60, or -0.43 percent which suggests that most of the Traders are anticipating that the price of THERMAX share should go Down and the Stop Loss will be around 3631.65.
The market cap of Thermax Ltd. is ₹22072.5 (in Cr) as of Sep 06, 2026.
The current price to earning ratio for Thermax Ltd. as of Sep 06, 2026 is 73.86.
The current price to book ratio for Thermax Ltd. as of Sep 06, 2026 is 9.79.
The highest price of Thermax Ltd. stock is ₹5277.8 in the last 52-week.
The lowest price of Thermax Ltd. stock is ₹2742.7 in the last 52-week.
Thermax Ltd. share trading at ₹3622.00, Down by Rs. -15.60, or -0.43 percent which suggests that most of the traders are anticipating that the price of THERMAX share should go Down.
In 2026, Stock price target for Thermax Ltd. (THERMAX) will be around ₹2875.5 on downside and ₹4260.3 on upside. Thermax Ltd. share price target is based on current financial year earings of the company.
In 2027, Stock price target for Thermax Ltd. (THERMAX) will be around ₹4260.3 on downside and ₹5650.4 on upside. Thermax Ltd. share price target is based on forecasted future earnings of the company.
In 2028, Stock price target for Thermax Ltd. (THERMAX) will be around ₹5650.4 on downside and ₹6045.9 on upside. Thermax Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.
In next five years, Stock price target for Thermax Ltd. (THERMAX) will be around ₹6530 Thermax Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of THERMAX.
The price of Thermax Ltd. (THERMAX) shares moved by -0.43%. The short-term trend for THERMAX share price is Down. It implies that the share price of THERMAX will stay the same tomorrow and that intraday traders should treat VWAP at 3631.65 as a stop loss. Investors with a long-term outlook can track THERMAX long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of THERMAX stock is 750.8. Compared to the current market price of 3622.00 INR, the THERMAX stock is Overvalued by 79.3%.
As per the fundamental analysis of Thermax Ltd. (THERMAX), it is of Economical quality in terms of earnings and profit margins with an EPS of 62.62. Thermax Ltd. book value per share as of today is 370.02. The current price to book ratio for THERMAX as of Sep 07, 2026 is 9.79.
NSE:THERMAX News & Other Useful Information about THERMAX Share Price
Peer Comparison of NSE: THERMAX
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Infrastructure - General
| Company | Price | EPS | BV |
|---|---|---|---|
| LT | 3999.00 | 60.14 | 561.47 |
| ADANIPORTS | 1694.30 | 11.27 | 293.35 |
| SIEMENS | 3927.00 | 78.5 | 439.39 |
| ABB | 7434.00 | 85.6 | 369.78 |
| THERMAX | 3622.00 | 62.62 | 370.02 |
| BHEL | 421.45 | 5.44 | 77.25 |
| NBCC | 86.00 | 2.63 | 11.1 |
| BEML | 2097.20 | 27.72 | 345.94 |
| JPASSOCIAT | 2.42 | -18.27 | -11.64 |
| POWERMECH | 2359.80 | 115.08 | 787.77 |
| TWL | 835.35 | 16.56 | 188.23 |
| RIIL | 732.40 | 7.77 | 285.14 |
| TEXRAIL | 119.46 | 5.78 | 58.54 |
| ARVSMART | 646.80 | 10.94 | 130.35 |
| TEXINFRA | 119.26 | 0.99 | 83.89 |
| BGRENERGY | 258.49 | -175.84 | -391.61 |
| SADBHAV | 8.02 | 0.99 | 59.91 |
| JPINFRATEC | 1.25 | 4.84 | -531.14 |
| SADBHIN | 2.58 | 0.53 | 19.12 |
| MEP | 0.70 | -40.49 | 12.98 |
| BRNL | 17.09 | 0.42 | 31.38 |
| IL&FSTRANS | 2.11 | -28.97 | -451.72 |
| PUNJLLOYD | 2.25 | -36.66 | 865.4 |
| SKIL | 0.87 | 0.6 | 29.92 |
| ABINFRA | 11.11 | 0.38 | 2.73 |
| TRANSWIND | 11.30 | 1.44 | 24.75 |