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Thermax Ltd.
Share Price Target & Analysis

NSE:THERMAX

4461.26

VWAP

4368.75

Open

4368.75

Close

4535

High

4329

Low

5839.95

52 Week High

4488.70 ⇧
119.95 (2.75%)

THERMAX

(CONSTRUCTION)
59.5% Momentum

Turnaround Potential

2500.25

52 Week Low

43.9

EPS

56.09

PE

15.12

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 12 per share. At the current share price of THERMAX at Rs 4488.70, this results in a dividend yield of 0.27 %.

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 43.9. NSE:THERMAX book value per share as of today is 296.81. The current price to book ratio for THERMAX as of Nov 23, 2024 is 15.12.

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 39.4% is very crucial parameter which shows that 39.4% investors are anticipating that the price of THERMAX share should go up with VWAP at 4461.26.

Now, the main question is whether to BUY or SELL, NSE:THERMAX at current valuation.
As per latest Analysis No. #926:-

⇑ 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 (Nov 23, 2024)

(Thermax Ltd. Daily Analysis on the basis of THERMAX Intraday Graph & Trend)

Thermax Ltd. share price moved Up by 2.75% from its previous close of Rs 4368.75. THERMAX stock last traded price is 4488.70. THERMAX share price trend is Up with a total of 150932 stocks traded till now. It has touched an intraday high of Rs 4535 and an intraday low of Rs 4329. The THERMAX trading at 4488.70, Up by Rs. 119.95, or 2.75 percent which suggests that most of the Traders are anticipating that the price of THERMAX share should go Up.

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 Up by 2.75%. THERMAX share price short term trend is Up. It suggests that THERMAX Share Price for Tomorrow remains the same with VWAP at 4461.26 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

 4488.70

THERMAX Share Price Target Prediction for 2024 ^

 4015.1 - 5868.9

THERMAX Share Price Target Prediction for 2025*^

 5868.9 - 6252.3

THERMAX Share Price Target Prediction for 2026*^

 6252.3 - 6690

THERMAX Share Price Target Prediction for 2027*^

 7025

THERMAX Share Price Target Prediction for 2028*^

 7225

THERMAX Share Price Target Prediction for 2030*^

 7876
THERMAX Current Book Value 2023
295.3

*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 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

THERMAX Technical Analysis

Candlestick Pattern: @5003.85

THERMAX Moving Averages

BUY (4) NEUTRAL (0) SELL (10)
MA Simple Action S1 Expo Action E2
MA_5 5073.92 SELL 5034.95 SELL
MA_12 5041.43 SELL 5066.22 SELL
MA_20 5099.28 SELL 5074.11 SELL
MA_32 5106.74 SELL 5055.83 SELL
MA_50 5036.1 SELL 5022.01 SELL
MA_100 4885.4 BUY 4932.44 BUY
MA_200 4620.74 BUY 4539.71 BUY

THERMAX Trend Oscillators

BUY (1) NEUTRAL (1) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 5099.28 Downtrend
MACD -17.09 SELL
ADX 19.7 NO or Weak Trend
DMI (+/-) 22.46 / 17.98 Uptrend

THERMAX Momentum Oscillators

BUY (2) NEUTRAL (5) SELL (5)
Momentum Oscillators Value Action
RSI 47.34 Neutral
STOCHASTIC_K (Fast) 17.51 Oversold
STOCHASTIC_D (Slow) 24.42 Neutral
CCI -55.75 Neutral
PSAR 5355 SELL
TRUE RANGE 226.7 BUY
ATR 193.37 BUY
WILLIAMS R -86.1 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 32.36 Neutral
STOCHASTIC RSI D 13.24 Oversold
MOMENTUM -217.25 SELL

THERMAX Last 1 Year Trend

Duration Value
1 Year 71.62%
3 Months 15.99%
1 Month -4.16%
1 Week -1.92%

THERMAX Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 23%
NEUTRAL / HOLD 20%
SELL 57%

Most popular Questions & Answers about THERMAX


Thermax Ltd. stock last traded price is 4488.70. THERMAX share price moved Up by 2.75% from its previous close of Rs 4368.75.

Thermax Ltd. share price trend is Up with a total of 150932 stocks traded till now. It has touched an intraday high of Rs 5898.3495 and an intraday low of Rs 4329. The THERMAX trading at 4488.70, Up by Rs. 119.95, or 2.75 percent which suggests that most of the Traders are anticipating that the price of THERMAX share should go Up and the Stop Loss will be around 4461.26.

The market cap of Thermax Ltd. is ₹22072.5 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Thermax Ltd. as of Nov 22, 2024 is 56.09.

The current price to book ratio for Thermax Ltd. as of Nov 22, 2024 is 15.12.

The highest price of Thermax Ltd. stock is ₹5839.95 in the last 52-week.

The lowest price of Thermax Ltd. stock is ₹2500.25 in the last 52-week.

Thermax Ltd. share trading at ₹4488.70, Up by Rs. 119.95, or 2.75 percent which suggests that most of the traders are anticipating that the price of THERMAX share should go Up.

In 2023, Stock price target for Thermax Ltd. (THERMAX) are ₹4015.1 on downside and ₹5868.9 on upside. Thermax Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Thermax Ltd. (THERMAX) are ₹5868.9 on downside and ₹6252.3 on upside. Thermax Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Thermax Ltd. (THERMAX) are ₹6252.3 on downside and ₹6690 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 ₹7225 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 2.75%. The short-term trend for THERMAX share price is Up. It implies that the share price of THERMAX will stay the same tomorrow and that intraday traders should treat VWAP at 4461.26 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 526.4. Compared to the current market price of 4488.70 INR, the THERMAX stock is Overvalued by 88.3%.

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 43.9. Thermax Ltd. book value per share as of today is 296.81. The current price to book ratio for THERMAX as of Nov 23, 2024 is 15.12.


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 3605.00 69.38 458.11
ADANIPORTS 1138.00 11.56 135.12
SIEMENS 6850.00 68.08 365.73
ABB 6904.65 79.37 280.52
THERMAX 4488.70 43.9 296.81
BHEL 234.39 0.59 71.37
NBCC 89.13 1.5 7.92
BEML 3815.15 68.9 634.59
HGINFRA 1279.45 91.09 355.75
JPASSOCIAT 6.27 0 15.04
Updated at: 22 Nov 2024 15:31

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